Teranga Gold Corporation Provides Notice of Release of Q3 2012 Results, Conference Call and Webcast

Sun Nov 4, 2012 8:00pm EST

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

  TORONTO, ONTARIO, Nov 04 (MARKET WIRE) --
Teranga Gold Corporation (TSX:TGZ)(ASX:TGZ) announced today that it will
release its full financial and operating third quarter results on
Thursday, November 8, 2012, before market open, following which the
Company will host a Conference Call and Webcast. The call will also be
available on replay for those that are not able to participate.

    Conference Call and Webcast 

    Thursday, November 8, 2012 at 9:00 AM (E.S.T.)

    Via Telephone: 

    Toronto callers please dial 416-695-7806, those dialing in from elsewhere
in North America please dial toll-free 888-789-9572 and International
callers please dial toll-free 800-6578-9818. Participant Passcode:
7872307

    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/3615 

    Replay archive: 

    Please dial 905-694-9451 or Toll-free 800-408-3053, passcode: 5703633.
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,
within the West African Birimian geological belt. Management believes the
mine operation, together with the Company's prospective 1,330 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 Company is focused on growth - growth in
reserves, growth in production - while building a strong balance sheet to
facilitate its actions.

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

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