Sage Gold Inc.

11:58 AM EST - Sage Gold Inc. : Provided an update on recently completed exploration work at the company's Onaman volcanogenic massive sulfide property, located in northwestern Ontario. The Onaman property is host to several base and precious metal occurrences within the Onaman Volcanic Complex including the historical Headway lead-zinc-silver zones and more recently discovered, underlying Lynx copper-silver-gold deposit (a Resource Estimate for which was filed on June 10, 2009. Sage Gold Inc. shares V.SGX are trading down $0.005 at $0.22.