Sage Gold Inc (SGGDF)

[NYBob]

bigone that's right; Nice Gold neighborhood - with a lot
of gold production and exploration projects -

ex....
SAS provides update on Taylor Project with dewatering and ramp rehabilitation in progress
TORONTO, Aug. 8, 2012 /CNW/ -

St Andrew Goldfields Ltd.
(TSX-SAS) (OTCQX-STADF), ("SAS" or the "Company") is pleased to
provide an update on the activities at
the Taylor Project located on the western portion of
the Company's land package in the Timmins mining district,
north-eastern Ontario, Canada.

Dewatering of the existing ramp access commenced in late April
and as of the end of June, the portal was open.
SAS has awarded the contract to rehabilitate the underground
workings for mine exploration and development and the
contractor mobilized in late June in preparation for
ramp rehabilitation and underground development.

Once rehabilitation is complete and services are re-established
to the ramp face, lateral development will commence to access
the first ore lens in the West Porphry Zone.

Test mining of this area will begin in the fourth quarter, and
a bulk sample will be sent to the company's
Holt Mill for processing towards the end of 2012.

"The dewatering process is progressing well," said Jacques
Perron, President and CEO of SAS.

"Surface facilities such as the mine dry and administration
offices have been upgraded and are fully operational, and
underground rehabilitation has commenced.

We are on track to reach the first stope during the third
quarter and subsequently extract the first bulk sample at
the top of the West Porhyry Zone."

The Company recently completed five surface drill holes totaling
700 metres to test the area surrounding the first bulk sample.

This drilling program has provided additional information which
will be used to plan the stoping activities for the bulk sample
program later this year.

The results of the infill drilling program indicated the
potential to increase the size of the bulk sample and provided
additional validation for advancing the underground exploration
program at the Taylor Project.

Results from these five holes are summarized in the table below.

http://www.sasgoldmines.com/s/NewsReleases.asp?ReportID=540910&_Type=News-Releases&_Title=SAS-Provides-Update-on-Taylor-Project-with-Dewatering-and-Ramp-Rehabilitati...

http://www.sasgoldmines.com

http://tmx.quotemedia.com/article.php?newsid=53369878&qm_symbol=SAS





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