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Scorpio's Underground Drilling of Nuestra Señora Deposit Hits 21 metres followed by 25.5 metres of Mineralization in one Hole, with another Hole Reporting 1,018 g/t Ag, 10.30% Zn, 3.28% Cu, 10.27% Pb and 0.379 g/t Au over 4.6 metres
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NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.
Vancouver, September 19, 2007 - Scorpio Mining Corporation (TSX:SPM) is pleased to report additional underground drill results targeting the Nuestra Señora main body from the 9.5 sublevel, 10th level and 10.5 sublevel of its 100% owned Nuestra Señora deposit, Sinaloa State, Mexico.
Peter J. Hawley, Chairman, CEO reports, "The exploration and definition drilling from the 9.5 to 10.5 sublevels, which includes the 10th level situated 210 metres vertically below surface, continues to demonstrate significant mineralization over mineable widths. The Company utilizes three dimensional modelling to define drill targets, and is focusing not only on the existing bodies as part of an integrated mine plan for extraction, but continues to successfully explore at depth and peripheral to the known deposits. Currently there are four underground diamond drills on the project."
Table 1. 9.5 Level Underground Drill Results - Nuestra Señora
Hole #
|
From
(m)
|
To
(m)
|
Length
(m)
|
Ag
(g/t)
|
Au
(g/t)
|
Cu
%
|
Pb
%
|
Zn
%
|
NSUG-07-131A |
125.60 |
128.10 |
2.50 |
146 |
0.101 |
0.61 |
0.34 |
2.03 |
|
138.60 |
141.60 |
3.00 |
318 |
0.277 |
0.39 |
0.77 |
1.32 |
|
144.10 |
148.70 |
4.60 |
1,018 |
0.379 |
3.28 |
10.27 |
10.30 |
NSUG-07-138 |
150.00 |
151.50 |
1.50 |
92 |
0.088 |
0.55 |
0.29 |
3.63 |
NSUG-07-139 |
85.50 |
87.00 |
1.50 |
100 |
0.101 |
0.29 |
0.17 |
1.04 |
NSUG-07-140 |
145.50 |
150.00 |
4.50 |
125 |
0.054 |
0.61 |
0.34 |
1.25 |
NSUG-07-142 |
53.10 |
54.30 |
1.20 |
219 |
0.107 |
0.51 |
2.05 |
2.46 |
Table 2. 10th Level Underground Drill Results - Nuestra Señora
Hole #
|
From
(m)
|
To
(m)
|
Length
(m)
|
Ag
(g/t)
|
Au
(g/t)
|
Cu
%
|
Pb
%
|
Zn
%
|
NS10L-07-114 |
16.40 |
19.30 |
2.90 |
118 |
0.043 |
0.54 |
5.58 |
7.52 |
NS10L-07-115 |
61.50 |
82.50 |
21.00 |
183 |
0.063 |
0.60 |
0.36 |
1.15 |
|
106.50 |
132.00 |
25.50 |
244 |
0.139 |
0.74 |
0.46 |
1.07 |
NS10L-07-116 |
40.50 |
45.00 |
4.50 |
160 |
0.067 |
0.60 |
0.43 |
3.35 |
|
81.00 |
82.50 |
1.50 |
209 |
0.105 |
0.11 |
0.65 |
1.96 |
NS10L-07-126 |
87.20 |
90.80 |
3.60 |
96 |
0.102 |
0.49 |
2.47 |
2.97 |
NS10L-07-134 |
26.50 |
27.40 |
0.90 |
253 |
0.057 |
0.01 |
0.45 |
0.43 |
Table 3. 10.5 Level Underground Drill Results - Nuestra Señora
Hole #
|
From
(m)
|
To
(m)
|
Length
(m)
|
Ag
(g/t)
|
Au
(g/t)
|
Cu
%
|
Pb
%
|
Zn
%
|
NSUG-07-146 |
112.40 |
113.50 |
1.10 |
172 |
0.227 |
3.82 |
0.16 |
0.11 |
NSUG-07-147 |
122.30 |
123.90 |
1.60 |
148 |
0.098 |
0.04 |
0.16 |
0.18 |
|
169.80 |
173.30 |
3.50 |
140 |
0.113 |
0.44 |
0.46 |
1.16 |
NSUG-07-165 |
130.50 |
132.00 |
1.50 |
397 |
0.173 |
0.67 |
1.48 |
2.28 |
|
153.00 |
154.50 |
1.50 |
193 |
0.111 |
0.11 |
0.31 |
0.07 |
|
165.50 |
166.50 |
1.00 |
172 |
0.047 |
0.08 |
0.28 |
0.10 |
NSUG-07-166 |
19.50 |
21.50 |
2.00 |
262 |
0.053 |
0.10 |
2.74 |
2.57 |
|
186.30 |
197.80 |
11.50 |
207 |
0.061 |
0.68 |
0.50 |
1.47 |
|
202.40 |
214.20 |
11.80 |
130 |
0.145 |
0.24 |
0.68 |
1.23 |
NSUG-07-169 |
160.10 |
163.40 |
3.30 |
123 |
0.069 |
0.40 |
0.38 |
0.35 |
|
177.10 |
181.90 |
4.80 |
141 |
0.121 |
0.56 |
0.43 |
4.01 |
NSUG-07-170 |
139.60 |
140.80 |
1.20 |
233 |
0.158 |
0.97 |
0.39 |
1.58 |
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 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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