Dear shareholder,

The following answers were provided by SAGE Gold management.

Is SGX continuing to strip and trench and sample Jacobus East? If so, have you been successful uncovering additional gold-bearing vein structures?A: We are not stripping and trenching presently but will resume during the 2009 program.

Given Kodiak has announced plans to further exploration to the NW, does SGX plan to strip and trench further to the SE with the ultimate goal of establishing continuity with Kodiak's Golden Mile? A: Yes, absolutely.

SGX has previously (some time ago) announced discovery of the 'border vein' and that this vein was not sampled due to "poor weather conditions". Does SGX plan to further explore (i.e. strip, trench and/or sample) the 'border vein' during the 2009 exploration season?

A: Yes and soil geochemistry is also planned to further define the mineralization.

Regards,

AGORACOM Investor Relations