San Gold Reports Strong Quarterly Gold Production, Exploration Results, and Provides Notice of Third Quarter 2011 Financial Results Conference Call

WINNIPEG, MANITOBA–(Marketwire – Oct. 6, 2011) – San Gold Corporation (TSX:SGR)(OTCQX:SGRCF) (“San Gold” or the “Company”) reports preliminary operating results for the third quarter of 2011 and is providing drilling results from its SG1 Mine Area and from a portion of the Shoreline Basalt. The Company is also announcing that it plans to report third quarter 2011 financial results before market open on Tuesday, November 15, 2011, and that senior management will host a conference call that day at 11:00 am Eastern Standard Time.