Scorpio Gold Reports Results from 2015 Expansion Drilling

VANCOUVER - Scorpio Gold Corporation ("Scorpio Gold" or the "Company") (TSX-V: SGN) reports additional results from the 2015 expansion drilling in the Brodie deposit target area at its70% owned Mineral Ridge project, located in Nevada.

The 2015 expansion program at Mineral Ridge includes infill, development and exploration drilling to expand and upgrade the current mineral reserve and resource base and potentially extend life of mine.

Twelve of the 15 holes were drilled within or adjacent to the 2014 floated cone pit outlines for the Brodie deposit. Two holes, MR151656 and 660 were collared 150 meters west of the pit outlines in the vicinity of a mag tilt high, where previous drilling intersected significant grades at approximately 60 meters vertical depth. MR151670 was an exploration hole collared approximately 150 meters west of the Brodie deposit Management believes that results received from the expansion drilling program should positively impact the existing resource base at the Brodie deposit.

Highlights from this phase of expansion drilling on the Brodie deposit include: MR151621: 3.61 grams per tonne ("g/t") gold over 1.52 meters; MR151629: 5.86 g/t gold over 1.52 meters; MR151630: 1.59 g/t gold over 3.05 meters; MR151654: 1.36 g/t gold over 7.62 meters; MR151655: 4.09 g/t gold over 4. 57 meters; MR151657: 2.51 g/t gold over 4. 57 meters and MR151658: 12.55 g/t gold over 3.05 meters.

All holes presented were completed by reverse circulation (RC) drilling. True width is estimated at 90-100% of downhole width. Analytical results were performed by American Assay Laboratory Inc.

Scorpio Gold holds a 70% interest in the producing Mineral Ridge gold mining operation located in Esmeralda County, Nevada with joint venture partner Waterton Global Value L.P. (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 for the near-term and can be restarted immediately when needed.