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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (32762)	2/13/2007 9:58:28 AM
From: LoneClone	Read Replies (1) \| Respond to of 78421

Scorpio Hits 1.8 metres of 864.44 g/t Ag, 11.94% Zn, 1.96% Cu, 6.14% Pb and 2.09 g/t Au within 19.5 metres grading 216.44 g/t Ag, 5.83% Zn, 0.87% Cu, 3.17% Pb and 0.33 g/t Au Tuesday February 13, 8:00 am ET ca.us.biz.yahoo.com TSX:SPM VANCOUVER, Feb. 13 /CNW/ - Scorpio Mining Corporation (TSX:SPM - News) is pleased to report additional results of underground drilling from the 8th Level of the Nuestra Senora Silver-Zinc Project. Peter J. Hawley, Chairman, CEO reports, "These definition drilling results continue to improve and add to the existing resources announced in January 2007. The robust nature of the deposit, as typified by the results in Table 1, bodes well for upgrading of the resource categories and the overall potential mine life. In addition, the presence of high-grade cores within broader widths of mineralization provides an opportunity for variable extraction techniques, something that could be highly beneficial with varying metal prices. The impact this will have on overall project economics will be addressed in the pre-feasibility study currently underway." Table 1 - 8th Level Drill Results ------------------------------------------------------------------------- Hole No. From To Length Ag Au Cu Pb Zn (m) (m) (m) (g/t) (g/t) % % % ------------------------------------------------------------------------- NS8L-06-34 1.10 2.40 1.30 115.00 0.06 0.86 4.38 13.95 ------------------------------------------------------------------------- 7.90 27.40 19.50 216.44 0.33 0.87 3.17 5.83 ------------------------------------------------------------------------- Including 12.35 15.50 3.15 282.13 0.25 1.73 4.34 10.11 ------------------------------------------------------------------------- Including 17.50 19.50 2.00 418.50 0.39 1.76 11.15 20.25 ------------------------------------------------------------------------- Including 25.60 27.40 1.80 864.44 2.09 1.96 6.14 11.94 ------------------------------------------------------------------------- 97.00 99.00 2.00 55.45 0.41 0.07 1.03 2.04 ------------------------------------------------------------------------- 102.00 102.70 0.70 175.00 0.12 0.17 5.52 12.06 ------------------------------------------------------------------------- 124.30 125.30 1.00 112.00 2.91 0.05 0.17 2.28 ------------------------------------------------------------------------- NS8L-06-35 4.70 5.90 1.20 162.00 0.36 1.01 0.74 1.00 ------------------------------------------------------------------------- 9.00 10.00 1.00 214.00 0.10 0.49 0.06 0.86 ------------------------------------------------------------------------- 13.00 25.10 12.10 151.49 0.27 0.89 1.86 1.28 ------------------------------------------------------------------------- Including 14.20 15.30 1.10 549.00 0.33 3.03 6.93 3.61 ------------------------------------------------------------------------- Including 23.70 25.10 1.40 311.00 0.98 1.20 6.46 1.75 ------------------------------------------------------------------------- 96.70 98.95 2.25 33.58 0.12 0.02 0.47 6.63 ------------------------------------------------------------------------- Including 97.40 97.95 0.55 45.00 0.09 0.01 0.55 14.45 ------------------------------------------------------------------------- 103.10 106.85 3.75 34.69 0.08 0.01 0.29 5.72 ------------------------------------------------------------------------- Including 105.55 106.85 1.30 19.00 0.09 0.01 0.22 10.55 ------------------------------------------------------------------------- 112.10 124.00 11.90 75.76 0.17 0.04 0.59 6.15 ------------------------------------------------------------------------- Including 120.60 123.10 2.50 247.24 0.37 0.06 1.48 13.58 ------------------------------------------------------------------------- NS8L-06-36 0.00 4.90 4.90 48.82 0.03 0.28 0.82 1.99 ------------------------------------------------------------------------- Including 2.10 3.00 0.90 131.00 0.02 0.27 3.85 5.19 ------------------------------------------------------------------------- 9.20 9.65 0.45 185.00 0.29 1.68 2.23 1.19 ------------------------------------------------------------------------- 15.90 20.10 4.20 89.90 0.11 0.54 1.29 2.37 ------------------------------------------------------------------------- Including 19.10 20.10 1.00 86.00 0.08 0.40 3.88 5.75 ------------------------------------------------------------------------- 24.50 25.00 0.50 116.00 0.02 1.75 4.44 9.82 ------------------------------------------------------------------------- 91.60 105.30 13.70 181.06 0.18 0.17 1.03 6.21 ------------------------------------------------------------------------- Including 91.60 92.80 1.20 1,380.00 0.82 1.73 4.71 0.86 ------------------------------------------------------------------------- 99.40 103.40 4.00 82.75 0.10 0.01 0.68 11.36 ------------------------------------------------------------------------- Drill hole 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