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San Gold Appoints Michaud Vice President, Exploration

WINNIPEG, MANITOBA -- (Marketwire) -- 09/19/12 -- San Gold Corporation (TSX:SGR) (OTCQX:SGRCF) is pleased to announce the appointment of Michael Michaud as Vice President, Exploration.

"Michael is a great addition to the team. He is a skilled geologist with an excellent understanding of Archean high-grade gold deposits. He also brings a wealth of senior management experience and an excellent understanding of the opportunities available in the junior and mid-tier gold mining sectors," said George Pirie, San Gold's President and Chief Executive Officer.

Mr. Michaud is a professional geologist with over 25 years of experience in mineral deposit exploration and mining. He recently held the position of Vice President of Exploration for St. Andrew Goldfields Ltd. Prior to this, he was President and CEO of two junior mining and exploration companies, J-Pacific Gold Inc., and China Diamond Corp. Mr. Michaud also previously held executive positions with SRK Consulting Inc. and North American Palladium Inc. Mr. Michaud holds an Honors Earth Sciences degree from the University of Waterloo and a Master of Science degree from Lakehead University.

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.

Cautionary Note:

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

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