Scorpio Mining Announces 2013 Exploration Program

VANCOUVER, April 4, 2013 /CNW/ - Scorpio Mining Corporation (TSX: SPM) 
("Scorpio Mining" or the "Company") announces its planned 2013 exploration 
program, which will concentrate on developing new resources within and around 
the Nuestra Señora Mine and explore for new resources within its 100% owned 
26,819 hectare land package in the Cosalá District, Sinaloa, Mexico. 
The Company has planned 11,500 meters of both surface and underground drilling 
at the Nuestra Señora Mine to investigate new areas and to further define and 
upgrade areas with currently defined "inferred resources". Drilling is active 
in the main Nuestra Señora zone below the 12(th) level. Down-hole geophysics 
is being contemplated to further refine targeting in this important area of 
A 5,000 meter surface drilling program has also commenced to test the Venado, 
Los Cristos, and San Ramon targets, where significant 
silver-lead-zinc+/-copper mineralization has been identified in either 
outcrop, drill core or historical workings. Located within 3 to 16 kilometers 
of the Nuestra Señora processing facility, these high priority targets, could 
potentially lead to building the resource base and enter the growth pipeline 
of development projects. A location map is available at: 
The Company has engaged Terraquest Ltd. of Markham, Ontario to complete a 
1,150 line kilometer heli-borne magnetic, radiometric and EM-VLF survey that 
will cover a significant area centered on the San Rafael and El Cajón 
development projects. This will be the first geophysical survey ever conducted 
in the area, with the intent to characterize the numerous existing targets and 
potentially identify new targets based on geophysical signatures. Detailed 
mapping and geochemical sampling of select areas within and around this grid 
is also underway. 
The Company has also commissioned an ASTER alteration study using new 
satellite imagery to identify mineralogical alteration zones related to 
structures throughout the entire concession area. The current understanding of 
controls to mineralization in the district is that structural features such as 
fault zones and related dilational zones provided the main conduit for 
mineralizing fluids as well as structural traps for the emplacement of 
mineralization. The information gained from the ASTER survey in conjunction 
with other surveys will greatly enhance geological interpretation and drill 
The planned 2013 exploration program is budgeted at $5.2 million. Follow-up 
programs will be planned based on success of the drilling and results from the 
numerous surveys underway. 
Peter J. Hawley, Scorpio's Interim President & CEO comments, "Our goal this 
year is to step out and delineate new targets in the district using advanced 
remote sensing technology and detailed ground studies, and apply the 
information gained to identify high priority targets that could potentially 
add to the overall resource base in the near term. This holistic approach has 
never been applied to the Cosalá District, where all known showings and 
deposits to date were discovered by surface prospecting. Our mandate is to put 
projects into the development pipeline, and to do so we will employ all 
information gathered to focus on those targets having the most solid technical 
attributes and best potential for advance." 
About Us 
Scorpio Mining Corporation is asilver producer operating in Mexico with 
significant base metal by-product credits. The 100% owned Nuestra Señora Mine 
in the Cosalá District of Sinaloa State, Mexico, has flexible mining methods 
and diversified metal production. It has a fully mechanized underground 
operation and a processing facility with permitted capacity for expansion to 
4,000 tonnes per day. The plant produces zinc, copper and lead concentrates, 
with a significant payable silver component in the copper and lead 
concentrates. In addition, the Company has numerous exploration targets in the 
vicinity of its current operations and has recently updated its NI 43-101 
compliant mineral resource estimates for the San Rafael and El Cajón 
development projects. The El Cajón deposit is scheduled for mine development 
upon receipt of permitting. Scorpio Mining also holds a 100% interest in the 
advanced, high-grade La Revancha silver project and the Tepozán silver-gold 
project, both located in the productive Parral District within the respective 
states of Chihuahua and Durango, Mexico. The Company's strategy for near-term 
growth is currently focused on developing the El Cajón deposit for production. 
Scorpio Mining's Interim President & CEO, Peter J. Hawley P. Geo., is a 
Qualified Person for the Company's Mexico projects and has reviewed and 
approved the content of this release. 
Peter J. Hawley
Interim President & CEO 
This news release includes certain statements that may be deemed 
"forward-looking statements" within the meaning of the United States Private 
Securities Litigation Reform Act of 1995 and applicable Canadian securities 
legislation. Forward-looking statements include, but are not limited to, 
statements with respect to the Company's operations, exploration and 
development plans, expansion plans, estimates, expectations, forecasts, 
objectives, predictions and projections of the future. Generally, these 
forward-looking statements can be identified by the forward-looking 
terminology such as "plans", "expects" or "does not expect", "is expected", 
"budget", "scheduled", "estimates", "projects", "intends", "anticipates", or 
"does not anticipate", or "believes", or "variations of such words and phrases 
or state that certain actions, events or results "may", "can", "could", 
"would", "might", or "will" be taken", "occur" or "be achieved". 
Forward-looking statements are subject to known and unknown risks, 
uncertainties and other factors that may cause the actual results, level of 
activity, performance or achievements of Scorpio Mining Corporation to be 
materially different from those expressed or implied by such forward-looking 
statements, including but not limited to: risks related to the exploration and 
development and operation of the Company's projects in Mexico, risks related 
to international operations, construction delays and cost overruns, the actual 
results of current exploration, development and construction activities, 
conclusions of economic evaluations, changes in project parameters as plans 
continue to be refined, future prices of silver, zinc, copper, lead and gold, 
risks relating to completing acquisition transactions as well as those factors 
discussed in the sections relating to risk factors of our business filed in 
Scorpio Mining Corporation's required securities filings on SEDAR, including 
its Annual Information Form dated March 26, 2012. Although Scorpio Mining 
Corporation has attempted to identify important factors that could cause 
results to differ materially from those contained in forward-looking 
statements, there may be other factors that cause results to be materially 
different from those anticipated, described, estimated, assessed or intended. 
There can be no assurance that any forward-looking statements will prove 
accurate, as actual results and future events could differ materially from 
those anticipated in such statements. Accordingly, readers should not place 
undue reliance on forward-looking statements. Scorpio Mining Corporation does 
not undertake to update any forward-looking statements that are incorporated 
by reference herein, except in accordance with applicable securities laws. 
Victoria Vargas, Vice President Investor Relations and Corporate  
Communications +1 416-585-2200 Email:  
Rich Kaiser, YES International: 1-800-631-8127; 001-757-306-6090  (outside 
North America) 
SOURCE: Scorpio Mining Corporation 
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CO: Scorpio Mining Corporation
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-0- Apr/04/2013 12:00 GMT
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