South American Gold Corp.
OTC Bulletin Board : SAGD

March 17, 2011 12:44 ET

South American Gold Appoints Dr. Stewart D. Redwood to Advisory Board

RICHMOND, INDIANA--(Marketwire - March 17, 2011) - South American Gold Corp. (OTCBB:SAGD) is pleased to announce it has appointed Dr. Stewart D. Redwood to its Advisory Board. 

Dr. Redwood is an independent geological consultant specializing in minerals exploration and project evaluation and has more than 30 years of experience in minerals exploration, including over 20 years in Latin America. 

Dr. Redwood has obtained his Ph.D. from Aberdeen University for his work on the gold and silver deposits of Bolivia. He worked for the British Geological Survey in Scotland, followed by five years as the Director of Exploration for Mintec in Bolivia, then seven years with Inmet Mining in Latin America, including the feasibility study of the Antamina (Peru) copper-zinc deposit, and was then Chief Geologist for AngloGold South America (now AngloGold Ashanti).

For the past ten years he has worked as an independent consultant. During the past 10 years Dr. Redwood has carried out geological assignments in Panama, Nicaragua, Honduras, Costa Rica, Guatemala, El Salvador, Dominican Republic, Colombia, Peru, Bolivia, Brazil, and Guyana.

Dr. Redwood is a Fellow of The Institute of Materials, Minerals and Mining (FIMMM), a Fellow of the Geological Society of London (FGS), and a Fellow of the Society of Economic Geologists.

"We are very pleased to have Dr. Stewart Redwood join our advisory board," said Raymond De Motte, CEO of South American Gold. "Dr. Redwood brings over 20 years of geological experience throughout Latin America to our advisory team and will be a key advisor as we look to identify, acquire and develop prospective gold deposits in South America."

About South American Gold (OTCBB:SAGD)

The Company's objective is to locate, explore and develop large-scale commercially viable gold deposits primarily in Latin America. The Company focuses principally on geographic areas that are home to established gold deposits, including highly prospective districts with the potential to hold large deposits.

On behalf of the board,

Raymond De Motte, CEO, South American Gold Corp.

Disclaimer

This release contains forward-looking statements that are based on beliefs of South American Gold Corp. management and reflect South American Gold Corp.'s current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities and Exchange Act of 1934, as amended. When we use in this release, the words "estimate," "project," "believe," "anticipate," "intend," "expect," "plan," "predict," "may," "should," "will," "can," the negative of these words , or such other variations thereon, or comparable terminology, are all intended to identify forward looking statements. Such statements reflect the current views of South American Gold Corp. with respect to future events based on currently available information and are subject to numerous assumptions, risks and uncertainties, including but not limited to, risks and uncertainties pertaining to development of mining properties, changes in economic conditions and other risks, uncertainties and factors, which may cause the actual results, performance , or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements. The information contained in this press release is historical in nature, has not been updated, and is current only to the date shown in this press release. This information may no longer be accurate and therefore you should not rely on the information contained in this press release. To the extent permitted by law, South American Gold Corp. and its employees, agents and consultants exclude all liability for any loss or damage arising from the use of, or reliance on, any such information, whether or not caused by any negligent act or omission. This press release incorporates by reference the Company's filings with the SEC including 10k, 10Q, 8K reports and other filings. Investors are encouraged to review all filings.

Contact Information

  • South American Gold Corp.
    1-800-298-4023 or 1-765-356-9720
    1-800-691-5161 or 1-765-356-9719 (FAX)
    info@sagoldcorp.com