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Press release from Marketwire

Teranga Appoints Jeff Williams as a New Non-Executive Director

Monday, April 29, 2013

Teranga Appoints Jeff Williams as a New Non-Executive Director

14:56 EDT Monday, April 29, 2013

TORONTO, ONTARIO--(Marketwired - April 29, 2013) - Teranga Gold Corporation ("Teranga" or the "Company") (TSX:TGZ)(ASX:TGZ) is pleased to announce the appointment of Jeff Williams to the Board of Directors of the Company.

Mr. Williams played an integral role in building our Sabodala Gold Mine and has more than 40 years of experience in the mining industry including over 10 years of experience in the resource industry in Senegal.

With a Mining Engineering and Business Administration background, Mr. Williams has spent over three decades playing significant roles in the financing and business development strategies of Australian based resource companies. He has significant experience as a senior corporate executive and currently holds Non-Executive Director positions on a number of Australian public companies. Mr. Williams also remains an Advisor to Mineral Deposits Limited (ASX: MDL), the company that built the Sabodala mine.

"Jeff's appointment to the Board is a welcome addition to our team. He brings with him great experience in the Australian and Senegalese mining sectors as well as direct experience with our Sabodala mine. Jeff also adds additional mining and operations skills to our Board, which we expect will further enhance our ability to discover, acquire and develop subsequent deposits within Senegal." said Alan Hill, Executive Chairman.

About TERANGA

Teranga Gold Corporation is a Canadian-based gold company listed on the Toronto Stock Exchange (TSX:TGZ) and Australian Securities Exchange (ASX:TGZ). Teranga is principally engaged in the production and sale of gold, as well as related activities such as exploration and mine development.

Teranga was created to acquire the Sabodala gold mine and a large regional exploration land package located in Senegal, West Africa, within the West African Birimian geological belt. Management believes the mine operation, together with the Company's prospective 1,200 km2 land package, provides the basis for growth in reserves, production, earnings and cash flow as new discoveries are made and processed through the Company's existing mill. The Company is focused on growth - growth in reserves, growth in production - while building a strong balance sheet to facilitate its actions.

FOR FURTHER INFORMATION PLEASE CONTACT:

Contact Information:
Teranga Gold Corporation
Kathy Sipos
Vice-President, Investor & Stakeholder Relations
+1 416-594-0000
ksipos@terangagold.com
www.terangagold.com

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