Sagres Energy Inc V.SGI

bonanza grades

[ppp]

Four Eagles Gold Project, Victoria

Iris Zone strike extends to 500m with bonanza hits of up to 1,840g/t Au

Stunning assays provide more strong evidence that Four Eagles has the potential to be an extension of the historical 22Moz Bendigo Goldfield

Key Points

• Latest assays from the Iris Zone include 6.5m @ 197.2g/t Au (incl. 0.55m @ 1,840 g/t Au), 3.7m @ 42.4g/t Au, 4.2m @ 53.4g/t Au, 1.7m @ 147.0g/t Au & 1.5m @ 28.8g/t Au

• Iris Zone appears to be continuous with mineralisation intersected over a 500m strike length where it remains open in both directions

• The Iris Zone occurs within fresh consolidated rock, which is in close proximity to the proposed exploration access tunnel at Four Eagles

• Iris Zone presents first clear ‘proof of concept’ that Four Eagles contains the same structural style as the historical 22-million-ounce Bendigo Goldfield, where high-grade mineralised zones repeated at depth

• Numerous high-grade mineralised intercepts still lie within close proximity to the proposed tunnel, further supporting the concept of multiple high-grade veins in the Four Eagles area