Scorpio Gold Corp. (SRCRF)

[1971HopeFullinvestor]

Jan 17, 2012

Scorpio Gold Intersects 12.20 metres grading 3.99 g/t Gold Followed by 7.62 metres grading 3.71 g/t Gold on Mary Zone, Mineral Ridge Project


Vancouver, January 17, 2012 - Scorpio Gold Corporation ("Scorpio Gold" or the "Company") (TSX-V: SGN) announces additional drill results from the Mary Zone, located southwest of the current mining in the Drinkwater pit at the 70% owned Mineral Ridge project, Nevada.

Peter J. Hawley, President and CEO reports, "Drill results continue to expand the width of the Mary Zone and further confirm that gold mineralization extends southwest from the Mary Zone to the adjacent Mary LC Zone, encompassing a strike length of 780 metres. Commencement of open pit mining at the Mary Zone is on schedule for later in January 2012, adding to current production from the Drinkwater Pit and increasing the overall production at Mineral Ridge."

See this link for the chart of drill holes......HopeFull!
http://www.scorpiogold.com/s/news.asp?ReportID=501919