The properties include the Atikwa Lake gold property, the Whitesides-Carscallen property and the Golden property located in the West Timmins gold camp.
San Gold president and chief executive officer George Pirie said the prospective properties that have the potential to substantially increase its resource base.
"The properties are located within safe, established mining jurisdictions with two of the properties building on the Company’s strong position in the Timmins gold camp," said Pirie.
The sale, subject to closing conditions, will be complete before 31 August 2012.
