FinTechFunding

Scorpion Minerals: Completes phase one RC drilling at Pharos

  • Scorpion Minerals (SCN) has completed phase one reverse circulation (RC) drilling at its Pharos Project in Western Australia
  • Then the company began work at Pharos on September 1 with aims to confirm and define a historical gold intersection
  • A total 28 holes drilled across the Beacon, Lantern, Candle, Cap Lamp, Atlanta, Oliver’s Patch, and Salt Flat prospects
  • Scorpion has received results for the first four holes with results peaking at 18g/t gold
  • A further 2500 metres of follow-up RC drilling has been planned to target additional down-dip and strike extensions at multiple prospects
  • Scorpion is up a healthy 23.8 per cent on the market and shares are trading for 9.9 cents each
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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