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Santa Fe Metals Grants Stock Options

Santa Fe Metals Corp. (TSX VENTURE: SFM) Board of Directors has granted 2,380,000 stock options to employees, directors and contractors of the Company under the terms of the Employee Stock Option Plan. Each option is exercisable for a 5-year period at a price of $0.12 per share.

SANTA FE METALS CORP.

IAN SMITH, President & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release, and no securities regulatory authority has either approved or disapproved of the contents of this release.