Scorpio Gold Intersects 12.2 Metres of 3.99 g/t Gold and 7.62 Metres of 3.71 g/t Gold on Mary Zone at Mineral Ridge

Scorpio Gold Corp. (OTC Other: SRCRF; TSX-V: SGN) continues to expand the width of the Mary Zone and further confirm that gold mineralization extends southwest from the Mary Zone to the adjacent Mary LC Zone, encompassing a strike length of 780 metres. Commencement of open pit mining at the Mary Zone is on schedule for later in January 2012, adding to current production from the Drinkwater Pit and increasing the overall production at Mineral Ridge.

Highlights from the most recent assay results include the following:

  • In drill hole MR11317, 3.99 g/t gold across 12.2 metres and 3.71 g/t across 7.62 metres;
  • In drill hole MR11313, 2.78 g/t gold across 7.62 metres;
  • In drill hole MR11310, 3.11 g/t gold across 7.62 metres; and
  • In drill hole MR11303, 21.53 g/t gold across 1.52 metres.

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