Dear Shareholder,

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

The examples you provided from Kodiak and Grandview are very acceptable as are the drill results SAGE has posted from Jacobus to date. What is important is the size of the ore body and yes depth is very important. All exploration companies are drilling to define the overall size (tonnage) of the deposit, the average grade (over 1 gram per tonne of gold is good) and the recovery rate which is the metallurgical process meaning how much of the gold (Au) or mineralization can be extracted from the actual rock (ore). To simplify what to look for is width (size) per Grandview example and the grade which is measured by grams per tonne pertaining to gold. We estimate our assays from Jacobus will be available mid-late November and Pony Spur will be in December at which time we will explain the results via the power of Agoracom’s “Beyond the Press Release” where Nigel Lees will expound on the drill results in basic terms.

Regards,

AGORACOM Investor Relations