St Andrew Goldfields Ltd. Drilling at Garrison Creek Continues to Expand Zones of Gold Mineralization

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

TORONTO, March 23 /CNW/ - St Andrew Goldfields Ltd. (T-SAS), ("SAS" or the "Company") is pleased to announce exploration results from the Garrison Creek Project, where recent drilling has continued to extend the zone of gold mineralization. The Garrison Creek Project is located in the Timmins Mining District, approximately 20 kilometres due west of the Holloway-Holt Mine and is 90% owned by the Company and 10% by Goldcorp (Canada) Inc.


Highlights:

Syenite Target

- Hole GC10 - 018 0.93 g/t Au over 46.1 metres
including 7.92 g/t Au over 3.5 metres

- Hole GC10 - 021 0.95 g/t Au over 33.6 metres
including 19.40 g/t Au over 0.65 metres

Porcupine-Destor Fault Zone ("PDFZ") Target

- Hole GC10 - 020 1.15 g/t Au over 89.5 metres
including 3.20 g/t Au over 20.0 metres

During 2010, SAS commenced a surface drilling program on the Garrison Creek Project ("Garrison Creek") to assess a number of conceptual targets and/or where limited historical exploration returned encouraging results. The targeted rocks are situated within the Garrison Fault zone, a northwest-striking structure that cross-cuts lithological units and earlier regional structures. Initial drilling in 2010 revealed high gold grades associated with abundant quartz veins within a much wider, prospective zone of alteration and lower grade gold mineralization. To date, the most significant drilling has intersected sheared and heavily veined syenite with hole GC10-06 returning 0.81 g/t Au over 187.6 metres; which includes a central higher grade zone averaging 4.42 g/t Au over 22.9 metres (see press release dated September 15, 2010, available under the Company's profile on SEDAR at www.sedar.com or on the SAS website at www.sasgoldmines.com).

Recent drilling has continued to extend this intermittent zone of lower grade mineralization, with associated higher grade, narrow sections, over a strike length of approximately 250 metres and from surface to a vertical depth of 500 metres. Recent drilling returned 0.93 g/t Au over 46.1 metres (including 7.92 g/t Au over 3.5 metres) in hole GC10-018; and 0.95 g/t Au over 33.6 metres (including 19.40 g/t Au over 0.65 metres) in hole GC10-021. Based on a reinterpretation of the geophysical data, the drilling is being focussed on east-west trending geological structures that crosscut the syenite body and could represent "feeder" structures that could be host to elevated concentrations of gold. Drilling also continues along strike of the Garrison Fault, within the syenite where aeromagnetic surveys suggest there exists 600 metres or more of strike length that remains untested.

Limited drilling on the second target near to the PDFZ has returned 3.20 g/t Au over 20 metres, within a zone that returned 1.15 g/t Au over 89.5 metres in drill hole GC10-020. The mineralization is hosted within strongly sheared and heavily altered ultramafic metavolcanic rocks that are cross-cut by syenite dykes. Drill hole GC11-001 tested down dip of the intercept in GC10-020 and has so far returned 0.68 g/t Au over 27.7 metres, with further assays pending. The encouraging results from those two drill holes lie 200 metres along strike from drill hole GC10-003 that returned 35.5 g/t Au over 1.5 metres (see press release dated September 15, 2010, available under the Company's profile on SEDAR at www.sedar.com or on the SAS website at www.sasgoldmines.com) and also 50 metres along strike from historical drill hole 46-16 that returned 2.49 g/t Au over 13.2 m. Further drilling will be designed to test the continuity of those shallow intercepts both down dip and along strike of GC10-020.

Significant intercepts from the most recent drilling completed to date are summarized below.

Summary of Garrison Creek Drilling Program (Recent Drilling)

            Intersection (Metres) Core Length         Gold Grade
Hole Number From           To        Metres   Grams per Tonne (g/t)
GC10 - 018  516.4           562.5        46.1                  0.93
  including 535.5           539.0         3.5                  7.92
GC10 - 020   75.5           165.0        89.5                  1.15
  including 107.5           127.5        20.0                  3.20
GC10 - 021  474.9           508.5       33.60                  0.95
  including 474.9           475.5         0.7                 19.40
GC10 - 023C 376.5           385.5         9.0                  1.03
GC10 - 024  254.0           255.5         1.5                  6.01
GC10 - 024  355.0           355.6         0.6                 26.20
GC10 - 025  132.0           156.0        24.0                  0.68
GC10 - 025  273.0           274.5         1.5                  3.98
GC11 - 001  150.0           177.7        27.7                  0.68

Note: All lengths are reported as core length as true width is not available at this time

"We are pleased with the progress of the ongoing exploration program at the Garrison Creek Project, our most grass roots exploration target being worked thus far", said Jacques Perron, President & CEO of SAS. "We will continue to test this area in 2011 with a planned drilling program consisting of 9,500 metres of drilling in order to identify areas of elevated gold grades over significant widths."


Drilling, Assaying and QA/QC

Surface drilling at the Garrison Creek Project was completed by Orbit Garant Drilling Inc. Analytical work was performed by SGS Laboratories in Sudbury, an accredited lab. SAS utilized a quality control/quality assurance program consisting of a number of sample standards and blanks that were inserted into the sample string, which represented approximately 5% of the total sample population.


Qualified Person

The exploration program on the Company's various mineral properties are under the supervision of Michael Michaud, P.Geo, the Company's Vice President of Exploration. Mr. Michaud is SAS' qualified person as defined by NI 43-101, and has reviewed and approved this news release.


About SAS

SAS (operating as "SAS Goldmines") is a gold mining and exploration company with an extensive land package in the Timmins mining district, northeastern Ontario, which lies within the Abitibi greenstone belt, the most important host of historical gold production in Canada. SAS is focussed on developing its assets in the Timmins Camp, with current and near-term production and exploration activities across its 120km land package straddling the Porcupine-Destor Fault Zone.



FORWARD-LOOKING INFORMATION

This news release contains forward‐looking information and forward-looking statements (collectively, "forward-looking information") under applicable securities laws, concerning the Company's business, operations, financial performance, condition and prospects, as well as management's objectives, strategies, beliefs and intentions. Forward-looking information is frequently identified by such words as "may", "will", "plan", "expect", "estimate", "anticipate", "believe", "intend" and similar words referring to future events and results. Specifically this news release contains forward-looking information regarding the interpretation of exploration results received to date from the Garrison Creek Project and the continuance and extent of additional exploration programs on this project throughout 2011. This forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied by the forward‐looking information. Factors that may cause actual results to vary materially include, but are not limited to, uncertainties relating to the interpretation of the geology, continuity, grade and size estimates of the mineral reserves and resources, unanticipated operational or technical difficulties which could escalate operating and/or capital costs, fluctuations in gold prices and exchange rates, insufficient funding or delays or inability to raise additional financing as required on satisfactory terms, changes in laws or regulations, changes in general economic conditions and changes in conditions in the financial markets. Such forward looking information is based on a number of assumptions, including but not limited to, the level and volatility of the price of gold, the accuracy of reserve and resource estimates and the assumptions on which such estimates are based, the ability to achieve capital and operating cost estimates, the sufficiency of the Company's cash flows and reserves to achieve its exploration objectives, the ability to attract and maintain adequate skilled personnel to operate its mines and to conduct its exploration programs, and no significant decline in general business and economic conditions. Should one or more risks and uncertainties materialize or should any assumptions prove incorrect, then actual results could vary materially from those expressed or implied in the forward-looking information and accordingly, readers are cautioned not to place undue reliance on this forward‐looking information. SAS does not assume the obligation to revise or update this forward‐looking information after the date of this release or to revise such information to reflect the occurrence of future unanticipated events, except as may be required under applicable securities laws.



For further information:

For further information about St Andrew Goldfields Ltd., please contact:
Tel: 1-800-463-5139 or (416) 815-9855; Fax: (416) 815-9437; Website: www.sasgoldmines.com

Suzette N Ramcharan
Manager, Investor Relations
Email: sramcharan@sasgoldmines.com
Jacques Perron
President & CEO
Email:jperron@sasgoldmines.com
Ben Au
CFO, VP Finance & Administration
Email:bau@sasgoldmines.com