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Exploration In The Americas

136.5 g Au/T-Jacobus East Channel Results

October 1, 2008

(SGX: TSX-V)

Sage Gold Inc. is a mineral exploration company led by a reputable team of financial and geological specialists. The Sage management team and Directors have extensive experience in all aspects of mineral exploration, development, and financing in both senior and junior resource companies. The company is focused on exploring, developing and acquiring economic properties in the Americas.

Property Highlights

Onaman

The mineralization has been traced over a strike length of one kilometre and is open to the north and south. In addition, parallel structures have been identified to the east of the Lynx zones. A total of 15,358 metres (m) in 71 holes has been drilled to date in 2008 on the Lynx Zone, assays are pending on 9 holes.

Highlights

- All recent drill holes (34 holes) are mineralized with copper intersections varying from 0.75% to 11.36%, silver from 18g/T to 264 g/T and gold from 0.10g/T to 2.39g/T

- Drill intersections vary in width from 1.22 metres to 13.60 metres.

- The Lynx North, Central and South zones are joined.

- Three new parallel zones have been discovered in addition to the main zone.

- An Independent Engineering Firm has been retained.

- Mineralization is open to the south and north and at depth.

Jacobus

Sage Gold Inc. has completed 13 channel cuts and 26 channel samples on the Jacobus East - Golden Extension vein structure - in the Beardmore/Geraldton Gold Camp.

Highlights:

- 136.5 g Au/T (3.98 oz/t) over a channel width of 0.50 metres
- Visible gold associated with sulphides
- Along strike directly north west of the Golden Mile discovery
- Channel samples over 12 metres of strike length
- Gold mineralization throughout vein