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Scorpio's Construction of a 33-Kv Line to Connect the Comederos Hydro Electric Dam to the Nuestra Señora Mine Site is Well Underway
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NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.
Vancouver, April 10th, 2007 - Scorpio Mining Corporation (TSX:SPM) is pleased to report that the construction of the high tension line that will supply electricity to the Nuestra Señora Silver - Zinc Project is well advanced.
Peter J. Hawley, Chairman, CEO reports, "Approval for the construction of a 33,000-volt electrical line connecting the Nuestra Señora Project with the Comedero Hydro Electric Dam, situated 26 kilometres west of Cosalá, was granted by the Mexican Comisión Federal de Electricidad in early March. The first pole was erected immediately following the signing of the agreement, and by the end of the month, 50% of the 400 poles had been erected and the first kilometre of transmission line installed. Completion of the 34-kilometre line is expected by the end of July 2007. The line will also supply several communities located in the project area with electricity. The speed and efficiency with which this agreement was negotiated and construction commenced is owing to the excellent cooperation the Company received from the Municipality of Cosalá, the State of Sinaloa and federal agencies."
Further information on the Company and the Nuestra Señora 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 Señora project. Mr. Scammell is responsible for the current exploration and development program and has reviewed the content of this release.
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. |
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