Teranga Gold Corporation Provides Notice of Release of Q2 2012 Results, Conference Call and Webcast

Thu Aug 2, 2012 3:13pm EDT

* Reuters is not responsible for the content in this press release.

  TORONTO, ONTARIO, Aug 02 (MARKET WIRE) --
Teranga Gold Corporation announced today that it will release its full
financial and operating second quarter results on Wednesday, August 8,
2012, before market open, following which the Company will host a
Conference Call and Webcast.


                         Conference Call and Webcast                        
                                                                            
                Wednesday, August 8, 2012 at 9:00 AM (E.S.T.)               


    Via Telephone: 

    Toronto callers please dial 416-695-6616, those dialing in from elsewhere
in North American please dial toll-free 800-766-6630 and International
callers please dial toll-free 800-4222-8835.

    Via Webcast: 

    The webcast will be available on the Company's website: http://www.terang
agold.com/English/Investors/Presentations-and-Webcasts/default.aspx.

    The webcast can be accessed directly using the following link: 
http://www.gowebcasting.com/3614.

    Replay archive: 

    Please dial 905-694-9451 or Toll-free 800-408-3053, access code 1501740.
The conference call replay will expire in two weeks.  

    The webcast along with presentation slides will be archived for one year
on the Company website. 

    About TERANGA 

    Teranga Gold Corporation is a Canadian-based gold company listed on the
Toronto Stock Exchange (TSX:TGZ) and Australian Securities Exchange
(ASX:TGZ). Teranga is principally engaged in the production and sale of
gold, as well as related activities such as exploration and mine
development. 

    Teranga was created to acquire the Sabodala gold mine and a large
regional exploration land package, located in Senegal, West Africa, from
Mineral Deposits Limited. Management believes the mine operation,
together with the Company's prospective 1,450 km2 land package, provides
the basis for growth in reserves, production, earnings and cash flow as
new discoveries are made and processed through the Company's existing
mill. 

    The Sabodala Gold Operation, which came into operation in 2009, is
located 650 kilometres east of the capital Dakar within the West African
Birimian geological belt in Senegal, and about 90 kilometres from major
gold mines and discoveries in Mali. 

    The Company's mission is to create value for all of its stakeholders
through responsible mining. Its vision is to explore, discover and
develop gold mines in West Africa, in accordance with the highest
international standards, and to be a catalyst for sustainable economic,
environmental and community development. All of its actions from
exploration, through development, operations and closure will be based on
the best available techniques.

Contacts:
Teranga Gold Corporation
Kathy Sipos
Vice-President, Investor & Stakeholder Relations
+1 416-594-0000
ksipos@terangagold.com
www.terangagold.com

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