Might as well keep this Big M literature updated :D...

Like I said I was suprised Nigel did not mention a little more about Big M in latest interview given all the very positive descriptors of channel samples used in previous NRs... even more suprised now that we have learned from latest MD&A released yesterday they have completed 4 holes (i.e. drill holes) "into the Big M zone" (see below). More great Big M news IMO.

Therefore, we can safely assume/have confirmation IMO that the channel samples were mineralized to such an extent that formal assay results were not necessary to make the drilling decision (x4). Not 1 hole but 4. Also... seems like the same decision (i.e. assay results not necessary to make the drilling decision) has also been made re: SE Jacobus.

Make sense? Comments?

red911

P.S. I have copied all relevant Big M excerpts below...

MD&A (May 29, 2008), p. 5:

"At the Big M anomaly, trenching and overburden stripping is 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. Sage has completed four holes into the Big M zone."

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."

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. "

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."