Samco Gold Releases Its Interim Financial Statements And Management’s Discussion & Analysis For The Six Months Ended June 30, 2011

Samco Gold Limited (TSXV: SGA) (the “Company”) released its Interim Financial Statements and Management’s Discussion & Analysis for the six months ended June 30, 2011, yesterday. The Statements and MD&A can be accessed at the Company’s website and profile on the SEDAR website at www.sedar.com.

About Samco Gold Limited

Samco Gold’s principal business is the acquisition, exploration and development of precious metals resource properties in Argentina. The Company’s principal mineral property is the El Dorado-Monserrat epithermal gold project, located in the Deseado Massif region of Santa Cruz Province, Argentina, approximately 10 kilometres due west of the Cerro Vanguardia Mine operated by AngloGold Ashanti Limited. The Company’s goal is to become a producer of gold through the exploration and development of El Dorado-Monserrat. Samco Gold also owns a portfolio of other mineral exploration properties in the Deseado Massif.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), accepts responsibility for the adequacy or accuracy of this release.

Copyright Business Wire 2010

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