SGX Resources Inc. reported that drilling in and around the Tully gold deposit located 25 km north of Timmins continues to identify wide, high-grade veins within and to the east of the main deposit. The following results are all that have been received to date from the joint (50/50) SGX/San Gold 2013 drill program. Drill hole #13-18 cut seven separate intersections at the eastern extent of the Tully deposit including a new zone of 17.6 metres grading 11.1 g/tonne as well as 7.7 metres of 6.1 g/tonne, less than 250 metres below surface. This hole is located immediately to the east of drill hole #13-15 which intersected 14.1 metres of 20.1 g/tonne, extending the zone along strike. Drilling continues to target gaps of information and extensions to the known zone along strike and to depth. A number of broad, high-grade intersections near surface have been encountered so far this year in a series of stacked gold bearing lenses or veins which make up the Tully deposit. During the latter part of 2012 an internal study was undertaken focusing on the structural and geological setting in order to fully appreciate the potential for additional mineralization and its controls. The Tully deposit is interpreted to be a series of shallow dipping (extensional or ladder) stacked vein sets within a subvertical competent mafic tuff host that is bounded by ultramafic volcanic rocks to the south and sediments to the north. This host sequence of rocks all lie within the regional east-west Pipestone Fault corridor, a northern splay from the Porcupine-Destor Fault. The Tully deposit has been drilled over a 600 metre strike length to date, and to depths of over 200 metres, remaining open along strike and to depth. True intersection widths are interpreted to be between 65% to 80% of drilled widths as shown in the table above. Assay intersections are uncut as an appropriate cutting factor has not yet been determined for this deposit. SGX is continuing to drill on the Tully deposit though the spring and summer.