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St Andrew Goldfields Ltd Announces Re-filing of Documents


Thursday, 20 Sep 2012 08:05pm EDT 

St Andrew Goldfields Ltd announced that it has filed on SEDAR (www.sedar.com) amended versions of the 2011 Annual Report, Annual Information Form and annual Management Discussion and Analysis to correct an error in the stated amount of inferred mineral resources for the Holt and Holloway Mines. The amended and restated inferred mineral resources as at the year ended December 31, 2011, is 1,045,000 tonnes at an average grade of 6.81 g/t Au for 229,000 ounces for the Holt Mine, and 2,755,000 tonnes at an average grade of 5.10 g/t Au for 452,000 ounces for the Holloway Mine. The inferred mineral resources at the Holt Mine were overstated by 665,000 ounces (3,791,000 tonnes at an average grade of 5.46 g/t Au). The inferred mineral resources at the Holloway Mine were overstated by 44,000 ounces (269,000 tonnes at an average grade of 5.09 g/t Au). The measured and indicated mineral resources as well as the mineral reserves at Holt and Holloway as at the year ended December 31, 2011, have been reviewed in detail and there is no change to the previously reported numbers. 

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