– CANADA, ON – Scorpio Mining Corporation (TSX: SPM) (“Scorpio Mining” or the “Company”) today announced the resignation of Mr. Thomas (Tom) McGrail from the position of Chief Operating Officer (“COO”), effective November 1, 2013. Mr. McGrail, who was based in Cosalá, Mexico, has tendered his resignation in order to attend to pressing family matters which will require more of his time to be spent at home with his family.
The Board of Scorpio Mining has invited, and Mr. McGrail has agreed to join the Board as a Director. His expertise and first-hand knowledge of the Company’s operations in Mexico will thus continue to be utilized by the Company. This new role will commence November 1, 2013.
Pierre Lacombe, President and CEO, commented, “We thank Tom for his contribution to the advancement of organizational and operational tasks related to our Mexican operations during his tenure as COO. We are very pleased to be retaining his services as a member of the Board of Directors where Tom’s wealth of experience in developing and operating mines will be invaluable as we first progress with the development of the El Cajón mine and advance other projects into the development pipeline.”
Mr. McGrail commented, “This is an exciting time for Scorpio’s shareholders as El Cajón and San Rafael move closer to production. I am eager to contribute to the Company’s success.”
About Scorpio Mining Corporation
Scorpio Mining Corporation is a silver producer operating in Mexico with significant base metal by-product credits. The 100% owned Nuestra Señora Mine in the Cosalá 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 permitted capacity for expansion up to 4,000 tonnes per day. The plant produces zinc, copper and lead concentrates, with a significant payable silver component in the copper and lead concentrates.
In addition, the Company has numerous exploration targets in the vicinity of its current operations as well as the advanced El Cajón and San Rafael development projects. The Company’s strategy for near-term growth is currently focused on mine development of the El Cajón deposit upon receipt of pending permit.
- Disclaimer - News, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.
