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xyz_trader1on Mar 12, 2008 7:06am
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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