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NYBob

05/20/09 4:07 PM

#179 RE: oldguy #178

SGR to make breakout :-)



SGR chart allert new breakout :-)

God Bless
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NYBob

06/15/09 10:58 AM

#186 RE: oldguy #178

San Gold Discovers New High Grade Zone East of Hinge Deposits
Thursday June 11, 2009, 7:33 am EDT
BISSETT, MB--(MARKET WIRE)--Jun 11, 2009 --



Dale Ginn, CEO of San Gold Corporation -
(CDNX:SGR.V - News) is pleased to announce that exploration
drilling has discovered a new high grade gold zone near
surface located approximately 0.5 kilometers to the east of
the developing Hinge zones and 2 kilometers to the north east
of San Gold's Rice Lake mine site and mill facility.
Drill testing of the next hinge axis or pathway target to the
east of the Hinge zone has led to this discovery and has
now been confirmed by a number of drill holes.
Hole #LM-09-22 encountered 25.4 g/tonne (0.74 oz/ton) over
2.1 meters (7.0 ft) within 100 meters of surface, with
numerous other drill holes confirming continuity over a 100
meter strike length so far.
This new discovery appears to be stratigraphically in the
same horizon as the Hinge #1 lens and may be an extension
of that zone.
Ongoing drilling will continue to fill in the 0.5 km
information void between the Hinge #1 lens and the new
discovery.

All of the drill hole intersections encountered so far, as
reported below are within 100 vertical meters of surface:


Gold g/tonne
Hole # From To Length (oz/ton) Zone

LM-09-22 100.6 m 102.7 m 2.1 m (7.0 ft) 25.4 (0.74) Cohiba

LM-09-16 115.7 m 117.7 m 2.0 m (6.6 ft) 14.1 (0.41) Cohiba

LM-09-14 110.0 m 112.0 m 2.0 m (6.6 ft) 21.4 (0.63) Cohiba

LM-09-06 113.8 m 115.5 m 1.7 m (5.6 ft) 4.1 (0.12) Cohiba

LM-09-02 99.6 m 100.7 m 1.1 m (3.6 ft) 13.7 (0.40) Cohiba

Dale Ginn, CEO of San Gold stated, "San Gold geologists,
led by Bill Ferreira continue to demonstrate incredible
success testing their in-house structural geological
model that they are using as an exploration guide.
We have discovered and developed six high grade Hinge
deposits within the space of one year, and are now already
looking to repeat that success with the discovery of this
nearby zone.
It is becoming obvious that the Hinge zone is not a 'one-off'
but part of a much larger mineralized system that has
infiltrated the multi-kilometer thick volcanic sequence
that was only partially prospected in the 1920s and 1930s.
Our understanding of this large 'camp scale' system is
accelerating rapidly within our large mine lease and
land position.
Discovery here can lead to immediate development and high
grade production as demonstrated by currently initiated
operations at the Hinge zones."

The mineralization and geological characteristics of this new
discovery are identical to the Hinge zones in every
respect including the presence of abundant visible gold.
Surface drilling continues to expand this deposit which
is completely open along strike and to depth.
Drilling is also targeting the next axis or pathway target
located approximately 0.5 kilometers to the west of
the Hinge deposits.
The currently known Hinge zones are located approximately
1.5 kms to the north-east of San Gold's operating Rice Lake
and mine and mill, and are fully accessible by San Gold's
private road, and all lie within San Gold's fully
permitted mine lease.

Location plans are available in the graphical version of
this press release at San Gold's website:
http://www.sangoldcorp.com.

This program was carried out under the supervision of W.S.
Ferreira, P.Geo., and D. Ginn, P.Geo., the Qualified
Persons for this project under National Instrument 43-101.
Exploration drill core is split, with half sent to TSL
Laboratories in Saskatoon, SK and fire assayed with an AA
and gravimetric finish.
Whole metallic assays were performed on samples
containing visible gold.
San Gold's quality control and assurance program includes
the insertion of standards, the retention of pulps and
rejects, and spot checks utilizing independent labs
including TSL Laboratories in Saskatoon, SK and
Accurassay Laboratories of Thunder Bay, ON.
The core lengths are actual lengths as drilled and have
not been adjusted for the true width of the mineralized zones.

For further information contact
Dale Ginn, CEO of San Gold Corporation,
at (204) 794-5818 or
investor information at 1-800-321-8564 or visit
http://www.sangoldcorp.com.

The TSX Venture Exchange does not accept responsibility
for the adequacy or accuracy of this release.
Contact:

Contact:
Dale Ginn
CEO
San Gold Corporation
(204) 794-5818

Investor Information
1-800-321-8564
http://www.sangoldcorp.com

http://finance.yahoo.com/news/San-Gold-Discovers-New-High-iw-15498304.html
--

Buy it now before all hobos jumps on the train and
you be one happy camper :-)