Timmins & Beardmore - Northern Ontario

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Message: E Research report

Thanks for posting the report w6w.

I also like being reminded of native gold found in several channel samples at Big M... as longbomb has mentioned previous. Applicable NRs and eResearch Report excerpts worth a re-read below (in chronological order) for an indication of what's coming re: Big M results as assays are pending. Mgmt has given us many clues... almost too many :D. I am guessing these Au values were so high they had to also be re-assayed, hence the delay.

As w6w first has said here a long time ago... Big M looks to be huge find for SGX. If you don't think so... seriously read excerpts below. Looking forward to channel sample and SM08-01 results SOON!

IMO

red911

Jan 18th NR:

"Big M

Sage has discovered previously unknown gold-rich quartz vein*S* in a chlorite-carbonate tuff on the southern end of the Big M anomaly on its Onaman property in the Beardmore Geraldton gold camp. Coarse, native gold was seen in several channel samples. Additional gold-bearing veins have been identified over a 15-metre width, and stripping and channel sampling are continuing. The sampling program will concentrate on collecting representative samples for metallic screening in order to reduce the nugget effect of visible gold.

The Big M anomaly is due to a 1,700-metre-long pyrite-pyrrhotite sulphide unit that is from 3.7 to 33 m thick and is a strong electromagnetic conductor. It is located one kilometre west and parallel to the Lynx mineralized exhalite horizons. Underlying this unit, chloritoid and kyanite alteration of host volcanics is prevalent as is a 600-metre-thick felsic sequence, which is the expression of a felsic volcanic centre. These characteristics are often associated with Noranda-type volcanogenic massive sulphide (VMS) deposits, suggesting the presence of VMS sulphides."

From Feb 29th NR:

"The Big M, Onaman property

At the Big M anomaly, trenching and overburden stripping are continuing and several zinc- and silver-rich float boulders were found. The boulders are from a nearby source, which may represent a zinc-copper core of a volcanogenic massive sulphide system. Visible gold was discovered in surface trenches associated with quartz veins (see the company's press release in Stockwatch dated Jan. 18, 2008).

Hole SM08-01 completed to 608 metres and was spotted 125 metres to the west of surface showings. Intersected were several zones of sulphide mineralization and extensive quartz veining within steeply west-dipping intermediate volcanics and pyroclastic equivalents. Assay results are pending. "

eResearch Report (P. 22):

"(ii) Big M (Au)

Sage has also been trenching and sampling a 1.5-km-long VMS
related alteration system
on the western side of the Onaman
property. As a result, the Company has discovered previously
unknown gold-rich quartz veins
at the southern end of the
Big M anomaly. Native gold has been seen in SEVERAL channel
samples
, and the stripping and sampling program will be
ongoing. Sage Gold commenced drilling this system to over
600 metres in vertical depth in 2008. Hole SM08-01 was
completed to 608 metres, and intersected several zones of
sulphide mineralization and extensive quartz veining
within
steeply WE-dipping intermediate volcanics and pyroclastic
equivalents. Assay results are pending."

red911

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