WINNIPEG, MANITOBA--(Marketwire - March 25, 2013) - San Gold Corporation (TSX:SGR)(OTCQX:SGRCF) ("San Gold" or the "Company") announced today that its Board of Directors has appointed Chief Operating Officer Ian Berzins as the Company's President and Chief Executive Officer.

Mr. Berzins replaces George Pirie, who served as President and Chief Executive Officer since December of 2010.

"Mr. Berzins is a seasoned mining professional with a long history at Rice Lake and provides significant on-the-ground experience and leadership. The Board has every confidence in Mr. Berzins' ability to take the Company forward and highlights the Company's focus on safe, efficient production and exploration from existing operations. On behalf of the Board, I would like to thank Mr. Pirie for his important contributions and wish him well in his future endeavors," said Dale Ginn, San Gold's Executive Vice-Chairman.

"I am honoured to have the opportunity to lead San Gold at this important juncture in time as we push forward to profitability. The Company has made significant investments in Rice Lake infrastructure during the last few years and with an experienced team of mining professionals in place the Company is better prepared to unlock the value of our Rice Lake assets," said Mr. Berzins.

Mr. Berzins joined San Gold in May 2008 as Chief Operating Officer. He is a mining engineer with 30 years of experience in the mining industry having worked in gold, oil sands, coal and base metals. He previously held senior management positions with Sherwood Copper, Albian Sands and Suncor Energy and served as General Manager of several gold mines including Harmony Gold (Canada) Limited, Echo Bay Mining (Lupin Operations) and Miramar Con Mine. He holds a Bachelor of Science degree in mining engineering from Queen's University. He is registered as a member of the Association of Professional Engineers and Geoscientists of the Province of Manitoba. Mr. Berzins also recently completed the Directors' education program at the Haskayne School of Business in Calgary.