SouthGobi Resources to Announce First Quarter 2012 Financial Results On May 14, 2012 Conference Call to Discuss Results

HONG KONG, CHINA -- (Marketwire) -- 05/03/12 -- SouthGobi Resources Ltd. (TSX: SGQ)(HKSE: 1878) will release its first quarter 2012 financial results before TSX market open on Monday, May 14, 2012.

The company will host a conference call and audio webcast to discuss first quarter 2012 financial results and provide an update on the company's operations. Date and time of the call for various regions will be as follows:

--  Monday, May 14, 2012 at 7:00 p.m. EST / 4:00 p.m. PST
--  Tuesday, May 15, 2012 at 7:00 a.m. Hong Kong Time

Conference call details:

The conference call may be accessed through the following dial-in details:

North America toll-free:   416-340-8530 / 877-240-9772
Hong Kong toll-free:       001-800-2787-2090
UK toll-free:              00-800-2787-2090
Australia toll-free:       0011-800-2787-2090
International:             International access code + 800-2787-2090

The archived playback will be available on the company website, www.southgobi.com until May 14, 2013.

Contacts:

SouthGobi Resources Limited (Hong Kong)

Dave Bartel

Vice President External Affairs and Investor Relations

+852 2156 7023


SouthGobi Resources Limited (Vancouver)

Steven Feldman

Investor Relations Manager

+1 604 331 9813
www.southgobi.com