4 March 2014
VANCOUVER, British Columbia (March 7, 2014) – As previously disclosed in its news release dated January 23, 2014, Tyhee Gold Corp. (TSX Venture: TDC) (the “Company” or “Tyhee”) is party to an agreement and plan of merger dated January 23, 2014 with Santa Fe Gold Corporation (OTCQB: SFEG) (“Santa Fe”). Santa Fe has advised Tyhee that Santa Fe has received notice that Tony Cavanaugh, an alleged stockholder of Santa Fe, has filed in the Second Judicial District Court of the State of New Mexico, County of Bernalillo, a purported class action complaint on behalf of himself and all others similarly situated, against Santa Fe, the five current members of its Board of Directors, Tyhee and Tyhee’s wholly-owned subsidiary, Tyhee Merger Sub, Inc. (“Tyhee Merger Sub”). As of the date hereof, neither Tyhee nor Tyhee Merger Sub has been formally served with the complaint.