/EINPresswire.com/ -- VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/24/16 -- Scorpio Gold Corporation ("Scorpio Gold" or the "Company") (TSX VENTURE: SGN) reports results from the 2016 exploration drilling program on the Paris target at its 70% owned Mineral Ridge project, located in Nevada.

The Paris target is a previously undrilled area located NNW of the Solberry deposit. It was targeted as one of several possible northwest strike extensions of the Drinkwater mineralization based on rock chip sampling and limited historic underground workings. Significant faulting to the northwest of Drinkwater has offset and obscured the Drinkwater trend. First-pass drilling in 2016 intersected mineralization in 19 of 24 RC holes collared over a 150 x 450 meter area. Based on a review of the geology and assay results, Paris is not considered a continuation of the Drinkwater trend. No further drilling is currently planned in the Paris target area.

A drill hole location map is available at: DH Plan

Table 1. Paris Target Area - Significant Drill Results

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Hole            Azm  Dip   From   To Width  From     To  Width   Gold   Gold
No.             (deg)(deg) (ft) (ft)  (ft)   (m)    (m)    (m)  (OPT)  (g/t)
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MR161953-954    0    -90                No Significant Results
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MR161955        0    -90    120  125     5 36.58  38.10   1.52  0.017   0.58
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MR161959        0    -90                No Significant Results
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MR161960        0    -90    130  140    10 39.62  42.67   3.05  0.013   0.43
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MR161961        0    -90    210  215     5 64.01  65.53   1.52  0.071   2.43
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MR161962        0    -90    270  275     5 82.30  83.82   1.52  0.047   1.61
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MR161963        0    -90    250  265    15 76.20  80.77   4.57  0.060   2.05
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MR161964        0    -90    150  155     5 45.72  47.24   1.52  0.019   0.65
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                            230  235     5 70.10  71.63   1.52  0.018   0.62
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MR161965        0    -90     60   65     5 18.29  19.81   1.52  0.015   0.51
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MR161966        0    -90     20   30    10  6.10   9.14   3.05  0.052   1.78
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                            180  185     5 54.86  56.39   1.52  0.016   0.55
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MR161967        0    -90    135  145    10 41.15  44.20   3.05  0.011   0.38
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MR161968        0    -90    105  110     5 32.00  33.53   1.52  0.017   0.58
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MR161970        090  -45    110  115     5 33.53  35.05   1.52  0.010   0.34
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MR161971        091  -47    105  110     5 32.00  33.53   1.52  0.017   0.58
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                            185  190     5 56.39  57.91   1.52  0.016   0.55
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MR161972        092  -46                No Significant Results
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MR161973,975    0    -90                No Significant Results
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MR161974        0    -90     85   90     5 25.91  27.43   1.52  0.031   1.06
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MR161976        0    -90    455  460     5138.68 140.21   1.52  0.189   6.48
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MR161978        0    -90    190  195     5 57.91  59.44   1.52  0.023   0.79
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                            450  455     5137.16 138.68   1.52  0.052   1.78
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MR161979        0    -90    380  385     5115.82 117.35   1.52  0.061   2.09
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MR161980        0    -90    295  310    15 89.92  94.49   4.57  0.032   1.11
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                            325  330     5 99.06 100.58   1.52  0.024   0.82
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MR161981        0    -90    400  415    15121.92 126.49   4.57  0.039   1.35
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All holes presented in Table 1 were completed by reverse circulation (RC) drilling. True width is estimated at 80-100% of downhole width. Scorpio Gold utilizes the analytical services of ALS Minerals (Reno, Nevada), an ISO/IEC 17025:2005 (CAN-P-4E, CAN-P-1579) accredited testing laboratory, and Bureau Veritas (Reno, Nevada), an ISO 9001 certified testing laboratory. External check assays to verify lab accuracy are routinely completed. Further details are presented in the Company's quality assurance and quality control program for the Mineral Ridge project, available at: MR QAQC.

About Scorpio Gold

Scorpio Gold holds a 70% interest in the producing Mineral Ridge gold mining operation located in Esmeralda County, Nevada with joint venture partner Elevon, LLC (30%). Mineral Ridge is a conventional open pit mining and heap leach operation. The Mineral Ridge property is host to multiple gold-bearing structures, veins and lenses at exploration, development and production stages. Scorpio Gold also holds a 100% interest in the advanced exploration-stage Goldwedge property in Manhattan, Nevada, with a fully permitted underground mine and 400 ton per day mill facility. The Goldwedge mill facility has been placed on a care and maintenance basis and can be restarted immediately when needed.

Scorpio Gold's President & CEO, Peter J. Hawley, PGeo,, is a Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the content of this release.

ON BEHALF OF THE BOARD

SCORPIO GOLD CORPORATION

Peter J. Hawley, President & CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
Peter J. Hawley
President & CEO
(819) 825-7618
phawley@scorpiogold.com
www.scorpiogold.com

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