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Sage Discovers Deeper Parallel Zone to Its Lynx Copper, Silver, Gold Deposit

Investing News Network
Mar. 22, 2011 12:02AM PST
Base Metals Investing

Sage Gold (CVE:SGX) discovers new parallel zone east of the company’s 100% owned Lynx deposit in the Beardmore-Geraldton Gold Camp in north-eastern Ontario.

Sage Gold (TSXV:SGX) discovers new parallel zone east of the company’s 100% owned Lynx deposit in the Beardmore-Geraldton Gold Camp in north-eastern Ontario.

The press release is quoted as saying:

The Lynx Cu-Ag-Au deposit comprises an inferred compliant resource of 1,936,000 tonnes at an average grade of 1.45% Cu, 39.1 g Ag/T and 0.58 g Au/T and contains 61.3 million pounds of copper, 2.24 million troy oz.’s of silver and 33,000 troy oz.’s of gold. These resources are reported at a cut-off grade of 0.5% copper.

Click here to access the entire press release

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