San Gold Corporation

San Gold Corporation

December 08, 2006 10:15 ET

San Gold Corporation Resources Report Completed

BISSETT, MB--(CCNMatthews - December 08, 2006) - San Gold Corporation (TSX-V: SGR) is pleased to report that it has received its technical report from ACA Howe International regarding initial mineral resource calculations for the new Cartwright, Gabrielle and San Gold #2 and #3 zones. The report also updates and upgrades the ore reserves and mineral resources at the San Gold #1 mine due to the extensive pre-production mine development that has taken place over the past year. The report does not incorporate the recent deep drilling results and high-grade developments at the Rice Lake Mine (see press releases dated Oct. 5, Oct. 30, and Nov. 1, 2006).

This report will be filed and released upon review and approval by the San Gold board of directors.

For further information contact Dale Ginn, President of San Gold Corporation, at (204) 794-5818.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information