ALBUQUERQUE, N.M., Sept. 15, 2016 (GLOBE NEWSWIRE) -- Santa Fe Gold Corporation (OTCBB:SFEG) is pleased to announce today the engagement of MaloneBailey, LLP a Certified Public Accounting Firm as Auditors, in order to bring its financials immediately up to date and continue as the company’s new accounting firm and auditors.

MaloneBailey is a professional accounting firm specializing in audit services to SEC reporting companies. With over 100 registrants as clients, including NYSE, NASDAQ, NYSE MKT-AMEX and OTC listed companies they audit more micro and small cap companies trading on U.S. Stock Exchanges than any other firm in the world.

MaloneBailey as a registered public accounting firm, with the unique distinction of being one of only a few firms in the world that has an annual inspection by the Public Company Oversight Board (PCAOB).

The PCAOB was created by the Sarbanes-Oxley Act of 2002. It is a private sector, non-profit corporation, whose stated purpose is to:

“Oversee the auditors of public companies in order to protect investors and further the public interest in the preparation of informative, fair and independent audit reports.”

The Board has five members, each appointed by the US Securities and Exchange Commission. 

Santa Fe Gold Corp expects its latest audit to be completed shortly. This will bring the company’s filing requirements right up to date.

It will also enable all financial statements to be filed expeditiously.

The company anticipates making several important announcements in the coming weeks. These will include the beginning of a series of asset acquisitions, planned resumption of mining, production and processing operations and elaborating on other economically viable revenue generating opportunities Santa Fe is currently pursuing.

Each of these major new developments and significant milestones will represent crucially important advances towards rebuilding the company’s value and executing on our mission to rebuild Santa Fe.

Santa Fe Gold reiterates and emphasizes steadfast commitment to rebuilding the company and growing long term shareholder value.

About Santa Fe Gold 

Santa Fe Gold is a U.S. based mining and exploration enterprise and is currently reviewing and assessing a number of highly attractive opportunities that should enable resumption of mining, production and processing operations in the near to intermediate term future.

For more information on MaloneBailey

For further information please visit

Frank Mueller