White Tiger Gold's Savkino Project Awarded Regional Investment Project (ccnm)

TORONTO, ONTARIO--(Marketwire - March 27, 2012) - White Tiger Gold Ltd. ("White Tiger") (TSX:WTG) announced today, that the Government of Zabaikal Region in Russia, has awarded to the Company's 100%-owned Savkino Project, operated by its subsidiary LLC Ildikangold, the status of "Regional Investment Project."

"This award validates the potential of the Savkino Project in Russia. The project won a competitive selection by the Government of Zabailkal Region based on its economic value for the region, social efficiency, and utilization of modern technologies and equipment," said Daniel Major, President and CEO of White Tiger Gold Limited.

Under the assigned status and legislation of the Russian Federation, LLC Ildikangold will be provided with the financial support, effective January 1, 2012, from the Government of Zabaikal Region as follows:

1. Partial subsidizing of loans interest rate from the regional budget funds, this can equate up to a third of the Central Bank of Russia refinancing;

2. Partial compensation of lease payments under the current LLC Ildikangold lease contract with respect to the trucks and other heavy equipment.

About White Tiger Gold

White Tiger Gold Ltd. is a TSX-listed mining and exploration company, focused on the development of mineral resources in Canada, the Russian Federation and Peru.