2023 Timeline

Execute Definitive Agreement

June, 2023

Market & Financing

June - July, 2023

Close transaction

August, 2023

Manhattan Wedge Plant Refurb

September - October, 2023

Northstar Drilling

October onward, 2023

Begin update of Mineral Ridge feasibility study

June, 2023

Geophysics and define drill targets

June - August, 2023

Drilling Commence at Manhattan Wedge

September, 2023

Floatation Plant Install

September - October, 2023

Budget for Recommended Exploration (US$)

Description Cost
Permitting (application, site visits bond amount) $25,000
Additional Field Work-sampling $10,000
7500 feet (2,420m) of RC Drilling at $25/ft for 20 days of drilling $187,500
Assays (1500 total, $35 each) $52,000
Road repair, sumps $25,000
Consultants, transportation, motel, food $50,000
Contingency ~ 5% $17,500
Total Cost $367,000
Scorpio Gold
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