San Gold Appoints Brennan as Director

Marketwired

WINNIPEG, MANITOBA--(Marketwire -08/01/12)- San Gold Corporation (SGR.TO)(SGRCF) (the "Company") is pleased to announce the appointment of Robert (Bob) Brennan as an independent director of the Company effective today.

"We are extremely pleased to have Mr. Brennan join us. He has had a very distinguished career and will bring his considerable experience and expertise operating at the most senior levels within Manitoba's business community to San Gold," said Mr. Hugh Wynne, Executive Chairman of San Gold Corporation.

Mr. Brennan is a resident of Winnipeg, Manitoba and is a Chartered Accountant with a distinguished 47-year career with Manitoba Hydro until his retirement in February, 2012. While at Manitoba Hydro, Mr. Brennan served in various positions culminating in his position as President and Chief Executive Officer from 1990 until his retirement.

Mr. Brennan currently serves as Chairman of the Riverview Health Centre Foundation and as a director of Stars Aviation, First Peoples Economic Growth Fund and the Canadian National Institute for the Blind. Mr. Brennan brings a wealth of knowledge, experience and expertise to the board of directors of the Company.

About San Gold

San Gold is an established Canadian gold producer, explorer, and developer that owns and operates the Hinge, 007, and Rice Lake mines near Bissett, Manitoba. The Company employs more than 400 people and is committed to the highest standards of safety and environmental stewardship. San Gold is on the Toronto Stock Exchange under the symbol "SGR" and on the OTCQX under the symbol "SGRCF".

For further information on San Gold, please visit www.sangold.ca.

Cautionary Note

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Contact:

San Gold Corporation
Hugh Wynne
Executive Chairman
1 (204) 277-5411 Ext. 213
San Gold Corporation
Tim Friesen
Communications Director
1 (855) 585-4653
www.sangold.ca

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