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St Andrew Announces First Shipment of Copper and Gold Concentrates From Nixon Fork Gold Mine, Alaska

St Andrew Goldfields Ltd. (TSX: SAS) ("St Andrew" or the "Company") is pleased to announce the first shipment of copper and gold concentrates from the Nixon Fork Gold Mine.

Copper and Gold Concentrates from the Nixon Fork Gold Mill

The second and major product from the Nixon Fork Gold mill has been produced in sufficient quantities that shipments of copper and gold concentrates has commenced from the Nixon Fork minesite.

Concentrates are being back-hauled by air on the fuel planes from the Nixon Fork minesite to Fairbanks, Alaska where they are placed in rail cars for transport by rail/barge to the Xstrata Copper Canada's Horne Smelter in Rouyn-Noranda, Quebec. St Andrew has entered into a financing arrangement with Auramet Trading LLC that provides for early partial payment of the gold and copper metal content of the concentrate.

Gold Dore from the Nixon Fork Gold Mill

Gold dore, the first and minor product from the gravity section of the Nixon Fork Gold mill, is now being produced in sufficient quantities that a steady flow of gold dore is being shipped from the Nixon Fork minesite.

Underground Mining at the Crystal Garnet Mine

Underground mining operations at Crystal Garnet Mine have continued to open up additional mining areas and sufficient stope face is now available to maintain the 150 ton per day underground ore production rate.

Nixon Fork Gold Mine Mineral Resource and Mineral Reserve Estimates

A NP 43-101 compliant "Technical Report on the Nixon Fork Project, Alaska, U.S.A." by Scott Wilson RPA and dated October 2, 2006, defined a mineral resource estimate and a mineral reserve estimate for the Nixon Fork Gold Mine as follows:

                       Nixon Fork - Mineral Reserves
                       -----------------------------

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Property                    Proven                        Probable
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                    Tonnes   Grams   Ounces       Tonnes   g/t Au   Ounces
                            Au per       Au                             Au
                             tonne
                            ("g/t")
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Nixon Fork(a)       47,000   34.05   51,500      137,500     18.6   82,230
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                      Nixon Fork - Mineral Resources
                      ------------------------------

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Property        Measured             Indicated             Inferred
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          Tonnes Grams Ounces  Tonnes g/t Au Ounces  Tonnes g/t Au Ounces
                    Au     Au                    Au                    Au
                   per
                 tonne
                ("g/t")
---------------------------------------------------------------------------
Nixon     23,400  36.8 27,700 126,000   21.6 87,700  93,000   15.5 46,300
 Fork(a)
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(a) Grades are cut to 150 g/t gold; cut-off grade is 21 g/t gold. A
     US$550/oz Au price was used.

(b) The reserve estimate is based on a mining plan that includes internal
     dilution at a grade varying between 7.0 g/t and 21.0 g/t gold plus an
     additional 10% dilution at zero grade.

Production Plans for Nixon Fork Property

The Company anticipates that the Nixon Fork Property will achieve a production rate of 40,000 ounces of gold per annum in 2007.

St Andrew is a gold mining and exploration company producing gold from the Stock Gold Complex in Timmins, Ontario and the Nixon Fork Gold Mine in Alaska. The recently acquired Holloway-Holt Gold Mine in the Timmins Mining Camp is forecast to increase St Andrew's gold production by 75,000 to 100,000 ounces per annum. St Andrew controls a very large land position in the Timmins Mining Camp, an extensive land position at Eskay Creek in northern British Columbia and land positions around Nixon Fork in the Kuskokwim-Tintina Mining Camp in Alaska. St Andrew also holds an approximate 50.2 % equity interest in New Zealand based gold explorer, Glass Earth Limited (TSX VENTURE: GEL) and a 12.3 % equity interest in Apollo Gold Corporation.

For further information about St Andrew Goldfields Ltd., please visit St Andrew's website at www.standrewgoldfields.com or contact Investor Relations toll-free at 1-800-463-5139 or email investor@standrewgoldfields.com.

FORWARD LOOKING STATEMENTS

The information in this release may contain forward-looking information under applicable securities laws. This forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those implied by the forward-looking information. Factors that may cause actual results to vary material include, but are not limited to, inaccurate assumptions concerning the exploration for and development of mineral deposits, political instability, currency fluctuations, unanticipated operational or technical difficulties, changes in laws or regulations, the risks of obtaining necessary licenses and permits, changes in general economic conditions or conditions in the financial markets and the inability to raise additional financing. Readers are cautioned not to place undue reliance on this forward-looking information. St Andrew does not assume the obligation to revise or update this forward-looking information after the date of this release or to revise such information to reflect the occurrence of future unanticipated events, except as may be required under applicable securities laws.