News
Releases - Monday, March 26, 2007
Title: Scorpio's Drilling of Nuestra Senora
Zone Hits 11 Mineralized Intercepts in one Hole, including an Impressive 2,490
g/t Ag, 32.7% Zn, 5.7% Cu, 13.9% Pb and 0.49 g/t Au over 1.3 m within 884.4 g/t Ag,
11.4% Zn, 3.48% Cu, 4.5% Pb and 0.23 g/t Au over 4.8 m
Vancouver,
March 26, 2007 - Scorpio Mining Corporation (TSX:SPM) is pleased to report
initial results of drilling from the 9th Level of the Nuestra Se�ora
Silver-Zinc deposit, targeting the main Nuestra Se�ora body.
Peter J. Hawley, Chairman, CEO reports, "NS9L-06-15 was drilled from the
9th Level and targeted extensions of the multiple mineralized zones intersected
in NS8L-06-47, drilled from the 8th Level, 30 metres vertically
above (see March 19, 2007 news release). The impressive results continue to demonstrate
the robust nature of the mineralizing system within the Nuestra Se�ora deposit,
and will certainly have a positive impact on the resource grade and tonnage. Currently
there are three underground drills working on the 9th and 10th Levels, and surface
drilling has commenced on nearby targets identified by our exploration
team."
Table 1 - 9th Level Drill Results - Nuestra
Senora Zone
Hole #
|
From
(m)
|
To
(m)
|
Length
(m)
|
Ag
(g/t)
|
Au
(g/t)
|
Cu
%
|
Pb
%
|
Zn
%
|
NS9L-06-15
|
11.40
|
12.40
|
1.00
|
45.60
|
0.06
|
0.23
|
1.68
|
1.47
|
|
28.00
|
29.00
|
1.00
|
29.00
|
0.13
|
0.11
|
0.54
|
3.96
|
|
32.60
|
33.80
|
1.20
|
190.00
|
0.06
|
0.32
|
0.36
|
1.91
|
|
35.90
|
41.30
|
5.40
|
226.89
|
0.13
|
0.85
|
0.47
|
4.43
|
|
48.80
|
49.80
|
1.00
|
108.00
|
0.06
|
0.30
|
0.49
|
0.37
|
|
55.60
|
58.10
|
2.50
|
87.24
|
0.02
|
0.38
|
0.41
|
1.39
|
|
60.80
|
62.80
|
2.00
|
122.55
|
0.10
|
0.65
|
0.43
|
0.99
|
|
75.50
|
76.70
|
1.20
|
136.00
|
0.04
|
0.31
|
0.57
|
1.89
|
|
80.30
|
82.30
|
2.00
|
324.95
|
0.14
|
1.81
|
2.15
|
10.00
|
Including
|
81.40
|
82.30
|
0.90
|
683.00
|
0.25
|
3.78
|
4.61
|
20.20
|
|
87.80
|
90.00
|
2.20
|
137.27
|
0.07
|
0.98
|
0.34
|
4.38
|
Including
|
89.00
|
90.00
|
1.00
|
140.00
|
0.09
|
1.53
|
0.45
|
8.80
|
|
98.70
|
103.50
|
4.80
|
884.42
|
0.23
|
3.48
|
4.50
|
11.44
|
Including
|
100.30
|
101.60
|
1.30
|
2,490.00
|
0.49
|
5.77
|
13.95
|
32.70
|
NS9L-06-16
|
26.10
|
27.00
|
0.90
|
124.00
|
0.10
|
0.86
|
1.12
|
4.41
|
|
35.80
|
38.00
|
2.20
|
150.00
|
0.03
|
0.40
|
0.55
|
0.66
|
NS9L-06-17
|
7.70
|
9.90
|
2.20
|
75.50
|
0.03
|
0.34
|
1.84
|
3.37
|
|
11.60
|
12.80
|
1.20
|
81.00
|
0.02
|
0.17
|
3.31
|
3.97
|
|
17.70
|
19.80
|
2.10
|
162.52
|
0.10
|
0.35
|
5.20
|
12.18
|
|
25.70
|
28.30
|
2.60
|
129.50
|
0.04
|
0.31
|
0.41
|
0.43
|
|
33.80
|
38.90
|
6.10
|
97.62
|
0.06
|
0.23
|
0.22
|
0.80
|
NS9L-06-18
|
13.70
|
15.80
|
2.10
|
85.67
|
0.03
|
0.25
|
2.37
|
5.21
|
NS9L-06-19
|
41.30
|
45.40
|
4.10
|
131.41
|
0.15
|
0.67
|
1.68
|
5.37
|
Including
|
43.40
|
45.40
|
2.00
|
191.50
|
0.20
|
1.26
|
2.04
|
10.59
|
NS9L-06-20
|
40.50
|
44.10
|
3.60
|
186.89
|
0.11
|
1.06
|
1.86
|
4.60
|
|
42.60
|
43.20
|
0.60
|
322.00
|
0.17
|
2.19
|
3.65
|
7.92
|
Drillhole data in the table reflects down hole core lengths and actual (uncut)
grades. True widths cannot be reliably estimated at this time. Further
information on the Company and the Nuestra Se�ora project is available on the
Scorpio Mining web site at: www.scorpiomining.com.
President, Mr. D. Roger Scammell, PGeo, is the Company's Qualified Person for
the Nuestra Se�ora project. Mr. Scammell is responsible for the current
exploration and development program and has reviewed the content of this release.
All technical information for the Nuestra Se�ora property is obtained and
reported under a formal quality assurance and quality control (QA/QC) program. Samples
are shipped to the ALS Chemex preparation laboratory in Hermosillo, Mexico for
drying, crushing and pulverizing. ALS Chemex, Hermosillo then sends the pulps
by air-freight to ALS Chemex, Vancouver for assaying. Systematic assaying of
standards and blanks are performed for the precision and accuracy; check assays
are regularly conducted by SGS Lakefield Research. Details of the QA/QC program
are available on the Company's website.
ON BEHALF OF SCORPIO MINING CORPORATION
Peter J. Hawley
Chairman & CEO
For further information contact:
Glenn Little, Jackson Little Holdings Ltd: 604-930-4375; 1-888-930-4375
Email: jlconsulting@telus.net
Rich Kaiser, YES International: 1-800-631-8127; 001-757-306-6090 (outside North
America)
Email: yes@yesinternational.com
This news release includes certain statements that may be deemed
"forward-looking statements". All statements in this news release,
other than statements of historical facts, that address future exploration
drilling, exploration activities and events or developments that the Company
expects, are forward looking statements. Although the Company believes the
expectations expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of future
performance and actual results or developments may differ materially from those
in forward-looking statements. Factors that could cause actual results to
differ materially from those in forward-looking statements include metal
prices, exploration success, continued availability of capital and financing,
and general economic, market or business conditions.
Copyright � 2007 SCORPIO
MINING CORPORATION (SPM) All rights reserved. For more information visit our
website at http://www.scorpiomining.com/ or send email to scorpio@scorpiomining.com ..
Message sent on Fri Mar 23, 2007 at 1:22:29 PM Pacific Time