Timmins & Beardmore - Northern Ontario

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Message: Re: NEWS - Wahgoshig First Nation Signs Memorandum of Understanding With Sheltered Oak Resources and Sage Gold

Dear Shareholder,

Thank you for your inquiry. The following response was provided by Sage Gold management.

The Press Release issued today regarding the Wahgoshig First Nations MOU simply means SAGE/Sheltered Oak have the "green light" to commence drilling on the Kerrs property as soon as a drill rig can be procured. We can drill year round so an announcement will be forthcoming when a drill is secured.

Regards,

AGORACOM Investor Relations

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