Scorpio Gold Corp.

Scorpio Gold announces initial drill results from its 2012 drilling program on the Oromonte Zone, located 425 metres (1400 feet) southwest of the current mining in the Drinkwater pit at the 70% owned Mineral Ridge project, Nevada. Initial drilling in 2012 on the Oromonte Zone has targeted its northern edge by extending a fence of previously drilled holes to determine the eastern and western limits of mineralization. All [...]

Scorpio Gold announces initial drill results from its 2012 drilling program on the Bluelite Zone, located 1,100 metres (3,600 feet) northwest of the current mining in the Drinkwater pit at the 70% owned Mineral Ridge project, Nevada. The 2012 initial drilling of the Bluelite Zone was designed to outline the boundaries of the mineralized Brodie structural corridor, which connects the Brodie Zone in the southwest through [...]

Scorpio Gold is pleased to announce that all proposed resolutions were passed at the Company's Annual General and Special Meeting of Shareholders held on June 1, 2012. The number of directors was set at five and shareholders approved the re-election of Peter J. Hawley, Brian Lock, Luc Pelchat, David W. Smalley and Andrew Lee Smith as directors. Deloitte & Touche LLP, Chartered Accountants, have been appointed as auditors [...]

Scorpio Gold announces further results from its 2012 drilling program on the Brodie Northwest Zone, located 975 metres southwest of the current mining in the Drinkwater pit at the 70% owned Mineral Ridge project, Nevada. Peter J Hawley, CEO reports; "Drilling to date has allowed us to define the limits of the mineralized structural zone that trends through the Brodie corridor, connecting the Brodie, Brodie Northwest and [...]

Scorpio Gold announces initial results from its 2012 drilling program on the Brodie Northwest Zone, located 975 metres southwest of the current mining in the Drinkwater pit at the 70% owned Mineral Ridge project, Nevada. The 2012 drilling program has initially targeted the Brodie Northwest extension to determine the extent of the mineralized corridor that trends northwest toward the Bluelite Zone. Previous operators [...]

Scorpio Gold is pleased to announce its unaudited financial and operating results for the first quarter ended March 31. Q1 represents the first period reported on since the Company achieved commercial production at the 70% owned Mineral Ridge Mine, effective January 1. This press release should be read in conjunction with the Company's Management Discussion & Analysis, Financial Statements and Notes to Financial [...]

Scorpio Gold announces that an affiliate of Waterton Global Value, the Company's lender and the lender to Golden Phoenix Minerals, has acquired Golden Phoenix's 30% joint venture interest in the Mineral Ridge project, located in Nevada, at a public auction that was held on April 30, following Golden Phoenix's failure to make a repayment required under its loan with Waterton.

Scorpio Gold is pleased to present its 2012 production guidance and operating, development and exploration budgets for the 70% owned Mineral Ridge Gold Mine, Nevada. 2012 Production and Operating Guidance: 2012 gold production at the Mineral Ridge operation is forecast at 35,000 to 40,000 ounces at a cash operating cost of US$650 to US$700 per ounce of gold sold.

Scorpio Gold wishes to respond to a letter it received today from its joint venture partner Golden Phoenix Minerals and GP's news release of today, purporting to replace Scorpio as manager of the Mineral Ridge gold mine. Scorpio has instructed its legal counsel in Nevada to take immediate action to stop this ridiculous notion in its tracks. GP has no basis or authority under the joint venture operating agreement to remove [...]

Scorpio Gold commenced by Golden Phoenix Minerals its joint venture partner on the Mineral Ridge project located in Nevada, against Scorpio Gold, its U.S. subsidiary, and Waterton Global Value LP, Golden Phoenix's lender. Scorpio Gold initially announced the Proceedings in a news release dated April 4, 2012, at which time Scorpio Gold's management had not received any of the documents relating to the Proceedings.