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Friday, December 23, 2011

Santa Fe Gold Announces New $20 Million Credit Facility and $5 Million Revolving Facility with Waterton Global and Conversion of $13.5 Million Senior Secured Convertible Debentures Due December 31, 2012

Santa Fe Gold Corporation (OTCBB: SFEG) (the "Company" or "Santa Fe"), a U.S.-based mining and exploration enterprise focused on gold, silver, copper and industrial minerals, today announced the closing of a series of transactions, which significantly strengthens the Company's balance sheet, improves Santa Fe's liquidity and positions the Company to complete its strategic acquisition of Columbus Silver Corporation (TSXV: CSC). The Columbus Silver acquisition...continued
     

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