Sage Gold is developing the Clavos gold deposit in Timmins, Ontario with the goal of near-term production to generate cash flow. Key points: - Clavos has a NI 43-101 resource of 1.3M oz gold and permits to reopen the existing mine. - A PEA shows strong economics for the project, with a pre-tax IRR of 71% and NPV of $23.2M at $1500/oz gold. - Sage plans to dewater and rehabilitate the mine in 2013, then start initial tonnage extraction in late 2013 or early 2014 to achieve commercial production in 2015. - Existing infrastructure and underground development will allow for potentially

1. Aug-Sept 2012
Path to
Production
June 2013TSX-V : SGX
Path to Production
Timmins, Ontario

2. Path to Production
Forward 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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2
Sage Gold’s short term plans are to develop production on their existing
resource on the Clavos deposit to generate cash flow to fund further
exploration and potentially develop a leading gold mining company in a world
class mining camp.
CORPORATE STRUCTURE
CORPORATE VISION
Exchange Symbol: TSX.V – SGX
OTC – SGGDF (USA)
• Shares O/S: 113.9 million
• Shares F/D: 136.8 million
• Current price: $0.04
• 52 week high/low: $0.21/$0.025
• Market Cap: C$ 3.5 million
• Average Strike Price of Warrants/Options: $0.17
• Proceeds from Warrants/Options: $4.8 million

4. Path to Production
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TIMMINS GOLD CAMPS CLAVOS DEPOSIT
Timmins, Ontario

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SAGE GOLD ADVANTAGE
1 Potential Near Term Production – Clavos Deposit
 Sage Gold has access to a custom mill in the area and may be able to move into
production cost effectively - could generate strong cash flow for the company
 Permits in place to re-open Clavos for dewatering and underground rehabilitation
2. New NI43-101 Mineral Resource announced Oct 23,2012
3. Preliminary Economic Assessment on Clavos Deposit
 71% Internal Rate of Return (pre-tax) and $23.2MM Net Present Value
47% Internal Rate of Return (after-tax) and $12.6MM Net Present Value
4. Blue Sky Potential – Clavos Deposit
 Open at depth and on multiple directions along strike
 Management will focus on continuing to increase resources
5. Strong Strategic Partnerships
 Clavos Property - Sage and St Andrew Goldfields JV partners (60%-40%)
 Providing low cost access to mine and mill
 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.

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CLAVOS DEPOSIT- HIGHLIGHTS
 Located in the prolific Timmins Mining camp and close geographically (20kms) to
Goldcorp’s (TSX-G) high grade Hoyle Pond mine which has produced more than 2.4 M
ozs since 1985 and is still in operation
 Existing infrastructure in place including underground ramp access to the 300m level,
underground levels developed every 25m, power to site, surface ventilation system,
water management system
 Low initial Capex required for potential production,$14.1million (represents 100% of
Capex requirement)
 Permits in place to re-open Clavos mine
 Clavos is also located 10kms from the Brigus Gold mill in Stock Township.

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NEAR TERM PRODUCTION PLANS
Q2- 2013
 Preliminary Economic Assessment completed March 2013
 Financing
Q3- 4 2013
 Dewater and Rehab. Mine
 Upgrade resources to reserves – Definition drilling
 Start of initial tonnage extraction
Q1- 2015 - Commercial Production
- subject to Pre-Feasibility Study
CLAVOS DEPOSIT
Timmins, Ontario
NOTE: Subject to completion of financing by end of Q2

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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 Cdn to US Dollar;
-tax rates are based on a blended rate between Sage and SAS
-excludes any financing costs
-contingency on capital expenditures of 30%
-CAPEX figures 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 demonstrated economic viability.
Clavos
PEA
Economic
Model

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WHAT MAKES CLAVOS UNIQUE
ENVIRONMENTAL PERMITTING
 all permits in place to dewater and commence
Tonnage extraction – 700 tpd
EXISTING SURFACE INFRASTRUCTURE
 10 km truck haul road to Hwy 101
 10 km by 27.6 kV overhead power line
 mine access roadways
 mobile shop, generator, compressor & cold storage
building
 office trailer
 dry facility
 settling & polishing ponds
 replacement value $5.0m

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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

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CLAVOS CAPEX BUDGET $14.1 MILLION
• Mining Equipment $5.5
• Surface Infrastructure $3.0
• Mine Rehabilitation $3.0
• Contingency $2.6
HISTORICAL MILLING DATA (96,887 t):
MILLING HEAD GRADE RECOVERY
Gold
gms/t
Gold
oz/t
% oz
(Au)
2nd Half 2005 6.23 0.20 87.4% 5,657
1st Half 2006 5.71 0.18 82.9% 2,860
2nd Half 2006 3.83 0.12 85.4% 3,746
1st Qtr 2007 3.61 0.12 89.0% 1,051
Note: Capex figures represents 100% of financing

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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 NI43-101MINERAL RESOURCE Oct ‘12
Tonnes Grade Total OuncesCategory
Convert Resources To Reserves:
 discrepancy in underground survey prevents assigning reserve
categories
 re-survey to verify actual location for underground workings
 stope definition drilling to provide data base for upgrading
resource categories
NOTE: subject to PFS

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CLAVOS RESOURCE CATEGORIES 2012
 4.5 KM strike length

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CLAVOS PEA REPORT 2013
 Forecasted production rate 600 tpd
 Life of Mine 7 years
 Forecasted Full production 3rd year, 4th Qtr.
 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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CLAVOS SUSTAINING CAPITAL ($21.0 M)
 Commence 1st
Qtr, Year 2
 Mine Development $ 4.9m
 Diamond Drilling $ 2.5m
 Discretionary $13.6m
PHASE 01:
 excavate 3m x 4m x 200m trackless heading to access Sediment Zone,
 complete 60m/30m drilling to evaluate Existing Clavos Down Plunge &
Sediment Zones,
 bulk sample for metallurgical process and mineral recovery assessment.
PHASE 02:
 continue 3m x 4m x 600m trackless heading to access 960 Zone,
 complete 60m/30m drilling to evaluate Existing Clavos Down Plunge & 960
Zones,
 bulk sample for metallurgical process and mineral recovery assessment.

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BOARD OF DIRECTORS
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 Bojtos
Director
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 Robertson
Director
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 Baylis
Director
Mr. Baylis brings over 23 years of domestic and international mining industry experience to the Company. Mr. Baylis
graduated with an LLB from the University of Western Ontario and is a member of the Law Society of Upper Canada.
Sandy Chim
Director
Mr. Chim is an international business executive. He is the President and CEO of Century Iron MinesCorporation (TSX-
FER), a director of Augyva Mining Resources Inc. (TSX.V-AUV) and non executive director of Prosperity Minerals Holdings
Limited. Mr.Chim resides in Kowloon, SAR, Hong Kong, PRC.
Mr. Bai is a Beijing, China businessman. He has investment and commercial experiences covering various fields in China
and Vancouver. With more than 20 years of business activities, he has established an extensive business network in
China. Mr.Bai is currently the President of Earnlead Investments Inc., Sino Water Holdings Inc., and has held such
positions since May 2011. He is a director for Century Iron Mines Corporation (TSX.V-FER).
Hua Bai
Director

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MANAGEMENT and CONSULTANTS
Management
William D. Love
VP and Business Development
Ron Reed
Chief Financial Officer
Michael Skutezky
Secretary and Legal 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,
Noranda Mines and St. Andrew Goldfields. He was responsible for the construction of the Stock (now Brigus
Gold) 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, 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.
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.
Mr. Reed is a CGA with an MBA ( Finance) from the NY Institute of Technology. He has more than 20 years of senior
experience in implementing financial business strategies and has been involved in more than 15 acquisition and
divesture transactions. Since 2009 he has been providing CFO services in the mining sector.
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.
Mr. O’Brien has over 30 years of sales, marketing ,business development and communications experience in the
Mining and Telecommunications industry. He is also a Communications / Interface Consultant for Carpathian Gold
after 7 years as Head of Corporate Communications / Investor Relations and has been with both firms since 2006.
Mike O’Brien
Communications Manager, Investor
Relations

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SAGE EXPLORATION PROPERTIES
Joint Venture Potential
• Properties - Onaman - Lynx Deposit, NI43-101 compliant resource
Paint Lake (adjacent to Brookbank Gold Deposit)
Jacobus (Cu/Ni),
Clist Lake (Au)
• Infrastructure in place - Road, Rail, Power
• Underexplored; Potential for large gold deposits - i.e. Red Lake
• Ongoing negotiations with potential joint venture partners.
Beardmore Geraldton Gold Camp

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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 off
LYNX DEPOSIT
Beardmore, Ontario

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WHY INVEST IN SAGE GOLD
 Near Term Potential Production Q1 -2015
 Positive Preliminary Economic Assessment
 Low Capex / Fast Potential Payback
 Strong potential to increase tonnage through further in-fill and exploration drilling
 Strategic acquisitions being evaluated to increase the company's resources and
production potential
 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
Mike O’Brien –
Communications Manager;
Investor Relations