South American Gold and Copper Company Limited Announces a New Director



    /NOT TO BE DISTRIBUTED OR DISSEMINATED IN THE U.S./

    TORONTO, March 12 /CNW/ - South American Gold and Copper Company (the
"Company" or ("SAGC") (TSX-SAG) announced the election of Mr. Richard Lachcik
as a Director and Secretary of the Company.
    Mr. Lachcik is a graduate of the University of Toronto, Victoria College
and Queens University, Faculty of Law and holds a Bachelor of Law Degree. He
was admitted to the Ontario Bar in 1983.
    Since 1998 Mr. Lachcik has been a partner with Macleod Dixon LLP,
Toronto, Canada, with emphasis on securities, mining and corporate law. Mr.
Lachcik is a director of several other TSX listed companies.
    Stephen W. Houghton, Chief Executive Officer stated that Richard Lachcik
is a welcome and important addition to the Company's Board of Directors.

    South American Gold and Copper Company Limited is a minerals producing,
exploration and development company with properties and activities currently
focused in Chile.





For further information:

For further information: Registered Office: 100 WELLINGTON STREET WEST,
SUITE 500, TORONTO, ONTARIO, M5K 1H1, CANADA; New York Representative Office:
420 MADISON AVENUE, NEW YORK, NEW YORK, 10017; Santiago Office: LA CONCEPCION
266, OF. 704, PROVIDENCIA, SANTIAGO, CHILE, Telephone: 56-2-264-2295, E-Mail:
sagc@sagchile.cl; For further information, contact: Stephen W. Houghton, Chief
Executive Officer; Patrick Esnouf, President, Website: www.sagc.com


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