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AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More

The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

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CONTINENTAL ENERGY Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

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Message: INDUSTRY BULLETIN - Barrick pays $557-million to exit hedges

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INDUSTRY BULLETIN - Barrick pays $557-million to exit hedges

posted on May 02, 07 07:27AM

Dear Sage Gold Inc. Shareholders,

In an effort to keep you up to date on all pertinent information regarding Sage Gold Inc., please see the attached article titled, "Barrick pays $557-million to exit hedges"

Barrick's status as an unhedged gold producer marks the end of an era for the company, which adopted hedging, or forward gold sales, as a way to buffer itself against flat or falling gold prices. It turned away from the practice when investors began to shun gold producers that didn't have full exposure to rising gold prices, which have more than doubled over the past five years.

Regards,

AGORACOM Investor Relations

Barrick pays $557-million to exit hedges

WENDY STUECK

VANCOUVER — — — Barrick Gold Corp. has shaken off its golden handcuffs, announcing yesterday that it has eliminated the last of sales contracts that prevented the company from taking full advantage of rising gold prices.

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