Santa Fe Gold Corporation announced the closing on the acquisition of an ideally situated property in Duncan, Arizona for the construction of their planned ore processing mill. The site is situated approximately 15 miles from their mines located in New Mexico and was chosen because the regulations and permitting in Arizona are more favorable for the operations as planned when construction at the site is completed. The mill site currently consists of 11.23 acres, has truck scales and two building structures. The Company has received the completed report from the retained engineering firm in Denver, Colorado. The report provides the design for the mill layout, necessary equipment and the testing of the process to maximize recovery of precious metals. The construction company chosen to build the mill is currently in process of locating the required equipment to construct the site and the equipment availability time line.