Wednesday 26th October 2016

Resource Clips

St Andrew reports Ontario Gold Assays as high as 13.81 g/t over 1.4m

St Andrew Goldfields Ltd TSX:SAS announced assay results from its Taylor Project in the Timmins Mining District, Ontario. Highlights include 12.1 g/t gold over 2.4 metres, 4.24 g/t over 5.2 metres, 7.27 g/t over 0.6 metres, 3.24 g/t over 10.5 metres (including 13.81 g/t over 1.4 metres), 3.52 g/t over 6 metres, 10.87 g/t over 1.5 metres, 2.11 g/t over 25.1 metres (including 56.4 g/t over 0.7 metres), 8.97 g/t over 1.4 metres and 4.94 g/t over 11.3 metres (including 30.2 g/t over 0.9 metres).

President/CEO Jacques Perron commented, “The recent results have a positive impact on the future potential of this project. We have been focussing our efforts on testing the extents of the two zones along the Bourgeois claim and are encouraged to see these zones also have the potential to extend further at depth. We intend to continue to work on the Taylor Project throughout the course of this year, and will be looking forward to the possibility of increasing the current level of resources in the future. Now that we have achieved our initial objectives and will have our first three mines in operation this year, it is time to assess future development projects such as Taylor that have a significant resource and existing infrastructure.”

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Jacques Perron

or Ben Au
CFO, VP Finance and Administration

by Ted Niles

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