BISSETT, MB, Nov. 6, 2009 (Marketwire) -- Dale Ginn, CEO of San Gold Corporation (TSX-V: SGR), is pleased to announce that surface exploration drilling has discovered a new collection of mineralized zones known as L-13, located approximately 500 meters to the west of the Hinge zones and 1 km to the northeast of the Rice Lake mine and mill. These zones are also located directly under the existing Hinge zone decline access at approximately the half way point between the decline collar and the Hinge zones under current development. The lower zone or L-13 #2 appears to host the strongest mineralization of the zones to date as highlighted by the deepest drill hole #KL-09-29 which encountered 45 g/tonne (1.31 oz/ton) over 3.1 meters (10.2 ft) at 275 meters (900 ft) below surface. The L-13 zones have been confirmed by a number of drill holes as listed below, and have identified at least three "stacked" lenses to date within a 300 meter strike length. Surface drilling continues to expand the zones which are open along strike and to depth.
Fourteen intersections are reported within fourteen drill holes below:
Gold g/tonne
Hole # From To Length (oz/ton) Zone
-------- ------- ------- --------------- ------------- ---------
KL-09-20 234.3 m 237.0 m 2.7 m (8.9 ft) 10.6 (0.31) Lower #2KL-09-21 261.3 m 262.8 m 1.5 m (5.0 ft) 6.8 (0.20) Lower #2
KL-09-22 224.6 m 230.7 m 6.1 m (20.0 ft) 5.1 (0.15) Lower #2
KL-09-27 232.5 m 232.8 m 0.3 m (1.0 ft) 92.8 (2.71) Lower #2
KL-09-28 171.9 m 173.5 m 1.6 m (5.3 ft) 22.9 (0.67) Lower #2
KL-09-29 281.1 m 284.2 m 3.1 m (10.2 ft) 44.9 (1.31) Lower #2
KL-09-42 241.1 m 243.4 m 2.3 m (7.6 ft) 19.2 (0.56) Lower #2
GC-09-005 343.3 m 344.5 m 1.2 m (4.0 ft) 4.1 (0.12) Lower #3
GC-09-006 358.8 m 361.5 m 2.7 m (8.9 ft) 13.0 (0.38) Lower #3
KL-09-14 133.2 m 134.2 m 1.0 m (3.3 ft) 13.0 (0.38) Upper #1
KL-09-15 147.6 m 149.7 m 2.1 m (6.9 ft) 3.4 (0.10) Upper #1
KL-09-16 126.6 m 127.3 m 0.7 m (2.3 ft) 4.1 (0.12) Upper #1
KL-09-17 141.4 m 143.0 m 1.6 m (5.3 ft) 2.7 (0.08) Upper #1
KL-09-19 198.3 m 199.3 m 1.0 m (3.3 ft) 5.5 (0.16) Upper #1
The L-13 area is the third high grade discovery made within the past 18 months using a geological targeting model that has identified a repetitive structural pattern. The first zone, the Hinge Zone discovered in April 2008, is now entering production following a successful bulk sampling program completed in July 2009, the second is the Cohiba zone located 500 meters to the east of the Hinge zone (see press releases dated Sept 9 and June 11, 2009).
