Nigel Lees discusses merger agreement with Consolidated Puma Minerals
Exploration In The Americas
“GOLDEN EXTENSION”/JACOBUS EAST
(SGX: TSX-V)
Sage Gold Inc. is a mineral exploration company led by a reputable team of financial and geological specialists. The Sage management team and Directors have extensive experience in all aspects of mineral exploration, development, and financing in both senior and junior resource companies. The company is focused on exploring, developing and acquiring economic properties in the Americas.
Property Highlights
Jacobus “GOLDEN EXTENSION”
- Multiple gold bearing veins discovered to date
- Drilling in June 2009
- New channel results - 93.72 g Au/T over a channel width of 0.4 metres (released Feb 26, 2009)
- Best channel results from Vein 1 to date 136.5 g Au/T, 81.1 g Au/T; Vein 4 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
- Golden Extension is believed to be the northwest extension of Kodiak Explorations’ Golden Mile
Onaman
LYNX ZONE, PAINT LAKE,SOLOMON’S PILLARS
LYNX ZONE
- NI43-101 Compliant Resource released in March 2009 with 1,936,000 tonnes with an average grade of 1.44% Cu, 39.6 G Ag/T and 0.58 g Au/T and contains 61.3 Mlbs copper, 2.24 Moz Silver and 33,000 oz. of gold
- Drill intersections vary in width from 1.22 metres to 13.60 metres.
- The Lynx North, Central and South zones are joined
- Mineralization is open to the south and north and at depth.
PAINT LAKE
- Stripped mineralized zone 140 metres in strike length and up to 3 metres in width
- Best channel sample to date 23.09 g Au/T over 0.4 metres
- Contiguous to Ontex/Brookbank property which has a NI43-101 Resource of 693,000 ozs gold with high grade intersections (85.09 g Au/T over 3.4 metres)
- Drilling in 2009
Nigel Lees discusses merger agreement with Consolidated Puma Minerals