Advanced Exploration


Scorpio Gold Corp.




2021 / 05 / 13




2.0% NSR

The Goldwedge project is located in Nevada’s Walker Lane and is located on the southern periphery of the Manhattan Caldera, approximately 16 km south of the 15 million ounce Round Mountain Mine.  The property encompasses the Goldwedge, Keystone and Jumbo gold deposits. Several drilling programs have been completed by Scorpio on the three deposits over the past several years. The current focus is on the Goldwedge deposit, which has a fully permitted underground mine with a 400 tpd mill facility and gravity circuit.

A number of companies have explored the underground potential of the Goldwedge deposit, beginning in 1983 with Freeport Exploration. Drilling by previous owners totals 89 surface holes and 30 underground core holes for a total of 16,994 metres. Between 2004-2012, Royal Standard Minerals, completed underground development, exploration, and bulk sampling of the deposit and constructed the mill facility on the property. Scorpio acquired the property from Royal Standard Minerals in 2012.

The Goldwedge deposit contains several styles of gold mineralization hosted within fault breccia, shear zones, veins stratabound replacements in limestone and pervasive quart-sericite-pyrite alteration hosted mineralization.

Recent Activity

    October 2022

    Results from the 2022 drill program have confirmed strong mineralization trends with significant interceptions at the northeastern (Mustang Hill Area) and southwestern sections (Crescent Trend Area) of the West Pit. Drill highlights include:

    • MWRC22-014: 7.6 m grading 3.5 g/t Au from 79.3 m, including 1.5 m grading 14.6 g/t Au from 79.3;
    • MWRC22-018: 22.9 m grading 4.9 g/t Au from 62.5 m, including 1.5 m grading 38.8 g/t Au from 70.2 m and 9.2 m grading 5.2 g/t Au from 112.9 m; and
    • MWRC22-021: 41.2 m grading 3.9 g/t Au from 24.4 m.

    May 2022

    A 10,800 m drilling program at Goldwedge, designed around results encountered in the 2021 Phase 1 program, has commenced. The target areas are situated around the Manhattan West and East pits, and between the Goldwedge underground and the open pits.

Use the link below to browse a list of available technical reports for the projects within Sandstorm’s portfolio. For the most up-to-date information on each project, please refer to the project operator or developer.

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Annual Report

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