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

- August 25th, 2008

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 … Continued

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.

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