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Company Announcement
12 October 2012
IGS AND SANTA FE GOLD MERGER TO CREATE DYNAMIC GOLD SILVER
PRODUCER, DEVELOPER AND EXPLORER
Highlights
? International Goldfields Limited to merge with Santa Fe Gold Corporation and create a
dynamic gold and silver producer, developer and explorer;
? Proposed merged entity will have a market capitalisation of approximately A$70 million,
at least A$10 million in cash reserves, low cost gold & silver production of 28,000 oz pa
gold equivalent (with short and long term production upside) and operating mill;
? Expanded North and South American asset base with development and exploration
assets across major mining districts;
? Transaction brings together two highly experienced and complementary management
teams with successful record in exploration and development; and
? The boards of both International Goldfields Limited and Santa Fe Gold Corporation have
approved the Merger and recommend the transaction to shareholders of their respective
Companies.
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