News Releases - Monday, April 23, 2007
Scorpio's Drilling of Nuestra Se�ora Main
Zone Reports 4.4 metres
grading 636 g/t Ag, 11.55% Zn, 5.50% Cu, 7.18% Pb, 0.094 g/t Au and 821 g/t Ag,
21.36% Zn, 7.24% Cu, 4.72% Pb, 0.525 g/t Au over 2.2 metres
Vancouver,
April 23, 2007 - Scorpio Mining Corporation (TSX:SPM) is pleased to report
additional drill results from 2007 underground drilling from the 9th Level of
the Nuestra Se�ora Silver - Zinc Project on the main Nuestra Se�ora body.
Drilling continues on the Hoag, Sept 9 and Main Nuestra Se�ora zones from the
8th, 9th and 10th level cross-cuts and main ramp drill stations.
Peter J. Hawley, Chairman, CEO reports, "The strong metal values and wide
widths continue to drive the project forward. As reported today and once again
as demonstrated by our previous releases, the robust nature of the mineralizing
system within the Nuestra Se�ora deposit will certainly have a positive impact
on the resource grade and tonnage. The project continues to advance at a rapid
rate with projected underground development timelines being exceeded. A
preliminary geomechanical rock mechanics report indicates that the ground
conditions permit stope sizes up to 25 metres wide by 30 metres in length by 60 metres in height
without ground support. This study bodes well for the bulk mining scenarios
presently being considered by the company."
Table 1. 9th Level
Drill Results - Nuestra Se�ora Zone
|
Hole
#
|
From
(m)
|
To
(m)
|
Length
(m)
|
Ag
(g/t)
|
Au
(g/t)
|
Cu
%
|
Pb
%
|
Zn
%
|
|
NS9L-07-21
|
34.50
|
39.15
|
4.65
|
128.00
|
0.051
|
0.18
|
0.56
|
1.20
|
|
NS9L-07-22
|
28.20
|
43.50
|
15.30
|
163.00
|
0.102
|
0.36
|
0.18
|
1.25
|
|
NS9L-07-23
|
32.20
|
39.40
|
7.20
|
124.00
|
0.045
|
0.39
|
0.32
|
0.37
|
|
NS9L-07-30
|
55.50
|
59.70
|
4.20
|
97.00
|
0.047
|
0.42
|
0.44
|
1.48
|
|
NS9L-07-31
|
11.90
|
19.50
|
7.60
|
103.00
|
0.137
|
0.34
|
1.75
|
2.17
|
|
NS9L-07-32
|
8.90
|
21.00
|
12.10
|
103.00
|
0.167
|
0.15
|
1.37
|
2.96
|
|
NS9L-07-33
|
13.20
|
22.30
|
9.10
|
113.00
|
0.133
|
0.22
|
0.89
|
1.41
|
|
NS9L-07-54
|
24.40
|
26.90
|
2.50
|
134.00
|
0.110
|
0.00
|
0.46
|
1.27
|
|
NS9L-07-56
|
27.40
|
39.00
|
11.60
|
99.00
|
0.081
|
0.53
|
0.39
|
1.01
|
|
NS9L-07-57
|
7.70
|
12.60
|
4.90
|
141.00
|
0.093
|
0.02
|
0.57
|
0.42
|
|
|
30.10
|
32.50
|
2.40
|
237.00
|
0.079
|
0.77
|
0.82
|
4.76
|
|
NS9L-07-58
|
62.40
|
63.50
|
1.10
|
473.00
|
0.277
|
0.01
|
0.73
|
0.02
|
|
|
69.30
|
75.80
|
6.50
|
187.00
|
0.116
|
1.38
|
5.02
|
9.85
|
|
NS9L-07-59
|
70.20
|
74.30
|
4.10
|
108.00
|
0.169
|
1.23
|
2.69
|
5.91
|
|
|
106.80
|
111.20
|
4.40
|
636.00
|
0.094
|
5.50
|
7.18
|
11.55
|
|
NS9L-07-60
|
82.90
|
85.10
|
2.20
|
821.00
|
0.525
|
7.24
|
4.72
|
21.36
|
|
|
92.40
|
96.10
|
3.70
|
271.00
|
0.285
|
1.35
|
1.54
|
4.08
|
|
NS9L-07-61
|
31.00
|
38.00
|
7.00
|
212.00
|
0.090
|
0.82
|
0.98
|
1.56
|
|
NS9L-07-63
|
10.15
|
15.00
|
4.85
|
155.00
|
0.068
|
0.66
|
1.22
|
2.48
|
|
NS9L-07-64
|
106.50
|
108.00
|
1.50
|
94.00
|
0.17
|
0.64
|
0.36
|
1.49
|
|
|
126.00
|
127.50
|
1.50
|
246.00
|
0.126
|
0.04
|
0.68
|
0.10
|
|
NS9L-07-65
|
12.45
|
16.20
|
3.75
|
219.00
|
0.145
|
0.44
|
3.77
|
4.34
|
|
|
104.00
|
109.60
|
5.60
|
341.00
|
0.083
|
2.96
|
1.44
|
4.41
|
|
NS9L-07-66
|
9.00
|
10.40
|
1.40
|
104.00
|
0.256
|
1.15
|
2.39
|
6.49
|
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 Apr
20, 2007 at 11:31:11 AM Pacific Time
