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Re: Jim Bishop post# 248

Thursday, 04/22/2010 4:20:13 PM

Thursday, April 22, 2010 4:20:13 PM

Post# of 507
San Gold (Tier1) (TSX:SGR)(USD) $3.80 UP $0.29 (+8.26% smile

Bid 3.79
Ask 3.80
Volume 4,233,591
Days Range 3.31 - 3.80
Last Trade 4/22/2010 3:59:56 PM
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San Gold drills 13.3 m of 120.9 g/t Au at Rice Lake


2010-04-22 13:45 ET - News Release

Mr. Dale Ginn reports

SAN GOLD DRILLS HIGH GRADE IN NEW RL EAST ZONE INCLUDING 4.9 METERS OF 319 G/TONNE

http://finance.yahoo.com/q?s=SGR.V

http://finance.yahoo.com/news/San-Gold-Drills-High-Grade-in-iw-721105622.html?x=0&.v=1

San Gold Corp. has released encouraging results from underground exploration drilling, following up on the recent discovery of multiple new zones beyond the eastern extremities of the Rice Lake mine (see Stockwatch press releases dated Jan. 25 and March 31, 2010). These zones, collectively known as RL East, display remarkable widths as well as grade, and are hosted within structures that trend upward, toward the high-grade 007 zone, near surface. Drill hole No. 28-10-53 cut 121 grams per tonne (3.53 ounces per ton) over 13.3 metres (44 feet) and included a high-grade segment of 319 g/t (9.30 ounces per ton) over 4.9 m (15.9 feet) containing coarse visible gold. No. 28-10-80 encountered five individual zones within a wider, mineralized section of 50 m (164 feet) grading 4.8 g/t (0.14 ounce per ton).



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