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St Andrew Updates Timmins Exploration and Development Programs

St Andrew Updates Timmins Exploration and Development Programs

OAKVILLE, ONTARIO -- (MARKET WIRE) -- 03/30/07 -- St Andrew Goldfields Ltd. (TSX: SAS) ("St Andrew") is pleased to provide an update of activities at its Timmins Exploration and Development Programs.

Taylor Advanced Exploration Project

The Taylor Advanced Exploration Project ("AEP") commenced in October 2005 with the establishment of surface infrastructure and facilities and site clearing for the surface box cut for the Taylor decline ramp. The construction of a box-cut and a 3,000 metre decline ramp commenced in March 2006 to access the Taylor Shaft, Upper Porphyry and West Porphyry Zones for underground delineation and drilling and metallurgical testing.

To date the Main Taylor Decline Ramp has advanced a total of 500 metres, the Taylor Shaft Zone has been accessed and the existing Taylor Shaft workings have been partly rehabilitated in order to investigate the Taylor Shaft Zone mineralization. Drill stations have been established in the Main Taylor Decline Ramp and an underground drill program has commenced to allow delineation drilling of mineralized areas in the Taylor Shaft, Upper Porphyry and West Porphyry Upper areas to be undertaken as the decline advances.

Scott Wilson RPA described and concurred with the Taylor Advanced Exploration Project work plan and the proposed $17.9 million budget in their NI 43-101 technical report titled "Technical Report on the Taylor, Clavos, Hislop, and Stock Properties in the Timmins Area, Northeastern Ontario" dated October 2, 2006 (the "Timmins Technical Report").

Hislop Property Exploration Project

In the fourth quarter 2006 and first quarter 2007 the Company continued an exploration and drilling program for the Hislop Property to investigate and explore the potential for extending the zones of open-pit mineralization on strike and at depth of the existing mineralization of the West Zone, Shaft Zone and the South Area areas at the Hislop Mine. This exploration program was Stage 1 of a two stage exploration program recommended in the Timmins Technical Report by Scott Wilson RPA.

To date a total of 19 drill holes totaling 2987 metres have been completed, assay results from the mineralized areas are not complete. At the same time existing drill cores from previous drill programs both underground and on surface have been split and resampled. Results are pending.

The Company plans to use the existing drill database to construct a block model which will be completed after the assay results from the current drill and resampling programs are received. On the completion of this exercise a block model will be finalized, a resource calculated and preliminary open pit mining studies will be undertaken. Upon completion of favourable modeling and mining studies, St Andrew will commence the second stage pre-stripping to expose any mineralization for bulk ore testing.

Aquarius Project

In October 2006 the Company engaged SRK Consulting (US), Inc. of Lakewood Colorado USA ("SRK") to refine the geologic model and prepare a bankable feasibility study for the Aquarius Project.

Scott Wilson RPA Scott Wilson prepared a NI-43-101 Technical Report titled "Technical Report on the Aquarius Project, Timmins, Ontario, CANADA" dated October 2, 2006 which recommended a number of areas to be investigated during the preparation of the feasibility study to refine the geologic model for the Aquarius Deposit.

Work to date has included implementing a number of the recommendations with the construction of a geologic model of the Aquarius Deposit incorporating a review of the deposit geology with the objective of recognizing structures, lithologies, associated minerals or elements, alteration patterns, physical properties or other parameters that can be used to recognize and outline zones hosting the gold mineralization.

SRK have also completed review of previous investigations and analyses conducted on the Aquarius Project, particularly the freeze wall system. The environmental permitting requirements for the Aquarius Project have also been reviewed.

The geologic aspects of the Aquarius Project is being supervised by Warren Bates, P. Geo. who is a qualified person as defined under NI 43-101. The technical aspects, including supervision of the SRK feasibility work, is being supervised by Karl M. Kolin, P.Eng. of Boulder, Colorado USA who is a qualified person as defined under NI 43-101.

Holloway Holt Gold Mine

Scott Wilson RPA prepared a NI 43-101 Technical Report titled "Technical Report on the Holloway-Holt Mining Project, Northeastern Ontario, CANADA" dated October 2, 1006 (the "2006 Holloway-Holt Technical Report"),

From November 2006 to date St Andrew has begun to implement the recommendations of the Holloway-Holt Technical Report for the planning and development work required to reach a production decision for the Holloway-Holt Mine in the first half of 2007. These activities include the following:

- At the Holloway mine, Heath and Sherwood of Kirkland Lake, Ontario has commenced an underground drilling program at the Blacktop Section of the mine to delineate and define reserves and resources;

- At the Holt mine, Garant Bros. Diamond Drilling Inc. of Rouyn Noranda, Quebec have commenced an underground drilling program in the No. 4 Section of the mine to delineate and define reserves and resources;

- At the Holloway mine, St Andrew crews commenced underground development activities in early December 2006 in the Blacktop section to access and prepare this section of the mine for exploration and test mining activities. Where development has taken place on mineralized material this has been hoisted to surface and stockpiled for milling at the Holloway-Holt Gold Mill when restarted. A total of approximately 5,000 tonnes of Blacktop section mineralized material was tested at Stock Gold Mill during the first quarter 2007;

- At the Holt mine, St Andrew has engaged the services of Dumas Contracting Ltd to conduct underground development activities in the No. 4 section to access and prepare this section; and

- Additionally at the Holt mine, crews will commence the underground development activities to access the No. 6 section of the mine.

Qualified Persons

Geological activities at the St Andrew Exploration and Development Projects are being supervised by Warren Bates, P. Geo, the Company's Vice-President, Exploration (Mr. Bates has over 20 years of experience in the mining industry). Mine development activities are under the general supervision of Claude Schimper, the Company's Vice-President, Timmins Operations. Mr. Schimper has over 20 years of experience in the mining industry. Mr. Bates is a qualified person as defined under NI 43-101.

St Andrew is a gold mining and exploration company producing gold from the Stock Gold Complex in Timmins, Ontario and the Nixon Fork Gold Mine in Alaska. St Andrew anticipates making a gold production decision with respect to its Holloway-Holt Gold Mine in the Timmins Mining Camp in the second quarter of 2007. St Andrew controls a very large land position in the Timmins Mining Camp, an extensive land position at Eskay Creek in northern British Columbia and land positions around Nixon Fork in the Kuskokwim-Tintina Mining Camp in Alaska. St Andrew also holds an approximate 50.2 % equity interest in New Zealand based gold explorer, Glass Earth Limited (TSX VENTURE: GEL) and an approximate 12.6 % equity interest in Apollo Gold Corporation.

For further information about St Andrew Goldfields Ltd., please contact Investor Relations toll-free at 1-800-463-5139 or email [email protected].


The information in this release may contain forward-looking information under applicable securities laws. 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 implied by the forward-looking information. Factors that may cause actual results to vary material include, but are not limited to, inaccurate assumptions concerning the exploration for and development of mineral deposits, political instability, currency fluctuations, unanticipated operational or technical difficulties, changes in laws or regulations, the risks of obtaining necessary licenses and permits, changes in general economic conditions or conditions in the financial markets and the inability to raise additional financing. Readers are cautioned not to place undue reliance on this forward-looking information. St Andrew 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.

St Andrew Goldfields Ltd.
Don Shaxon
Investor Relations Manager
(905) 815-9855
(905) 815-9437 (FAX)
Email: [email protected]

St Andrew Goldfields Ltd.
Glenn Laing
President and CEO
(905) 815-9855
(905) 815-9437 (FAX)
Email: [email protected]

St Andrew Goldfields Ltd.
Ben Au
CFO and VP Finance & Administration
(905) 815-9855
(905) 815-9437 (FAX)
Email: [email protected]

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