SIGNED WITH SASKPOWER

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Stock Symbol: SGF: TSX




SASKATOON, March 31 /CNW/ - George H. Read, P. Geo., Senior Vice
President Exploration and Development, is pleased to announce that
Shore Gold Inc. ("Shore" or "the Company") has entered into a
Construction Agreement with the Saskatchewan Power Corporation
("SaskPower") to design and construct a 230 kilovolt power line of some
21 kilometres, to the Company's Star - Orion South Diamond Project (the
"Project") by mid to late 2013.


Senior Vice President Exploration and Development, George Read, states:
"The execution of this Construction Agreement with SaskPower is an
important step in the process leading up to the development and
operation of Saskatchewan's first diamond mine, and ensures SaskPower
will have the generation capacity required for the Project's
anticipated power requirements. This agreement with SaskPower maintains
the Project development schedule proposed by the Prefeasibility Study
released last year, which anticipates diamond production in 2016."


Shore is a Canadian based corporation engaged in the acquisition,
exploration and development of mineral properties. Shares of the
Company trade on the TSX Exchange under the trading symbol "SGF".


Caution Regarding Forward-Looking Statements


This news release contains forward-looking statements within the meaning
of certain securities laws, including the "safe harbour" provisions of
Canadian securities legislation and the United States Private
Securities Litigation Reform Act of 1995. Forward-looking information
is often, but not always, identified by the use of words such as
"anticipate", "believe", "expect", "plan", "intend", "forecast",
"target", "project", "guidance", "may", "will", "should", "could",
"estimate", "predict" or similar words suggesting future outcomes or
language suggesting an outlook. In particular, statements regarding
Shore's future operations, future exploration and development
activities or other development plans constitute forward-looking
statements. Forward-looking statements in this press release include,
but are not limited to, statements related to the anticipated
construction timelines of the SaskPower line, anticipated power
requirement for the proposed diamond mine, and statements relating to
the development schedule, operation and production of the Star-Orion
South diamond mine.


All forward-looking statements and information are based on Shore's
current beliefs as well as assumptions made by and information
currently available to Shore concerning anticipated financial
performance, business prospects, strategies, regulatory developments,
development plans, exploration, development and mining activities and
commitments. Although management considers these assumptions to be
reasonable based on information currently available to it, they may
prove to be incorrect.


By their very nature, forward-looking statements involve inherent risks
and uncertainties, both general and specific, and risks exist that
predictions, forecasts, projections and other forward-looking
statements will not be achieved. We caution readers not to place undue
reliance on these statements as a number of important factors could
cause the actual results to differ materially from the beliefs, plans,
objectives, expectations, anticipations, estimates and intentions
expressed in such forward-looking statements. These factors include,
but are not limited to, developments in world diamond markets, changes
in diamond valuations, risks relating to fluctuations in the Canadian
dollar and other currencies relative to the US dollar, changes in
exploration, development or mining plans due to exploration results and
changing budget priorities of Shore or its joint venture partners, the
effects of competition in the markets in which Shore operates, the
impact of changes in the laws and regulations regulating mining
exploration and development, judicial or regulatory judgments and legal
proceedings, operational and infrastructure risks and the additional
risks described in Shore's most recently filed Annual Information Form,
annual and interim MD&A, and Shore's anticipation of and success in
managing the foregoing risks.




Shore cautions that the foregoing list of factors that may affect future
results is not exhaustive. When relying on our forward-looking
statements to make decisions with respect to Shore, investors and
others should carefully consider the foregoing factors and other
uncertainties and potential events. Unless required by applicable
securities legislation, Shore does not undertake to update any
forward-looking statement that may be contained herein.




For further information:

Joseph Dickson, Investor Relations Manager at (306) 667-3505 and http://www.shoregold.com/">www.shoregold.com