Recently acquired SGX 'Paint Lake' property neighbour ONT news out this AM...

LONDON, ONTARIO-(May 14, 2008) - Ontex Resources Limited (TSX:ONT) is pleased to announce that it has engaged the services of Scott Wilson Roscoe Postle Associates Inc. (Scott Wilson RPA) to assist in the evaluation of the Brookbank Gold Deposit.

contd... http://www.agoracom.com/ir/ontex/mes...

FYI... http://www.sagegoldinc.com/site/Desk...

"The property is contiguous with the eastern boundary of the Brookbank gold deposit which contains a NI 43-101-compliant indicated and inferred mineral resource of 2.6 million tonnes, grading 7.4 grams per tonne gold, containing 629,900 ounces of gold."

Some have posted here that this property (i.e. Paint Lake) was a very desireable property and was acquired by SGX because of Nigel Lees negotiating experience and industry contacts. Very nice acquisition IMO...

Compare p. 2 here: (i.e. 'Paint Lake option')http://www.ontexresources.com/docume...

with slide 9 here: http://www.sagegoldinc.com/site/imag...

... can anyone confirm these are the same claims? If so and SGX now has claim to these claims. What direction does Brookbank trend?! Right onto/through? Paint Lake option. This could be significant acquisition.

red911