San Gold Tables Mineral Resource Estimate Update for Rice Lake Project Area (cnw)

SGR: TSX-V www.sangoldcorp.com

BISSETT, MB, Sept. 3 /CNW/ - Dale Ginn, CEO of San Gold Resources Corporation is pleased to report that a comprehensive, NI 43-101 compliant report has been completed for the Rice Lake project area that includes the Rice Lake, Hinge and SG1 mines as well as the 007, Cartwright, SG2/3 and Cohiba zones. This report was undertaken in order to make current all mineral resources deemed to be within the Rice Lake project area, to account for mining adjustments and to upgrade inferred resources at the 007 zone. The Resource tables are summarized below:

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                             SUMMARY OF RESOURCES