Sage Gold Discovers Two New Gold Zones Through Prospecting In Paint Lake

After an extensive prospecting program, Sage Gold, Inc. has found two new zones on its Paint Lake property, as suggested by grab samples: one from the Southwest Showing, several from the Southeast showing. All the above-mentioned grab samples showed 1 or more g/t gold. Sage intends to strip, and channel sample, these two zones this year. The news release contains further details, and includes some historical drill results from the already-channel-sampled part of the property. Grab samples from another property, the King's Soloman's Pillars, showed two zones and better sample results, but exploration there is less advanced.

Sage closed yesterday at 6 cents, on heavy volume. As of the time of this post, the bid and ask were both 5.5 cents, indicating a lower open.

The company's Google Finance web page is here.

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