Santa Fe Gold Corp. (fka SFEG)

[Nose4News]

Santa Fe Gold Corp, Formerly Azco Mining Inc., Launches New Web Site to Reflect Corporate Name Change and New Strategic Direction


ALBUQUERQUE, N.M., Aug 22, 2007 (BUSINESS WIRE) -- Santa Fe Gold Corp (OTC
Bulletin Board: AZMN), formerly Azco Mining Inc., a U.S.-based mining and
exploration enterprise focused on gold, silver, copper and industrial minerals,
today announced the launch of its newly designed and updated web site, which can
be accessed at www.santafegoldcorp.com.

"The new web site reflects both the name change and the new direction we are
taking with the company," said Dr. Pierce Carson, CEO. "Our web site has a new
look and has been redesigned to facilitate navigation among the various
sections. We will be updating the site on a regular basis to keep shareholders
and interested parties apprised of news and corporate developments.

"The new site is meant to reflect Santa Fe Gold's strategic objective of
building a mid-tier precious metals exploration and mining company. We plan for
production to begin initially at our Summit silver-gold property, to be followed
by our Ortiz gold property. We also intend to expand our already substantial
resource base, which exceeds 2 million ounces of gold, through aggressive
exploration programs and acquisition of additional properties that have tangible
promise for development."

Santa Fe Gold Corp will continue to add functionality to the web site as it
prepares to submit a request to the NASD for a change in its ticker symbol.

About Santa Fe Gold Corp:

Santa Fe Gold Corp (OTCBB: AZMN) is a U.S.-based mining and exploration company
focused on acquiring and developing gold, silver, copper and industrial mineral
properties. The company owns the Summit silver-gold property and a mill site and
processing equipment in southwestern New Mexico; mineral lease rights to the
Ortiz gold property in north-central New Mexico, believed to contain two million
ounces of gold; the Black Canyon mica mine and processing facility near Phoenix,
Ariz.; and a large resource of micaceous iron oxide (MIO) in western Arizona.
Azco Mining intends to build a portfolio of high-quality, diversified mineral
assets with an emphasis on precious metals. To learn more about the company,
visit www.santafegoldcorp.com.

Forward Looking Statements:

The information contained herein regarding risks and uncertainties, which may
differ materially from those set forth in these statements, in addition to the
economic, competitive, governmental, technological and other factors,
constitutes a "forward-looking statement" within the meaning of Section 27A of
the Securities Act of 1933, as amended, Section 21E of the Securities Exchange
Act of 1934, as amended, and the Private Securities Litigation Reform Act of
1995 and is subject to the safe harbors created thereby. While the company
believes that the assumptions underlying such forward-looking information are
reasonable, any of the assumptions could prove inaccurate and, therefore, there
can be no assurance that the forward-looking information will prove to be
accurate. Accordingly, there may be differences between the actual results and
the predicted results, and actual results may be materially higher or lower than
those indicated in the forward-looking information contained herein.

SOURCE: Santa Fe Gold Corp


CONTACT: Investor Relations Contact for Santa Fe Gold Corp
Premier Media Services
Kelly Black, 866-465-6551 or 480-649-8224
[e-mail]


Copyright Business Wire 2007



KEYWORD: United States
North America
Arizona
New Mexico
INDUSTRY KEYWORD: Natural Resources
Mining/Minerals