11:53 AM EST - Scorpio Gold Corporation : provided an update on its 100%-owned Goldwedge project, located 54 km north-northeast of Tonopah within the Manhattan Mining District of south-central Nevada. The Goldwedge deposit lies within the Walker Lane Gold Belt and is situated on the southern periphery of the Manhattan Caldera, approximately 16 kilometres south of the 15-million-ounce Round Mountain Mine. Historic mining in the Manhattan Mining District dates back to the 19th century, with district-wide gold production from both lode and placer deposits estimated at 566,000 ounces. The largest gold production came from the Manhattan Mine East & West pits located within a kilometre south of the Goldwedge deposit, where Echo Bay Mines reportedly produced an estimated 236,000 ounces. Scorpio Gold Corporation
shares V.SGN are trading unchanged at $0.18.
