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San Gold Corporation

03:36 PM EST - San Gold Corporation : provided updated drilling results from its underground program on 26 Level of the Rice Lake mine. The Company continues to enjoy exploration success with drilling to the west of the recently discovered 710 and 710 HW zones. A new zone of gold mineralization is emerging with a strike length now in excess of 400 metres. The recent drilling returned high-grade gold values over significant widths from quartz veins and associated alteration that are interpreted to be similar to the vein orientations of the 16 and 38 type veins of the Rice Lake mine. Highlights include drill hole 614-13-015 which returned 10.6 g/t Au over 11.0 metres and drill hole 614-13-021 which returned 10.5 g/t Au over 6.9 metres. San Gold Corporation shares T.SGR are trading unchanged at $0.17.