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

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From: LoneClone4/17/2007 9:37:11 AM
   of 78418
 
Nuestra Senora Drilling Reports 13.80 metres grading 168.22 g/t Ag, 4.34% Zn, 0.65% Cu, 1.52% Pb and 0.07 g/t Au and adds Fifth Drill to the Project
Tuesday April 17, 8:00 am ET

biz.yahoo.com

TSX:SPM
VANCOUVER, April 17 /CNW/ - Scorpio Mining Corporation (TSX:SPM - News) is pleased to report additional drill results from the 9th Level of the Nuestra Senora Silver-Zinc deposit, targeting the main Nuestra Senora body.

Scorpio currently has three underground drills operating, two dedicated to infill drilling to upgrade the resource categories and one for exploration. A fourth drill, on surface, is targeting the Santa Teresa and Santa Domingo areas. It has completed two drill fences approximately 250 metres to the northeast of the Nuestra Senora portal entrance. Results will be made public once assays are received. A second surface drill will be on site next week to commence a regional program to the east of Santa Teresa, targeting prospective areas delineated by the geological mapping program.

Table 1 - Drill Results - Nuestra Senora Zone

-------------------------------------------------------------------------
Hole No. From To Length Ag Au Cu Pb Zn
(m) (m) (m) (g/t) (g/t) % % %
-------------------------------------------------------------------------
NS9L-06-01 73.50 81.00 7.50 58.20 0.09 0.06 1.04 2.37
-------------------------------------------------------------------------
NS9L-06-02 75.00 82.60 7.60 112.97 0.14 0.02 2.26 1.98
-------------------------------------------------------------------------
Including 80.00 82.60 2.60 239.46 0.32 0.03 5.07 4.24
-------------------------------------------------------------------------
Including 81.00 82.00 1.00 502.00 0.53 0.05 10.55 7.92
-------------------------------------------------------------------------
NS9L-06-05 39.90 58.50 18.60 128.99 0.05 0.52 1.20 3.37
-------------------------------------------------------------------------
Including 43.70 57.50 13.80 168.22 0.07 0.65 1.52 4.34
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Including 43.70 44.50 0.80 287.00 0.14 2.67 3.86 12.80
-------------------------------------------------------------------------
Including 53.50 57.50 4.00 417.93 0.13 1.39 2.28 7.67
-------------------------------------------------------------------------
63.60 69.50 5.90 165.75 0.16 0.69 1.50 3.54
-------------------------------------------------------------------------
72.70 79.40 6.70 180.40 0.09 0.59 2.09 4.08
-------------------------------------------------------------------------
86.70 87.70 1.00 75.00 0.04 0.26 0.15 1.62
-------------------------------------------------------------------------
NS9L-06-06 4.50 6.00 1.50 67.00 0.11 0.78 0.58 4.90
-------------------------------------------------------------------------
91.50 93.00 1.50 133.00 0.13 0.00 0.61 0.02
-------------------------------------------------------------------------
NS9L-06-07 33.10 51.60 18.50 56.66 0.06 0.21 0.75 2.07
-------------------------------------------------------------------------
Including 47.80 51.60 3.80 136.55 0.09 0.59 0.77 4.00
-------------------------------------------------------------------------
55.50 74.20 18.70 136.84 0.08 0.51 0.86 2.14
-------------------------------------------------------------------------
59.40 74.20 14.80 163.32 0.09 0.63 1.07 2.56
-------------------------------------------------------------------------
Including 60.40 62.00 1.60 315.00 0.16 1.05 1.54 3.88
-------------------------------------------------------------------------
Including 70.00 73.00 3.00 341.33 0.14 1.01 2.63 4.53
-------------------------------------------------------------------------
78.70 80.10 1.40 57.00 0.01 0.39 0.07 0.20
-------------------------------------------------------------------------
111.30 112.70 1.40 197.00 0.04 0.02 0.58 0.25
-------------------------------------------------------------------------
NSUG-06-124 49.00 52.00 3.00 224.00 0.14 0.40 2.16 3.16
-------------------------------------------------------------------------
127.50 131.30 3.80 143.47 0.16 0.46 0.23 0.12
-------------------------------------------------------------------------
Including 130.00 131.30 1.30 274.00 0.16 0.90 0.42 0.15
-------------------------------------------------------------------------
NSUG-06-125 31.30 34.90 3.60 65.50 0.02 0.18 1.60 3.48
-------------------------------------------------------------------------
48.50 57.40 8.90 109.57 0.06 0.33 2.18 3.64
-------------------------------------------------------------------------
NSUG-06-126 50.60 52.30 1.70 168.35 0.06 0.51 1.67 3.43
-------------------------------------------------------------------------
132.10 134.50 2.40 163.00 0.09 0.47 0.30 0.20
-------------------------------------------------------------------------
NSUG-06-127 46.50 57.60 11.10 103.10 0.06 0.33 2.61 4.78
-------------------------------------------------------------------------
Including 46.50 56.40 9.90 113.05 0.06 0.36 2.89 5.26
-------------------------------------------------------------------------
Including 48.10 50.60 2.50 234.48 0.11 0.84 7.39 13.08
-------------------------------------------------------------------------
117.50 118.80 1.30 123.00 0.08 0.13 0.29 0.25
-------------------------------------------------------------------------
NSUG-06-130 143.30 148.20 4.90 96.76 0.05 0.68 0.76 2.43
-------------------------------------------------------------------------
Including 145.70 148.20 2.50 152.68 0.06 1.06 1.23 3.31
-------------------------------------------------------------------------


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 Senora 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 Senora 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 Senora 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

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.

For further information

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

Source: Scorpio Mining Corporation
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