Sage Gold Inc. - (TSX VENTURE:SGX) ("the Company") provides the following update on the Clavos Deposit located in Timmins, Ontario.
Highlights:
-- Completion of $3.0 million expenditure pursuant to 60% earn-in -- RPA revised 43-101 Resource estimate expected in Q1 of 2012 -- Scoping Study to follow after Resource estimate -- Assays pending for new drilling in the 960 zone
Sage has completed the $3.0 million of expenditures pursuant to their 60% earn in obligation, with St Andrew Goldfields (TSX:SAS).
The expenditure data has been sent to SAS for verification.