Scorpio Mining Corporation Clarifies Exercise Price of Incentive Stock Options

TSX:SPM

News Release No. 267 April 9, 2010

Scorpio Mining Corporation Clarifies Exercise Price of Incentive Stock Options

April 9, 2010 – Scorpio Mining Corporation (“Scorpio”, or the “Company”) (TSX: SPM), announces that further to the Company's news release of April 7, 2010, Scorpio wishes to clarify that 6,010,000 stock options have been granted which has an exercise price of $0.80 per Share, rather than the $0.69 exercise price indicated in the previous news release.

Further information is available on the Company’s web site at: www.scorpiomining.com.

ON BEHALF OF SCORPIO MINING CORPORATION

Peter J. Hawley Chairman & CEO

For further information contact:

Rich Kaiser, YES International: 1-800-631-8127; 001-757-306-6090 (outside North America)

Email: [email protected]

Suite 511 - 475 Howe St. Vancouver, BC V6C 2B3 Tel (604) 678-9639 Fax (604) 602-9640 www.scorpiomining.com