Dear Blizzy,
The following reply was given by Bill Love, Chief Geologist of Sage Gold;
The press release stated that Lynx #1 and Lynx #3 are connected on a northwest southeast trend. Lynx #2 trends west/northwest – east/southeast. There is an iron formation that has been identified in the field which strikes north – south to the west of the lynx zones. The reader should refer to the press release of March 2nd and the map on the second page of the press release. The inferred strike of the iron formation is marked on the map based on strike measurements made of outcrops. There is a noticeable change in the strike between the Lynx zones and the general north south strike observed on the rest of the property. The reason for this difference is not known directly at the moment although it could be ascribed to a fold structure or a lithological/structural break.
Question 2)
Diluted shares in total: 112.2 million w/ total proceeds from warrants $12,209,233
Regards,
AGORACOM Investor Relations