Dear Shareholder,

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

With the Kodiak discovery at Golden Mile, we are aggressively supplementing our exploration plans for Jacobus. The Golden Mile strike direction is in a north westerly direction and if it continues would cross into Sage’s Jacobus property. In order to determine this and any other potential gold targets we plan an extensive line cutting program, geophysics towards the middle and north end of the property and if warranted a drill program will commence in 2008. This will be in addition to the current program designed to extend the current historical nickel/copper resource, both laterally and down dip as well as following up on the gold intersection in the previous drill campaign. A more comprehensive update will be the subject of a press release in the next 10 days.

Regards,

AGORACOM Investor Relations