07:42 AM EDT, 03/29/2018 (MT Newswires) -- Sage Gold (SGX.V) -- a mineral exploration and development company trading near year lows -- overnight Wednesday said it has completed its latest bulk sample mill run.

According to a statement, the custom mill processed 3,976 dry tonnes of mineralized material yielding approximately 312 ounces. Sage expects the next mill run to start in the next two weeks. It added that it plans to complete a Mineral Resource/Reserve Estimate and a pre-feasibility study regarding the Clavos Project.

The company plans to complete a Mineral Resource and Mineral Reserve Estimate and a Pre-Feasibility study regarding the Clavos Project.

Shares on Wednesday fell 4.8% to $0.10 apiece in a 52-week range of $0.09 - 0.27, while shares in Frankfurt and Berlin dropped 5.9%.

Price: 0.10, Change: -0.005, Percent Change: -4.76