The Board of Directors of Scorpio Mining Corp. announced that it has accepted the resignation of President and Chief Executive Officer, Parviz Farsangi, and unanimously appointed the company's Chairman, founder and former Chief Executive Officer, Peter J. Hawley as interim President and Chief Executive Officer. Mr. Farsangi has stepped down as President and Chief Executive Officer and director of the company to pursue other career opportunities, effective immediately. The company's Board of Directors also announced that Ewan Mason will replace Mr. Hawley as Chairman while Mr. Hawley carries out his executive role. The Board of Directors has commenced a search for a new Chief Executive Officer. During the interim period, the day to day operations of the company will be supervised by Mr. Hawley with the support of Mr. Mason. Mr. Hawley has extensive mining-industry experience that spans grassroots exploration through to development and production. He has worked as a consulting geologist to a large number of intermediate and senior mining companies including Teck Corp, Noranda Inc, Placer Dome Inc. and Barrick Gold Corp. Mr. Hawley will also continue in his current position as President and CEO of Scorpio Gold Corporation.