San Gold Appoints Ian Berzins as President and CEO

San Gold Appoints Ian Berzins as President and CEO 
WINNIPEG, MANITOBA -- (Marketwire) -- 03/25/13 -- San Gold
Corporation (TSX:SGR)(OTCQX:SGRCF) ("San Gold" or the "Company")
announced today that its Board of Directors has appointed Chief
Operating Officer Ian Berzins as the Company's President and Chief
Executive Officer. 
Mr. Berzins replaces George Pirie, who served as President and Chief
Executive Officer since December of 2010. 
"Mr. Berzins is a seasoned mining professional with a long history at
Rice Lake and provides significant on-the-ground experience and
leadership. The Board has every confidence in Mr. Berzins' ability to
take the Company forward and highlights the Company's focus on safe,
efficient production and exploration from existing operations. On
behalf of the Board, I would like to thank Mr. Pirie for his
important contributions and wish him well in his future endeavors,"
said Dale Ginn, San Gold's Executive Vice-Chairman. 
"I am honoured to have the opportunity to lead San Gold at this
important juncture in time as we push forward to profitability. The
Company has made significant investments in Rice Lake infrastructure
during the last few years and with an experienced team of mining
professionals in place the Company is better prepared to unlock the
value of our Rice Lake assets," said Mr. Berzins. 
Mr. Berzins joined San Gold in May 2008 as Chief Operating Officer.
He is a mining engineer with 30 years of experience in the mining
industry having worked in gold, oil sands, coal and base metals. He
previously held senior management positions with Sherwood Copper,
Albian Sands and Suncor Energy and served as General Manager of
several gold mines including Harmony Gold (Canada) Limited, Echo Bay
Mining (Lupin Operations) and Miramar Con Mine. He holds a Bachelor
of Science degree in mining engineering from Queen's University. He
is registered as a member of the Association of Professional
Engineers and Geoscientists of the Province of Manitoba. Mr. Berzins
also recently completed the Directors' education program at the
Haskayne School of Business in Calgary. 
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 listed 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     
Cautionary Note 
This news release includes certain "forward-looking statements". All
statements, other than statements of historical fact included in this
release, including, without limitation, statements regarding forecast
gold production, gold grades, recoveries, cash operating costs,
potential mineralization, mineral resources, mineral reserves,
exploration results, and future plans and objectives of San Gold, are
forward-looking statements that involve various risks and
uncertainties. These forward-looking statements include, but are not
limited to, statements with respect to mining and processing of mined
ore, achieving projected recovery rates, anticipated production rates
and mine life, operating efficiencies, costs and expenditures,
changes in mineral resources and conversion of mineral resources to
proven and probable mineral reserves, and other information that is
based on forecasts of future operational or financial results,
estimates of amounts not yet determinable and assumptions of
No stock exchange, securities commission or other regulatory
authority has approved or disapproved the information contained
San Gold Corporation
Ian Berzins
President and CEO
Toll Free: 1 (855) 585-4653 
San Gold Corporation
Dale Ginn
Executive Vice Chairman
Toll Free: 1 (855) 585-4653
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