Updated Mineral Reserve NI 43-101 Technical Report Filed on Sedar

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Stock Symbol: SGF: TSX


SASKATOON, Aug. 26, 2011 /CNW/ - George H. Read, P. Geo., Senior Vice President Exploration and
Development, Shore Gold Inc. ("Shore") is pleased to announce that an
NI 43-101 compliant Technical Report documenting the Feasibility Study
("FS") and updated Mineral Reserve for the Star - Orion South Diamond
Project has been filed on SEDAR . This Technical Report has also been posted on the Shore website . The FS and updated Mineral Reserve were completed on the Star
Kimberlite (100 percent Shore), and the Star West and the Orion South
Kimberlites within the Fort a la Corne Joint Venture (FALC-JV: 66
percent Shore and 34 percent Newmont Mining Corporation of Canada
Limited ("Newmont")).




Shore oversaw the preparation of the FS, updated Mineral Reserve and
related NI 43-101 compliant Technical Report for the Star - Orion South
Diamond Project and, as such, the FS, updated Mineral Reserve and
Technical Report are the sole responsibility of Shore. Newmont did not
participate in the preparation, supervision or review of the work
associated with this exercise and takes no responsibility for the
content or information included in the NI 43-101 Technical Report or
this press release.


Senior Vice President Exploration and Development, George Read,
Professional Geoscientist in the Provinces of Saskatchewan and British
Columbia, is Shore's Qualified Person responsible for the verification
and quality assurance of analytical results. Shore is a Canadian based
corporation engaged in the acquisition, exploration and development of
mineral properties. Shares of the Company trade on the TSX Exchange
under the trading symbol "SGF".






For further information: Joseph Dickson, Investor Relations Manager at (306) 667-3505 and http://www.shoregold.com/">www.shoregold.com