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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: John McCarthy	8/9/2006 9:47:02 AM
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Scorpio's Continued Drilling of the Hoag Zone Discovery includes 37.10 metres grading 83.70 g/t Silver, 3.15% Zinc, 0.22% Copper, 2.10% Lead and 0.04 g/t Gold Wednesday August 9, 9:01 am ET TSXV:SPM VANCOUVER, Aug. 9 /CNW/ - Scorpio Mining Corporation (TSXV:SPM) is pleased to report additional assay results from drilling of the exciting new Hoag Zone discovery situated adjacent to the main Nuestra Senora deposit. These 8 holes of 15 reported to date continue to outline a broad mineralized zone that ranges up to an estimated 40 metres in width. The mineralization is proximal to the Hoag Fault, a significant structural feature on the property that provided a conduit for mineralizing fluids and acted as a structural trap for localizing mineralization. A total of 30 holes have now been drilled on the Hoag Zone, all of which have been successful at intersecting significant mineralization. The continued success of expanding the size of the zone as well as its close proximity to the main underground workings provides excellent upside potential for the overall Nuestra Senora project. Assays will continue to be released as available. TABLE biz.yahoo.com

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