Highlights from interview with Scorpio Gold (CVE: SGN) (OTCMKTS: SRCRF):

a) +30,000 ounces gold produced in 2014 so far, target is 40-45,000 ounces for full year

b) Roughly $2M Cash, $16M Working Capital, and $12M metals in process inventory

c) Over its lifetime, 1 million ounces have been mined off a footprint the size of a business card, the entire Mineral Ridge land package is like a standard sized desk.

d) Up to November, approximately 125,000 feet of RC drilling completed, “we think we’ll hit 150k by year end”, 3 rigs are onsite, and it’s a great time to be working because costs are low… Scorpio paying between $13-$15 per foot for high quality drillers.

e) of the $26.5M Scorpio has borrowed, it has repaid $22.5M… about $4M in debt remaining (never gone back to market to sell equity)

f) Announced discovery at “Physik” target November 3rd, drill hole MR141107 returning 31.79 g/t gold over 4.57 meters within 15 meters of surface. Blind discovery just 1,000 feet from the Mary Pit.

g) 4 core holes have been drilled at Goldwedge, fully permitted and functional mill onsite, results could be released in December or first part of 2015.

*Disclosure: no money was paid by Scorpio Gold for this distribution

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