Vancouver, April 19, 2011 - Scorpio Gold Corporation ("Scorpio Gold" or the "Company") (TSX-V: SGN) is pleased to announce the appointment of Mr. James (Jim) W. Ashton, P.Eng., as Mine Manager at the Mineral Ridge gold deposit, Nevada, effective immediately.
Mr. Ashton holds a Bachelor of Science in Mine Engineering from the Mackay School of Mines, University of Nevada, and is a Registered Professional Engineer with the State of Nevada.
Peter J. Hawley, President & CEO reports, "Jim brings more than 26 years of experience in open pit mining, pit design, optimization and reserve estimation to the Mineral Ridge gold project, where he will oversee all mining operations and future planning, development and extraction of mineralization beyond the existing open-pits. Jim is an excellent addition to the Scorpio Gold team as we enter into production at Mineral Ridge and advance through the next significant stage of growth for the Company."
Mr. Ashton began his career in 1984 as an engineer with Tenneco Minerals Company at the 40,000 tons per day (TPD) Borealis open-pit, heap leach gold mining operation in Nevada, where in 1986 he became the Senior Engineer under Echo Bay Mines Ltd. In 1990, he took a position as Senior Mine Engineer/Compliance Specialist for Meridian Gold's 60,000 TPD open-pit operation at the Royal Mountain King Mine, California. In 1993, Jim joined Phelps Dodge Corporation as Mine Planning Engineer at the 325,000 TPD open-pit Chino copper mine in New Mexico. Late in 1994, Jim became Mine Superintendent at Kinross Candelaria Mining Co.'s 100,000 TPD heap leach Candelaria silver mine in Nevada. In 1996 he joined Fronteer Gold/New West Gold/Western States Minerals as a project engineer in Reno, Nevada, and in 2010 he became Chief Engineer for Fronteer Gold's Northumberland Project, Nevada, where he was responsible for all engineering and construction, bulk sampling and set up for underground mining until the April 6, 2011 acquisition of Fronteer Gold by Newmont Mining Corp.
For additional information please see the Company's website at www.scorpiogold.com
President & CEO, Peter J. Hawley, PGeo, is the Qualified Person for the Mineral Ridge project and has reviewed the content of this release.
ON BEHALF OF THE BOARD
SCORPIO GOLD CORPORATION
Peter J. Hawley,
President & CEO
For further information contact:
Peter J. Hawley Tel: (819) 825-7618
Torrey Hills Capital
Andrew Hoffman Tel: (858) 456-7300
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
The Company relies on litigation protection for "forward-looking" statements. This news release contains forward-looking statements that are based on the Company's current expectations and estimates, including statements as to future sales. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other similar words or statements that certain events or conditions "may" or "will" occur, and include, without limitation, statements regarding the Company's plans with respect to the exploration and development of its projects. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements, including those risk factors outlined in the Company's Management Discussion and Analysis for the year ended December 31, 2010 as filed on Sedar. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.