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About Scorpio Mining

Scorpio Mining Corporation (TSX:SPM) is a Canadian-based silver and base metal producer in Mexico. Located in the Cosalá District of Sinaloa State, 2.5 hours drive from Mazatlan, Nuestra Señora has proven to be a low-cost operation with the benefit of flexible mining methods and diversified metal production. It boasts a fully mechanized underground operation and a processing facility built for expansion of up to 4,000 TPD. The plant produces zinc, copper and lead concentrates - two of which contain a significant silver component that contributes over 55% of the revenue from metal payable.

The Nuestra Señora operation has a 20-year life with known reserves/resources in the district at current processing capacity. Scorpio's opportunity for growth continues in its Nuestra Señora mine, where many zones remain open for resource expansion, and in the surrounding Cosalá District, where Scorpio controls over 29,000 hectares. Through the 2009 Platte River acquisition, The Corporation acquired over 10,000 hectares of ground adjacent to its existing holdings, containing over 40 known exploration targets and advanced assets. They include the operating La Verde silver-copper mine and the El Cajón silver-copper-gold and San Rafael silver-lead-zinc-copper-gold deposits, both having NI 43-101 compliant mineral resources. All deposits are open for expansion. Outside of Cosalá, Scorpio holds two advanced, high-grade silver properties in the Parral District, Chihuahua State. The Corporation continues to focus on internal growth through aggressive exploration programs in both districts.

Scorpio Mning has launched an aggressive expansion plan that could see throughput increased by ~300% in the next 24 to 36 months. Expansion of the existing Nuestra Señora plant to 2,750 TPD is underway, with expected completion in Q4 2012. The Corporation is also initiating a feasibility study on the viability of a second 4,000 TPD multi-product concentrator located proximal to several advanced deposits located in the north Cosalá District.

Since commencing commercial production in January 2009, Scorpio Mining has reached a level of operational and financial performance that positions it among the best performing silver producers with significant base metal by-product credits in Mexico. The Corporation benefits from an exceptional team with extensive international, project and operational experience. Together with its dedicated Board of Directors, Scorpio Mining maintains a commitment to operational excellence and maximizing shareholder value.

As of November 23, 2011, Scorpio Mining holds approximately 15.5 million shares of Scorpio Gold Corporation (TSXV:SGN; "Scorpio Gold"). Scorpio Gold is involved in the acquisition, exploration and development of mineral resource properties and holds a 70% interest in the Mineral Ridge Property, a former producing gold mine located in Esmeralda County, Nevada. 


 

Management & Directors

Parviz Farsangi, MEng, MBA, PhD, PEng
President, Chief Executive Officer & Director
Mr. Farsangi has an extensive operations background and knowledge of the mining industry. Most recently he was Executive Vice-President and Chief Operating Officer of Vale (formerly, Vale Inco Limited) with the responsibility for leading the operations of Vale's wholly-owned subsidiaries. Prior to joining Vale, Mr. Farsangi had a long career with Falconbridge Limited starting at Falconbridge's Kidd Creek Mine in 1987 and rising to General Manager of the Falconbridge Sudbury Mines/Mill Business Unit in 2002. Subsequently he was President, Gramercy Alumina in Louisiana and St. Ann Bauxite in Jamaica for Falconbridge.
 


Hemdat Sawh, BSc, MBA, CA
Chief Financial Officer
Prior to joining Scorpio Mining, Mr. Sawh held the position of CFO for Crystallex International Corporation, a Canadian-based gold company with operations in Venezuela. From 2005 to 2007, he was the CFO for Goldbelt Resources Ltd., prior to which he worked with Grant Thornton LLP from 1989 to 2005, involved in the audit of small to medium-sized businesses with a concentration in publicly-listed junior mining companies.
 


John A. Sadek, BEng (Mining), MAusIMM
Mexico Country Manager
Mr. Sadek brings a wealth of international mining experience to the Corporation, with past positions including Mining Manager at the Ernest Henry gold-copper mine in Australia, Operations Analyst/Senior Mining Engineer at the Minera Alumbrera copper-gold mine in Argentina, Mine Superintendent - West Operations at the Minera Yanacocha gold mine in Peru, and most recently, Vice President Operations at the San Gregorio project for Uruguay Mineral Exploration Inc.
 


James M. Stonehouse, MA (Geology)
Vice President, Exploration
Mr. Stonehouse has over 30 years of experience in exploration, primarily focused in the Americas and on precious and base metal deposits. He is experienced in managing all aspects of exploration and has successfully led multiple teams through grass roots exploration to discovery stage, resource evaluation, feasibility study and development, including turnaround projects that brought sub-valued assets to economic status and production.
 


Victoria Vargas, HBSc (Economics), MBA
Vice President, Investor Relations and Corporate Communications
Ms. Vargas has over 18 years of experience in the mining industry and brings a wealth of experience in investor relations and stakeholder communications to Scorpio Mining. Prior to joining Scorpio, served as Vice President of Investor Relations with Greystar Resources Ltd., Romarco Minerals Inc. and VP Investor Relations and Corporate Communications for Iberian Minerals Corp. Previously, Victoria worked for Alamos Gold Inc. and held a variety of financial and corporate development positions at Kinross from 1994 until 1999.
 


Peter J. Hawley, BSc, PGeo
Non-Executive Chairman of the Board, Director
Founder and former CEO, Peter Hawley's mining-industry experience spans grassroots exploration through to development and production. He has worked extensively as a consulting geologist to a large number of intermediate and senior mining companies including Teck Corp, Noranda Inc, Placer Dome Inc and Barrick Gold Corp. He is currently President and CEO of Scorpio Gold Corporation.
 


Jonathan Berg, BS, MBA
Director
Mr. Berg has more than 35 years' experience in finance and investments, most recently as VP Finance of PeriCor Therapeutics, Inc., and non-executive chairman of Colombia Goldfields Ltd, March 2008 to October 2009. Formerly, Mr. Berg was president, chief investment officer and founder of Berg Capital Corp., a registered investment adviser based in New York. He has been involved with the start up of several companies, acting as a consultant on finance and corporate structure, and has assisted in the funding of early stage companies in the fields of energy, technology, healthcare, and consumer electronics.
 


Pierre Lacombe, BEng, Eng
Director
Mr. Lacombe has been Principal Process Engineer with AMEC since 2000. Prior to joining AMEC, Pierre was Manager of Metallurgy for Cambior from 1996 to 2000, Plant Superintendent/Senior Metallurgist for Aur Resources' Louvicourt Mine from 1991 to 1996, Assistant Plant Superintendent/Production Metallurgist for BP Minerals' Selbaie Mine from 1986 to 1991 and a junior engineer for Cominco from 1984-1986.
 


Ewan Mason, HBSc, MBA
Director
Mr. Mason began his career as a contract geologist working for a number of mining companies. Following receipt of his MBA in 1992, he embarked on a corporate banking career with the Bank of Nova Scotia, focusing on project financing. Recruited by Richardson Greenshields in 1995 (acquired by RBC in 1996), Mr. Mason rose to the role of Managing Director. In 2005, he was recruited by TD Securities to start up and head their mining investment banking team, which he led until May 2009.
 


Eric Lowy
Corporate Secretary
Mr. Lowy is a corporate lawyer with Irwin Lowy LLP. He has extensive experience advising public companies on corporate finance and merger and acquisition transactions, as well as public company governance and regulation.



                                      

                                      Share Structure - January 4, 2012
                                          Authorized shares Unlimited
                                          Outstanding common shares 197,775,614
                                          Options 15,474,331
                                          Fully Diluted
213,249,945

 

  Corporate Presentation
 

 

  Corporate Brochure
 
 
  2010 Annual Report
 



Financial Statements

Annual Financial Statements for the year ended Dec 31, 2011 - to be filed on
Mar 14, 2012
   
3rd Quarter Report for the period ended Sep 30, 2011
Nov 03, 2011
2nd Quarter Report for the period ended Jun 30, 2011
Jul 29, 2011
1st Quarter Report for the period ended Mar 31, 2011
May 19, 2011
2010 Annual Report
Mar 31, 2011
 
Annual Financial Statements for the year ended Dec 31, 2010
Mar 31, 2011
3rd Quarter Report for the period ended Sep 30, 2010
Nov 12, 2010
2nd Quarter Report for the period ended Jun 30, 2010
Aug 16, 2010
1st Quarter Report for the period ended Mar 31, 2010
May 18, 2010
Annual Financial Statements for the year ended Dec 31, 2009
Mar 31, 2010
3rd Quarter Report for the period ended Sep 30, 2009
Nov 16, 2009
2nd Quarter Report for the period ended Jun 30, 2009
Aug 13, 2009
1st Quarter Report for the period ended Mar 31, 2009
May 13, 2009
Annual Financial Statements for the year ended Dec 31, 2008
Mar 30, 2009
 


 





Social Responsibility

Scorpio Mining continues to develop and implement programs that manage health, safety, environment and social responsibility issues.

The Corporation is establishing closer relations and formalizing agreements with the local ejidos on whose land its mineral concessions lie. At every opportunity, employment recruiting is prioritized from those ejidos and the broader community.

Not only is the Nuestra Señora operation the major employer in the community, but a significant quantity of indirect employment results from contract services in trucking, security and civil construction. Other local businesses and service providers are supported wherever possible.

The Corporation has initiated the formation of a committee comprising community leaders. The principal objective of this non-political committee is to liaise with the broader community to identify and prioritize projects that Scorpio Mining can support. The distribution of available financial assistance is decided by this committee and is prioritized towards educational, cultural and community support groups.

Scorpio Mining is pleased to be an active participant in local initiatives determined by the municipal council. Projects that have been directly supported include a pollution awareness and reduction drive, maintenance of community sporting facilities and the provision of water to isolated communities





http://www.americassilvercorp.com/s/home.asp 


http://charts.adnetinc.com/chart/data/USA.TO/1y.jpg







 



Scorpio Mining Corp.

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#259   Americas Silver Corp (USA) (TSX:USA) Precious Metals Summit NYBob 09/15/16 04:57:26 PM
#258   It didn't hit my target, but I added eddyimano 08/12/16 03:37:50 PM
#257   Chart works. My target is $0.28-$0.30ish eddyimano 08/12/16 10:49:05 AM
#256   why is this down so much today? silverbugz 08/12/16 10:38:17 AM
#255   http://www.americassilvercorp.com/s/home.asp Share Structure OTCRIDER 08/10/16 10:54:47 PM
#254   I own both, no one knows which is eddyimano 08/10/16 11:30:27 AM
#253   http://www.marketwatch.com/story/americas-silver-corporation-provides-second-qua bar10der steve 08/01/16 06:06:21 PM
#252   USAPF or AXU ? Which is the better investment, silvereagle123 07/18/16 09:44:03 AM
#251   Anyone know when the next earnings release is? silvereagle123 07/06/16 12:34:43 PM
#250   #USAPF: The ERIC SPROTT Connection...:-] captainscotty 06/29/16 06:05:56 PM
#249   Does anyone know what Sprotts ownership is given eward368 06/27/16 10:03:46 PM
#248   #USAPF: http://www.americassilvercorp.com/s/StockInfo.asp captainscotty 06/27/16 09:01:07 PM
#247   #USAPF: http://www.americassilvercorp.com/s/home.asp captainscotty 06/27/16 08:50:55 PM
#246   Nice silver movement after BREXIT.... Solarfuture 06/24/16 03:52:53 AM
#245   15 Facts About The Imploding U.S. Economy The Blessediam 06/20/16 09:33:21 PM
#244   $USAPF= "Ten Bagger" just waiting....:-] captainscotty 06/13/16 06:25:16 PM
#243   Check out the Mex Peso oilslick91 06/12/16 03:32:13 PM
#242   Interesting take. bar10der steve 06/07/16 10:01:20 PM
#241   captainscotty thank you, Well, $10K gold may will NYBob 06/06/16 11:38:15 AM
#240   # USAPF: SILVER will be $ 150.00 captainscotty 06/03/16 11:46:51 AM
#239   ALERT: Legend Pierre Lassonde Just Predicted Price Of NYBob 05/31/16 11:00:58 AM
#238   $USAPF: Grant Williams Warns Of Looming 'Wealth Tax', captainscotty 05/30/16 03:52:59 PM
#237   Americas Silver Corporation Announces Alex Davidson Appointed as eward368 05/26/16 01:38:45 PM
#236   #USAPF: On May 20, 2016 Americas Silver Corp captainscotty 05/25/16 10:14:29 PM
#235   $USAPF: http://www.kitcosilver.com/ captainscotty 05/25/16 09:06:00 AM
#234   Eric Sprott is big time precious metals investor Blessediam 05/25/16 08:25:33 AM
#233   Thanks for sharing. One of the most positive eward368 05/25/16 05:09:54 AM
#232   http://seekingalpha.com/article/3977415-2-transitional-resource-companies-inside Blessediam 05/24/16 11:19:43 PM
#231   $USAPF captainscotty 05/23/16 10:39:21 PM
#230   $USAPF : captainscotty 05/23/16 10:36:49 PM
#229   $USAPF,,,Look for a drop to 0.13...;-} captainscotty 05/23/16 10:35:48 PM
#228   $USAPF Time to load up ...:-} captainscotty 05/23/16 09:24:47 AM
#227   Blessediam thank you, well USAPF has a long NYBob 05/17/16 06:54:04 PM
#226   Any comments on the financials released yesterday? davant 05/13/16 09:00:38 AM
#225   Interesting reading! Perhaps we will See Dollarland in Solarfuture 04/29/16 04:36:12 PM
#224   http://seekingalpha.com/article/3968066-investing-gold-and-silver-mining-stocks- bar10der steve 04/29/16 09:54:03 AM
#223   Thank u! Looks and sounds good! Solarfuture 04/28/16 03:37:54 PM
#222   USAPF looking good as long as silver prices Blessediam 04/28/16 02:54:20 PM
#221   Americas Silver Corp. (USA) (TSX:USA) & (USAPF) - NYBob 04/28/16 02:39:53 PM
#220   I also checked Marketwatch and the price was bar10der steve 04/18/16 09:17:09 PM
#219   I was just checking again myself and saw bar10der steve 04/18/16 08:50:50 PM
#218   I just checked Yahoo again and they have retiredyoung99 04/18/16 08:39:42 PM
#217   It has been a long time since I retiredyoung99 04/18/16 07:50:54 PM
#216   USAPF now .10 as of 5:28pm according to bar10der steve 04/18/16 06:21:30 PM
#215   Correction/Clarification I suppose I originally bought at $1.25 a Silvergoldenapple 04/14/16 11:27:19 PM
#214   At least you did not buy when I did! Silvergoldenapple 04/14/16 11:17:16 PM
#213   Me too!! But at 0.04 I had the Solarfuture 04/14/16 05:33:21 AM
#212   Ohh, no worries here. Just wishing I'd cwl 04/13/16 11:52:26 PM
#211   Galena is still the best reserves in North eward368 04/13/16 11:45:36 PM
#210   I find myself wishing I'd bought more when cwl 04/13/16 11:32:07 PM
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