Scorpio Intersects an Outstanding 5.0 metres of 1,487.80 g/t Ag, 9.91% Zn, 6.54% Cu, 8.64% Pb and 0.77 g/t Au including 2.0 metres grading 2,670 g/t Ag, 6.34% Zn, 11.40% Cu, 14.15% Pb and 1.37 g/t Au



    TSX:SPM

    VANCOUVER, March 5 /CNW/ - Scorpio Mining Corporation (TSX:SPM) is
pleased to report additional results of drilling from the 8th Level of the
Nuestra Senora Silver-Zinc deposit, targeting the recently discovered South
Lens.
    Peter J. Hawley, Chairman, CEO reports, "Hole 43 is part of the
continuing exploration of the South Lens, which represents another stacked
thrust system peripheral to the Nuestra Senora Main, Hoag Zone, Sept 9 Zone
and North Lens. This hole, with its exceptional grade over a mineable width,
and other reported intersections to date, emphasizes the magnitude and
potential of the deposit."

    
                      Table 1 - 8th Level Drill Results

    -------------------------------------------------------------------------
     Hole No.   From     To    Length      Ag      Au      Cu      Pb     Zn
                 (m)     (m)     (m)     (g/t)   (g/t)      %       %      %
    -------------------------------------------------------------------------
    NS8L-06-42   3.00    4.50    1.50    101.00   0.11    0.12    2.40   3.62
    -------------------------------------------------------------------------
     Including  10.50   13.50    3.00     61.50   0.11    0.34    2.50   4.10
    -------------------------------------------------------------------------
                52.50   54.00    1.50     65.00   0.25    0.30    2.25   2.86
    -------------------------------------------------------------------------
                58.50   60.00    1.50     38.00   0.03    0.39    0.34   4.19
    -------------------------------------------------------------------------
    NS8L-06-43  51.00   56.00    5.00  1,487.80   0.77    6.54    8.64   9.91
    -------------------------------------------------------------------------
     Including  53.00   55.00    2.00  2,670.00   1.37   11.40   14.15   6.34
    -------------------------------------------------------------------------
                66.00   67.50    1.50     94.00   0.24    1.56    2.49   4.38
    -------------------------------------------------------------------------
    NS8L-06-44  31.50   33.00    1.50    115.00   0.34    0.26    1.38   0.81
    -------------------------------------------------------------------------
     Including  42.00   52.50   10.50     78.86   0.06    0.46    0.94   1.85
    -------------------------------------------------------------------------
                48.00   51.00    3.00    187.50   0.10    1.25    1.29   3.46
    -------------------------------------------------------------------------
                69.00   72.00    3.00     98.00   0.19    0.50    1.02   3.66
    -------------------------------------------------------------------------
    



    Drill hole 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 Senora 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 Senora 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 Senora 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

    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 and 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.





For further information:

For further information: 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

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