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EX-99.1 - PRESS RELEASE DATED APRIL 25, 2011 - Santa Fe Gold CORPexhibit99-1.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT PURSUANT

TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of Earliest Event Reported) April 25, 2011


Santa Fe Gold Corporation

(Exact Name of Registrant as Specified in Its Charter)

Delaware

(State or Other Jurisdiction of Incorporation)

001-12974 84-1094315
(Commission File Number) (IRS Employer Identification No.)

1128 Pennsylvania NE, Suite 200
Albuquerque, NM 87110
(Address of Principal Executive Offices)(Zip Code)

Registrant's Telephone Number, Including Area Code (505) 255-4852

     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ]      Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ]      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17CFR 240.14a -12)

[ ]      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))

[ ]      Pre-commencement communications pursuant to Rule 13e-49(c) under the Exchange Act (17 CFR 240.13e -4(c))


Item 8.01. Other Events

     On April 25, 2011, Santa Fe Gold Corporation (the “Company”) issued a news release to update shareholders on the status of the Company’s transaction with Columbus Silver Corporation. The Company reported that it is continuing to use reasonable efforts to obtain a revocation of the cease trade orders against it issued by the British Columbia and Ontario Securities Commissions in 2003. Both the Company and Columbus Silver Corporation remain committed to pursuing a business combination transaction.

     A copy of the press release, dated April 25, 2011 is filed as Exhibit 99.1 hereto and incorporated by reference herein.


Item 9.01 Financial Statements, Pro Forma Financial Information and Exhibits.

(c) Exhibits

The following exhibits are filed herewith:

Exhibit  
Number      Description
   
99.1 Press Release dated April 25, 2011.


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereto duly authorized.

SANTA FE GOLD CORPORATION
(Registrant)


Date: May 5, 2011 /s/ W. Pierce Carson  
  W. Pierce Carson  
  Chief Executive Officer