St Andrew Goldfields Ltd.

St Andrew Goldfields Ltd.

September 04, 2007 10:19 ET

St Andrew Announces Appointment of Louis Gignac to Its Board of Directors

OAKVILLE, ONTARIO--(Marketwire - Sept. 4, 2007) - St Andrew Goldfields Ltd. (TSX:SAS) ("St Andrew") is pleased to announce that Louis Gignac, D.Eng. has been appointed to its Board of Directors. Louis is well known internationally in the mining industry where he served since 1986 as President and CEO of Cambior Inc., a mid-tier gold producer with operations in Canada and South America until it was acquired by IAMGOLD Corporation in November 2006.

The Chairman of St Andrew, Herbert Abramson, said, "The St Andrew Board looks forward to benefiting from Louis' substantial mining and operating experience and good judgment."

Jacques Perron, who will become St Andrew's new President and CEO on October 1, said, "I look forward to being reunited on the St Andrew's team with Louis Gignac, with whom I worked in operations for many years at Cambior Inc.. He is an outstanding mining executive and I welcome his presence on the Board of our Company."

Louis Gignac said, "I am delighted to join the Board of St Andrew at this exciting time in its development as it transitions into a producer with excellent assets and infrastructure in politically secure jurisdictions."

St Andrew is a gold mining and exploration company with operations in Timmins, Ontario and Alaska, USA. St Andrew controls a very large land position in the Timmins Mining Camp, an extensive land position at Eskay Creek in northern British Columbia and land positions around Nixon Fork in the Kuskokwim-Tintina Mining Camp in Alaska. St Andrew also holds an approximate 50.2 % equity interest in New Zealand based gold explorer, Glass Earth Limited and a significant equity interest in Apollo Gold Corporation.

For further information about St Andrew Goldfields Ltd., please contact Investor Relations at (416) 368-3116 or toll-free at 1-800-463-5139 or email


The information in this release may contain forward-looking information under applicable securities laws. This forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those implied by the forward-looking information. Factors that may cause actual results to vary material include, but are not limited to, inaccurate assumptions concerning the exploration for and development of mineral deposits, political instability, currency fluctuations, unanticipated operational or technical difficulties, changes in laws or regulations, the risks of obtaining necessary licenses and permits, changes in general economic conditions or conditions in the financial markets and the inability to raise additional financing. Readers should refer to the Company's Annual Information Form filed at for a further discussion of such risks, uncertainties and factors. Readers are cautioned not to place undue reliance on this forward-looking information. St Andrew does not assume the obligation to revise or update this forward-looking information after the date of this release or to revise such information to reflect the occurrence of future unanticipated events, except as may be required under applicable securities laws.

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