NEWS RELEASE

SAS PROVIDES NOTICE OF 2012 SECOND QUARTER FINANCIAL RESULTS CONFERENCE CALL

Toronto, Canada July 23, 2012
St Andrew Goldfields Ltd. (T-SAS) (OTCQX-STADF), ("SAS" or the "Company") invites you to participate in the upcoming conference call to discuss its second quarter financial and operating results for 2012. The conference call will take place on Monday August 13, at 10:00 AM EDT. SAS's second quarter financial results will be released after market on Friday August 10, 2012.
Participants may join the call by dialling 1-866-212-4491 (toll free within North America) or
1-416-800-1066 (outside North America) with the password "St Andrew Goldfields".
Accompanying power point slides for the call will be posted on the website the morning of Monday
August 13, 2012. Please see website for more details (www.sasgoldmines.com).
A recorded playback of the call will also be available via the website and will be posted within 24 hours of the call.
About SAS
SAS (operating as "SAS Goldmines"), is a gold mining and exploration company with an extensive land package in the Timmins mining district, north-eastern Ontario, which lies within the Abitibi greenstone belt, the most important host of historical gold production in Canada.
SAS owns and operate the Holt, Holloway and Hislop mines and is forecasting 2012 production of between 90,000 - 100,000 ounces of gold. The Company is also advancing the Taylor Project and is conducting an aggressive exploration program across 120km of land straddling the Porcupine- Destor Fault Zone.
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
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