| Risk and valuation analysis of the Mineral Ridge Mine |
| Status Risk : Mine development |
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| Title(s) of the Mineral Ridge Mine |
 | Scorpio Gold Corp.
Joint venture: 70% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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 | Golden Phoenix Minerals Inc
Joint venture: 30% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| the Company maintains a thirty percent (30%) interest in via its membership interest in
Mineral Ridge Gold, LLC; the joint venture entity that owns and operates the Mineral Ridge property with Scorpio Gold (“Scorpio”). |
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| Location of the Mineral Ridge Mine |
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The Mineral Ridge gold deposits are located on the northeast flank of the Silver Peak Mountain Range in Esmeralda County, Nevada. This range lies in the southern reaches of the Great Basin within the Walker Lane structural corridor, a 60-mile wide region of wrench-faulting which separates the Sierra Nevada to the west and the Great Basin to the east.
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| History of the Mineral Ridge Mine |
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Gold was discovered in the Mineral Ridge area in 1864. Intermittent mining operations have occurred from that date to the present. Early production was from underground high-grade gold ores that averaged from 0.243 opt Au to 1.45 opt Au. In 1989 open more...
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| Geology of the Mineral Ridge Mine |
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The Mineral Ridge gold deposits are located on the northeast flank of the Silver Peak Mountain Range. This range lies in the southern reaches of the Great Basin, within the Walker Lane structural corridor. The Walker Lane is a 60-mile-wide region of more...
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| Production history |
| Metal | 2004 | 1999 | 1997 | 1993 | historical |
| GOLD (oz) | 6,340 | 30,068 | 15,306 | 589,074 | 575,000 |
| SILVER (oz) | 4,401 | | | | |
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