Mr. Hugh Wynne of SGX reports

SGX EXTENDS TIMMINS NORTH DEPOSIT TO DEPTH

SGX Resources Inc.'s exploration drilling from surface has extended the Timmins North (formerly known as Black Pearl) deposit to depth by over 200 metres from previously known drilled limits. Drill hole SGX-11-87 intersected 9.1 grams per tonne (0.27 ounce per ton) over 2.5 metres (8.2 feet) at nearly 500 metres below surface, the deepest intersection obtained to date. Substantial widths were also encountered as in drill hole SGX-11-78, cutting 5.9 g/t (0.17 ounce per ton) over a drilled length of 7.2 metres (23.6 feet) at 300 m below surface. Infill drilling continues in the upper 200 m of the deposit in order to define and upgrade the deposit, while exploration drilling continues in order to extend the deposit along strike and to depth. Multiple intersections were obtained in a number of drill holes and visible gold was commonly observed. The Timmins North gold deposit is owned 50 per cent by San Gold Corp. and 50 per cent by SGX Resources with SGX being the operator. sgx news