Investor Presentation October 2014

1. Aug-Sept 2012
Path to
Production
October 2014
TSX-V : SGX
Path to Production

2. Path to ProductionForward Looking Statements
1
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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Sage Gold plans are to develop production from their existing resources on the Clavos and Lynx projects to generate cash flow. CORPORATE STRUCTURECORPORATE VISION
Exchange Symbol: TSX.V –SGX
•Shares O/S:9.0 million
•Shares F/D:10.3 million
•Current price: $0.14
•52 week high/low: $0.60/$0.14
•Market Cap:C$ 1.26 million
•Average Strike Price of Warrants/Options: $1.38
•Proceeds from Warrants/Options: $1.9 million

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SAGE GOLD ADVANTAGE
Near term production
1.Clavos Au and Lynx Cu-Ag -Au project
Potential to generate strong cash flow for the company
Sage has access to custom mills for both the Clavos and Lynx projects
Permits in place to re-open Clavos for dewatering and underground rehabilitation
2. Both Clavos and Lynx have 43-101 resources
3. Preliminary Economic Assessment on Clavos Project
71% Internal Rate of Return (pre-tax) and $23.2MM Net Present Value
4. Blue Sky Potential –Clavos and Lynx Projects
Open at depth and on multiple directions along strike
Management will focus on continuing to increase resources
5. Excellent Infrastructure -Clavos
Established infrastructure with $46 million spent on underground development
Note: The PEA does not indicate the economic viability of the mineral resource and is preliminary in nature, includes inferred resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves and that there is no certainty that the PEA will be realized. Mineral resources that are not mined reserves do not have demonstrated economic viability. A PEA is deemed to be reliable +/-50% level.

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TIMMINS GOLD CAMPSCLAVOS PROJECT Timmins, Ontario
Primero Mill

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CLAVOS PROJECT-HIGHLIGHTS
Located in the prolific Timmins Mining camp -produced in excess of 100 million ozsgold
Existing infrastructure -underground ramp and levels every 25 metresto the 300m level
Low initial Capex required for potential production … $14.1million
Option agreement to purchase St Andrew’s 40% interest in Clavos
Permits in place to re-open Clavos mine
Clavos is located in close proximity to several operating mills
Natural Gas pipeline -Clavos Property –Potential Fuel and Power savings –Study

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CLAVOS PROJECT Timmins, Ontario
15
9
6
0
0
5
10
15
20
Commercial Production
Initial Tonnage Extractionand Production
Dewater and Rehab mine
Complete Financing
MonthsNEAR TERM PRODUCTION PLANS

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GOLD PRICE
US$ / Oz (Au)
$1400/Oz
$1500/Oz
$1600/Oz
Base Case
Gold Production
Oz/Au
145,448
145,448
145,448
Revenue
Cdn$ million
203.6
218.2
232.7
Initial Capital Expenditures (100%)
Cdn$ million
14.1
14.1
14.1
Sustaining Capital
Cdn$ million
21.1
21.1
21.1
Total Capital
Cdn$ million
35.1
35.1
35 .1
Operating Expense
Cdn$ t/Ore
142.5
142.5
142.5
Net Smelter Return
Cdn$ t/Ore
6.1
6.5
7.0
Cash flow (undiscounted)
Cdn$ million
19.9
34.0
48.1
Pre Tax
Net Present Value (NPV) 8%
Cdn$ million
13.5
23.2
33.0
Internal Rate Of Return (IRR)
%
48%
71%
94%
After Tax
Net Present Value (NPV) 8%
Cdn$ million
5.6
12.6
19.5
Internal Rate Of Return (IRR)
%
27%
47%
67%
Life of Mine
Year
7
7
7
Payback Period
Year
2.25
2.00
1.75
Note -assumes an exchange rate of 1:1 of Cdnto US Dollar;
-tax rates are based on a blended rate between Sage and SAS
-excludes any financing costs
-contingency on capital expendituresof 30%
-CAPEXfigures represents 100% of financing
The PEA does not indicate the economic viability of the mineral resource and is preliminary in nature, includes inferred resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves and that there is no certainty that the PEA will be realized. Mineral resources that are not mined reserves do not have demonstratedeconomic viability.
Clavos PEA Economic Model

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CLAVOS EXISTING UNDERGROUND
 2,923m of primary access
 710m of secondary access
 3,208m of lateral level development
 +200,000 m of surface & underground diamond drilling
 10 levels with detail geological mapping & channel
sampling
 Replacement value $40.0m
Footwall
Hanging Wall
Sediment
Contact
Hanging Wall
Footwall
Contact
Sediment
2.5 km
Ramp

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Total Indicated 1,258,400 4.81 g/t 194,600
__________________________________________________________________________
Total Inferred 795,600 4.70 g/t 120,000
__________________________________________________________________________
Note: The 2012 resources are estimated at a cut-off grade of 2.75 g/t Au, high gold assays are cut to 60 g/t Au and an average long-term gold price of US$1600 per ounce was used. CLAVOS NI43-101 MINERAL RESOURCE Oct ‘12
Tonnes
Grade
Total Ounces
Category

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CLAVOS PEA REPORT 2013
Forecasted production rate 600 tpd
Life of Mine 7 years
Forecasted Full production 3rdyear, 4thQtr.
Internal dilution in resource block estimate
External dilution:
-cut & fill methods 10% at 0 gms/t
-long hole methods 40% at 0 gms/t
Tonnage recovery:
-cut & fill methods 95%
-long hole methods 90%
Note: The PEA does not indicate the economic viability of the mineral resource and is preliminary in nature, includes inferred resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves and that there is no certainty that the PEA will be realized. Mineral resources that are not mined reserves do not have demonstrated economic viability.

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ONAMAN PROPERTY -LYNX PROJECT -ONTARIO
Lynx Cu Ag Au 9,096 acres
NE Mine Mill*
Leitch*
Nortoba*
* PREMIER GOLD OPTION

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ONAMAN
Yellow = .5% Cu x 3 metres –Cut Off Red = 1% Cu x 3 metres
Lynx NI43-101 Resource
1.936 million tonnes, 1.44% Cu
39.6 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 offLYNX PROJECTBeardmore, Ontario

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LYNX PROJECT –Cu Ag Au
Located within the OnamanProperty –Northern Ontario
VMS system –high grade Cu-Ag-Au 43-101 Resource
Numerous VMS targets on the OnamanProperty –potential to host large VMS deposit
Open at depth and along strike –Existing compliant resource -only drilled to 250-300 metres
Open Pit component –potential to increase size to the north
Sage –Non-exclusive agreement with Premier Gold to purchase Northern Empire mine and mill –75km from Lynx

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Patrick J. Mars
Chairman 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.
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.
Mr. Freeman has extensive experience in public markets, finance and compliance, this includes six years as Director of Markets and Compliance at the OFEX Market (now ISDX). Mr. Freeman is Compliance Officer of Loeb Aron & Company a London corporate finance firm, a Lay member of the Upper Tribunal (Tax & Chancery) and of the Probate Committee of the ICAEW. Mr. Freeman is also a director of TSX-V quoted Cabo Drilling Inc., of AIM quoted Capital Lease Aviation PLC and of Jenolan Ltd.
Sandy Chim
Director
Mr. Chimis an international business executive. He is the President and CEO of Century Iron Mines Corporation (TSX- FER), a director of AugyvaMining Resources Inc. (TSX.V-AUV) and non executive director of Prosperity Minerals Holdings Limited. Mr.Chimresides in Kowloon, SAR, Hong Kong, PRC.
C. Nigel Lees
President, 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.
BOARD OF DIRECTORS
Peter Freeman
Director

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MANAGEMENT and CONSULTANTS
Management
William D. LoveVP and Business Development
Robert RyanChief Financial Officer
Michael SkutezkyLegal Counsel
Consultants
Bob Ritchie
Mining Engineer
Mr. Peter Hubacheck is a consulting geologist and President of W. A. Hubacheck Consultants Ltd. He has over 35 years of experience as a project geologist, exploration manager and Qualified Person for the purposes of NI 43-101, with experience in the exploration for gold, silver, base metals, uranium and diamonds in Canada and the USA. He holds a Mining Technologist (1974) diploma from the Haileybury School of Mines and Technology, Haileybury, Ontario and a B.A.Sc. (Geol. Eng. 1977) degree from the South Dakota School of Mines and Technology, Rapid City, South Dakota.
Mr. Ritchie is a Professional Engineer with over 40 years of experience in mine management and development, feasibility studies and mine construction. He has worked with several mining companies including Goldcorp, NorandaMines and St. Andrew Goldfields. He was responsible for the construction of the Stock (now BrigusGold) Mill. Mr. Ritchie is a graduate of the Michigan Technological University with a Bachelor of Science in Geology Engineering. He is also a Qualified Person (QP) as defined by NI43-101.
Peter Hubacheck
P.Geo, QP
C. Nigel Lees
President, CEOand 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.
Mr. Love is a geologist who has been involved in mineral exploration in Canada and was part of the world class Hemlodiscovery 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.
Mr. Ryan brings over 25 years of experience in CFO and COO roles in private and public companies with an extensive background in financing and M&A transactions. Mr. Ryan is a CPA, CA and holds an MBA from the University of Toronto.
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.

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WHY INVEST IN SAGE GOLD
Clavos –one of the few permitted gold deposits in Ontario, Canada
Near Term Potential Production
Clavos Positive Preliminary Economic Assessment –Low Capex/ Fast Payback
Lynx –Compliant Resource / Large Deposit Potential/ Open Pit tonnage
Clavos/ Lynx -potential to Increase Tonnage through further in-fill and exploration drilling
Production Financing –Joint Ventures being pursued
Low Market Capitalization
SMALL AND PROFITABLE IS BEAUTIFUL

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CONTACT INFORMATION
Sage Gold Inc.
365 Bay Street, Suite 500
Toronto, ON M5H 2V1
Tel.: 416 204-3170
Fax: 416 260-2243
info@sagegoldinc.com
Karen Levy