St Andrew Goldfields (SAS)

[geodan]

Excellent News 23,317 ounces of gold

TORONTO, Oct. 15, 2015 /CNW/ - St Andrew Goldfields Ltd. (TSX-SAS) (OTCQX-STADF), ("SAS" or the "Company") is pleased to report its third quarter ("Q3 2015") production of 23,317 ounces of gold.

"Our third quarter production was in line with expectations and we are reiterating that the 2015 production will reach the higher end of our production guidance of 85,000 – 95,000 ounces for the Holt and Holloway Mines. Once the Taylor Mine is fully permitted, the Company will update its guidance based upon the expected Taylor production for the remainder of the year. The permitting process is progressing as expected and we expect to have Taylor in commercial production in the very near term," said Duncan Middlemiss, President and Chief Executive Officer of SAS.