SCORPIO GOLD US CORPORATION

SCORPIO GOLD US CORPORATION

Slogan: Canadian Gold Producer Powering Nevada’s Richest Veins and Lenses

Description: Scorpio Gold Corporation (TSX-V:SGN) is a Canadian-based gold producer. The Company holds a 70% interest in the Mineral Ridge gold project, partnered with Elevon, LLC (30%). Mineral Ridge is a traditional open-pit heap leach operation located 6 km northwest of Silver Peak and 56 km west of Tonopah in Esmeralda County, Nevada. The property hosts multiple gold-bearing structures, veins, and lenses at various stages of exploration, development, and production. Scorpio Gold achieved commercial production status at Mineral Ridge on January 1, 2012, and as of September 2015, total production exceeded 142,000 ounces of gold. Production in 2015 is forecasted at 38,000-40,000 ounces of gold, with an estimated total cash cost of US$800-$850 per ounce of gold sold. Additionally, Scorpio Gold holds a 100% interest in the advanced exploration-stage Goldwedge property in Manhattan, Nevada. This property includes a fully permitted underground mine and a 400 ton per day mill facility, which is currently on care and maintenance.

Founded: 2006

Headquarter: United States

Last Investment: Post-IPO Debt investment at 25 October 2010

Last Investment Investors: N/A