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SAS Receives Positive Ruling from Court of Appeal on Holt Royalty

St Andrew Goldfields Ltd. (T-SAS), ("SAS" or the "Company") announces a net loss for the first quarter 2011 of $2.8 million, or $0.01 per share. Adjusted net loss for the quarter was $2.9 million, or $0.01 per share.

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San Gold Reports Improved Results

George Pirie, President and CEO of San Gold Corporation, (TSX: SGR) (OTCQX: SGRCF) released the company’s first quarter 2011 financial statements today. They reflect a large improvement in performance at the Rice Lake Project in Bissett. Mr. Pirie said “that San Gold continues to be one of the most exciting gold mining and exploration companies in Canada with huge gold potential.

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Pelangio Exploration Grants Options

TORONTO, Ontario, (May 9, 2011) – Pelangio Exploration Inc. (PX:TSX-V; PGXPF:OTC) (“Pelangio” or the “Company”) is pleased to announce that the Board of Directors has approved the grant of 150,000 options to certain geological consultants of the Company, which options are exercisable into common shares of the Company at a price of $0.61 per share. Subject to the rules of the TSX Venture Exchange and the Company's Stock Option Plan the options have a term of five years and will expire on May 9, 2016.

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SAS Reports 2011 First Quarter Results

St Andrew Goldfields Ltd. (T-SAS), ("SAS" or the "Company") announces a net loss for the first quarter 2011 of $2.8 million, or $0.01 per share. Adjusted net loss for the quarter was $2.9 million, or $0.01 per share. 

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Pelangio Exploration Intersects 1.53 GPT Gold Over 42 Metres At Pokukrom East On The Manfo Property

TORONTO, Ontario (May 5, 2011) – Pelangio Exploration Inc. (PX:TSX-V; PGXPF:OTC) (“Pelangio” or the “Company”) is pleased to announce results from 10 additional diamond drill holes totaling 1,807 metres at the Pokukrom East gold zone on the Manfo Property in Ghana. Highlights of the results reported today include

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