Sage Gold Inc. has been conducting an underground exploration program utilizing two drills, strategically positioned from two drilling bays, to test an exploration target identified by historical Kinross era drill holes KC-99-131, KC-99-137 and KC-00-176, spanning a distance of 200 meters between 513600E and 513800E. The first six drill holes have been completed testing in the vicinity of KC-99-137 with weighted average grade composites listed below. Hole 3531-196 has been completed and assays are pending. All holes have successfully tested favourable Clavos Hangingwall and Footwall mineralized structures from 513565E to 513615E at depths ranging from the 975 meter level to the 855 mL. The results from this drilling will potentially extend existing mineral resource blocks. The Company is currently evaluating these results, which will be used in planning further underground and surface exploration drilling. These holes have been completed with a B-15 electric/hydraulic drill from a south drift cross-cut bracketing the 120 meter gap between Kinross hole KC-99-137 and KC-00-176 piercing the 350 mL elevation. There is no existing mine infrastructure in this region. Drill holes CL-3531-191 and 192 have been completed in the vicinity of KC-99-137. Drill hole 192 intersected a wide felsic porphyry with pyrite and visible gold mineralization occurring at the basal contact of the 7.3 m thick unit. The mineralized porphyry zone has an average grade of 16.6 g/t Au over a thickness of 2.8 m in a FW Zone setting. Drill hole CL-3531-192 is located 12 m up dip of KC-99-137. Drill hole 191 intersected a similar felsic porphyry with gold bearing quartz-ankerite-pyrite veining in a sericitized ultramafic unit at the basal contact of the unit. The FW Style mineralization grades 5.45 g/t Au over a thickness of 1.6 m. Drill hole 3531-193 intersected quartz-ankerite pyrite veining grading from 3.5 g/t Au over 2.4 m in a FW Zone setting where the felsic porphyry units taper in thickness up-dip. Drill hole 3531-194 stepped out 45 m in the southwest direction intersecting 1.46 g/t Au over 1.4 m hosted at the contact of a 7.5 m thick felsic porphyry unit with silicified, sericitized ultramafics. Drill hole 3531-195 intersected quartz-ankerite-pyrite veining 25 m in the southeast direction intersecting 3.0 g/t Au over 3.5 m in a FW setting where the felsic porphyry units taper in thickness to 2 m. A five-hole underground drilling program is underway using an air/electric drill which is located at 513740E, testing between Kinross holes KC-99-131 and KC-00-176 at elevations ranging from the 280 mL to the 300 mL. This drilling program is near existing mine workings. Results from this drilling program will be forthcoming.