NEWS RELEASE SAS PROVIDES NOTICE OF 2012 THIRD QUARTER FINANCIAL RESULTS CONFERENCE CALL Toronto, Canada October 25, 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 third quarter financial and operating results for 2012. The conference call will take place on Tuesday November 13, at 10:00 AM EST. SAS's third quarter financial results will be released after market on Monday November 12, 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 "SAS".
Accompanying power point slides for the call will be posted on the website the morning of Tuesday
November 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

Director, 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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