Teranga Gold Corporation Provides Notice of Release of 2011 September Quarter Results, Conference Call and Webcast


TORONTO, ONTARIO--(Marketwire - Nov. 3, 2011) - Teranga Gold Corporation (TSX:TGZ)(ASX:TGZ) announced today that it will release its September quarter results on Thursday, November 10, 2011, before market open. Additionally, the Company's senior management from both Toronto and Dakar will host a conference call following the release of the results on Thursday, November 10, 2011 at 8:00 AM (E.S.T.) to provide an update on the Company's operations and recently announced exciting exploration results.

Via Webcast:

A live webcast of the call will be available on the Company's website: http://www.terangagold.com/English/Investors/Presentations-and-Webcasts/default.aspx

The webcast can be directly accessed using the following link: http://www.gowebcasting.com/2979

Via Telephone:

For those preferring to listen by telephone, North American callers please dial Toll-free 877-440-9795 or Toronto callers 416-340-9432. International callers please dial Toll-free 800-2787-2090.

Replay archive:

Please dial 905-694-9451 or Toll-free 800-408-3053, access code 3231211. The conference call replay will expire in two weeks.

The webcast along with presentation slides will be archived for one year on the Company website.

About TERANGA

Teranga Gold Corporation is a Canadian-based gold company listed on the Toronto Stock Exchange (TSX:TGZ) and Australian Securities Exchange (ASX:TGZ). Teranga is principally engaged in the production and sale of gold, as well as related activities such as exploration and mine development.

Teranga was created to acquire the Sabodala gold mine and a large regional exploration land package, located in Senegal, West Africa, from Mineral Deposits Limited. Management believes the mine operation, together with the Company's prospective 1,488 km2 land package, provides the basis for growth in reserves, production, earnings and cash flow as new discoveries are made and processed through the Company's existing mill.

The Sabodala Gold Operation, which came into operation in 2009, is located 650 kilometres east of the capital Dakar within the West African Birimian geological belt in Senegal, and about 90 kilometres from major gold mines and discoveries in Mali.

The Company's mission is to create value for all of its stakeholders through responsible mining. Its vision is to explore, discover and develop gold mines in West Africa, in accordance with the highest international standards, and to be a catalyst for sustainable economic, environmental and community development. All of its actions from exploration, through development, operations and closure will be based on the best available techniques.

Contact Information:

Teranga Gold Corporation
Kathy Sipos
Vice-President of Investor Relations
+1 416-594-0000
ksipos@terangagold.com