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San Gold Corporation : San Gold Appoints Torben Jensen as Vice President, Corporate Development

05/01/2012| 08:23pm US/Eastern
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SAN GOLD CORPORATION

TSX: SGR | OTCQX: SGRCF

FOR IMMEDIATE RELEASE May 1, 2012

San Gold Appoints Torben Jensen as Vice President, Corporate Development

WINNIPEG, MANITOBA -- San Gold Corporation (TSX: SGR) (OTCQX: SGRCF) today announced the appointment of Torben Jensen as Vice President, Corporate Development.
"I am very pleased to have Torben join our team. He is a great addition and adds an incredible amount of experience and depth to our Company. I am thrilled to once again be working with Torben," said San Gold President and CEO George Pirie.
Mr. Jensen is a mining engineer with 34 years of experience in the mining industry having worked in zinc, copper, lead, nickel, gold, silver, uranium, coal, asbestos, potash, and diamonds. Most recently, he was Vice President, Engineering, with Breakwater Resources Ltd. where he worked alongside Mr. Pirie. Mr. Jensen has also held senior management positions with Black Hawk Mining Inc. and Canadian Mine Development. His experience has ranged from on-site production engineering to senior head office engineering positions and most recently corporate development. He is registered as a member of the Association of Professional Engineers of the Province of Ontario.

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 or contact:

George Pirie

Tim Friesen

President and CEO

Communications Director

1 (416) 214-0024

1 (855) 585-4653

Cautionary Note

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

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