Samco Gold Limited (TSX VENTURE:SGA) (the "Company") today released its
Financial Statements and Management's Discussion & Analysis for the three months
ended March 31, 2012. These Financial Statements and MD&A are available at the
Company's website and at its 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. 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.


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