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Sage Gold Inc SGGDF

Sage Gold Inc engages in the exploration and development of mineral resource properties. It explores for gold, poly-metallic, nickel, and copper. Its primary properties include the Onaman property comprising the Lynx project and the Headway project in the Beardmore/Geraldton Gold Camp; and the Clavos gold project in Timmins.


GREY:SGGDF - Post by User

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Post by xyz_trader1on Mar 12, 2008 7:06am
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Post# 14644562

Sage Gold Corporate Profile updated Mar11/08

Sage Gold Corporate Profile updated Mar11/08 Sage Gold Inc. (SGX: TSX-V) CORPORATE PROFILE As of March 11, 2008 Sage Properties Onaman - Second Phase of Drilling underway on Lynx high grade copper/gold/silver zones(see PR of Feb 29/08); First phase of drilling Big M massive sulphide new GOLD zone in '08 Jacobus – 4 miles north-west of Kodiak's Golden Mile - SJ07 Assays reported Jan 18/08 and February 29/08; drilling to continue in early spring Kerrs - optioned to Sheltered Oak Resources, third phase of drilling is planned for 2008 Pony Spur/Nevada – drilling in spring/summer 2008 Gold Hill - high grade previous producing gold mine; underground channel sampling underway, assays reported Jan'08 and Feb 29/08, drilling to start in Feb'08 Sage Gold Inc. is a mineral exploration company led by a reputable team of financial and geological specialists. The Sage management team and Directors have extensive experience in all aspects of mineral exploration, development, and financing in both senior and junior resource companies. The company is focused on exploring, developing and acquiring economic properties in the Americas. Sage has encountered additional high grade mineralization over significant widths at the Jacobus Nickel (Ni)-Copper (Cu) property in Beardmore, Ontario. The highlights are as follows: Hole -7 - was drilled as a vertical hole in the down dip section 15.15 grams of gold (Au)/ per tonne over 0.73 metres. This gold bearing horizon represents a new zone of mineralization that is not related to the Ni-Cu mineralization within the gabbro. Hole-11 – 2.12% Ni and 1.02% Cu over 6.6 metres (20.12 feet) within a broader zone of 0.90% Ni and 0.55% Cu over 21.4 metres (65.23 feet) Hole-12 – 0.93% Ni and 0.62% Cu over 7.3 metres (22.25 feet) within a broader zone of 0.68% Ni and 0.52% Cu over 26.2 metres (79.86 feet) Hole-13 - 0.91% Ni and 0.79% Cu over 10.3 metres (31.4 feet) within a broader zone of 0.61% Ni and 0.53% Cu over 20.6 metres (62.8 feet) Last changed at 11-Mar-2008 02:07PM by AG
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