Samco Gold-Director Appointment

TORONTO, ONTARIO--(Marketwired - Mar 4, 2014) - 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).

Samco Gold LimitedCharles KoppelExecutive Chairman and Chief Executive Officer+44 (0) 20 7647 2532ck@samcogold.comBell PottingerDaniel Thole / Marcin ZydowiczFinancial Communications+44 (0) 20 7861 1606

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