Near-term production with exploration upside.
Sage Gold Inc. (TSX.V: SGX) is a dynamic Canadian near term producer and exploration company with two principal assets, both situated in Ontario’s most venerable and secure mining jurisdictions – Timmins, known for producing well over 100 million ounces of gold in more than a century, and the Beardmore-Geraldton camp characterized by precious and base metal deposits including potentially large VMS systems.
With development and exploration stage assets consisting of both base and precious metals, an experienced and dedicated management team, a small float, commodity diversification and a renewed metals market underway, Sage is poised for significant appreciation.
Clavos, the flagship asset, is a gold project just east of Timmins, directly adjacent to Primero Mining Corp., in the heart of Canada’s most prolific gold producing district. The NI 43-101 compliant deposit has an Indicated and Inferred gold resource of 316,000 ounces and remains open along strike to the east and west and down plunge. It is one of Canada’s few deposits fully permitted and ready to go. With the previous owners having already spent $60 million on underground and surface infrastructure, it will have one of the lowest CAPEX in the industry.