Dear Shareholder,

Thank you for your inquiry. Please refer to the press release January 18, 2008.

TORONTO, ONTARIO--(Jan. 18, 2008) - Sage Gold Inc. (TSX VENTURE:SGX) - On the Jacobus Nickel - Copper (Ni-Cu) property, in the Beardmore area, current drilling is designed to test lateral and down-dip extensions of an historical nickel (Ni) and copper (Cu) resource, as well as to explore the continuity of gold mineralization discovered during the summer 2007 drilling campaign (see press release of July 24, 2007).

Thirteen diamond drill holes totalling about 4,000 metres were drilled in the fall of 2007 and drilling is expected to resume in February 2008.

Selected assays from those received to date are reported below:

View Table

The assays for all holes that have been received to date are reported on www.sagegoldinc.com.

Assays are still outstanding for diamond drill holes SJ07,15,19,22,26,32,35.

Regards,

AGORACOM