Sage Gold Inc SGGDF

TORONTO, ONTARIO--(Marketwire - April 3, 2008) - Sage Gold (TSX VENTURE:SGX)is pleased to report on the latest assays from the 2008 drill program on theLynx #1 mineralised zone, on the Onaman Project, near Beardmore, Ontario.

Hole S08-40 returned a drill intercept of 9.5 m (true width 8.55 metres),grading 1.38% Cu, 100.3 g Ag/T and 2.28 g Au/T from 156.5 to 166.0 metres (m).Within this interval is an interval of 0.80 m (true width 0.72 metres) from160.0 to 160.8 m grading 1.0% Cu, 525 g Ag/T and 6.2 g Au/T, as well as a 0.7 m(true width 0.63 metres) interval from 157.5 to 158.2 m grading 1.64 % Cu, 196gAg/T and 13.0 g Au/T.

The high silver grades are associated with native (metallic) silver, which isthe first reported instance of native silver in the Lynx area carbonate-silicaexhalites.

Nigel Lees, President states "The Lynx # 1 mineralization is turning out tobe a "jewel box" and finding high grade native silver gives us a new perspectiveon the origin of the mineralization. We are continuing to drill the three Lynxzones with two drills in the field and have begun metallurgical tests on theLynx material."

Holes S08-33, 34, 41, 42 and 43 have also been completed. Mineralization withattendant brecciation and carbonate alteration was encountered in all holes,thereby confirming continuity of the copper-silver-gold horizon at the Lynx # 1ore zone. Assay results are pending. Current definition drilling in 25 to 50metre step-outs is designed to test the immediate area of the Lynx # 1mineralization, which has been extended to a depth of 300 m over a strike lengthof 200 m. Drilling in the area of Lynx #3 is designed to test the continuity ofthe mineralization with Lynx # 2, 300 m to the north. Refer towww.sagegoldinc.com for a plan map of the Lynx #1, 2 and 3 zones.