SGX Resources Extends Edleston Zone to East with New High Grade Intersections

Dale Ginn, Chief Executive Officer of SGX Resources Inc. (TSX VENTURE:SXR), is
pleased to announce that new high grade drill intersections have extended to the
east its Edleston Zone in Sothman Township located 60 km south of Timmins, ON.
Drill hole #12-129 lengthened the zone eastward by 100 metres with two
intersections consisting of 57.4 g/tonne over 3.3 metres, as well as 1.42
g/tonne over 54 metres further down the hole. 


Coarse, visible gold was observed within each intersection at 208.5 metres and
again at 275.7 metres, metallic assays and duplicates confirmed the high grade
values. The surrounding assays and core within the intersections were consistent
with the Edleston Zone in terms of gold values, mineralization, and alteration.
SGX has provided a table of all assay results beginning at the start of the
first intersection and continuing to the bottom of the second in order to
provide a full illustration of the assay variability in this hole. As well, an
updated longitudinal section has also been attached in order to show the
location of these intersections. Results from drill hole #12-129 are summarized
below:




                        From          To      Length        Gold            
Hole #                   (m)         (m)         (m)     g/tonne   Zone/Lens
----------------------------------------------------------------------------
                                                                            
SL-12-129              207.4       210.7         3.3        57.4       EL #1
                                                                            
Including              208.3       208.7         0.4       540.3            
                                                                            
SL-12-129              236.8       290.3        53.5        1.42       EL #1
                                                                            
Including              275.2       275.7         0.5        94.2            



"Since the discovery of the Edleston Zone at the end of last year, drilling has
steadily increased its size and dimensions in a consistent fashion. For the
first time we have seen appreciable amounts of coarse, visible gold as we move
towards the east, adding a high-grade component to the deposit while maintaining
impressive widths near surface. It is remarkable that sizeable gold deposits
such as this still remain to be discovered near surface, especially in the
Timmins region," said Dale Ginn, President and CEO for SGX Resources.


Drilling continues in order to extend this zone along strike and to depths of up
to 500 metres below surface as well as to test additional potential such as the
Bud target located to the west and south along the south limb of the folded
Edleston unit. Consistent widths and grades continue to be encountered
throughout the deposit and in extensions to depth. Extensive magnetic, VLF and
IP surveys have been conducted recently on the South Timmins properties
revealing numerous additional targets in classic potential host structures.


Geophysical anomaly drilling for vein-style gold targets intersected what is now
known as the Edleston Zone with drill holes #SL-11-14 and #SL-11-16 in late
2011. This discovery is located in the north-west quadrant of SGX's claim group
within the Sothman Township and has road access via Pine Street extending south
from Timmins. The deposit dips moderately steeply to the south and strikes
roughly at an azimuth of 100 degrees or east-southeast. Over 75 drill holes have
been completed to date along 50 metre spaced sections, outlining a mineralized
zone approximately 100 metres wide and over 600 metres long to a maximum depth
of 250 metres while the zone continues to remain open in all directions.


Regionally, this property appears to lie along the potential western extension
of the Cadillac-Larder fault zone along which a number of major gold deposits
are located. Recent geophysical and geological work has demonstrated that the
Edleston Zone sits within the north limb of the host unit/horizon that stretches
over 10 km to the east. This unit is broadly folded back toward the south and
east immediately to the west of the deposit continuing under and near the
contact with shallow sedimentary cover. The host rock is an altered and sheared
ultramafic that exhibits extensive silicification and contains quartz-carbonate
in veins, veinlets and fracture fill. Mineralization is broadly distributed
throughout the unit as pyrite in amounts of 3 to 5 percent with trace
chalcopyrite and occasional visible gold observed as well. Additional
intercalated volcanic and meta sediment units lie to the north and south of the
deposit, large felsic and mafic intrusive units are in contact with the northern
volcanic rocks to the east beyond the SGX property boundaries. Along strike to
the east of the Edleston zone by approximately 1.5 km lies the Sirola Zone,
which exhibits similar geology and mineralization and contains some of the only
outcropping and trenching/test pits in the region.


Assay values within the zone appear to be distributed in a relatively stable
fashion with the exception of an occasional high value due to the presence of
visible gold. The intersections above are near true widths as drilling has taken
place from surface hangingwall positions, intersecting the zone nearly
perpendicular to its strike and dip.


The Sothman land package containing the Edleston Zone is located approximately
60 km to the south of Timmins, Ontario, between the Young-Davidson mine to the
east and the Cote Lake deposit to the west. SGX conducts additional exploration
at the Tully deposit and property, located approximately 25 km to the north of
Timmins, as well, the company holds a position in the Davidson-Tisdale deposit
and other strategic lands to the west and south of Timmins, near current and
past production. 


Sections, plans and diagrams related to this press release are available at the
company's website, www.sgxresources.com, specifically a longitudinal section
showing the location of the intersections received and released to date. 


This program was carried out under the supervision of John Boissoneault, P.Eng.,
of SGX Resources Inc., the qualified person responsible for this news release.
The drill core was split, with half sent to the Porcupine Joint Venture
laboratory in Timmins, ON or SPJ Laboratories of Sudbury, ON and fire assayed
with an AA and gravimetric finish. Whole metallic assays were performed on
samples containing visible gold. Check assays were also performed on pulps and
rejects, as well, blanks and standards were inserted into the sample stream. 


A copy of this press release will be made available on the company's website and
will be filed with SEDAR. 


CAUTIONARY STATEMENT: 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 in the forward-looking information. 


Table 1: Hole SL-12-129: Assay Results for All Intersections (1)



----------------------------------------------------------------------------
From (m)                        To (m)          Width (m)                g/T
----------------------------------------------------------------------------
207.37                          207.80               0.43               0.60
----------------------------------------------------------------------------
207.80                          208.30               0.50               0.50
----------------------------------------------------------------------------
208.30                          208.65               0.35             540.30
----------------------------------------------------------------------------
208.65                          209.15               0.50               1.93
----------------------------------------------------------------------------
209.15                          209.75               0.60               0.50
----------------------------------------------------------------------------
209.75                          210.70               0.95               0.43
----------------------------------------------------------------------------
210.70                          211.70               1.00     less than 0.05
----------------------------------------------------------------------------
211.70                          212.70               1.00     less than 0.05
----------------------------------------------------------------------------
212.70                          213.70               1.00     less than 0.05
----------------------------------------------------------------------------
213.70                          214.70               1.00     less than 0.05
----------------------------------------------------------------------------
214.70                          215.70               1.00     less than 0.05
----------------------------------------------------------------------------
215.70                          216.70               1.00               0.50
----------------------------------------------------------------------------
216.70                          217.70               1.00               1.37
----------------------------------------------------------------------------
217.70                          218.70               1.00               0.23
----------------------------------------------------------------------------
218.70                          219.70               1.00               0.20
----------------------------------------------------------------------------
219.70                          220.70               1.00               0.10
----------------------------------------------------------------------------
220.70                          221.70               1.00     less than 0.05
----------------------------------------------------------------------------
221.70                          222.70               1.00     less than 0.05
----------------------------------------------------------------------------
222.70                          223.72               1.02     less than 0.05
----------------------------------------------------------------------------
223.72                          224.72               1.00     less than 0.05
----------------------------------------------------------------------------
224.72                          225.70               0.98     less than 0.05
----------------------------------------------------------------------------
225.70                          226.70               1.00     less than 0.05
----------------------------------------------------------------------------
226.70                          227.70               1.00     less than 0.05
----------------------------------------------------------------------------
227.70                          229.20               1.50     less than 0.05
----------------------------------------------------------------------------
229.20                          230.70               1.50     less than 0.05
----------------------------------------------------------------------------
230.70                          232.20               1.50               0.33
----------------------------------------------------------------------------
232.20                          233.20               1.00     less than 0.05
----------------------------------------------------------------------------
233.20                          234.20               1.00     less than 0.05
----------------------------------------------------------------------------
234.20                          235.20               1.00     less than 0.05
----------------------------------------------------------------------------
235.20                          236.20               1.00     less than 0.05
----------------------------------------------------------------------------
236.20                          236.83               0.63     less than 0.05
----------------------------------------------------------------------------
236.83                          237.83               1.00               0.73
----------------------------------------------------------------------------
237.83                          238.83               1.00               0.30
----------------------------------------------------------------------------
238.83                          239.36               0.53               0.70
----------------------------------------------------------------------------
239.36                          240.00               0.64               0.57
----------------------------------------------------------------------------
240.00                          241.00               1.00               0.97
----------------------------------------------------------------------------
241.00                          242.00               1.00               0.27
----------------------------------------------------------------------------
242.00                          243.03               1.03               0.57
----------------------------------------------------------------------------
243.03                          243.90               0.87               1.67
----------------------------------------------------------------------------
243.90                          244.20               0.30               0.70
----------------------------------------------------------------------------
244.20                          245.20               1.00               0.53
----------------------------------------------------------------------------
245.20                          246.07               0.87               0.53
----------------------------------------------------------------------------
246.07                          246.80               0.73               0.43
----------------------------------------------------------------------------
246.80                          247.32               0.52               1.03
----------------------------------------------------------------------------
247.32                          248.30               0.98     less than 0.05
----------------------------------------------------------------------------
248.30                          249.35               1.05               1.86
----------------------------------------------------------------------------
249.35                          250.33               0.98     less than 0.05
----------------------------------------------------------------------------
250.33                          251.25               0.92               0.63
----------------------------------------------------------------------------
251.25                          251.80               0.55               1.13
----------------------------------------------------------------------------
251.80                          252.80               1.00     less than 0.05
----------------------------------------------------------------------------
252.80                          253.80               1.00               2.23
----------------------------------------------------------------------------
253.80                          254.80               1.00               0.57
----------------------------------------------------------------------------
254.80                          255.70               0.90               0.53
----------------------------------------------------------------------------
255.70                          257.00               1.30     less than 0.05
----------------------------------------------------------------------------
257.00                          258.00               1.00               0.63
----------------------------------------------------------------------------
258.00                          259.00               1.00     less than 0.05
----------------------------------------------------------------------------
259.00                          260.00               1.00     less than 0.05
----------------------------------------------------------------------------
260.00                          261.00               1.00     less than 0.05
----------------------------------------------------------------------------
261.00                          262.00               1.00     less than 0.05
----------------------------------------------------------------------------
262.00                          263.00               1.00     less than 0.05
----------------------------------------------------------------------------
263.00                          264.00               1.00               1.20
----------------------------------------------------------------------------
264.00                          265.00               1.00     less than 0.05
----------------------------------------------------------------------------
265.00                          266.00               1.00     less than 0.05
----------------------------------------------------------------------------
266.00                          267.00               1.00     less than 0.05
----------------------------------------------------------------------------
267.00                          268.00               1.00               3.00
----------------------------------------------------------------------------
268.00                          269.00               1.00     less than 0.05
----------------------------------------------------------------------------
269.00                          270.00               1.00               0.53
----------------------------------------------------------------------------
270.00                          271.00               1.00     less than 0.05
----------------------------------------------------------------------------
271.00                          272.00               1.00     less than 0.05
----------------------------------------------------------------------------
272.00                          273.00               1.00               0.83
----------------------------------------------------------------------------
273.00                          273.65               0.65     less than 0.05
----------------------------------------------------------------------------
273.65                          274.00               0.35     less than 0.05
----------------------------------------------------------------------------
274.00                          274.50               0.50     less than 0.05
----------------------------------------------------------------------------
274.50                          275.15               0.65               0.76
----------------------------------------------------------------------------
275.15                          275.65               0.50              94.24
----------------------------------------------------------------------------
275.65                          276.30               0.65               0.37
----------------------------------------------------------------------------
276.30                          277.20               0.90               0.77
----------------------------------------------------------------------------
277.20                          277.80               0.60     less than 0.05
----------------------------------------------------------------------------
277.80                          278.80               1.00               1.07
----------------------------------------------------------------------------
278.80                          279.80               1.00               0.67
----------------------------------------------------------------------------
279.80                          280.80               1.00               0.60
----------------------------------------------------------------------------
280.80                          281.80               1.00               1.47
----------------------------------------------------------------------------
281.80                          282.80               1.00     less than 0.05
----------------------------------------------------------------------------
282.80                          283.80               1.00     less than 0.05
----------------------------------------------------------------------------
283.80                          284.80               1.00               1.57
----------------------------------------------------------------------------
284.80                          285.80               1.00     less than 0.05
----------------------------------------------------------------------------
285.80                          286.35               0.55               1.03
----------------------------------------------------------------------------
286.35                          287.32               0.97               0.70
----------------------------------------------------------------------------
287.32                          288.30               0.98     less than 0.05
----------------------------------------------------------------------------
288.30                          289.30               1.00               0.80
----------------------------------------------------------------------------
289.30                          290.30               1.00               0.47
----------------------------------------------------------------------------
                                                                            
(1)  Due to the exploratory nature of this exploration program and the      
     variable orientations of the mineralized zones, the intersections      
     presented herein may not necessarily represent the true width of       
     mineralization.