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Scorpio's Deep Drilling of Nuestra Senora Deposit from 11th level Hits 2,620 g/t Ag, 3.87% Zn, 9.22% Cu, 8.63% Pb and 0.579 g/t Au over 1.3 metres with another Drill Hole Reporting 20.70 metres 253 g/t Ag, 2.42% Zn, 0.83% Cu, 1.17% Pb and 0.204 g/t Au
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NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.
Vancouver, November 2, 2007 - Scorpio Mining Corporation (TSX:SPM) is pleased to report additional underground drill results targeting the Nuestra Senora main body from the 6th, 8th , 9th and 11th Levels of its 100% owned Nuestra Senora deposit, Sinaloa State, Mexico.
Peter J. Hawley, Chairman, CEO reports, "The grades from the 11th Level (Table 4) are showing a consistent and uniform metal content with the occasional high-grade sweet spot showing grades in the 1,000 to 2,600 grams per ton silver range with no indication of silver grades or widths decreasing at depth. All known mineralization remains open in all directions. The Company continues to advance the underground development and mill construction."
Table 1. 6th Level Underground Drill Results - Nuestra Senora Body
Hole # |
From
(m) |
To
(m) |
Length
(m) |
Ag
(g/t) |
Au
(g/t) |
Cu
% |
Pb
% |
Zn
% |
NS6L-07-05 |
195.10 |
207.90 |
12.80 |
105 |
0.089 |
0.14 |
2.98 |
3.35 |
Table 2. 8th Level Underground Drill Results - Nuestra Senora Body
Hole # |
From
(m) |
To
(m) |
Length
(m) |
Ag
(g/t) |
Au
(g/t) |
Cu
% |
Pb
% |
Zn
% |
NS8L-07-58 |
4.00 |
10.00 |
6.00 |
212 |
0.190 |
0.01 |
0.59 |
0.56 |
NS8L-07-59 |
13.50 |
14.40 |
0.90 |
203 |
0.120 |
0.01 |
0.78 |
0.45 |
|
33.00 |
33.40 |
0.40 |
423 |
0.261 |
0.13 |
3.68 |
2.22 |
NS8L-07-60 |
7.70 |
8.40 |
0.70 |
179 |
0.161 |
0.15 |
0.25 |
0.03 |
NS8L-07-61 |
1.20 |
3.50 |
2.30 |
227 |
0.184 |
0.01 |
0.70 |
12.37 |
|
15.90 |
18.10 |
2.20 |
132 |
1.193 |
0.01 |
0.82 |
0.28 |
Table 3. 9th Level Underground Drill Results - Nuestra Senora Body
Hole # |
From
(m) |
To
(m) |
Length
(m) |
Ag
(g/t) |
Au
(g/t) |
Cu
% |
Pb
% |
Zn
% |
NS9L-07-87 |
92.70 |
93.00 |
0.30 |
94 |
0.334 |
1.57 |
5.55 |
16.50 |
|
116.30 |
117.80 |
1.50 |
151 |
0.383 |
0.46 |
0.34 |
0.13 |
|
125.70 |
128.70 |
3.00 |
116 |
0.152 |
0.31 |
0.66 |
0.22 |
|
135.80 |
142.10 |
6.30 |
288 |
0.213 |
1.57 |
4.95 |
8.66 |
NS9L-07-93 |
0.00 |
1.00 |
1.00 |
132 |
0.072 |
0.02 |
0.88 |
0.62 |
Table 4. 11th Level Underground Drill Results - Nuestra Senora Body
Hole # |
From
(m) |
To
(m) |
Length
(m) |
Ag
(g/t) |
Au
(g/t) |
Cu
% |
Pb
% |
Zn
% |
NSUG-07-176 |
17.40 |
19.20 |
1.80 |
1,105 |
1.470 |
3.50 |
2.68 |
4.35 |
|
24.20 |
24.65 |
0.45 |
1,757 |
0.572 |
3.35 |
3.39 |
16.43 |
|
36.20 |
37.80 |
1.60 |
128 |
0.150 |
0.14 |
0.25 |
0.63 |
|
44.50 |
48.70 |
4.20 |
308 |
0.225 |
0.33 |
0.47 |
15.36 |
|
55.70 |
61.60 |
5.90 |
157 |
0.060 |
0.54 |
2.62 |
5.05 |
|
81.30 |
84.10 |
2.80 |
92 |
0.059 |
0.17 |
0.10 |
1.57 |
|
145.10 |
145.60 |
0.50 |
129 |
0.100 |
0.85 |
0.43 |
4.98 |
|
181.70 |
186.80 |
5.10 |
290 |
0.252 |
0.70 |
1.07 |
0.83 |
|
196.80 |
200.90 |
4.10 |
331 |
0.073 |
1.95 |
1.36 |
1.51 |
NSUG-07-177 |
14.90 |
18.20 |
3.30 |
435 |
0.249 |
1.07 |
0.71 |
2.54 |
|
25.00 |
25.40 |
0.40 |
321 |
0.291 |
0.19 |
0.54 |
2.14 |
|
41.90 |
46.20 |
4.30 |
167 |
0.121 |
0.17 |
0.25 |
5.09 |
|
73.20 |
74.00 |
0.80 |
95 |
0.128 |
0.30 |
0.07 |
0.12 |
|
90.00 |
92.30 |
2.30 |
259 |
0.253 |
0.19 |
0.28 |
0.04 |
|
132.00 |
133.50 |
1.50 |
136 |
0.058 |
0.06 |
0.25 |
0.15 |
|
159.30 |
159.50 |
0.20 |
125 |
0.091 |
0.29 |
0.37 |
6.65 |
|
183.00 |
203.70 |
20.70 |
253 |
0.204 |
0.83 |
1.17 |
2.42 |
|
207.80 |
213.30 |
5.50 |
249 |
0.074 |
0.26 |
2.48 |
3.21 |
|
217.30 |
225.00 |
7.70 |
221 |
0.259 |
1.55 |
3.35 |
5.94 |
NSUG-07-178 |
18.00 |
19.50 |
1.50 |
322 |
0.250 |
0.86 |
0.11 |
0.66 |
|
25.00 |
27.00 |
2.00 |
391 |
0.295 |
0.69 |
0.77 |
3.25 |
|
49.50 |
51.00 |
1.50 |
252 |
0.130 |
0.04 |
0.32 |
1.88 |
|
133.70 |
135.00 |
1.30 |
2,620 |
0.579 |
9.22 |
8.63 |
3.87 |
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, mine development and mill construction activities and other 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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