Scorpio's Surface Drilling of Satellite Santa Teresa Deposit Reports 16.50 metres grading 116 g/t Ag, 5.30% Zn, 0.28% Cu, 3.44% Pb and 0.207 g/t Au followed by 132 g/t Ag, 3.61% Zn, 0.36% Cu, 3.02% Pb and 0.199 g/t Au over 14.70 metres in Same Hole



    TSX:SPM

    VANCOUVER, June 27 /CNW/ - Scorpio Mining Corporation (TSX:SPM) is
pleased to report the second set of drill results from 2007 surface drilling
targeting the Santa Teresa deposit at the Company's 100% owned Nuestra Senora
project, Sinaloa State, Mexico.
    The Santa Teresa deposit outcrops at river level approximately 150 metres
northeast of the Santo Domingo deposit and 250 metres east of the Nuestra
Senora deposit.
    Peter J. Hawley, Chairman, CEO reports, "The exploration team is very
encouraged by the early results of the drilling from this satellite deposit.
Ten holes have been drilled to date and all have intersected significant
widths of mineralization. The style of mineralization has similarities to the
Hoag zone, which lies adjacent to the Nuestra Senora zone at approximately 90
metres below surface.
    With the impending rainy season and potential danger of flash flooding,
the surface drills have now been moved out of the river valley. The drill
program has provided sufficient information however, to allow for
uninterrupted exploration of the Santa Teresa mineralized zone from existing
underground workings of the Nuestra Senora. The 6-Level cross-cut is situated
approximately 90 metres vertically below the surface and within 50 metres of
the down dip extension of the zone. The Santa Teresa could potentially have a
similar size and grade to that of the Hoag zone, which is planned for
extraction later in the year. Should the Santa Teresa prove to be of economic
size and grade, its proximity to the existing underground workings would allow
for exploitation with minimal development work required."
    Surface drilling at the Santo Domingo deposit, located 150 metres
southwest of the Santa Teresa, has also been completed for the season and
results will be reported once received and compiled.
    The Company has moved one portable electric surface drill to underground
to expedite follow-up drilling of the zones outlined from surface.

    
                Table 1. Surface Drill Results - Santa Teresa

    -------------------------------------------------------------------------
                From     To    Length    Ag      Au      Cu      Pb      Zn
    Hole No.     (m)     (m)     (m)    (g/t)   (g/t)     %       %       %
    -------------------------------------------------------------------------
    NSS-07-80    2.80   12.00    9.20      46   0.142    0.09    1.92    3.40
    -------------------------------------------------------------------------
                13.00   14.00    1.00      47   0.376    0.08    2.02    2.07
    -------------------------------------------------------------------------
                15.00   16.30    1.30      54   0.083    0.10    2.46    4.75
    -------------------------------------------------------------------------
                44.20   50.00    5.80      95   0.132    0.26    4.30    5.61
    -------------------------------------------------------------------------
                51.00   53.00    2.00      80   0.237    0.11    3.10    3.40
    -------------------------------------------------------------------------
    NSS-07-81    2.40    6.00    3.60      85   0.173    0.13    3.58    4.79
    -------------------------------------------------------------------------
                16.50   18.00    1.50      40   0.061    0.06    1.73    2.45
    -------------------------------------------------------------------------
                21.00   37.50   16.50     116   0.207    0.28    3.44    5.30
    -------------------------------------------------------------------------
                39.00   53.70   14.70     132   0.199    0.36    3.02    3.61
    -------------------------------------------------------------------------
    

    Drillhole data in the table reflects down hole core lengths and actual
(uncut) grades. True widths cannot be reliably estimated at this time. A plan
view of the surface drilling of the Santa Teresa deposit plus 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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