Sage Gold Inc. announced the following update on the Clavos gold mine. Clavos, situated in Timmins, Ontario, is fully permitted for 700 tons a day, and has a life-of-mine toll milling agreement with the Stock mill. The final tranche of $3.26 million to finance production has been recently drawn down. Highlights: Building a stockpile of potentially mineralized materials on surface and underground for a bulk sample shipment. Underground stockpile of broken potential mineralization left by the previous operator. Plan an initial mill run in 6 weeks. The underground workings are 87% dewatered with planned drill station to be placed at the 240 metre-level ("mL") at the end of the month to target potential additional high grade mineralization. Encouraging drill intersections: - 17.78g/t Au- 4.0 metres - 100mL east, 10.59g/t Au - 1.9 metres 150mL east - related to Grade Thickness mode. Sage currently plans to complete a reserve estimate and a prefeasibility study regarding the Clavos project. In the event that a production decision is made that is not based on a feasibility study of mineral reserves demonstrating economic and technical viability prepared in accordance with National Instrument 43-101, readers are cautioned that there is increased uncertainty and higher risk of economic and technical failure associated with such production decisions.