Onaman Lake (Lynx)
200 km NE of THUNDER BAY
Commodities: Silver, Gold, Copper
March 22, 2011
Sage Gold has discovered a new parallel zone of deeper apparent conductivity through a recently completed and analyzed airborne combined magnetic and ZTEM survey 500 metres east of its 100% owned Lynx deposit on the Onaman Property in north-eastern Ontario, Canada.
November 30, 2009
Sage Gold reported to have completed surface prospecting, grab and channel sampling and geological mapping on its large land package in the Beardmore-Geraldton camp, an aggregate of 150,000 acres. Highlights includes from the Bernadine prospect with channel samples returning values ranging from 1.02% Cu, 0.39% Ni, 1.66g/t Pd, 0.75g/t Pt, 2.15% Cr, 14.31g/t Ag and 0.135g/t Au to levels below the detection limits. At the Currie (Hopkins) prospect, channel samples of up to 11.1g/t Au, 285.11g/t Ag, 3.8% Pb and 4.6% Zn over 0.38m with a low value of 0.01g/t Au, 5.28g/t Ag, 0.06% Pb and 0.05% Zn over 0.6m.
March 31, 2009
Sage Gold completed a NI43-101 compliant resource estimate for the Lynx copper-silver-gold project located on its 100% controlled Onaman property in the Beardmore-Geraldton gold camp in Ontario, Canada. Highlights include inferred resource of 1,936,000 tonnes at an average grade of 1.44% Cu, 39.6 g Ag/T and 0.58 g Au/T, containing 61.3 million pounds of copper, 2.24 million troy oz of silver and 33,000 troy oz of gold. These resources are reported at a cut-off grade of 0.5% copper.