South American Minerals, Inc. January Gold Production and Sales Strong

New York, NY/Georgetown, Guyana, S.A.(PRWeb) February 5, 2007 -- SOUTH AMERICAN MINERALS, INC. (SAMM-TRADED OTC PINK SHEETS) announced gold production in Guyana, South America by the company and Cuyuni River Venture No. 1, LLC in which SAMM's wholly owed subsidiary, North American Resources, Ltd. (NARIL) holds a 65% interest, totaled 642 ounces during the month of January, 2007. This compared with a total of 227 ounces produced during the same period in 2006.

Sales receipts for the gold totaled $347,212 in January, 2007 compared with $105,640 for the same period in 2006. Production for January, 2007 was achieved by three hydraulic suction dredges of which two are owned by the joint venture and operated by NARIL. The third dredge is wholly owned by NARIL.

In addition to its interest in the joint venture, the Company owns two additional dredges.

Contact:   
Saul Horing, President       
212-668-0842

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