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    Sage Gold reports 23.09 g au/T-Paint Lake channel results

    Melissa Pistilli
    Aug. 25, 2008 10:13AM PST
    Company News

    Sage Gold Inc.reports it has completed 26 channel samples on the optioned Paint Lake property, Beardmore Ontario. Highlights – Paint Lake – best channel results 23.09 g Au/T over 0.4 metres. – Stripped mineralized zone 140 metres in strike length and up to 3 metres in width. – 1.2 kilometres east of the Ontex/Brookbank property. The …

    Sage Gold Inc.reports it has completed 26 channel samples on the optioned Paint Lake property, Beardmore Ontario.

    Highlights

    – Paint Lake – best channel results 23.09 g Au/T over 0.4 metres.

    – Stripped mineralized zone 140 metres in strike length and up to 3 metres in width.

    – 1.2 kilometres east of the Ontex/Brookbank property.

    The gold mineralization as seen in recently stripped outcrops, occurs in east-west-trending sulphide-rich zones within tuffs and mafic pillow basalts, which are overlain by a Timiskaming-type polymictic conglomerate. Quartz-carbonate-pyrite-chalcopyrite veins occur within and sub- parallel to the Paint Lake “Shear” Zone.

    For full details of this press release, click this link. To view Sage Gold’s company profile, click here. Follow developments in gold mining and exploration for free. Sign on to the Gold Investing Newsletter.

     

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