San Gold Corporation is a Canadian mining company focused on gold exploration and mining in the Rice Lake Greenstone Belt in SE Manitoba, Canada.  The Company’s Rice Lake Gold Project includes two mines: the deep underground, high-grade Rice Lake mine and the nearby near-surface, ramp accessed Hinge deposit. Both mines feed the 1250 ton per day Rice Lake mill which will be expanded to 1900 tons per day by the end of 2011. Both mines are in development and are anticipated to be producing a total of approximately 800 tons per day during 2009. 

In 2006, the Cartwright gold deposit was discovered 800 metres west of the Rice Lake mine and in early 2008 the high grade Hinge gold zone was discovered one kilometre east of the Rice Lake mine. The Hinge Zone is currently undergoing development production while intense surface and underground exploration is rapidly developing new high grade gold zones.

San Gold also owns or controls nearly 15,000 hectares of exploration lands along the Rice Lake Greenstone Belt of SE Manitoba.  The Company has increased its ore resources and reserves from 550,000 gold ounces (audited, all categories) when it acquired the Rice Lake Project in 2004 to over 1,600,000 gold ounces (audited, all categories) by the end of 2006.  A new 43-101 resource report will be prepared in the first quarter of 2010 and will include the substantial discoveries made in 2007, 2008 and 2009.