Sage Gold Inc. (TSX.V-SGX) is a Canadian exploration and development company with land positions in Timmins and Beardmore in northern Ontario. The Company is focused on becoming a near-term gold producer.

In 2010, SGX made a quantum leap forward by optioning the Clavos mine from St Andrew Goldfields (TSX-SAS) in the Timmins Gold Camp.

Clavos was briefly in production between 2005 and 2007 and SAS invested $72 million in mine and infrastructure development. Drill results to-date have confirmed the existing resource and Sage Gold is encouraged by ongoing development work.

The Sage Gold management team and board have extensive experience in finding, developing and financing new projects. SGX continues to identify additional properties for acquisition to further enhance shareholder value and create cash flows.

The Clavos mine is located within the Timmins Mining camp

Highlights:

• Located in the prolific Timmins Mining camp and very close geographically (20kms) to Goldcorp’s (TSX-G) high grade Hoyle Pond mine which has produced more than 2.4 Mozs since 1985 and is still in operation.
• $72 miilion invested by St. Andrew Goldfields (SAS) on the development of the Clavos mine including $46 million on underground development.
• Existing infrastructure in place including underground ramp access to the 300 metre level, underground levels developed every 25 metres, power to site, surface ventialtion system, water management system.
• Prior gold resource for Clavos reported by SAS in October 2006. The resource was calculated by Roscoe Postle & Associates and comrpises 37,000 gold ozs, 143,000 tons @ 8.0 g/t Au in M&I and 110,000 gold ozs, 529,000 tons @6.5 g/t Au in Inferred
• Existing mining permit in effect until 2019.

Clavos is also located 10 kilometres from the Brigus Gold mill in Stock Township.