Scorpio Gold Corp. (SRCRF)

[Belgie24]

Scorpio Gold Intersects Near Surface Mineralization at the Wedge B Zone, Mineral Ridge Project

Vancouver, November 8, 2011 - Scorpio Gold Corporation ("Scorpio Gold" or the "Company") (TSX-V: SGN) announces the initial drill results from the Wedge B Zone at the 70% owned Mineral Ridge project, Nevada.

Peter J. Hawley, President and CEO reports, "Our initial drilling on the Wedge B Zone, located 225 metres west of the Drinkwater pit where the Company is currently mining, has intersected mineralization of interest. Given the shallow depth of the mineralization and its close proximity to the crushing unit and haul roads, the Company is examining the viability of adding the extraction of this zone into the 2012 mine planning. This addition has the potential to increase the overall gold production scheduled for the coming year."

Drilling results continued at:

http://www.scorpiogold.com/s/news.asp?ReportID=489579