March 2011

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Forward Looking Statements

Statements made in this presentation, other than those concerning historical information, should be considered forward-looking statements which are subject to various risks and uncertainties. Such forward-looking statements are made based on management’s belief as well as assumptions made by, and information currently available to, management.

The Company’s actual results may differ materially from the results anticipated in such forward-looking statements as a result of a variety of factors. Additional information concerning factors that could cause actual results to materially differ from those in such forward-looking statements is contained in the Company’s filings with the securities and regulatory authorities.

Note: All currencies are in Canadian dollars unless otherwise noted

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Board, Management, and ConsultantsBoard of Directors

Patrick J. MarsChairman and Director

Mr. Mars is an independent consultant specializing in mine financing and analysis with over 30 years of experience in the investment industry. Mr. Mars has acted as Chairman, CEO, or Director for several public-traded mining companies and is currently Director of Aura Minerals, Carpathian Gold, Selwyn Resources and Yamana Gold.

C. Nigel LeesPresident, CEO, and Director

Mr. Lees is a founder and past director of TVX Gold Inc, a significant gold producer in North and South America, which merged into Kinross Gold., listed on the TSX and the New York Stock Exchange. Mr. Lees has over 30 years experience in the Canadian investment industry and is currently a Director of several publicly traded mining companies including Yamana Gold.

Peter BojtosDirector

Mr. Bojtos is a professional engineer with extensive experience in mineral development and production. Since 1996 following a successful career as CEO of several companies, Mr. Bojtos serves on mining company boards as an independent Director.

Gary RobertsonDirector

Mr. Robertson is a Certified Financial Planner. He has worked in the financial industry for the past twenty years, and presently serves on the board of several private companies as well as on the board of six Canadian junior gold mining companies.

Joe BaylisDirector

Mr. Baylis brings over 23 years of domestic and international mining industry experience to the Company. He is President and Chief Executive Officer of Manicouagan Minerals Inc. Mr. Baylis graduated with an LLB from the University of Western Ontario and is a member of the Law Society of Upper Canada.

Sandy ChimDirector

Mr. Chim is an international business executive. He is Chairman of Century Iron Ore Group, Chairman, Director and CEO of Augyva Mining Resources Inc. and non executive director of Prosperity Minerals Holdings Limited. Mr.Chim resides in Kowloon, SAR , Hong Kong, PRC.

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Board, Management, and ConsultantsManagement

William D. LoveVP, Business Development

Mr. Love is a geologist who has been involved in mineral exploration in Canada and was part of the world class Hemlo discovery team. He was also an institutional equity salesperson in London, England, for a Canadian brokerage firm. Mr. Love has spent the last fifteen years as a venture capitalist and a corporate finance specialist in a variety of resource and technology companies.

Arthur HampsonChief Financial Officer

Mr. Hampson is a Chartered Accountant with over 20 years experience at the CFO level with both public and private companies.

Michael SkutezkySecretary and Legal Counsel

Mr. Skutezky was Assistant General Counsel of Royal Bank for 25 years focused on International Project financing based in Montreal and Toronto, in addition to working in Eastern Europe with Canadian Law Firms. He has recently formed his own professional corporation for the practice of law and is the principal of Rhodes Capital Corporation.

Advisory Group

Ron Therriault ,M.Sc David Gliddon, BSc ( Honours) P.Geo. Pat Pope, MSc (Applied) P.Geo Avrom Howard , M.Sc, FGA, P.Geo

Christopher WestdalConsultant

Geological Consultants

Stephen KayConsultant

Mr. Kay is a geologist with over 35 years of gold exploration and development experience. He has been President, CEO and a Director of International Minerals Corporation, a TSX-listed emerging precious metals producer since 1993. He is currently a director of several public and private Canadian and United States companies.

Jesse GillConsultant

Mr. Gill is a co-founder of TerraNova Partners, an alternative asset and private equity money manager. Mr. Gill is a Director and officer of several public and private companies. Mr. Gill holds a Bachelor of Commerce degree in Finance from McGill University.

Mr. Westdal is a former Canadian diplomat with many years of experience in the field, including heading Canadian Embassies, High Commissions and International delegations. Most recently he was Ambassador to Russia (2003-2006)and the United Nations in Geneva (1999-2003)

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Sage Gold is focused on developing resources

through exploration and acquisition that can be

developed into near term production

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CORPORATE STRUCTURE

Shares O/S: 43.4million

Shares F/D: 59 million

Daily Average Trading : 146,300 shares( 6 months)

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History of Timmins (Ontario) Gold Camp

Giant world class mining camp

First discovered in 1910; over 66 million ozs.produced

Dome Mine started 1910 - still in production today

Main Deposits/Gold Systems and Production Figures

Hollinger-McIntyre (1910-1989) 32.1M oz Au @ 9.76gpt

Dome-Preston-Paymaster (1910-present) 18.5M oz Au @ 6.23gpt

Pamour-Hallnor-Hoyle (1936-present) 7.5M oz Au @ 4.10gpt

Hoyle Pond-Bell Creek (1981-present) 2.5M oz Au @ 10.76gpt

Buffalo Ankerite-Aunor-Delnite (1937-1988) 4.5M oz Au @ 8.61g

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Timmins Gold Camp

Advanced Projects

Lakeshore Gold – Timmins Mine (current resources 1.87M oz Au).

Scheduled for full production by 4th Qtr 2011.

Goldcorp – Hollinger Open Pit (current resources 900,000 oz Au).

Scheduled for production by 3rd Qtr 2012.

Near Term Production Potential

Sage, Lakeshore Gold (Bell Creek, Vogel), Taylor (SAS), Gowest,

SGX (Tully), Lexam VG Gold

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CLAVOS PROPERTY - TIMMINS GOLD CAMP

Option agreement - St Andrew Goldfields - earn 60% interest- $3.0 million in the ground and $200K in cash and shares over 3 years- Completed first instalment of option agreement – spent $750,000 to date

Prior gold resource 43-101 - St Andrew Goldfields (TSX-SAS) in October 2006. -Scott Wilson RPA ; refer to www.sedar.com

Existing Mining Permit until 2019

Existing infrastructure - underground ramp access to the 300 metre level, power to site, surface ventilation system, fully permitted water management facility

$72 million spent - $46 million - underground

Currently Drilling and Generating a 3D Lithology/Void Model

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Sage (Clavos Only)– SAS Properties in Timmins

Pipestone Fault

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Clavos

Mine

Timmins Mines

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Clavos Option – Lands 2540 hectares (6274 acres)

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Clavos Mine Site - 2006

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Photo 2: Ribboned quartz veins filling syn-

mineralization faults (left) and linking vein arrays and

faults in areas of complex vein development.

Note abundant irregular extension veins adjacent to the

ribboned vein at left. Ribboning is caused by thin slivers of

altered wallrock and chlorite-carbonate-pyrite +/-

arsenopyrite stylolites.

Photo looking up at back,150 level east

Photo 1: Stope face on 100 level west

The image show the nature of the vein system mined here, which

comprises a west-northwest trending array of quartz extension

veins with locally sigmoidal geometry.

The vein array is developed in ultramafic rocks adjacent to a

porphyry dyke, which is visible on the left in photo. The sheeted

nature of veins in the back is visible at the top of photo.

Clavos Underground Stope Photos

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A-B: Photos from hole CL252-13, 63.1-64.3m,

illustrating stylolitic white quartz veining with visible

gold from a stylolitic quartz vein system with

chlorite-carbonate-pyrite altered wallrock slivers that

is consistent in style with the en echelon vein arrays.

Photos A and B are close-ups of stylolitic ribboned

chlorite-rich bands in the system partially zone

shown in B, containing multiple grains and blebs of

native gold. Note aggregates of pale grey

Fe-carbonate in lower left portion of photo B.

The vein system occurs adjacent to a narrow grey

porphyry dyke.

A

B

Underground Drill Core Photos

594.88 gpt Au (17.35 opt) over

1.2m (uncut)

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CLAVOS PLAN

Data Compilation complete – 150,000 metres of surface drilling and 40,000 metres of underground drilling

Surface Drilling and 3D Modeling underway

New NI43-101 Resource Study – Post Drilling

De-water – Underground Exploration and Development

Economic Assessment – Mineable Reserves

Production Decision

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SAGE CLAVOS 2011 DRILL PLAN

Proposed Eastern Drilling – historic 8.79g/t – 3.5 metres

Proposed EasternDrilling – historic10.7g/t – 5 metres

Current Western Drilling

ProposedDeepDrilling

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Clavos – Gold Zones

SAS Resource 2006Hanging Wall and Footwall zones only

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Clavos – HW Zone – Longitudinal Section

Red Zones –high grade drill targets

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Clavos Longitudinal Section, Western Drilling

28.89 g/t (0.86 opt) Au

(15.39 g/t cut to 60 g/t)

over 1.3 metres

100 metres

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SAGE EXPLORATION - BEARDMORE, ONTARIO

Beardmore – Geraldton Gold camp; historic production – 4 Mozs.

Onaman- Lynx Deposit, NI43-101 compliant resource

Infrastructure – Road, Rail, Power

Underexplored ; Potential for large gold deposits – i.e. Red Lake

Large land position – 87,000 acres

Excellent local support/relationships including First Nations

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Sage Properties – BGG

CurrieCurrie

Lynx

YM

Golden ExtensionCox Cu- Ni

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Onaman - Lynx Deposit

Yellow = .5% Cu x 3 metres – Cut Off Red = 1% Cu x 3 metres

Lynx NI43-101 Resource 1.936 million tonnes, 1.44% Cu39.6 g Ag/T, 0.58 g Au/T

Lynx NI43-101 Open Pit Resource 485,000 tonnes 2.1 % Cu, 45.3 g Ag/T, 0.70 g Au/T at 1% Cu cut off

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Sage Objectives

The Clavos Mine represents a quantum leap in Sage’s objectives to become a gold producer

Upgrade and Increase Resources

New Resource Study

Preliminary Economic Assessment (PEA)

Production 2012 - Permits- Custom Milling - Low Capital Cost

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SAGE FUTURE GROWTH

Clavos Production

Joint Venture Beardmore Properties- Pipeline for future Production

Acquisitions

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THE FUTURE