Scorpio Reports High-Grade Intercept of 1,158 g/t Ag, 29.95% Zn, 4.29% Cu, 8.34% Pb and 1.277 g/t Au over 3.7 metres from Deep Drilling from 11th Level



    TSX:SPM

    VANCOUVER, Oct. 2 /CNW/ - Scorpio Mining Corporation (TSX:SPM) is pleased
to report additional underground drill results targeting the Nuestra Senora
body from the 8th, 9th, 10.5 sub- level and 11th Levels of its 100% owned
Nuestra Senora project, Sinaloa State, Mexico.
    The results from drill holes NSUG-07-173 & 175 represent deep drilling
below the area of estimated reserves and resources presented in the Company's
June 14, 2007 news release, and allows for the continued building of the
overall mineral resource. The mineralization within the deposit remains open
at depth.

    
     Table 1.  8th Level Underground Drill Results - Nuestra Senora Body

    -------------------------------------------------------------------------
    Hole No.      From     To    Length     Ag     Au    Cu      Pb     Zn
                  (m)     (m)      (m)    (g/t)  (g/t)    %       %      %
    -------------------------------------------------------------------------
    NS8L-07-59    13.50   14.40    0.90    203   0.120   0.01    0.78    0.45
    -------------------------------------------------------------------------
                  33.00   33.40    0.40    423   0.261   0.13    3.68    2.22
    -------------------------------------------------------------------------
    NS8L-07-60     1.20    3.50    2.30    227   0.184   0.01    0.71   12.37
    -------------------------------------------------------------------------
                  15.90   18.10    2.20    132   1.193   0.01    0.82    0.29
    -------------------------------------------------------------------------


     Table 2. 9th Level Underground Drill Results - Nuestra Senora Body

    -------------------------------------------------------------------------
    Hole No.      From     To    Length     Ag     Au    Cu      Pb     Zn
                  (m)     (m)      (m)    (g/t)  (g/t)    %       %      %
    -------------------------------------------------------------------------
    NS9L-07-87    92.70   93.00    0.30     94   0.334   1.57    5.55   16.50
    -------------------------------------------------------------------------
                 116.30  117.80    1.50    151   0.383   0.46    0.34    0.13
    -------------------------------------------------------------------------
                 125.70  128.70    3.00    116   0.152   0.31    0.66    0.23
    -------------------------------------------------------------------------
                 135.80  142.10    6.30    288   0.213   1.57    4.95    8.66
    -------------------------------------------------------------------------


     Table 3.  10.5 Level Underground Drill Results - Nuestra Senora Body

    -------------------------------------------------------------------------
    Hole No.      From     To    Length     Ag     Au    Cu      Pb     Zn
                  (m)     (m)      (m)    (g/t)  (g/t)    %       %      %
    -------------------------------------------------------------------------
    NSUG-07-144   14.30   18.80    4.50    311   0.027   0.31    1.72    0.58
    -------------------------------------------------------------------------
                  22.90   25.30    2.40    209   0.168   0.29    2.35    0.75
    -------------------------------------------------------------------------
    NSUG-07-145  120.00  122.10    2.10    237   0.088   0.94    0.87    4.60
    -------------------------------------------------------------------------
    NSUG-07-149   69.60   70.60    1.00    184   0.113   0.33    0.06    0.20
    -------------------------------------------------------------------------
    NSUG-07-150  119.20  124.50    5.30    235   0.484   0.56    1.34    4.56
    -------------------------------------------------------------------------
                 200.80  201.50    0.70    107   0.080   0.15    0.57    0.07
    -------------------------------------------------------------------------
    NSUG-07-151   74.60   75.10    0.50    215   0.102   1.56    0.07    0.20
    -------------------------------------------------------------------------
                  77.30   78.00    0.70    121   0.120   0.24    1.55    3.75
    -------------------------------------------------------------------------
                  85.90   86.80    0.90  1,940   0.883   3.09    3.56    9.57
    -------------------------------------------------------------------------
                  91.80   94.30    2.50    248   0.167   0.80    4.33    2.87
    -------------------------------------------------------------------------
    NSUG-07-152   97.50  101.10    3.60    167   0.111   0.27    0.53    1.65
    -------------------------------------------------------------------------
                 105.00  106.20    1.20    450   0.209   1.19    0.05    0.09
    -------------------------------------------------------------------------
    NSUG-07-161   74.10   76.40    2.30    448   0.547   0.43    2.20    0.94
    -------------------------------------------------------------------------


     Table 4.  11th Level Underground Drill Results - Nuestra Senora Body

    -------------------------------------------------------------------------
    Hole No.      From     To    Length     Ag     Au    Cu      Pb     Zn
                  (m)     (m)      (m)    (g/t)  (g/t)    %       %      %
    -------------------------------------------------------------------------
    NSUG-07-165    6.50    8.00    1.50    216   0.080   0.51    2.69    2.52
    -------------------------------------------------------------------------
                  11.00   12.00    1.00    129   0.029   0.44    0.50    1.75
    -------------------------------------------------------------------------
    NSUG-07-166   19.50   21.50    2.00    262   0.053   0.10    2.74    2.57
    -------------------------------------------------------------------------
                 186.30  197.80   11.50    207   0.061   0.68    0.50    1.47
    -------------------------------------------------------------------------
                 202.40  214.20   11.80    130   0.145   0.24    0.68    1.23
    -------------------------------------------------------------------------
    NSUG-07-168   42.40   42.70    0.30    299   0.128   0.07    1.09    1.61
    -------------------------------------------------------------------------
                  70.10   70.30    0.20  1,030   0.111   0.61    4.65    2.76
    -------------------------------------------------------------------------
    NSUG-07-169  160.10  163.40    3.30    123   0.069   0.40    0.38    0.35
    -------------------------------------------------------------------------
                 177.10  181.90    4.80    141   0.121   0.56    0.43    4.01
    -------------------------------------------------------------------------
    NSUG-07-170  136.40  136.65    0.25    191   0.293   4.23    0.08    0.01
    -------------------------------------------------------------------------
                 139.60  140.80    1.20    233   0.158   0.97    0.39    1.58
    -------------------------------------------------------------------------
    NSUG-07-171  160.90  161.20    0.30    119   0.073   0.88    0.42    8.08
    -------------------------------------------------------------------------
    NSUG-07-173    1.50   10.70    9.20    218   0.092   0.35    3.20    4.25
    -------------------------------------------------------------------------
    Deep
     Drilling     15.00   15.30    0.30    133   0.081   0.24    0.24    0.10
    -------------------------------------------------------------------------
                  59.10   60.10    1.00    162   0.802   0.40    1.39    4.04
    -------------------------------------------------------------------------
                  62.70   67.50    4.80    157   0.293   0.37    1.05    3.46
    -------------------------------------------------------------------------
                  70.20   71.40    1.20    360   0.252   1.06    6.29   12.30
    -------------------------------------------------------------------------
                  86.60   87.60    1.00    266   0.351   1.34    1.03    3.26
    -------------------------------------------------------------------------
                 117.90  118.60    0.70    189   0.214   0.87    1.61    4.46
    -------------------------------------------------------------------------
                 122.50  122.75    0.25    341   0.366   0.83    6.17    9.56
    -------------------------------------------------------------------------
                 132.10  135.80    3.70  1,158   1.277   4.29    8.34   29.95
    -------------------------------------------------------------------------
    NSUG-07-174    3.50    9.00    5.50    355   0.262   0.73    5.72    7.83
    -------------------------------------------------------------------------
                  35.90   36.80    0.90    116   0.079   0.46    0.19    1.14
    -------------------------------------------------------------------------
                  57.60   59.40    1.80    109   0.242   0.59    0.44    0.30
    -------------------------------------------------------------------------
                  66.80   67.20    0.40    122   0.059   0.35    1.92    3.54
    -------------------------------------------------------------------------
                  72.00   72.50    0.50    369   0.216   2.14    0.89    6.21
    -------------------------------------------------------------------------
                 117.80  120.30    2.50    709   0.194   0.22    2.32    0.87
    -------------------------------------------------------------------------
    NSUG-07-175    5.10   18.05   12.95    175   0.066   0.68    2.33    4.10
    -------------------------------------------------------------------------
    Deep
     Drilling    120.90  121.80    0.90    137   0.143   1.07    0.84    0.22
    -------------------------------------------------------------------------
                 124.50  129.10    4.60     75   0.401   0.52    0.73    2.01
    -------------------------------------------------------------------------
                 131.20  150.30   19.10    144   0.059   0.69    0.53    0.89
    -------------------------------------------------------------------------
    

    Drillhole 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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