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Scorpion Minerals Limited (ASX:SCN)

ALERT: Price-sensitive ASX Announcement for SCN
Current share price for SCN : $0.026 0.007 (36.84%)+
Announcement
Release
24 Jul 2025 9:41AM
Price at Release
$0.019
Full Release
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Summary
Scorpion Minerals Limited (ASX: SCN) announced the completion of a Reverse Circulation (RC) drilling program at the Pharos Gold Project, located in the Murchison region of Western Australia. The drilling targeted several high-priority gold prospects within the Pharos tenure, including extensions to previously identified mineralized zones. The program aimed to follow up on previous successful drilling and soil geochemical anomalies, with the objective of expanding known gold mineralization and identifying new targets. Initial observations from the RC drilling program were promising, with multiple zones of visible mineralization intersected. Assay results are pending and will be reported when available. The company emphasized its commitment to systematic exploration and growing the gold resource base at Pharos, supported by a strong technical team and strategic project location.
Key Points
  • Scorpion Minerals Limited (ASX: SCN) completed an RC drilling program at the Pharos Gold Project in Western Australia.
  • The drilling targeted extensions of known gold mineralization and new high-priority targets within the Pharos tenure.
  • The program was in response to previous successful drilling and significant soil geochemical anomalies.
  • Several zones of visible mineralization were intersected in the recently completed drilling campaign.
  • Assay results from the RC drilling are pending and will be reported once received.
  • The company is focused on systematic exploration and expanding the gold resource at Pharos.
  • The Pharos Gold Project benefits from a strong technical team and a strategic location in the Murchison region.
  • Scorpion Minerals reiterates its commitment to growing shareholder value through continued exploration success.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.