St Andrew Goldfields Ltd. - News Releases - St Andrew Completes Sale of Nixon Fork Alaska Property to Pacific North West Capital Corp.

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Feb 17, 2009
St Andrew Completes Sale of Nixon Fork Alaska Property to Pacific North West Capital Corp.
St Andrew Goldfields Ltd. (T-SAS) ("St Andrew" or the "Company") is pleased to report that Pacific North West Capital Corp. ("PFN") has exercised the option to acquire from the Company all of the outstanding shares of Mystery Creek Resources, Inc. ("MCR"), which owns the Nixon Fork gold property located 56 kilometers northeast of McGrath, Alaska. The sale of the MCR shares to PFN was completed on February 12, 2009, under the terms indicated in the Company's press release of December 18, 2008.

About St Andrew
St Andrew is a gold mining and exploration company with operations in Timmins, Ontario. St Andrew controls a very large land position in the Timmins Mining Camp and an extensive land position at Eskay Creek in northern British Columbia.

For further information about St Andrew Goldfields Ltd., please contact:

Tel: 1-800-463-5139 or (905) 815-9855 Fax: (905) 815-9437

Jacques Perron
President and CEO
Email: jperron@standrewgoldfields.com

Ben Au
CFO and VP Finance & Administration
Email: bau@standrewgoldfields.com

You can view the Next News Releases item: Thu Mar 26, 2009, St Andrew Reports 2008 Financial Results

You can view the Previous News Releases item: Mon Dec 29, 2008, St Andrew Completes Additional $1.18 Million Private Placement

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