FYI. Just released. Some really high grab and channels in these results.

Also another NR soon from wider (2-3m on surface) Vein 9.

Seems SGX has what KXL has? Comments. Thsi obviously great for both companies as would demonstrate/confirm GM extends a massive distance onto and well into SGX property.

red911

Sage Gold samples 259.99 g/t gold at Golden Extension

2009-03-19 08:38 ET - News Release

Mr. Nigel Lees reports

SAGE GOLD'S GOLDEN EXTENSION DISCOVERY ADDITIONAL HIGH GRADE RESULTS

Sage Gold Inc. has received additional channel and grab sample results from vein 2 and vein 4 of the Golden Extension in the Beardmore-Geraldton gold camp. Sage reported (February 26, 2009) channel results from Vein 4 of 93.72 g Au/T over a channel width of 0.4 metres. Additional results from Vein 4 include a channel sample of 11.15 g Au/T over 0.3 metres. Sage's Golden Extension discovery is located immediately northwest of Kodiak Exploration Ltd's Golden Mile discovery.

Highlights

- Vein 4 - channel samples - 11.15 g Au/T over 0.3 metres and 9.51 g Au/T, over 0.20 metres

- Vein 4 grab sample of 259.99 g Au/T; 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

- Vein 2 - channel samples of 8.21 g Au/T and 7.29 g Au/T over 0.50 metres

Vein 4 has now been exposed and sampled a total length of 83 metres. Over most of its length, it consists of a single quartz vein in granodiorite. At the western end of the trenched area, the single vein feathers out into a series of at least four separate veins and stringers in a 2.5 metre width of sheared mafic volcanic rocks, at the contact between volcanic and granodiorite country rocks. Each individual quartz vein and stringer is mineralized with pyrite and visible gold. Vein 4 was exposed as far as possible to the west until the overburden became too deep.

To date, Vein 4 is by far the strongest mineralized quartz vein emanating from Sage's initial discovery. Meanwhile, SAGE's prospecting team discovered a new vein, Vein 9; 300 metres to the west-northwest of Vein 4. Assays from Vein 9 will be reported shortly in a separate news release.

Channel and Grab Sample Results -Vein 2 and Vein 4 Highlights
-------------------------------------------------------------

----------------------------------------------------------------------------
                             Width  Au Grade
Location        Channel /  --------------------   Description           Note
                   Grab          m       g/T
----------------------------------------------------------------------------
Jacobus    230- channel (i)   0.40      1.09      Quartz vein
         ------------------------------------------------------
Vein 4        230 -grab (i)            58.91      Quartz vein
         ------------------------------------------------------
              230 -grab (i)             7.63      Quartz vein
         ------------------------------------------------------
              230- grab (i)             7.72      Quartz vein
         ------------------------------------------------------
              230- grab                 6.56      Quartz vein
         ------------------------------------------------------
              230- grab                 1.70      Quartz vein
         ------------------------------------------------------
              230 -grab                22.54      Quartz vein
         ------------------------------------------------------
              231- grab (i)            27.48      Quartz vein
         ------------------------------------------------------
              231- grab                 1.83      Quartz vein
         ------------------------------------------------------
              231- grab                 9.05      Quartz vein
         ------------------------------------------------------
           231- channel (i)   0.40     23.71      Quartz vein
         ------------------------------------------------------
           232- channel (i)   0.50      1.64      Quartz vein
                                                and volcanics
         ------------------------------------------------------
           235- channel (i)   1.00      1.78      Quartz vein
                                                and volcanics
         ------------------------------------------------------
              231- grab (i)            46.28      Quartz vein
         ------------------------------------------------------
           233- channel (i)   0.30      4.97      Quartz vein
         ------------------------------------------------------
           236- channel (i)   0.70      7.85      Quartz vein
         ------------------------------------------------------
           234- channel       0.80      1.41      Quartz vein       Weighted
                                                and volcanics        average
         ------------------------------------------------------
           237- channel       0.30      4.05      Quartz vein
         ------------------------------------------------------
           238- channel       0.60      6.66      Quartz vein
         ------------------------------------------------------
           241- channel       0.80      4.69      Quartz vein       Weighted
                                             and granodiorite        average
         ------------------------------------------------------
           241- channel (i)   0.30      2.06      Quartz vein
         ------------------------------------------------------
              241- grab               235.96      Quartz vein
         ------------------------------------------------------
           242- channel       0.50      5.96      Quartz vein
         ------------------------------------------------------
           242- channel       0.30      1.76      Quartz vein
                                                and volcanics
         ------------------------------------------------------
           240- channel (i)   0.40     93.72      Quartz vein
         ------------------------------------------------------
              242- grab (i)            53.14      Quartz vein
         ------------------------------------------------------
              242- grab (i)             9.61      Quartz vein
         ------------------------------------------------------
           239- channel (i)   0.30      3.15      Quartz vein
         ------------------------------------------------------
           239- channel (i)   0.20      7.68      Quartz vein
         ------------------------------------------------------
           239- channel       0.20      9.51      Quartz vein
         ------------------------------------------------------
           246- channel       0.50      2.35      Quartz vein
                                                and volcanics
         ------------------------------------------------------
           246- channel       0.30     11.15      Quartz vein
                                                and volcanics
         ------------------------------------------------------
              239- grab               207.91      Quartz vein
         ------------------------------------------------------
              239 -grab               142.15      Quartz vein
         ------------------------------------------------------
              239- grab               259.99      Quartz vein
         ------------------------------------------------------
                   grab                 1.97      Quartz vein
         ------------------------------------------------------
           245- channel       0.60      3.17      Quartz vein
         ------------------------------------------------------
                   grab               193.77      Quartz vein
----------------------------------------------------------------------------
Jacobus    113- channel       0.50      3.73      Quartz vein      from 2008
         ------------------------------------------------------
Vein 2     108- channel       0.40      3.42      Quartz vein
         ------------------------------------------------------
           109- channel       0.50      7.09      Quartz vein
         -------------------------------------------------------------------
           247- channel       0.50      8.21      Quartz vein       Weighted
                                             and granodiorite        average
----------------------------------------------------------------------------
(i) Assays previously reported.

Note the channel samples reported in this release are not of true width due to surface undulations.

Refer to www.sagegoldinc.com for a channel map and assay results to date of Vein 4 and Vein 2.

Technical Information

Sage's channel samples are between 3 and 4 cm wide and are cut with a motorized diamond saw to a depth of approximately 5 cm. The channels are cut as close to perpendicular to the strike of the vein as permitted by the rock surface. Samples are taken from the footwall, the vein and the hanging wall. Sample intervals are chosen to provide a representative sample of the surface mineralization of the vein and the wall rock. Assays reported in this news release were completed by Accurassay Labs in Thunder Bay. Accurassay's gold analysis is performed using a 30g fire assay charge. The fire assay procedure uses lead collection with a silver inquart. The beads are then digested and an atomic absorption or ICP finish is used. All gold assays that are greater than 10 g/t are re-assayed by fire assay with a gravimetric finish.

The technical content of this news release relating to the Jacobus East Golden Extension project has been reviewed by Sage's consulting Geologist Colin Bowdidge, Ph.D., P.Geo., who is a qualified person as defined by NI 43-101.