Scorpio Reports on Drilling of the Main Zone from the 9th Level



    TSX:SPM

    VANCOUVER, Feb. 26 /CNW/ - Scorpio Mining Corporation (TSX:SPM) is
pleased to announce additional underground drill results from the 9th Level
targeting the Main Zone at the 100% owned Nuestra Senora mine, Sinaloa State,
Mexico.
    Peter J. Hawley, Chairman, CEO reports, "Drill results from the Nuestra
Senora Main Zone (Table 1) continue to demonstrate continuity of the economic
mineralization and define the areas outlined for future extraction as the mine
planning advances.
    The Company invites all interested parties to visit Scorpio's booth
(No.2445) at the Prospectors and Developers Association mining convention
(PDAC2009) held at the Metro Toronto Convention Centre, March 1-4, 2009.
Registration and access to the Investor's Exchange area is free; further
information is available at www.pdac.ca."

    
           Table 1. 9th Level Underground Drill Results - Main Zone

    -------------------------------------------------------------------------
    Hole No.        From      To    Length   Ag    Au     Cu     Pb      Zn
                     (m)      (m)    (m)    (g/t) (g/t)    %      %       %
    -------------------------------------------------------------------------
    NS9L-08-141     29.70    31.70   2.00    163   0.12   0.58   0.39   0.04
    -------------------------------------------------------------------------
                    61.20    62.75   1.55    788   0.47   2.59   0.78   0.42
    -------------------------------------------------------------------------
                    75.05    77.50   2.45    119   0.12   0.36   0.69   2.38
    -------------------------------------------------------------------------
    NS9L-08-142      8.30     9.80   1.50    320   0.13   0.38   2.37   1.95
    -------------------------------------------------------------------------
                    63.00    66.53   3.55    285   0.12   1.61   1.59  13.52
    -------------------------------------------------------------------------
    NS9L-08-143     35.60    39.00   4.40    172   0.09   0.52   0.30   1.42
    -------------------------------------------------------------------------
                    82.00    87.00   5.00    173   0.08   0.51   0.46   0.75
    -------------------------------------------------------------------------
    NS9L-08-144     22.00    25.80   3.80    146   0.09   0.42   0.52   2.40
    -------------------------------------------------------------------------
                    31.50    33.00   1.50    141   0.04   0.56   0.84   2.02
    -------------------------------------------------------------------------
                    39.10    40.60   1.50    141   0.05   0.34   0.18   1.18
    -------------------------------------------------------------------------
                    78.00    79.50   1.50    108   0.15   0.33   0.27   1.31
    -------------------------------------------------------------------------
                    91.10    92.20   1.10    145   0.14   0.76   0.49   3.35
    -------------------------------------------------------------------------
                    95.80   102.00   6.20    172   0.06   0.71   0.29   1.06
    -------------------------------------------------------------------------
    NS9L-08-145     13.70    15.10   1.40    166   0.16   0.71   6.44   7.93
    -------------------------------------------------------------------------
                    56.00    57.40   1.40    163   0.10   0.33   0.29   2.14
    -------------------------------------------------------------------------
                    88.30    89.50   1.20    293   0.10   0.87   0.70   4.23
    -------------------------------------------------------------------------
                    94.50    96.00   1.50    135   0.14   0.51   0.35   1.05
    -------------------------------------------------------------------------
                   102.50   103.90   1.40    676   0.35   4.60   1.74   1.26
    -------------------------------------------------------------------------
    NS9L-08-148    190.70   194.30   3.60    127   0.23  0.100   0.94   1.05
    -------------------------------------------------------------------------
    NS9L-08-149    134.80   136.90   2.10    142   0.52   0.68   0.03   0.07
    -------------------------------------------------------------------------
    NS9L-08-195    109.70   111.55   1.85    104   0.06   0.26   3.42   3.02
    -------------------------------------------------------------------------
                   136.60   140.30   3.70    101   0.16   0.47   4.34   5.52
    -------------------------------------------------------------------------
    NS9L-08-204    160.00   162.50   2.50    170   0.19   0.52   0.40   2.29
    -------------------------------------------------------------------------
    NS9L-08-213     38.80    46.90   8.10    166   0.16   0.82   0.78   2.05
    -------------------------------------------------------------------------
    NS9L-08-214     31.00    33.40   2.40    152   0.43   1.14   6.91  11.91
    -------------------------------------------------------------------------
                    37.90    42.00   4.10    186   0.12   1.49   1.74   1.67
    -------------------------------------------------------------------------
                    44.30    45.40   1.10    413   0.18   1.64   1.56  12.75
    -------------------------------------------------------------------------
    NS9L-08-216     15.40    16.60   1.20    540   0.12   0.93   3.13   7.14
    -------------------------------------------------------------------------
    NS9L-08-217     12.30    16.00   3.70    167   0.15   0.45   1.36   2.02
    -------------------------------------------------------------------------
                    77.40    79.70   2.30    124   0.06   0.54   0.20   0.24
    -------------------------------------------------------------------------
    NS9L-08-218     14.80    16.60   1.80    229   0.39   1.08   1.28   1.50
    -------------------------------------------------------------------------
                    91.70    95.00   3.30    122   0.03   0.27   0.23   1.16
    -------------------------------------------------------------------------
    NS9L-08-219     12.75    14.00   1.25    394   0.38   1.23   3.40   2.81
    -------------------------------------------------------------------------
                    24.30    25.30   1.00    105   0.06   0.34   1.83   3.00
    -------------------------------------------------------------------------
                    46.20    47.30   1.10    138   0.09   0.47   0.39   0.65
    -------------------------------------------------------------------------
                    84.20    85.20   1.00    118   0.10   0.72   0.34   3.59
    -------------------------------------------------------------------------
                    90.90    93.60   2.70    102   0.03   0.72   0.44   1.02
    -------------------------------------------------------------------------
    

    Drill hole data in Table 1 reflects down hole core lengths and actual
(uncut) grades. True widths cannot be reliably estimated at this time.
    Additional information is available on the Company's 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" 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 results of drilling, the timing and methods of
future extraction of mineralization for milling and Scorpio Mining
Corporation's commitment to, and plans for developing the Nuestra Senora
Project. 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
potential development and construction of the Nuestra Senora Project, 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, 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, 2008. 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.





For further information:

For further information: Rich Kaiser, YES International: 1-800-631-8127,
001-757-306-6090 (outside North America), Email: yes@yesinternational.com

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