Expansion Drilling At The Bluelite Satellite Deposit

           

VANCOUVER - Scorpio Gold Corporation reported additional results from the 2015 expansion drilling program on the Bluelite satellite deposit at its70% owned Mineral Ridge project, located in Nevada.

The 2015 expansion program at Bluelite includes infill, development and exploration drilling to expand and upgrade the current mineral reserve and resource base for the deposit and potentially extend the life of mine of the Mineral Ridge project.

All of the holes are step-out exploration holes that lie well outside the currently defined mineral resource for the Bluelite deposit. Four widely-spaced reconnaissance holes (MR151332-333, 335 and 340) were drilled in an untested area to the northwest of the deposit. The remaining 29 holes continue to delineate mineralization that has now been outlined over a 200 x 200 meter area extending south-southwest of the current Bluelite deposit pit outline, as well as a 200 meter wide area of semi-continuous mineralization that extends southeast of the pit outline along the NW Brodie trend toward the Brodie deposit.

Management believes that results received to date from the current expansion drilling program should positively impact the existing resource base at the Bluelite deposit and will potentially allow for defining a new resource in the wide areas of mineralization that extend south-southwest of the current pit outline and southeast along the NW Brodie trend.

Pre-production development work at the Bluelite deposit is in progress with open pit production scheduled in Q3 2015.