Q2 2013 Gold Production from Scorpio’s Mineral Ridge Totals 10,769 Ounces

Scorpio Gold Corp. (TSXV:SGN) announced second-quarter 2013 operating results for its Nevada-based Mineral Ridge project, in which it holds a 70-percent stake. Gold production came to 10,769 ounces, while silver production clocked in at 4,379 ounces; those are year-on-year increases of 45.6 and 49.5 percent, respectively.

Peter J. Hawley, CEO of Scorpio, commented:

We are very pleased with our second quarter operating results, which have exceeded 2013 guidance in both ore tonnes mined and processed head grades. Ore production from the Drinkwater and Mary pits is up 22% from the previous quarter and has increased 48% compared to Q2 2012. The average gold head grade of 2.56 g/t for Q2 increased by 23% compared to Q2 2012, and is 31% higher than predicted in the mine plan. Mining in the Drinkwater pit is now within the main ore zone, resulting in a lower stripping ratio that is expected to continue through the life of the pit. The Company’s new, higher capacity crushing facility went online in June 2013 and is expected to be fully operational in the coming weeks, leading to expected increases in plant throughput. Scorpio Gold is very fortunate to have an exceptional operations team that is dedicated to making ongoing improvements and lowering costs, which continues to strengthen our quarterly results.

Click here to read the full Scorpio Gold Corp. (TSXV:SGN) press release.