SAN GOLD CORPORATION

San Gold announced that surface exploration drilling has discovered a new collection of mineralized zones known as L-13, located approximately 500 meters to the west of the Hinge zones and 1 km to the northeast of the Rice Lake mine and mill. The lower zone or L-13 #2 appears to host the strongest mineralization of the zones to date as highlighted by the deepest drill hole #KL-09-29 which encountered 45 g/t over 3.1 meters at 275 meters below surface. The L-13 zones have been confirmed by a number of drill holes and have identified at least three “stacked” lenses to date within a 300 meter strike length. Surface drilling continues to expand the zones which are open along strike and to depth.