Semafo Inc. - Samira Hill joins Niger National Power Grid


    MONTREAL, March 13 /CNW Telbec/ - Semafo Inc. (SMF: TSX) today announced
that the Samira Hill plant facility has been connected to the Niger national
power grid through an electrical sourcing contract. The interconnection
follows the completion over the last 12 months of the required infrastructure
including the establishment of an on site substation.
    Joining the national power grid will result in reduced operating costs.
Based on current fuel costs and that of power from the grid at $0.14 kWh, it
is estimated that savings will be approximately US$1.4M per annum. The
existing fuel based generating sets on the property will remain in place as

    The common shares of Semafo are traded on The Toronto Stock Exchange
    under the symbol "SMF".


    This press release contains "forward-looking statements", including, but
not limited to, the statements regarding the Company's expectations as to the
market price of gold, strategic plans, future commercial production,
production targets, timetables, mine operating costs, fixed assets expenses,
mineral reserve estimates and to the company's perspectives. Forward-looking
statements express, as at the date of this press release, our estimates,
forecasts, projections, expectations and beliefs as to future events or
results. Forward-looking statements are reasonable, but involve a number of
risks and uncertainties, and there can be no assurance that such statements
will prove to be accurate. Therefore, actual results and future events could
differ materially from those anticipated in such statements. Factors that
could cause results or events to differ materially from current expectations
expressed or implied by the forward-looking statements include, but are not
limited to, factors associated with fluctuations in the market price of
precious metals, mining industry risks, uncertainty as to calculation of
mineral reserves, risks related to the grade of reserves, risks related to
hedging strategies, risks of delays in construction and requirements of
additional financing.

    Semafo is a mining company whose mission is to explore, develop and mine
major gold deposits in West Africa. Semafo currently operates the Kiniero mine
in Guinea, the Samira Hill mine in Niger and is developing the Mana project in
Burkina Faso.

For further information:

For further information: SEMAFO: Benoit La Salle, President & CEO, (514)
744-4408, Fax: (514) 744-2291,; SEMAFO: Michel Cormier,
Qualified Person, (514) 744-4408, Fax: (514) 744-2291,;
RENMARK: Christopher Wells,; Neil Murray-Lyon,, (514) 939-3989, Fax: (514) 939-3717,; More extensive information on Semafo can be found on
our home page at

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