Scorpio Gold Corporation provided production and capital expenditure guidance for 2014. The company provided guidance and budget for the 70% owned Mineral Ridge project, located in Nevada. The company expects production of 40,000 to 45,000 ounces gold, average throughput of 2,840 short tons (2,580 metric tonnes) per day and average grade of 0.061 ounces per short ton (2.09 grams per tonne) gold.

The company expects these parameters to fluctuate throughout 2014 and as a result, these parameters should be treated as full-year averages and will not necessarily be reflective of quarterly operating results. Capital, development and exploration expenditures for the Mineral Ridge operation in 2014 are budgeted at $11.0 million. The 2014 exploration program at Mineral Ridge is budgeted at $3.9 million and includes 18,000-24,000 metres (60,000-80,000 feet) of drilling.