The Coyote target is one of three priority drill exploration targets outlined by the company.
Scorpio Gold is the joint venture partner of US-based mining firm Golden Phoenix Minerals, which currently maintains a 30% interest in the Mineral Ridge gold project.
To date, exploration in the Coyote target area has outlined a one-kilometer long, north-northeast trending structural corridor that ranges from 200m in width in the south to 300m in the north and is open in all directions.
