Sage Gold Inc. is a Canadian exploration and development company with land positions in Timmins and Beardmore in northern Ontario. Sage Gold is focused on becoming a near-term gold producer.
In 2010, SGX made a quantum leap forward by optioning the Clavos Mine from St. Andrew Goldfields (TSX-SAS) in the Timmins Gold Camp. Clavos was briefly in production between 2005 and 2007 and SAS invested $72 million in mine and infrastructure development. Drill results to-date have confirmed the existing resource and Sage Gold is encouraged by ongoing development work.
The Sage Gold management team and board have extensive experience finding, developing and financing new projects. SGX continues to identify additional properties for acquisition to further enhance shareholder value and create cash flows.