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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

Bullboard Posts
Post by SimplyTheBeston Feb 26, 2009 10:00am
305 Views
Post# 15804776

NEWS

NEWS
Sage Gold Inc.: 93.72 g Au/T-Channel Sample at Golden Extension Discovery Beardmore-Geraldton Gold Camp
Last Update: 2/26/2009 9:36:04 AM

TORONTO, ONTARIO, Feb 26, 2009 (Marketwire via COMTEX) -- Golden Extension - Jacobus East

Sage Gold Inc (SGX) has received further channel sampling results from Vein 4 of the Golden Extension discovery in the Beardmore-Geraldton Gold Camp (BGGC) including 93.72 g Au/T over a channel width of 0.4 metres. The Golden Extension discovery is located immediately northwest and on strike with Kodiak Exploration Ltd's Golden Mile discovery.

Highlights - Vein 4

- Visible gold present in northwest trending quartz veins and in the silicified pyritic wall rocks

- New channel results - 93.72 g Au/T over a channel width of 0.4 metres

- Contact zone - intrusion and volcanic - Extensive Quartz Stockwork with mineralized wall rock

- Vein exposed over a strike length of 80 metres

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