Sage Gold Inc. Sage Gold Inc. http://agoracom.com/ir/sagegold en-US 03 Nov 2009 16:54:00 GMT 09 Nov 2009 22:54:13 GMT [Industry Bulletin] Gold Prices Hit New Record - $1,079.10 Per Ounce message_1255929 03 Nov 2009 16:54:00 GMT http://agoracom.com/ir/sagegold/messages/1255929

Dear shareholders,

In an effort to keep you up to date on all pertinent information regarding the resource sector and more specifically gold bullion please see article titled, “Gold Prices Hit New Record”.

Gold came into the day with a firmer tone, which traders at the time linked to news that the Reserve Bank of India bought 200 metric tons of gold from the International Monetary Fund between Oct. 19 and 30. The transaction involves nearly half of the 403.3 metric tons that the IMF had earmarked for sale.

Regards,

AGORACOM Investor Relations

Gold Prices Hit New Record

By ALLEN SYKORA

Gold futures surged to new record highs on Tuesday due to a combination of weakness in the euro, chart-based buying and a large purchase announced by India's central bank overnight.

Around 11:04 a.m. EST, December gold was up $25.10 to $1,079.10 an ounce on the Comex division of the New York Mercantile Exchange.

Click here to read article in its entirety.

]]> [Press Release] Sage Adds Strategic Properties in Beardmore message_1246877 22 Oct 2009 18:00:00 GMT http://agoracom.com/ir/sagegold/messages/1246877 TORONTO, ONTARIO--(Oct. 22, 2009) - Sage Gold (TSX VENTURE:SGX) announces the addition of the following properties to its land position in the Beardmore-Geraldton Gold camp (BGG). The additional properties are part of Sage's plan to acquire properties that are considered to be strategic to the Company's existing property position. Details of these property acquisitions are detailed below.

Sage President & CEO Nigel Lees commented, "These property additions complement and strategically add to our existing portfolio in the Beardmore - Geraldton Gold camp. For instance, King Solomon's Pillars adds an important eastern section to our Soloman's Pillars property; the Bearskin property includes the southern extension of the Paint Lake shear and the Spooner property includes the eastern extension of the vein systems that were mined at Roxmark's Northern Empire mine.

In addition to these property acquisitions, Sage's strategy is to advance its properties through exploration and acquire advanced gold properties with resources that can be developed over the near term into production."

Sage is continuing to aggressively explore its properties in the BGG Camp. This program has included prospecting, trenching, and drilling. High grade channel and grab samples have been previously announced on its three principal properties; Golden Extension, Paint Lake and Solomon's Pillars. An extensive drill program is currently being conducted on the Paint Lake and Solomon's Pillars properties. Drill results should be available in November. A till testing drill program on Golden Extension is planned for the winter to target swampy areas which are not easily accessible during the rest of the year.

King Solomon's Pillars: Pursuant to a Purchase and Sale Agreement Sage has purchased a 100% interest in a 21 year lease, No. 107144 as well as four unpatented mining claims on the Solomon's Pillars Property. The property is situated contiguous to the eastern boundary of Sage's Solomon Pillar's property where Sage recently announced (September 4th, 2009) a channel sample of 351.58 g Au/T over 1.28 metres. Historical drill hole SP-08-20 ran 4.32g Au/t over 6 metres. In consideration thereof, Sage will issue to the Vendor 400,000 common shares of Sage and a cash payment of $30,000.

Spooner: Sage has entered into an option agreement to earn an undivided one hundred percent (100%) interest in one lease as well as 9 unpatented mining claims located in McComber Township. The Spooner property is located contiguous to Roxmark Mines Limited's Northern Empire property and includes the eastern extensions of the Power and Contact veins which were mined at the Northern Empire Mine. Historical drilling included DDH #2 which ran 7.9 g/t over 0.76m and DDH #7 which ran 19.9 g/t over 0.31m The earn-in consideration is $48,000 over 3 years plus 60,000 common shares of Sage plus work expenditures.

Bearskin Lake: Sage has entered into an option agreement to earn an undivided one hundred percent (100%) interest in 14 unpatented mining claims located in Walters Township. The property is located 5km east - southeast of the Ontex Brookbank property. The earn-in consideration is $42,000 over 3 years plus 150,000 common shares of Sage.

Crooked Green Creek: Sage has entered into an option agreement to earn an undivided one hundred percent (100%) interest in one unpatented mining claim in Pifher Township. The earn-in consideration is $20,000 over 3 years plus 50,000 common shares of Sage plus work expenditures.

Final Lake: Sage has entered into an option agreement to earn an undivided one hundred percent (100%) interest in 2 unpatented mining claims located in the Fullerton Lake area. The earn-in consideration is $20,000 over 3 years plus 50,000 common shares of Sage plus work expenditures.

Vincent Lake: Sage has entered into an option agreement to earn an undivided one hundred percent (100%) interest in one unpatented mining claim located in the Leopard Lake area, comprising 16 units. The earn-in consideration is $40,000 over 3 years plus 100,000 common shares of Sage plus work expenditures.

Crooked Green Lake: Sage has entered into an option agreement to earn an undivided one hundred percent (100%) interest in one unpatented mining claim located in the Martin Lake area. The earn-in consideration is $20,000 over 3 years plus 50,000 common shares of Sage plus work expenditures.

Clist Lake: Sage has entered into an option agreement to earn an undivided one hundred percent (100%) interest in one unpatented mining claim located in the Clist Lake area. The earn-in consideration is $40,000 over 3 years plus 100,000 common shares of Sage plus work expenditures.

Pauloski: Sage has entered into an option agreement to earn an undivided one hundred percent (100%) interest in 3 unpatented mining claims, located in the Coughlan Lake area. The earn-in consideration is $37,500 over 2 years plus $12,000-worth of common shares of Sage.

Missing Link Extension: Sage has entered into an option agreement to earn an undivided one hundred percent (100%) interest in 2 unpatented mining claims located in the Lapierre Lake area. The earn-in consideration is $37,500 over 2 years plus $12,000-worth of common shares of Sage.

South Rickaby: Sage has purchased and undivided one hundred percent (100%) interest in one claim for a consideration of 75,000 shares of Sage.

To summarize, Sage will pay $71,000 in cash and issue an aggregate of 659,000 shares as the initial payment for the acquisition of strategic properties.

The issue of shares under the above mentioned option and purchase agreements by Sage Gold Inc. is subject to the approval of the TSX Venture Exchange.

SAGE is a mineral exploration and development company which has interests in exploration properties in Ontario and Arizona. Its main properties are the Jacobus, Paint Lake, Solomon Pillars and Onaman properties in the Beardmore-Geraldton Gold camp in Ontario. Technical reports relating to the properties can be obtained from the System for Electronic Document Analysis and Retrieval (SEDAR) website at www.sedar.com.

For all Sage Gold Inc. investor relations needs, investors are asked to visit the Sage Gold Inc. IR Hub at http://www.agoracom.com/IR/sagegold where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to sgx@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.

Some statements contained in this release are forward-looking and, therefore, involve uncertainties or risks that could cause actual results to differ materially. Such forward-looking statements include comments regarding mining and milling operations, mineral resource statements and exploration program performance. Factors that could cause actual results to differ materially include metal price volatility, economic and political events affecting metal supply and demand, fluctuations in mineralization grade, geological, technical, mining or processing problems, exploration programs and future results of exploration programs, future profitability and production. The Company disclaims any obligation to update forward-looking statements.

"Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

For more information, please contact

Sage Gold Inc.
Nigel Lees
President and C.E.O.
416-204-3170
416-260-2243 (FAX)

or

Sage Gold Inc.
Mike O'Brien
Manager/Investor Relations
416-204-3170
416-260-2243 (FAX)
www.sagegoldinc.com
]]> [Industry Bulletin] Gold to track oil, hit $1,500/oz in 2011 -BoA message_1232207 06 Oct 2009 16:07:00 GMT http://agoracom.com/ir/sagegold/messages/1232207

Dear shareholders,

In an effort to keep you up to date on the resource sector and more specifically gold bullion, please see the article titled “Gold to track oil, hit $1,500/oz in 2011 –BoA.”

Gold prices will hit $1,500 an ounce in 2011 when oil prices move back above $100 a barrel as emerging market growth creates shortages, Bank of America Merrill Lynch said on Monday.

Gold to track oil, hit $1,500/oz in 2011 -BoA

LONDON, Oct 5 (Reuters) - Gold prices will hit $1,500 an ounce in 2011 when oil prices move back above $100 a barrel as emerging market growth creates shortages, Bank of America Merrill Lynch said on Monday.

"For the world economy to resume growth of 5 percent, commodity supplies must expand by a similar rate, " said Francisco Blanch, head of global commodity research at the U.S. bank.

Click here to view article in its entirety.

]]> [Media] Corporate Video Update - Beardmore Properties message_1226484 29 Sep 2009 14:15:00 GMT http://agoracom.com/ir/sagegold/messages/1226484

]]> [Industry Bulletin] A Treasury Funding Crisis For The US As Early As October? message_1226505 28 Sep 2009 21:35:00 GMT http://agoracom.com/ir/sagegold/messages/1226505 The rally has taken Treasury yields — which move opposite the bonds’ price — to their lowest levels since spring, and have helped push mortgage rates to their lowest levels in three months. The Fed’s active presence has also raised questions of whether the rally is sustainable.

Wall Street Journal, September 21, 2009

The Fed has accounted for half of all Treasury purchases in Q2 ($164 billion of total of $339 billion). Below we present data for what could be construed as a Treasury funding crisis borne out of lack of demand for longer maturities, once the QE portion of UST purchases expires. This crisis could hit as soon as October.

ZeroHedge.com, September 25, 2009

]]> [Press Release] OAK To Purchase 100% Interest in the Kerrs Gold Property from Sage message_1226410 28 Sep 2009 19:09:00 GMT http://agoracom.com/ir/sagegold/messages/1226410 TORONTO, Sept. 28 - Sheltered Oak Resources Corp. ("OAK"), through its 100% owned subsidiary Sheltered Oak Resources Inc. and Sage Gold Inc. ("Sage") announce that OAK has agreed to purchase a 100% interest in Sage's, unpatented claims and interests in the Larder Lake Mining District in Kerrs Township in the Abitibi Greenstone Belt of Ontario (the 'Kerrs Gold Property') pursuant to a Purchase Agreement between the companies (the 'Purchase Agreement').

In consideration thereof Sage will receive 2 million common shares of OAK and $500,000 in cash to be paid to Sage 12 months following the Date of Closing of the Purchase Agreement. Sage will receive a 2% Net Smelter Royalty ("NSR") on the Kerrs Gold Property of which 1% can be purchased from Sage by OAK at any time for$500,000. OAK will also pay to Sage an advance royalty payment of $125,000 , payable in five annual instalments with the first payment due twenty-four months following the Date of Closing of the Purchase Agreement. This agreement is subject to regulatory approval from the TSX-V and transfers of portions of the properties are subject to the consent of the Ministry of Northern Development, Mines and Forestry (Ontario) and various individuals and corporations which may have interests in the claims and leases. When the approvals are received, announcements will be made and posted on SEDAR.

As previously disclosed, unpatented mining claim L1140877 (the 'Claim') lapsed and was staked in part by independent third parties. Sage has since reacquired approximately 50% of mining claims which restaked the area covered by the Claim. Oak is in discussions with a third party with a view to settling outstanding issues in relation to other claims restaked in the area covered by the Claim.

    <<
    Neither TSX Venture Exchange nor its Regulation Services Provider (as
    that term is defined in the policies of the TSX Venture Exchange) accepts
    responsibility for the adequacy or accuracy of this release.
    >>

For further information: Sheltered Oak Resources Corp.: Robert K. Hanson, Chief Executive Officer, Phone: (905) 847-6029, Fax: (905) 847-9575, Email: rhanson@shelteredoak.com; For OAK: CHF Investor Relations, Christopher Haldane, Phone: (416) 868-1079 ext. 237, Email: chris@chfir.com; Sage Gold Inc.: Nigel Lees, President & CEO, Phone: (416) 204-3170, Fax: (416) 260-2243, Email: nlees@sagegoldinc.com

]]> [Industry Bulletin] Cambridge Conference Is Must Attend For Resource Investors In Toronto message_1223066 23 Sep 2009 13:52:00 GMT http://agoracom.com/ir/sagegold/messages/1223066 ATTENTION: ALL TORONTO AND SURROUNDING AREA RESOURCE INVESTORS

SAGE Gold Booth: 1016

The Cambridge Conference is taking place this weekend and it will be as good as any given the state of commodity markets. The line-up of speakers is the best you’ll find at any conference in Canada and you’ll get a chance to meet with a number of great companies face-to-face.

Cambridge House will now be charging $20 entry fee at the door (not a gimmick, this is real) - BUT click on this link or the banner below and use our code (AGT9) to get in for free.

Second, AGORACOM will be meeting with members at our booth (#1006) on both Saturday (1:00) and Sunday (12:00). We will be drawing for cool prizes on the spot! Be sure to print off your profile page and bring it with you so you can enter the draw!

]]> [Event] Join us at the Toronto Resource Investment Conference message_1221541 21 Sep 2009 14:47:00 GMT http://agoracom.com/ir/sagegold/messages/1221541 Toronto Resource Investment Conference - September 26 & 27, 2009 - Booth 1016

]]> [Press Release] Sage Drills 9.59 g Au/t Over 1.65 Metres-Paint Lake Property message_1218977 17 Sep 2009 15:32:00 GMT http://agoracom.com/ir/sagegold/messages/1218977 TORONTO, ONTARIO--(Sept. 17, 2009) - Sage Gold (TSX VENTURE:SGX) is pleased to announce that the first phase of drilling has been completed on the Paint Lake property in the Beardmore-Geraldton Gold camp (BGG). The drill program has been successful in intersecting high grade gold mineralization including 9.59 g Au/t over 1.65 metres which includes 17.05 g Au/t over 0.8 metres and 9.99 g Au/t over 1.31 metres including 41 g Au/t over 0.3 metres. The drill program was designed to test mineralized structures on Veins 1-10. Sage has previously reported (June 17, 2009) channel samples of 22.77 g Au/t over 0.40 metres (Vein 10) and grab samples of 34.66 g Au/t (Vein 7). The second phase of drilling at Paint Lake will commence in late September 2009 and comprise a series of deep (approximately 500 metre) holes testing for Brookbank-type deposits along the Paint Lake shear corridor.


Selected drill highlights include:

                From         To          Au
                  (m)        (m)        g/t         Metres
09PL00         11.05       13.2        2.37           2.15
 2

09PL00         124.4     126.05        9.59           1.65
 4
 incl          124.4      125.2       17.05            0.8

09PL00           199        200        7.91              1
 5

09PL00          15.9      17.99         2.6           2.09
 7

09PL00        111.63     112.94        9.99           1.31
 8
 incl         112.63     112.94          41           0.31

Drill Indicated Widths (true widths unknown)

Sage has drilled nine holes to date for a total of 1711 metres. Assays are pending on several holes and all assays received can be found on our corporate website at www.sagegoldinc.com. Trenching and surface channel sampling continues on the Paint Lake property.

Recent channel results listed below show high grade silver mineralization in addition to the gold and copper content.


----------------------------------------------------------------------------
Channel                                                 Au       Ag      Cu
Number                   Area    Channel Width (m)    (g/t)    (g/t)     (%)
----------------------------------------------------------------------------

----------------------------------------------------------------------------
Ch. 102      Vein 4 Extension                 0.5     3.45
----------------------------------------------------------------------------

----------------------------------------------------------------------------
Ch. 103      Vein 4 Extension                 1.4     14.3   149.45    1.36
                    including                0.45    32.25   347.09     2.4
----------------------------------------------------------------------------

----------------------------------------------------------------------------
Ch. 104      Vein 4 Extension                1.16    12.86   147.73    0.81
                    including                 0.6    24.72   285.61    1.57
----------------------------------------------------------------------------

The Paint Lake Property is situated along a 500 m wide structural break which separates the Beardmore-Geraldton Belt in the south from the Onaman-Tashota Belt in the north. This structural break hosts Ontex Resources Ltd's Brookbank Deposit, approximately 3.5 km west of Sage's Paint Lake property. Gold mineralization occurs as high-grade quartz, Fe-carbonate and pyrite veins and silica-sulphide flooded zones that tend to occur toward volcanic flow contacts. The veins are largely controlled by the east-northeast trending Paint Lake shear corridor. Northwest trending dextral shear kinks also host auriferous quartz veins - an important discovery as they have never been noted in the historical data. These later northwest trending structures may prove to be an important gold bearing site as suggested by Kodiak's Golden Mile and Sage's Golden Extension.

Ongoing 1:2500 (regional) and 1:100 (stripping) scale mapping, ground geophysics and soil sampling is intended to reveal new targets for drilling later in the season.

Technical Information

Assays from drill core reported in this news release were completed by the ALS Chemex Laboratory in Thunder Bay, ON. Drill assays reported above were analyzed using a 30g fire assay charge with an AA finish. The fire assay procedure uses lead collection with a silver inquart. The beads are then digested and an atomic absorption finish is used. All samples with visible gold are assayed using a metallic screen procedure.

Sage's channel samples are between 3 and 4 cm wide and are cut with a motorized diamond saw to a depth of approximately 5 cm. The channels are cut as close to perpendicular to the strike of the vein as permitted by the rock surface. Samples are taken from the footwall, the vein and the hanging wall. Sample intervals are chosen to provide a representative sample of the surface mineralization of the vein and the wall rock. Assays reported in this news release were completed by Accurassay Labs in Thunder Bay. Accurassay's gold analysis is performed using a 30g fire assay charge. The fire assay procedure uses lead collection with a silver inquart. The beads are then digested and an atomic absorption or ICP finish is used.

Paint Lake channel sample results reported above were taken over 3.2 metres of strike length and represent all channel samples from the Vein 4 extension trench. The widths reported are the total widths sampled in the given channels.

The technical content of this news release has been reviewed by Sage's consulting geologist Robert B. L'Heureux, M.Sc., P.Geol., of APEX Geoscience Ltd., who is a qualified person as defined by NI 43-101.

SAGE is a mineral exploration and development company which has interests in exploration properties in Ontario, Nevada and Arizona. Its main properties are the Jacobus, Paint Lake, Solomon Pillars and Onaman properties in the Beardmore- Geraldton Gold camp in Ontario. Technical reports relating to the properties can be obtained from the System for Electronic Document Analysis and Retrieval (SEDAR) website at www.sedar.com.

For all Sage Gold Inc. investor relations needs, investors are asked to visit the Sage Gold Inc. IR Hub at http://www.agoracom.com/IR/sagegold where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to sgx@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.

This release was prepared by management of the Company who takes full responsibility for its contents.

Some statements contained in this release are forward-looking and, therefore, involve uncertainties or risks that could cause actual results to differ materially. Such forward-looking statements include comments regarding mining and milling operations, mineral resource statements and exploration program performance. Factors that could cause actual results to differ materially include metal price volatility, economic and political events affecting metal supply and demand, fluctuations in mineralization grade, geological, technical, mining or processing problems, exploration programs and future results of exploration programs, future profitability and production. The Company disclaims any obligation to update forward-looking statements.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

Contact:

Nigel Lees
Sage Gold Inc.
President and C.E.O
416-204-3170

Mike O'Brien
Sage Gold Inc.
Manager/Investor Relations
416-204-3170
416-260-2243 (FAX)
www.sagegoldinc.com
]]> [Press Release] 351.58 g Au/T Over 1.28 Metres- Channel Sample- King Solomon's Pillars message_1211578 08 Sep 2009 12:00:00 GMT http://agoracom.com/ir/sagegold/messages/1211578 TORONTO, ONTARIO--(Sept. 8, 2009) - Sage Gold Inc. (TSX VENTURE: SGX.V) is currently active with an extensive channel sampling program on the King Solomon's Pillars property in the Beardmore Geraldton Gold camp (BGG). This ongoing sampling program is designed to test showings discovered through prospecting conducted in 2008. Refer to the press release of March 12, 2009. Initial selected highlights include:

Royal Crown Showing -      channel samples - 351.58 g Au/T over 1.28 metres

                                             11.60 g Au/T over 0.65 metres

                                             10.23 g Au/T over 0.40 metres

                                             8.90 g Au/T over 0.65 metres

                                             4.57 g Au/T over 0.85 metres

                              grab samples - 19.08 g Au/T

                                             10.936 g Au/T

Golden Sceptore Showing -     grab samples - 154.09 g Au/T

                                             90.76 g Au/T

                                             80.78 g Au/T

                                             40.57 g Au/T

(i) Channel results are not true widths due to surface undulations

- Royal Crown Showing exposed over a strike length of 50 metres

- Golden Sceptore Showing - visible gold in grab samples - exposed over 70 metres

- Channel sampling has been completed at the Royal Crown Showing and is ongoing at the Golden Sceptore, Amulet and Throne showings

- Drilling to commence by October 1st, 2009

Royal Crown channel sample results reported above were part of a larger, 25 channel sample set covering approximately 25 metres of strike length. Channel samples were taken from various locations within the stratigraphy to characterize the nature and distribution of gold mineralization. Gold anomalism was indicated in all 25 channels samples including the lowest grade sample of 0.21 g Au/T over 1.65 metres. Additional channel results from Royal Crown are pending; average channel sample lengths were one metre.

Geological mapping of the King Solomon's Pillars property has been underway since June. To date, a number of observations have been drawn:

- The King Solomon's Pillars property is situated in the northern part of the Southern Sedimentary Unit; one of three metasedimentary panels that combined with three intercalated metavolcanic units constitute the Beardmore Geraldton Belt. Numerous gold mines and prospects are known in this belt including the Leitch mine which historically produced 848,000 oz of gold with an average grade of 0.92 oz/ton, Sand River and the formerly producing King Solomon's Pillars mine located east of the property. The Southern Sedimentary Unit also hosted the MacLeod - Cockshutt mine in Geraldton which historically produced 1.476 Moz of gold with an average grade of 0.14 oz/ton. - Gold is intimately associated with arsenopyrite and pyrite. Gold is associated with: a)silica-chlorite-sericite-carbonate altered pyrite-arsenopyrite bearing sheared arkosic sandstones; b) arsenopyrite bearing quartz-ankerite-hematite veins; and 3) sulphide (pyrite-arsenopyrite) replaced oxide facies (magnetite-hematite-jasper) banded iron formation, proximal to quartz veins..

- Gold mineralized shear zones are spatially associated with the banded iron formation units. The shear zones are D3 in age, reactivating S2 fabrics within D3 fold hinges.

- The primary feature on the property is a regional-scale F2 synform recognized on the basis of younging directions. The F2 fold axis largely dips steeply to the south, however, D3 deformation has partially disturbed its orientation. Geological mapping has shown that this structure closes toward the eastern boundary of the claims, proximal to the Strathcona shaft.

Sage's current model for the King Solomon's Pillars property is similar to that of the Geraldton area. That is, shallowly plunging ore shoots related to the preferential reorientation of pre-existing D2 structures by D3.

Technical Information

Sage's channel samples are between 3 and 4 cm wide and are cut with a motorized diamond saw to a depth of approximately 5 cm. The channels are cut as close to perpendicular to the strike of the vein as permitted by the rock surface. Samples are taken from the footwall, the vein and the hanging wall. Sample intervals are chosen to provide a representative sample of the surface mineralization of the vein and the wall rock. Assays reported in this news release were completed by Accurassay Labs in Thunder Bay. Accurassay's gold analysis is performed using a 30g fire assay charge. The fire assay procedure uses lead collection with a silver inquart. The beads are then digested and an atomic absorption or ICP finish is used. All gold assays that are greater than 10 g/t are re-assayed by fire assay with a gravimetric finish.

The technical content of this news release relating to the King Solomon's Pillars project has been reviewed by Sage's consulting Geologist Robert B. L'Heureux, M.Sc., P.Geol., of APEX Geoscience Ltd., who is a qualified person as defined by NI 43-101. SAGE is a mineral exploration and development company which has interests in exploration properties in Ontario, Nevada and Arizona. Its main properties are the Jacobus, Paint Lake, King Solomon's Pillars and Onaman properties in the Beardmore Geraldton Gold camp in Ontario. Technical reports relating to the properties can be obtained from the System for Electronic Document Analysis and Retrieval (SEDAR) website at www.sedar.com.

For all Sage Gold Inc. investor relations needs, investors are asked to visit the Sage Gold Inc. IR Hub at http://www.agoracom.com/IR/sagegold where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to sgx@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.

This release was prepared by management of the Company who takes full responsibility for its contents.

Some statements contained in this release are forward-looking and, therefore, involve uncertainties or risks that could cause actual results to differ materially. Such forward-looking statements include comments regarding mining and milling operations, mineral resource statements and exploration program performance. Factors that could cause actual results to differ materially include metal price volatility, economic and political events affecting metal supply and demand, fluctuations in mineralization grade, geological, technical, mining or processing problems, exploration programs and future results of exploration programs, future profitability and production. The Company disclaims any obligation to update forward-looking statements.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

Contacts

Nigel Lees
Sage Gold Inc.
President and C.E.O.
(416) 204-3170
(416) 260-2243 (FAX)

Mike O'Brien
Sage Gold Inc.
Manager/Investor Relations
(416) 204-3170
(416) 260-2243 (FAX)
www.sagegoldinc.com

]]> [Press Release] Sage Gold Inc.: Exploration Update-Beardmore Properties message_1209778 03 Sep 2009 18:02:00 GMT http://agoracom.com/ir/sagegold/messages/1209778 TORONTO, ONTARIO - (Sept. 3, 2009) - Sage Gold (TSX VENTURE:SGX) is focused on their three main properties; Golden Extension, Paint Lake and King Solomon Pillars in the Beardmore Geraldton Gold Camp (BGG) and is currently active with ongoing drilling, trenching and channel sampling, prospecting, geophysics and geological mapping. The exploration program has been accelerated following the completion of Sage's acquisition of Consolidated Puma (PR August 10, 2009).

Exploration Highlights

- Completed first phase of drilling on Golden Extension - further drilling in 2009

- Commenced drilling on Paint Lake - ongoing trenching and sampling

- Drilling to commence on Solomon Pillars

1) Golden Extension - Sage has drilled 17 holes on the Golden Extension vein system totaling 1068 metres. The initial drill program was designed to test near surface targets related to surface channel results. Further drilling is planned for the Fall to test both near surface and deeper mineralization. Sage continues to expose new veins in the immediate area of the Golden Extension with assays expected on additional channel samples. Prospecting crews have been deployed throughout the property and are sampling vein structures both within the Elmhirst intrusion and into the surrounding volcanics.

Sage has completed detailed geological mapping of the eastern side of the property and has identified two corridors of deformation/shearing and mylonitization hosting extensive vein systems. The corridors are defined by a magmatically related magnetic-high within ferrodiorite, with mineralized zones related to 'relative' magnetic-low features, presumably related to demagnetization of ferrodiorite during deformation /shearing /mylonitization. The northern NW structural corridors hosts the Golden Extension vein system where gold has been panned, observed and/or assayed in Trenches 1, 2b, 3b (newest discovery), 4 and 9-10. Vein 3b yielded a recent grab sample of 27.61 g Au/T. The southern NW corridor comprises demagnetized ferrodiorite, including many smaller shear zones with intense quartz veining. Similar to the northern corridor, demagnetization is presumably related to shearing, mylonitization and alteration. The southern corridor is being actively prospected with the aim of discovering more gold bearing vein systems similar to those in the northern NW corridor. Refer to www.sagegoldinc.com for a detailed geological map illustrating the northern and southern structural corridors.

Sage Gold President and CEO, Nigel Lees stated; "We have greatly accelerated our exploration program on our three primary gold properties; Golden Extension, Paint Lake and King Solomon Pillars. The gold mineralization at the Golden Extension occurs as coarse gold grains. Therefore, the results of surface sampling and drilling will be highly variable and our exploration program is oriented to intensive surface sampling and highly targeted drilling. We are planning to acquire additional properties in the BGG to augment our extensive land position".

Technical Information

Assays from drill core reported in this news release were completed by the ALS Chemex Laboratory in Thunder Bay, ON. Drill assays reported above were analyzed using a metallic screen fire assay comprising a fire assay analysis of the plus and minus 100 micron sieved fractions. This process is considered to produce a more accurate evaluation of total gold content in coarse gold systems such as seen in the BGG. These analyses are combined and a total gold content calculated. The fire assay procedure uses lead collection with a silver inquart. The beads are then digested and an atomic absorption finish is used.

The technical content of this news release relating to the Jacobus/Golden Extension project has been reviewed by Sage's consulting geologist Robert B. L'Heureux, M.Sc., P.Geol., of APEX Geoscience Ltd., who is a qualified person as defined by NI 43-101.

SAGE is a mineral exploration and development company which has interests in exploration properties in Ontario, Nevada and Arizona. Its main properties are the Jacobus, Paint Lake, Solomon Pillars and Onaman properties in the Beardmore Geraldton Gold camp and the Kerrs property in Ontario. Technical reports relating to the properties can be obtained from the System for Electronic Document Analysis and Retrieval (SEDAR) website at www.sedar.com.

For all Sage Gold Inc. investor relations needs, investors are asked to visit the Sage Gold Inc. IR Hub at http://www.agoracom.com/IR/sagegold where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to sgx@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.

This release was prepared by management of the Company who takes full responsibility for its contents. Some statements contained in this release are forward-looking and, therefore, involve uncertainties or risks that could cause actual results to differ materially. Such forward-looking statements include comments regarding mining and milling operations, mineral resource statements and exploration program performance. Factors that could cause actual results to differ materially include metal price volatility, economic and political events affecting metal supply and demand, fluctuations in mineralization grade, geological, technical, mining or processing problems, exploration programs and future results of exploration programs, future profitability and production. The Company disclaims any obligation to update forward-looking statements.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

CONTACT INFORMATION:

Sage Gold Inc.
Nigel Lees
President and C.E.O.
416-204-3170
Fax: 416-260-2243

or

Sage Gold Inc.
Mike O'Brien
Manager/Investor Relations
416-204-3170
Fax: 416-260-2243

]]> [Press Release] Sage Announces Closing of Merger With Consolidated Puma Mineral Resources Corp. message_1194935 10 Aug 2009 20:18:00 GMT http://agoracom.com/ir/sagegold/messages/1194935 Sage Gold Inc. (TSX VENTURE:SGX) ('Sage' or the 'Company') is pleased to announce the merger of Sage Gold Inc. and Consolidated Puma Minerals Corp. ('Consolidated Puma') was successfully completed effective August 7, 2009. With the closing of this transaction, Consolidated Puma shareholders became shareholders of Sage Gold on the basis of 1.202 shares of Sage for each Consolidated Puma common share held.

Sage, President & CEO, Nigel Lees said at closing, "We welcome the shareholders of Consolidated Puma as shareholders of Sage Gold. The additional shareholder base and the addition of two Puma directors will provide additional expertise in the resource business as Sage moves forward with the development of its exciting properties in the Beardmore Geraldton Gold camp."

Mr. Geoffrey Gold and Mr. Christopher Westdal have agreed to serve on the Company's Board of Directors.

Geoffrey Gold is an experienced resource executive. He is presently Executive Vice- President and Chief Legal Officer of Kinross Gold Corporation. Christopher Westdal is a former Canadian diplomat with many years of experience in the field, including heading Canadian Embassies, High Commissions and international delegations. Most recently, Mr.Westdal was Ambassador to Russia (2003 - 2006) and the United Nations in Geneva (1999 - 2003). Full biographies will be available on Sage's website shortly.

In order to accommodate two Consolidated Puma nominees on the Board, Mr. Joseph Baylis has agreed to step aside as a director of Sage. Mr. Baylis has agreed to continue to serve as an advisor to Sage and it is expected that he will rejoin the board of directors at Sage's next annual general meeting.

In accordance with the Arrangement Agreement dated May 20, 2009, the Sage Board of Directors has approved the grant of 3,425,700 Sage Replacement Options to former officers, directors and consultants of Consolidated Puma. The Sage options replacing the Puma options are exercisable at a strike price of $0.0832 for $0.10 Puma options, $0.1498 for the $0.18 options and $1.4559 for the $1.75 options for a term of up to five (5) years with immediate vesting. The grant of options are subject to TSX.V approval.

In addition, the Sage Board has approved the grant of 5,000,000 options to officers, directors and consultants of Sage. The options are exercisable at a strike price of $0.10 for a term of five (5) years with vesting over two years. The options are subject to TSX.V approval.

Mr. Stephen Kay and Mr. Jesse Gill have been appointed to the Advisory Board of Sage as consultants. Stephen Kay is a geologist with over 35 years of gold exploration and development experience. He has been President, CEO and a director of International Minerals Corporation, a TSX-listed emerging precious metals producer since 1993. He is currently a director of several public and private Canadian and United States companies. Jesse Gill is a co-founder of TerraNova Partners, an alternative asset and private equity money manager. Mr. Gill is a Director and officer of several public and private companies. Mr. Gill holds a Bachelor of Commerce degree in Finance from McGill University.

Sage is a mineral exploration and development company which has interests in exploration properties in Ontario, Quebec, Nevada and Arizona. Its main properties are the Jacobus, Paint Lake, Solomon Pillars and Onaman properties in the Beardmore Geraldton Gold camp in Ontario. Technical reports relating to the properties can be obtained from the System for Electronic Document Analysis and Retrieval (SEDAR) website at www.sedar.com.

For all Sage Gold Inc. investor relations needs, investors are asked to visit the Sage Gold Inc. IR Hub at http://www.agoracom.com/IR/sagegold where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to sgx@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.

This release was prepared by management of the Company who takes full responsibility for its contents.

This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended and "Forward Looking Information" within the meaning of applicable Canadian securities legislation.Some forward looking statements and forward looking information contained in this release are forward-looking and, therefore, involve uncertainties or risks that could cause actual results to differ materially. Such forward-looking statements include comments regarding mining and milling operations, mineral resource statements and exploration program performance. Factors that could cause actual results to differ materially include metal price volatility, economic and political events affecting metal supply and demand, fluctuations in mineralization grade, geological, technical, mining or processing problems, exploration programs and future results of exploration programs, future profitability and production. The Company disclaims any obligation to update forward-looking statements.

"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

For more information, please contact

Sage Gold Inc.
Nigel Lees
President and C.E.O.
416-204-3170
416-260-2243 (FAX)

or

Sage Gold Inc.
Mike O'Brien
Manager/Investor Relations
416-204-3170
416-260-2243 (FAX)
]]> [Press Release] Sage Gold and Consolidated Puma Announce Shareholder Approval of Plan message_1183015 23 Jul 2009 16:20:00 GMT http://agoracom.com/ir/sagegold/messages/1183015 TORONTO, ONTARIO--(July 23, 2009) - Sage Gold Inc. (TSX VENTURE:SGX) ("Sage") and Consolidated Puma Minerals Corp. (TSX VENTURE:CPW) ("Puma") are pleased to announce that shareholders of Puma have today approved the proposed Plan of Arrangement between Puma and Sage.

Completion of the transaction is subject to approval of the British Columbia court and the TSX Venture Exchange. Puma and Sage anticipate that closing of the Plan of Arrangement will take place on or about August 6, 2009.

Nigel Lees, Sage's President and CEO commented that, "Combining with Puma creates a strong platform to implement our business plan and continue an aggressive exploration program on the principle properties in the Beardmore Geraldton Gold camp. This is the first acquisition in the Company's strategy to leverage its strong management team and exciting properties to grow the company and enhance shareholder value."

Sage is a mineral exploration and development company which has interests in exploration properties in Ontario, Quebec, Nevada and Arizona. Its main properties are the Jacobus, Paint Lake, Solomon Pillars and Onaman properties in the Beardmore Geraldton Gold camp and the Kerrs property in Ontario; and the Gold Hill property in Arizona. Technical reports relating to the properties can be obtained from the System for Electronic Document Analysis and Retrieval ("SEDAR") website at www.sedar.com.

Puma is a mineral exploration and development company which previously owned a platinum group metals exploration property in the Kola Peninsula of Northwest Russia, and currently has more than $3 million of cash. Further information can be obtained from the SEDAR website at www.sedar.com.

This release was prepared by management of the Sage and Puma who takes full responsibility for its contents.

Some statements contained in this release are forward-looking and, therefore, involve uncertainties or risks that could cause actual results to differ materially. Such forward-looking statements include comments regarding mining and milling operations, mineral resource statements and exploration program performance. Factors that could cause actual results to differ materially include metal price volatility, economic and political events affecting metal supply and demand, fluctuations in mineralization grade, geological, technical, mining or processing problems, exploration programs, future results of exploration programs, future profitability and production, and general market, economic and financing conditions. Sage and Puma disclaim any obligation to update forward-looking statements.

FOR FURTHER INFORMATION PLEASE CONTACT:

Sage Gold Inc.
Nigel Lees
President and CEO
416-204-3170
416-260-2243 (FAX)

or

Sage Gold Inc.
Mike O'Brien
Manager/Investor Relations
416-204-3170
416-260-2243 (FAX)
www.agoracom.com/IR/sagegold
sgx@agoracom.com

or

Consolidated Puma Minerals Corp.
Vahan Kololian
President and CEO
416-644-6000
416-644-6001 (FAX)

www.consolidatedpuma.com

Neither TSX Venture Exchange nor its Regulations Service provider accepts responsibility for the adequacy or accuracy of this news release.

]]> [Industry Bulletin] Gold Rises as Dollar Slump, Oil Gain Spur Demand From Investors message_1180326 20 Jul 2009 17:54:00 GMT http://agoracom.com/ir/sagegold/messages/1180326

Dear shareholders,

In an effort to keep you up to date on all pertinent information regarding the resource sector and more specifically gold bullion, please see the attached article titled; “Gold Rises as Dollar Slump, Oil Gain Spur Demand From Investors”

“Gold is now trading like a currency and is rapidly becoming the preferred currency of choice,” Cohen said via e- mail. “Central banks throughout the world are printing money at a rapid pace, and soon investors will lose complete faith in paper currencies. At that time, within the next one to three years, gold will soar to $1,600 and beyond.”

Regards,

AGORACOM Investor Relations

Gold Rises as Dollar Slump, Oil Gain Spur Demand From Investors

By Halia Pavliva and Nicholas Larkin

July 20 (Bloomberg) -- Gold climbed to a five-week high as a weaker dollar and higher oil prices boosted the metal’s appeal as an alternative investment and a hedge against inflation. Other precious metals also gained.

Click here to read article in its entirety.

]]> [Press Release] Sage Closes Private Placement message_1176577 15 Jul 2009 15:21:00 GMT http://agoracom.com/ir/sagegold/messages/1176577 TORONTO, ONTARIO--(July 15, 2009) - Sage Gold (TSX VENTURE:SGX) is pleased to announce that it has closed a non-brokered private placement of Cdn $601,110 financing through the sale of 10,018,508 common share units, at $0.06 per unit, to a group of institutional investors. Each unit consists of one common share plus one-half of one share purchase warrant. Each whole warrant is exercisable at $0.10 for 24 months from the closing date of the offering.

A finder's fee of $ 36,060 in cash will be paid and 534,800 broker warrants will be issued pursuant to the offering.

If the Company's common shares achieve a closing price of $0.14 or higher for a period of 21 consecutive trading days, Sage may, at any time after the expiry of the hold period, notify the warrant holders that all unexercised warrants will expire in 30 days following the date that the notice is issued.

All securities are subject to a four month hold period which expires on November 16, 2009. This financing is subject to final approval of the TSX Venture Exchange.

The net proceeds of the private placement will be used primarily to fund the company's exploration programs in the Beardmore Geraldton Gold Camp and to add to its treasury for strategic acquisitions.

For all Sage Gold Inc. investor relations needs, investors are asked to visit the Sage Gold Inc. IR Hub at http://www.agoracom.com/IR/sagegold where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to sgx@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.

SAGE is a mineral exploration and development company which has interests in exploration properties in Ontario, Quebec, Nevada and Arizona. The main properties are the Onaman, Paint Lake and Jacobus- Golden Extension properties in the Beardmore Geraldton Gold Camp in Ontario. Technical reports relating to the properties can be obtained from the System for Electronic Document Analysis and Retrieval (SEDAR) website at www.sedar.com

This release was prepared by management of the Company who takes full responsibility for its contents.

This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended and "Forward Looking Information" within the meaning of applicable Canadian securities legislation. Some forward looking statements and forward looking information contained in this release are forward-looking and, therefore, involve uncertainties or risks that could cause actual results to differ materially. Such forward-looking statements include comments regarding mining and milling operations, mineral resource statements and exploration program performance. Factors that could cause actual results to differ materially include metal price volatility, economic and political events affecting metal supply and demand, fluctuations in mineralization grade, geological, technical, mining or processing problems, exploration programs and future results of exploration programs, future profitability and production. The Company disclaims any obligation to update forward-looking statements.

FOR FURTHER INFORMATION PLEASE CONTACT:

Sage Gold Inc.
Nigel Lees
President and C.E.O.
416-204-3170
416-260-2243 (FAX)

or

Sage Gold Inc.
Mike O'Brien
Manager/Investor Relations
416-204-3170
416-260-2243 (FAX)

www.sagegoldinc.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

]]> [Press Release] 22.77 g Au/T Channel Result New Gold Veins-Paint Lake message_1159756 17 Jun 2009 08:00:00 GMT http://agoracom.com/ir/sagegold/messages/1159756 TORONTO, ONTARIO--(June 17, 2009) - Sage Gold Inc (TSX VENTURE:SGX) has discovered nine new gold veins on the Paint Lake property in the Beardmore Geraldton Gold camp. Vein 1 results were reported in the press release of August 25, 2008. Selected highlights of the current sampling are detailed below:

Vein 4 is exposed over a strike length of approximately 100 metres. It consists of an up to 2 metre wide quartz-sulphide vein localized within an ENE trending shear interpreted as a component of the Paint Lake shear zone. At its eastern end the vein abruptly changes strike, exploiting a NW trending structure that is related to the late-stage development of the Paint Lake shear zone.

Vein 7 is exposed over a strike length of approximately 40 metres. It is hosted within a discrete NW trending dextral structure similar to the one controlling Vein 4. It consists of a narrow quartz vein containing pyrite, chalcopyrite and galena.

Detailed mapping is currently being completed at both showings to better understand the controlling structures and the distribution of the gold mineralization.

The new zones represent a significant expansion of the surface gold showings discovered last year and reported in press releases on August 25, 2008 and March 12, 2009. Veins 7, 8, 1 and 10 occur at or within the Paint Lake shear zone over a combined strike length of 1.3 kilometres. Veins 4, 5 and 9 occur southeast of the Vein 7 - Vein 10 zone and represent secondary vein structures within mafic volcanics.

Please refer to www.sagegoldinc.com for a map and current channel and grab samples of Veins 1 - 10 on the Paint Lake property.

The Paint Lake property is located contiguous to the western end of Ontex's Brookbank gold deposit which has 43-101 compliant inferred and indicated mineral resources. Ontex announced (12/18/08) a drill intersection of 85.9 g Au/T over 3.4 metres from drilling completed on the Brookbank deposit. Sage's new gold zones occur in a structural/stratigraphic corridor that encompasses Veins 7, 8, 1, 10 and 2 as one potential mineralized horizon and Veins 5, 9, 3 and 4 as another series of parallel and sub-parallel veins. Sage will continue to expose, map and sample the current vein structures and will prospect for additional veins throughout the summer season.

Technical Information

Sage's channel samples are between 3 and 4 cm wide and are cut with a motorized diamond saw to a depth of approximately 5 cm. The channels are cut as close to perpendicular to the strike of the vein as permitted by the rock surface. Samples are taken from the footwall, the vein and the hanging wall. Sample intervals are chosen to provide a representative sample of the surface mineralization of the vein and the wall rock. Assays reported in this news release were completed by Accurassay Labs in Thunder Bay. Accurassay's gold analysis is performed using a 30g fire assay charge. The fire assay procedure uses lead collection with a silver inquart. The beads are then digested and an atomic absorption or ICP finish is used. All gold assays that are greater than 10 g/t are re-assayed by fire assay with a gravimetric finish.

The technical content of this news release relating to the Paint Lake project has been reviewed by Sage's consulting Geologist Robert B. L'Heureux, M.Sc, P.Geol., of APEX Geoscience Ltd., who is a qualified person as defined by NI 43-101.

SAGE is a mineral exploration and development company which has interests in exploration properties in Ontario, Nevada and Arizona. Its main properties are the Jacobus, Paint Lake, Solomon Pillars and Onaman properties in the Beardmore Geraldton Gold camp and the Kerrs property in Ontario. Technical reports relating to the properties can be obtained from the System for Electronic Document Analysis and Retrieval (SEDAR) website at www.sedar.com.

For all Sage Gold Inc. investor relations needs, investors are asked to visit the Sage Gold Inc. IR Hub at http://www.agoracom.com/IR/sagegold where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to sgx@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.

This release was prepared by management of the Company who takes full responsibility for its contents.

Some statements contained in this release are forward-looking and, therefore, involve uncertainties or risks that could cause actual results to differ materially. Such forward-looking statements include comments regarding mining and milling operations, mineral resource statements and exploration program performance. Factors that could cause actual results to differ materially include metal price volatility, economic and political events affecting metal supply and demand, fluctuations in mineralization grade, geological, technical, mining or processing problems, exploration programs and future results of exploration programs, future profitability and production. The Company disclaims any obligation to update forward-looking statements.

FOR FURTHER INFORMATION PLEASE CONTACT:

Sage Gold Inc.
Nigel Lees
President and C.E.O.
416-204-3170
416-260-2243 (FAX)

or

Sage Gold Inc.
Mike O'Brien
Manager/Investor Relations
416-204-3170
416-260-2243 (FAX)

www.sagegoldinc.com

The TSX Venture Exchange has not reviewed and does not accept 
responsibility for the adequacy or accuracy of this news release.
]]> [Corporate Update] Technical Report on the Jacobus East Gold Property message_1156606 11 Jun 2009 12:30:00 GMT http://agoracom.com/ir/sagegold/messages/1156606 Dear shareholders,

Please click here to view Technical Report on the Jacobus East Property.

Regards,

AGORACOM Investor Relations

]]> [Press Release] Sage Gold Commences Drilling on Jacobus Golden Extension Discovery message_1154031 08 Jun 2009 08:00:00 GMT http://agoracom.com/ir/sagegold/messages/1154031 TORONTO, ONTARIO--(June 8, 2009) - Sage Gold (TSX VENTURE:SGX) has commenced drilling on the Jacobus Golden Extension discovery in the Beardmore Geraldton Gold Camp in Northwestern Ontario.

The 3000 metre program will continue over the summer and target the gold bearing vein systems with the aim of testing the down dip extensions of surface high grade gold mineralization.

The company has previously reported channel samples of up to 136.5 g Au/T and grab samples up to 259.99 g Au/T from the Golden Extension.

The Golden Extension lies directly on strike and northwest of Kodiak Exploration's (KXL.V) Golden Mile discovery.

SAGE is a mineral exploration and development company which has interests in exploration properties in Ontario, Nevada and Arizona. Its main properties are the Jacobus, Paint Lake, Solomon Pillars and Onaman properties in the Beardmore Geraldton Gold camp and the Kerrs property in Ontario. Technical reports relating to the properties can be obtained from the System for Electronic Document Analysis and Retrieval (SEDAR) website at www.sedar.com.

For all Sage Gold Inc. investor relations needs, investors are asked to visit the Sage Gold Inc. IR Hub at http://www.agoracom.com/IR/sagegold where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to sgx@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.

This release was prepared by management of the Company who takes full responsibility for its contents.

This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended and "Forward Looking Information" within the meaning of applicable Canadian securities legislation. Some forward looking statements and forward looking information contained in this release are forward-looking and, therefore, involve uncertainties or risks that could cause actual results to differ materially. Such forward-looking statements include comments regarding mining and milling operations, mineral resource statements and exploration program performance. Factors that could cause actual results to differ materially include metal price volatility, economic and political events affecting metal supply and demand, fluctuations in mineralization grade, geological, technical, mining or processing problems, exploration programs and future results of exploration programs, future profitability and production. The Company disclaims any obligation to update forward-looking statements.

FOR FURTHER INFORMATION PLEASE CONTACT:

Sage Gold Inc.
Nigel Lees
President and C.E.O.
416-204-3170
416-260-2243 (FAX)

or

Sage Gold Inc.
Mike O'Brien
Manager/Investor Relations
416-204-3170
416-260-2243 (FAX)

www.sagegoldinc.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

]]> [Press Release] Sage Gold Grants Options message_1149144 29 May 2009 17:00:00 GMT http://agoracom.com/ir/sagegold/messages/1149144

Sage Gold Option Grant

Sage Gold Inc. (TSX VENTURE:SGX) ('Sage') announces that, pursuant to its 2009 Incentive Stock Option Plan, it has granted 1.2 million options ('Options') to acquire 1.2 million common shares ('Shares') of Sage at an exercise price of $0.10 per Share to consultants of Sage. The Options will be exercisable for a period of two years from the date of grant and will vest over one (1) year.

For all Sage Gold Inc. investor relations needs, investors are asked to visit the Sage Gold Inc. IR Hub at http://www.agoracom.com/IR/sagegold where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to sgx@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time. ]]> [Industry Bulletin] Gold jumps above $970/oz as dollar weakens message_1147917 29 May 2009 16:33:00 GMT http://agoracom.com/ir/sagegold/messages/1147917 Dear shareholder,

In an effort to keep you up to date on all pertinent information regarding the resource sector, please see the attached article titled; “Gold jumps above $970/oz as dollar weakens.”

Regards,

AGORACOM Investor Relations

Click here to view article in its entirety.

Gold jumps above $970/oz as dollar weakens

Precious metal climbs to firmest level since late February

Jan Harvey

LONDON — Reuters, Friday, May. 29, 2009 06:42AM EDT

Gold on Friday rallied through $970 (U.S.) an ounce for the first time since February in Europe as traders bought the metal as a hedge against weakness in the U.S. dollar.

Rising oil prices, reports of a pick-up in Middle Eastern demand, and firm buying in India, the world's biggest gold consumer, during the wedding season are also supporting prices, analysts said.

Spot gold was bid at $972.60 an ounce at 0923 GMT, against $958.80 an ounce late in New York on Thursday.

]]> [Broadcast] Nigel Lees discusses merger agreement with Consolidated Puma Minerals broadcast_563139 22 May 2009 17:24:14 GMT http://agoracom.com/ir/sagegold/webcasts/563139 [Broadcast] President & CEO broadcast_563223 02 Jul 2009 16:21:27 GMT http://agoracom.com/ir/sagegold/webcasts/563223 [Press Release] Sage Gold and Consolidated Puma Announce Merger Agreement message_1141889 21 May 2009 08:00:00 GMT http://agoracom.com/ir/sagegold/messages/1141889 TORONTO, ONTARIO--(May 21, 2009) - Sage Gold Inc. (TSX VENTURE:SGX) ("Sage") and Consolidated Puma Minerals Corp. (TSX VENTURE:CPW) ("Puma") are pleased to announce that the companies have entered into an arrangement agreement providing for Sage to acquire all of the outstanding shares of Puma in an all-share transaction. The combination of these two companies will significantly enhance the cash position of Sage and provides Puma shareholders with an investment in a company with a strong exploration team and an exciting gold property portfolio in the Beardmore Geraldton Gold camp in Northern Ontario. Puma currently has approximately $3.5 million in cash (before closing and other costs).

Under the agreement, Puma shareholders will receive 1.137 common shares of Sage for each Puma common share held. Based on the currently issued and outstanding common shares of Puma, Sage will issue approximately 58.9 million common shares to acquire all of the currently outstanding Puma common shares, resulting in Puma shareholders holding approximately 25% of the combined entity. The post-merger issued and outstanding common shares of Sage will be approximately 236 million. The agreement has been negotiated at arm's length and approved by the Boards of Directors of both companies.

The transaction is to be effected pursuant to a plan of arrangement under the Business Corporations Act (British Columbia), which will require approval of at least 66 2/3% of the shares of Puma voted at Puma's upcoming annual and special shareholders' meeting, expected to be held in July 2009, with the transaction closing shortly thereafter. Completion of the transaction is subject to a number of other conditions precedent, including receipt by Puma of a favourable fairness opinion, and receipt of all necessary shareholder, stock exchange, court and regulatory approvals. The combined entity will retain the Sage Gold Inc. name and trading symbol SGX on the TSX Venture Exchange.

Full details of the transaction will be included in the Management Information Circular to be filed with the regulatory authorities and mailed to Puma shareholders in accordance with applicable securities laws.

Nigel Lees, Sage Gold's President and CEO commented that, "Combining with Puma creates a strong platform to implement our business plan and continue an aggressive exploration program in the Beardmore Geraldton Gold camp in Ontario where Sage has extensive property holdings including the Golden Extension gold discovery. This is the first acquisition in the Company's strategy to leverage its strong management team and exciting properties to grow Sage and enhance shareholder value."

Vahan Kololian, Puma's President and CEO, added, "The combination of our companies enables Puma's shareholders to acquire a 25% share in a growing gold company in the Beardmore Geraldton area of Ontario."

Fraser Mackenzie Limited is retained as financial advisor to the Board of Directors of Puma and will provide a fairness opinion with respect to the transaction.

SAGE is a mineral exploration and development company which has interests in exploration properties in Ontario, Nevada and Arizona. Its main properties are the Jacobus, Paint Lake, Solomon Pillars and Onaman properties in the Beardmore Geraldton Gold camp and the Kerrs property in Ontario; and the Gold Hill property in Arizona. Technical reports relating to the properties can be obtained from the System for Electronic Document Analysis and Retrieval ("SEDAR") website at www.sedar.com.

PUMA is a mineral exploration and development company which currently has two assets, a platinum group metals exploration property in the Kola Peninsula of Northwest Russia, and approximately $3.5 million of cash. Further information can be obtained from the SEDAR website at www.sedar.com.

Some statements contained in this release are forward-looking and, therefore, involve uncertainties or risks that could cause actual results to differ materially. Such forward-looking statements include comments regarding mining and milling operations, mineral resource statements and exploration program performance. Factors that could cause actual results to differ materially include metal price volatility, economic and political events affecting metal supply and demand, fluctuations in mineralization grade, geological, technical, mining or processing problems, exploration programs, future results of exploration programs, future profitability and production, and general market, economic and financing conditions. Sage and Puma disclaim any obligation to update forward-looking statements.

The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

This press release does not constitute an offer of any of the securities described herein in any jurisdiction.

FOR FURTHER INFORMATION PLEASE CONTACT:

Sage Gold Inc.
Nigel Lees
President and CEO
416-204-3170


or
Sage Gold Inc.
Mike O'Brien
Manager/Investor Relations
416-204-3170
416-260-2243 (FAX)
sgx@agoracom.com
www.agoracom.com/IR/sagegold

or

Consolidated Puma Minerals Corp.
Vahan Kololian
President and CEO
416-644-6000
416-644-6001 (FAX)

www.consolidatedpuma.com

This release was prepared by management of the Sage and Puma who takes full responsibility for its contents. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

]]> [Industry Bulletin] Ontario Takes Bold Steps To Modernize Mining Act message_1127510 30 Apr 2009 15:29:00 GMT http://agoracom.com/ir/sagegold/messages/1127510

McGuinty Government To Introduce Innovative, Balanced Legislation For A

Sustainable Mining Future

Proposed changes to Ontario's Mining Act would see significant strides in

Aboriginal consultation, provide clear rules for industry and reduce the

impact of mineral exploration on the environment.

The proposed legislation, to be introduced later today, promotes balanced

development that benefits all Ontarians. If passed, it would modernize the way

companies stake and explore their claims to be more respectful of private land

owners and Aboriginal communities. At the same time, it would support a

vibrant minerals industry that would help many communities realize their

economic and social aspirations.

The proposed legislation includes a number of ground-breaking provisions,

which would make Ontario a national leader in mineral resource stewardship,

including:

- Incorporating Aboriginal consultation in mining legislation and

regulations

- Requiring awareness training to obtain a prospector's licence, and

- Introduction of a dispute-resolution process for Aboriginal-related

issues in mining.



If the legislation is passed, Ontario will begin putting new rules in

place later this year.



QUOTES

"This proposed legislation takes bold steps toward a modern, innovative

Mining Act that would balance all of our respective interests, benefit Ontario

communities and support a vibrant Ontario minerals industry."

- Michael Gravelle, Northern Development and Mines Minister



QUICK FACTS

- Mining is Canada's largest private sector employer of Aboriginal

people.

- Mining provides Ontario with a trade surplus of about $3.3 billion

annually.

- The 2009 Ontario Budget committed $40 million over three years for

initiatives to support Mining Act modernization.



LEARN MORE



About the modernization of Ontario's Mining Act

(http://www.mndm.gov.on.ca/miningact/...



About the mineral industry in Ontario

(http://webx.newswire.ca/click/?id=d1...



About Ontario's approach to Aboriginal affairs

(http://www.aboriginalaffairs.gov.on....



MODERNIZING ONTARIO'S MINING ACT



Proposed legislation to modernize Ontario's Mining Act builds on the

commitment announced last July - as part of the Far North Planning initiative

(http://webx.newswire.ca/click/?id=a1... to find new approaches to

mineral exploration that would be more respectful of Aboriginal communities

and private land holders.

During six months of consultations, more than 1,000 people and groups

participated in public and stakeholder sessions across the province. Input was

also received through the Environmental Bill of Rights Registry. The Ministry

of Northern Development and Mines also carried out comprehensive Aboriginal

consultations to ensure the broadest possible Aboriginal participation and

input. In total, approximately 100 First Nation communities, as well as

Aboriginal organizations participated in some manner.

If the legislation is passed, there would be additional opportunities for

input over the coming months as regulations are developed.



HIGHLIGHTS:



For Aboriginal Communities



Ontario would become the first jurisdiction in Canada to expressly

recognize Aboriginal and treaty rights in its mining legislation, and enable a

dispute resolution process for Aboriginal-related mining issues through

regulation.

Proposals would also address key concerns of Aboriginal communities. For

instance, Ontario's modernization approach would include:



- Provisions for withdrawing significant Aboriginal cultural sites from

claim staking;

- Notification of Aboriginal communities immediately after a claim is

staked;

- Requirements for prospectors and companies to notify Aboriginal

communities of plans for significant exploration activities within

their traditional lands;

- Provisions to enable restrictions on prescribed prospecting and

exploration activities;

- Introduction of a graduated approach to Aboriginal consultation, with

the scope and degree tied to impact of proposed exploration

activities. This approach would:

- Outline consultation requirements

- Require environmental rehabilitation

- Require exploration work plans or permits.



The ministry will invite further input from First Nation communities and

Aboriginal organizations as Ontario develops regulations and implements the

changes.



For Private Land Owners



The proposed legislation would address conflicts that have arisen between

mineral exploration companies and surface rights holders who do not hold the

mineral rights on their lands. For instance, Ontario would:



- Withdraw mining rights in southern Ontario where surface rights are

privately held, while respecting existing claims and leases. In

Northern Ontario, private land holders could apply for such

withdrawals but granting withdrawals would first consider criteria

such as mineral potential;



- Broaden the list of lands not open to staking;



- Require enhanced notification of private land owners, after claim-

staking and prior to exploration;



- Introduce new exploration provisions such as a graduated regulatory

regime for exploration;



- Introduce a map staking system that would eliminate the need for

prospectors to enter onto property to stake mining claims. Map staking

would be phased in beginning in southern Ontario.



In addition, owners of land originally patented for mining purposes, but

not currently being used for mining purposes, would be able to apply for an

exemption from mining land tax.

Lands with private surface rights and Crown mineral rights that are open

for staking comprise only 1.4 per cent of southern Ontario's landmass, and

only 0.4 per cent of Northern Ontario's landmass.



For the Mineral Industry



Ontario's proposed legislation would increase clarity for the mineral

industry by outlining requirements for consultation -- and accommodation as

appropriate -- with Aboriginal communities, while maintaining fair and

competitive access to mineral tenure.

It includes a graduated regulatory scheme for early exploration, with

exploration plans required for lower impact activities and exploration permits

required for activities with higher impact. Regulations would provide the

details for exploration plans and permits, including requirements for

rehabilitation; Aboriginal consultation and working on private surface rights.

The proposed legislation would increase certainty for the industry by

setting out a clear framework for the responsible management and sustainable

development of Ontario's mineral resources.

It would also foster early engagement and enhanced relationships between

Aboriginal communities and companies.

Ontario would be the first Canadian jurisdiction to enable a dispute

resolution process for Aboriginal-related mining issues in its mining

legislation.



Environmental Considerations



Proposed legislation responds to calls for greater consideration for the

environment.

It would reduce impacts to the environment by implementing a new

graduated regulatory scheme for early exploration activities to include

rehabilitation requirements.

It would embed in legislation that no new mine opening can occur in the

Far North unless there is an approved community-based land use plan.

The phased introduction of map staking across the province would

eliminate the minimal impact of ground staking.

Compliance with the new requirements would be encouraged through

increases to maximum penalties for offences against the Act.





SUPPORTIVE QUOTES



"Working together with our Aboriginal partners has helped contribute

significantly to improving the Mining Act. By listening to our partners we can

help build stronger Aboriginal communities, making for a stronger Ontario."

- Brad Duguid, Minister of Aboriginal Affairs



"Ontario's new collaborative approach to developing legislation and

public policy in Ontario is certainly innovative. It is respectful to the

recognition of First Nations rights and indicative of Ontario's commitment to

working with First Nations on a government-to-government basis."

- Grand Council Chief John Beaucage,



Leader of the 42-member First Nations of the Anishinabek Nation

"Industry and other stakeholders have worked together to suggest changes

to modernize the Mining Act. As explorationists we believe these changes will

provide certainty around access to land, which will allow us to attract

investment to Ontario."

- Garry Clark, Executive Director, Ontario Prospectors Association



"Goldcorp supports Minister Gravelle in his efforts to modernize

Ontario's Mining Act, and Government's support for a healthy, vibrant mining

industry in Ontario which Goldcorp believes is in the interests of all

Ontarians."

- George R. Burns, Vice-President, Canada and the United States, Goldcorp

Inc.



"The proposed legislation is an important step towards reconciling

long-standing conflicts between the interests of Aboriginal communities,

conservationists and the mining sector. It provides important tools for

proactive planning and dispute resolution that will help strike a balance

between ecological and cultural priorities and economic development."

- Larry Innes, Executive Director, Canadian Boreal Initiative

For further information: Anne-Marie Flanagan, MNDM Minister's Office,

(416) 327-0655



]]> [Broadcast] Nigel Lees Discusses SAGE’s Golden Extension Discovery Surface Work broadcast_563073 20 Apr 2009 12:26:34 GMT http://agoracom.com/ir/sagegold/webcasts/563073