Samco Gold Limited (TSX VENTURE:SGA) ("Samco Gold" or the "Company") is pleased
to announce the appointment of Mr. John W. Hick as a non-executive director of
the Company. 


Mr. Hick is a corporate director and President & CEO of his own consulting firm,
John W. W. Hick Consultants Inc. Mr Hick has over 30 years of experience in the
mining industry in both senior management positions and as an independent
director. He has, in the past, held senior management positions in a number of
mining companies, including President & CEO of Medoro Resources Ltd, CEO of Rio
Narcea Gold Mines Ltd, President & CEO of Geomaque Exploration Inc./Defiance
Mining Corp, and President of TXV Gold Inc. He is currently an independent
director of a number of TSX (or TSXV) listed mining companies including Algold
Resources Ltd., Carpathian Gold Inc., Eurotin Inc., Hudson Resources Inc.
Marengo Mining Limited. and St Andrew Goldfields Ltd. Mr. Hick is a member of
the Law Society of Upper Canada, although not currently practicing law.


Charles Koppel, Executive Chairman and CEO of Samco Gold Limited commented: 

"We are delighted to welcome John to the Board at such an important time for the
Company. John brings a wealth of experience as a seasoned mining executive. We
look forward to drawing on John's insights and experiences as the Company moves
forward with our exciting Corina and El Dorado Monserrat projects."


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 ("EDM") epithermal gold project,
located in the Deseado Massif region of Santa Cruz Province, Argentina. With an
experienced board and management team including a strong Argentinean compliment,
the Company's goal is to become an Argentinean producer of gold and silver
through the exploration and development of EDM. Samco Gold also owns a portfolio
of other mineral exploration properties in the Deseado Massif. 


Additional details on the Company are available on SEDAR (www.sedar.com). 

FOR FURTHER INFORMATION PLEASE CONTACT: 
Samco Gold Limited
Charles Koppel
Executive Chairman and Chief Executive Officer
+44 (0) 20 7647 2532
ck@samcogold.com


Bell Pottinger
Daniel Thole / Marcin Zydowicz
Financial Communications
+44 (0) 20 7861 1606

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