Scorpio Gold Intersects 3.65 g/t Gold Over 10.67 Metres at Mineral Ridge

Scorpio Gold Corp. (OTC Other: SRCRF; TSX-V: SGN) has released assay results from the Mary Zone, which is Southwest of the current mining inthe Drinkwater Pit at the Company’s 70% owned Mineral Ridge property.  Highlights from the drill program include: (i) 3.65 g/t gold over 10.67 metres; (ii) 13.06 g/t gold over 4.57 metres; and (iii) 3.59 g/t gold over 10.67 metres.

According to Peter Hawley, President & CEO of Scorpio Gold, “In November 2011, the Company commenced pre-stripping of the Mary Zone in preparation for commencing open pit mining. The Mary Zone is located immediately southwest of the Drinkwater Pit where mining is currently in progress. A 58 hole drill program to define the extent of mineralization for final pit design is underway. Results to date have increased the width of the Mary Zone and also confirm that gold mineralization extends southwest from the Mary Zone to the adjacent Mary LC Zone, encompassing a strike length of 780 metres. Mining of the Mary Zone is expected to commence later in January 2012, adding to current production from the Drinkwater Pit and increasing the overall production at Mineral Ridge.”

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