Scorpio Gold Corporation provided production guidance for the Mineral Ridge Gold Operation, Nevada for the full year of 2012. The company presented its 2012 production guidance and operating, development and exploration budgets for the 70% owned Mineral Ridge Gold Mine, Nevada. 2012 gold production at the Mineral Ridge operation is forecast at 35,000 to 40,000 ounces at a cash operating cost of $650 to $700 per ounce of gold sold. The key parameters form the basis for the 2012 production forecast and operating cost estimate: throughput: 2,500 short tons (2,268 metric tonnes) per day; average grade: 2.4 grams per tonne (0.07 ounces per short ton) gold; Waste-to-ore ratio: 4.2. The 2012 capital and development budget is $9.8 million.