Mr. Peter Hawley reports

SCORPIO GOLD REPORTS FINAL RESULTS FROM 2013 EXPANSION DRILLING AT THE OROMONTE AND DRINKWATER HIGHWALL, MINERAL RIDGE PROJECT, NEVADA

Scorpio Gold Corp. has provided final results from its 2013 drilling program at the 70-per-cent-owned Mineral Ridge project, located in Nevada. The Oromonte satellite deposit lies west of the currently producing Drinkwater and Mary pits and the Drinkwater highwall zone lies at the northwest end of the Drinkwater pit.

Previous drilling on the Drinkwater highwall zone had confirmed that significant mineralization was left behind in the wall at the northwest end of the Drinkwater pit (as reported in the company's Oct. 30, 2012, and Nov. 26, 2012, news releases). Results from the 2012 and 2013 drilling will be modelled and incorporated into the Drinkwater mine plan for potential extraction. Additional drilling on the Drinkwater highwall is planned in 2014.

Drilling on the Oromonte deposit in 2013 followed up on high-grade mineralization intersected at depth in 2011 to 2012 drilling. Drill results from the first phase of the 2013 drill program at Oromonte were reported in the company's Sept. 23, 2013, news release. The indicated zone of mineralization trends northerly and lies along the edge of a geophysical magnetic high. It has been intersected at 85 to 115 metres vertical depth and, although not accessible by open pit mining, may be amenable to underground extraction should further results support underground development. Historical underground workings are known to lie approximately 180 metres to the east. The significance of these drill results in context with their structural and geophysical setting will be evaluated for follow-up drilling in 2014.

  SIGNIFICANT DRILL RESULTS FROM THE OROMONTE AND DRINKWATER HIGHWALL

Hole                From    To Width   From     To Width  Gold  Gold
No.                 (ft)  (ft)  (ft)    (m)    (m)   (m) (OPT) (g/t)

Oromonte deposit

MR13750              270   275     5  82.30  83.82  1.52  0.03  0.99
                     395   400     5 120.40 121.92  1.52  0.02  0.69
MR13751               10    15     5   3.05   4.57  1.52  0.01  0.48
                     200   205     5  60.96  62.48  1.52  0.03  0.93
                     240   245     5  73.15  74.68  1.52  0.02  0.51
                     265   320    55  80.77  97.54 16.76  0.03  0.89
MR13752              330   335     5 100.58 102.11  1.52  0.04  1.41
                     395   415    20 120.40 126.49  6.10  0.14  4.82

Northwest highwall
zone

MR13715                5    10     5   1.52   3.05  1.52 0.013  0.45
                     495   505    10 150.88 153.92  3.05 0.026  0.87
                     525   530     5 160.02 161.54  1.52 0.044  1.51
MR13716              395   410    15 120.40 124.97  4.57 0.051  1.73
                     500   505     5 152.40 153.92  1.52 0.027  0.93
MR13717                0    15    15   0.00   4.57  4.57 0.010  0.34
                     320   325     5  97.54  99.06  1.52 0.121  4.15
                     460   470    10 140.21 143.26  3.05 0.032  1.10
                     600   605     5 182.88 184.40  1.52 0.037  1.27
MR13718                         No significant results
MR13719                0    10    10   0.00   3.05  3.05 0.041  1.39
                     500   530    30 152.40 161.54  9.14 0.055  1.87
                     685   690     5 208.79 210.31  1.52 0.013  0.45
MR13745                5    10     5   1.52   3.05  1.52 0.013  0.45
                     515   520     5 156.97 158.50  1.52 0.061  2.09
                     540   550    10 164.59 167.64  3.05 0.020  0.69
MR13746                         No significant results
MR13747                5    10     5   1.52   3.05  1.52 0.016  0.55
MR13748                0    10    10   0.00   3.05  3.05 0.020  0.67
MR13749                0    10    10   0.00   3.05  3.05 0.048  1.63

All holes presented in the attached table were completed by reverse circulation (RC) drilling. True width is estimated at 90 to 100 per cent of downhole width. Analytical results were performed by American Assay Laboratory Inc. in Sparks, Nev., an ISO/IEC 17025:2005-accredited facility. External check assays to verify lab accuracy are routinely completed by ALS Chemex, an ISO 9001:2000-certified and ISO/IEC 17025:2005-accredited facility. Further details are presented in the company's quality assurance and quality control program for the Mineral Ridge project at the company's website.

Scorpio Gold's chief executive officer, 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.

We seek Safe Harbor.