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Scorpio's Drilling of Nuestra Señora 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
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NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.
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 Señora Silver - Zinc Project on the main Nuestra Señora body.
Drilling continues on the Hoag, Sept 9 and Main Nuestra Señora 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 Señora 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 Señora 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 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. All technical information for the Nuestra Señora 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. |
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