TORONTO, ONTARIO--(Marketwire - March 19, 2009) - Sage Gold Inc (TSX VENTURE:SGX - News) has received additional channel and grab sample results from Vein 2 and Vein 4 of the Golden Extension in the Beardmore-Geraldton Gold Camp. Sage reported (February 26, 2009) channel results from Vein 4 of 93.72 g Au/T over a channel width of 0.4 metres. Additional results from Vein 4 include a channel sample of 11.15 g Au/T over 0.3 metres. Sage's Golden Extension discovery is located immediately northwest of Kodiak Exploration Ltd's Golden Mile discovery.
Highlights
- Vein 4 - channel samples - 11.15 g Au/T over 0.3 metres and 9.51 g Au/T, over 0.20 metres
- Vein 4 grab sample of 259.99 g Au/T; grab samples range from 1.7 g Au/T to 259.99 g Au/T with an overall average of 75.83 g Au/T
- Vein 2 - channel samples of 8.21 g Au/T and 7.29 g Au/T over 0.50 metres
Vein 4 has now been exposed and sampled a total length of 83 metres. Over most of its length, it consists of a single quartz vein in granodiorite. At the western end of the trenched area, the single vein feathers out into a series of at least four separate veins and stringers in a 2.5 metre width of sheared mafic volcanic rocks, at the contact between volcanic and granodiorite country rocks. Each individual quartz vein and stringer is mineralized with pyrite and visible gold. Vein 4 was exposed as far as possible to the west until the overburden became too deep.
To date, Vein 4 is by far the strongest mineralized quartz vein emanating from Sage's initial discovery. Meanwhile, SAGE's prospecting team discovered a new vein, Vein 9; 300 metres to the west-northwest of Vein 4. Assays from Vein 9 will be reported shortly in a separate news release.