Timmins & Beardmore - Northern Ontario

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Message: Question for SGX
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Dear Shareholder,

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

Our opinion has not changed and as mentioned it appears to be open-pittable. Further drilling and testing will allow us to analyze and confirm the production methodology. Thank you for your question.

Regards,

AGORACOM Investor Relations



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