Sage - 2009 New Discoveries in BGG
posted on
Nov 30, 2009 03:10PM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
This post includes only the highlights. Use link for full NR.
http://www.sagegoldinc.com/site/Portals/57ad7180-c5e7-49f5-b282-c6475cdb7ee7/nov30_09.pdf
NEWS RELEASEU
Sage - 2009 New Discoveries in BGG
Toronto, Ontario, November 30 , 2009
Sage Gold (TSX.V-SGX) is pleased to announce that its extensive exploration activities in 2009 in the Beardmore-Geraldton Gold Camp (BGG), has yielded new surface discoveries of gold (Au), silver (Ag), platinum (Pt), palladium (Pd), nickel (Ni), copper (Cu), chromium (Cr), lead (Pb) and zinc (Zn) in grab and channel samples on nine different properties.
Sage has completed surface prospecting, grab and channel sampling and geological mapping on its large land package in the BGG, an aggregate of 150,000 acres. Further property details are outlined below.
Highlights:
Bernadine – Channel samples - values ranged to highs of 1.02% Cu, 0.39% Ni, 1.66 g
Pd/t, 0.75 g Pt/t, 2.15% Cr, 14.31 g Ag/t and 0.135 g Au/t to levels below the
detection limits.
Currie (Hopkins) – Channel samples of up to 11.1 g Au/t, 285.11 g Ag/t, 3.8%
Pb and 4.6% Zn over 0.38 metres with a low value of 0.01g Au/t, 5.28 g Ag/t,
0.06% Pb and 0..05% Zn over 0.6 metres
YM (Onaman) –Best grab sample yielded - 9.9 g Au/t, 1327.5 g Ag/t, 10.5% Pb,
6.4% Zn and 0.3% Cu.
Dorothea – Best grab sample yielded - 61.9 g Au/t and 1830.3 g Ag/t
Sage President & CEO Nigel Lees commented; ”With the addition of these results, we
have enhanced our comprehensive exploration portfolio and are seeking joint venture
partners to accelerate the development of Sage’s properties in the BGG.”