Scorpio Gold Promotes Chris Zerga as President
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Peter J. Hawley has resigned as president of Scorpio Gold Corporation effective immediately, for personal reasons. Hawley has indicated that he will also retire from the position of CEO of the company on October 31, 2016, or at such time as a replacement is found. He intends to remain as chairman and a director of the company.
The company has promoted Chris Zerga to the position of president effective immediately. Zerga has been with Scorpio Gold since its inception in 2009 and has been the general manager for the company’s Mineral Ridge and Goldwedge projects. Zerga not only has familiarity with all aspects of the company’s operations but brings more than 29 years of mining operations and management experience in Nevada with Freeport McMoran, Anglo Gold, Minorco, Newmont and Queenstake.
“I would like to thank Peter and the board of directors for this opportunity and look forward to the associated challenges of the position. I have been the beneficiary of working closely with Peter since the company’s inception and will strive to make this a seamless transition,” said Zerga.
“I look forward to working with Chris in his new leadership position. I credit him and his team’s hard work over the difficult period of low metal prices, allowing me to step away and leave the company in very capable hands, in a stable financial position and poised for growth,” said Hawley.
An independent search committee has been established to evaluate potential candidates for the position of CEO.
About Scorpio Gold
Scorpio Gold holds a 70 percent interest in the Mineral Ridge gold mining operation located in Esmeralda County, Nevada with joint venture partner Elevon, LLC (30 percent). Mineral Ridge is currently in production as a conventional open pit mining and heap leach operation. The Mineral Ridge property is host to multiple gold-bearing structures, veins and lenses at exploration, development and production stages. Scorpio Gold also holds a 100 percent interest in the advanced exploration-stage Goldwedge property in Manhattan, Nevada, with a fully permitted underground mine and 400 ton per day mill facility. The Goldwedge mill facility has been placed on a care and maintenance basis and can be restarted immediately when needed.
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