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TSX: SPM


TORONTO, March 3, 2013 /CNW/ - Scorpio Mining Corporation (TSX: SPM) ("Scorpio Mining" or the "Corporation") today announced the
appointment of Mr. Thomas (Tom) McGrail to the position of Chief
Operating Officer ("COO") effective March 1, 2013. Mr. McGrail brings
over 35 years of leadership and has a track record of successfully
managing open-pit and underground operations including 18 years in
Latin America.


In his leadership role at Scorpio Mining, Mr. McGrail will be
responsible for the technical and operating aspects of the
Corporation's 100% owned assets in Mexico. His expertise will be
instrumental in advancing the pipeline of development projects and
ensuring the smooth development, commissioning and operation of the El
Cajon project.


Mr. McGrail, who will be based out of Scorpio Mining's Mexican office,
holds a B.Sc. from Dalhousie University, Nova Scotia and B.Eng. from
the Technical University of Nova Scotia. Tom has a proven track record
of optimizing challenging mining operations by building goal-oriented
teams with priorities in areas of safety and production. Prior to
joining Scorpio, Tom was General Manager of the Mulatos Mine for Alamos
Gold. His previous positions include Vice-President of Operations for
Aura Minerals with responsibility for their San Andres open-pit mine in
Honduras and the Aranzazu underground mine in Mexico, consultant to Cia
Minera de Caldas, S.A., General Manager for Desarrollo Minera de
Nicaragua, S.A., and President and General Manager of HEMCO de
Nicaragua, S.A.


Peter Hawley, Interim President and CEO commented, "We are very pleased
to have attracted a person of Tom's caliber to the Scorpio Mining team.
Tom's wealth of experience in developing and operating mines will be
invaluable as we progress with our near-term development projects like
El Cajon and advance other projects into the development pipeline."


In addition to this appointment, the Corporation expects to announce a
new CEO in early April, 2013.


About Us


Scorpio Mining Corporation is a silver producer operating in Mexico with
significant base metal by-product credits. The 100% owned Nuestra
Senora Mine in the Cosala District of Sinaloa State, Mexico, has
flexible mining methods and diversified metal production. It has a
fully mechanized underground operation and a processing facility with
capacity for expansion to 4,000 tonnes per day. The plant produces
zinc, copper and lead concentrates, with a significant silver component
in the copper and lead concentrates. In addition, the Corporation has
numerous exploration targets in the vicinity of its current operations
and has recently updated its NI 43-101 compliant mineral resource
estimates for the San Rafael and El Cajon development projects. The El
Cajon deposit is scheduled for mine development upon receipt of
permitting. Scorpio Mining also holds a 100% interest in the advanced,
high-grade La Revancha silver and Tepozan silver-gold projects, both
located in the productive Parral District within the respective states
of Chihuahua and Durango, Mexico. The Company's strategy for near-term
growth is currently focused on development and production of the El
Cajon deposit.


Scorpio Mining's Interim President and CEO, Peter J. Hawley P. Geo., is
a Qualified Person for the Corporation's Mexico projects and has
reviewed and approved the content of this release.


ON BEHALF OF SCORPIO MINING CORPORATION


Peter J. Hawley

Interim President & CEO


This news release includes certain statements that may be deemed
"forward-looking statements" within the meaning of the United States
Private Securities Litigation Reform Act of 1995 and applicable
Canadian securities legislation. Forward-looking statements include,
but are not limited to, statements with respect to the Company's
operations, exploration and development plans, expansion plans,
estimates, expectations, forecasts, objectives, predictions and
projections of the future. Generally, these forward-looking statements
can be identified by the forward-looking terminology such as "plans",
"expects" or "does not expect", "is expected", "budget", "scheduled",
"estimates", "projects", "intends", "anticipates", or "does not
anticipate", or "believes", or "variations of such words and phrases or
state that certain actions, events or results "may", "can", "could",
"would", "might", or "will" be taken", "occur" or "be achieved".
Forward-looking statements are subject to known and unknown risks,
uncertainties and other factors that may cause the actual results,
level of activity, performance or achievements of Scorpio Mining
Corporation to be materially different from those expressed or implied
by such forward-looking statements, including but not limited to: risks
related to the exploration and development and operation of the
Company's projects in Mexico, risks related to international
operations, construction delays and cost overruns, the actual results
of current exploration, development and construction activities,
conclusions of economic evaluations, changes in project parameters as
plans continue to be refined, future prices of silver, zinc, copper,
lead and gold, risks relating to completing acquisition transactions as
well as those factors discussed in the sections relating to risk
factors of our business filed in Scorpio Mining Corporation's required
securities filings on SEDAR, including its Annual Information Form
dated March 26, 2012. Although Scorpio Mining Corporation has attempted
to identify important factors that could cause results to differ
materially from those contained in forward-looking statements, there
may be other factors that cause results to be materially different from
those anticipated, described, estimated, assessed or intended.


There can be no assurance that any forward-looking statements will prove
accurate, as actual results and future events could differ materially
from those anticipated in such statements. Accordingly, readers should
not place undue reliance on forward-looking statements. Scorpio Mining
Corporation does not undertake to update any forward-looking statements
that are incorporated by reference herein, except in accordance with
applicable securities laws.



SOURCE: Scorpio Mining Corporation



For further information:

Victoria Vargas, Vice President Investor Relations and Corporate Communications +1 416-585-2200 Email: [email protected] Rich Kaiser, YES International: 1-800-631-8127; 001-757-306-6090 (outside North America) Email: [email protected]

Website: http://www.scorpiomining.com/">www.scorpiomining.com