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Aug-Sept 2012 Path to Production February 2015 TSX-V : SGX Path to Production … & Beyond

Investor Presentation February 2015

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Aug-Sept 2012

Path to Production

February 2015TSX-V : SGXPath to Production … & Beyond

Path to Production … & Beyond

Forward Looking StatementsStatements 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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Path to Production … & Beyond

Sage plans to develop production from its existing advanced resources such as the 100% owned Lynx deposit and other properties owned or to be acquired with near term production potential.

Sage will use the proceeds of $4.15 million through the sale of 60% interest in Clavos to retire secured debt and provide working capital to advance its Lynx deposit.

CORPORATE STRUCTURE

CORPORATE STRATEGY

Exchange Symbol: TSX.V – SGX

• Shares O/S: 12.9 million• Shares F/D: 13.9 million• Current price: $0.14• 52 week high/low: $0.60/$0.07• Market Cap: C$ 1.81 million• Average Strike Price of Warrants/Options: $1.23• Proceeds from Warrants/Options: $1.4 million

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Path to Production … & Beyond

SAGE GOLD ADVANTAGE

NEAR TERM PRODUCTION

1. Lynx Cu- Ag - Au project Potential to generate strong cash flow for the company

2. Lynx - 43-101 resource – 61.3 million pounds Cu, 2.24 million ounces Ag, 33,000 ounces Au

3. Valuation – Market Cap./ Ib in-situ Cu = $0.03, $0.08 m.c./ lb of open pit Cu

3. Blue Sky Potential – Lynx Project, Onaman property Lynx is open at depth and along strike 100%-owned Onaman property also hosts several additional volcanic-hosted

polymetallic base-precious metal zones Headway, Cane Gold and Copper Additional gold projects – Paint Lake, Clist Lake, Pillars (optioned to Silver Stream)

4. Potential transaction to acquire a mine and mill in the area

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Path to Production … & Beyond

ONAMAN PROPERTY - LYNX PROJECT - ONTARIO

NE Mine Mill*

Leitch*

Nortoba*

* Properties of Interest Jacobus Cu Ni

Clist Lake Au

Paint Lake Au

Lynx Cu Ag Au

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Path to Production … & Beyond

Beardmore Geology

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Path to Production … & Beyond

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Path to Production … & Beyond

LYNX DEPOSIT

HEADWAYDEPOSIT

Cane Gold - Metallurgical Work – 2006Concentrate 66% Pb, 4,402g/t Ag, 23.8g/t Au

Cane Copper 2006 Drilling – 1.91% Cu, 95g/t Ag. .05g/t Au Over 5 metres

Historic ResourceHeadway Main Zone -739,400 tons of 3.15% Zn and 31 g/t Ag –Goldbrook 1993

Lynx Resource –1,936,000 tonnes – 1.44% Cu, .39.6 g/t Ag, 0.58 g/t Au includes open pit 485,000 tonnes 2.1 % Cu, 45.3 g Ag/T, 0.70 g Au/T

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Path to Production … & Beyond

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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% 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

LYNX PROJECTBeardmore, Ontario

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Path to Production … & Beyond

LYNX PROJECT – Cu Ag Au

Located within the Onaman Property – Northern Ontario

VMS system – high grade Cu-Ag-Au 43-101 Resource

Numerous VMS targets on the Onaman Property – 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

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Path to Production … & Beyond

TIMMINS GOLD CAMPS CLAVOS 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 ozs gold

Existing infrastructure - underground ramp and levels every 25 metres to 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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Path to Production … & Beyond

Total Indicated 1,258,400 4.81 g/t 194,600

__________________________________________________________________________Total Inferred 795,600 4.70 g/t 120,000

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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 OuncesCategory

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Path to Production … & Beyond

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.

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 ChimDirector

Mr. Chim is an international business executive. He is the President and CEO of Century Iron Mines Corporation (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.

C. Nigel LeesPresident, CEO and Director

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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 yearsexperience in the Canadian investment industry and is currently a Director of several publicly traded mining companiesincluding Yamana Gold.

BOARD OF DIRECTORS

Peter FreemanDirector

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MANAGEMENT and CONSULTANTSManagement

William D. LoveVP and Business Development

Robert RyanChief Financial Officer

Consultants

Bob RitchieP.Eng

Mr. 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 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 HubacheckP.Geo, QP

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.

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. Howard obtained a Bachelor of Science degree in Geology from the University of Toronto, and a Master of Science degree in Economic Geology from the University of Colorado (Boulder). Subsequently, he obtained certification as a Gemologist from the Gemmological Assocation of Great Britain. His professional experience spans a wide variety of mineral commodities, geological settings, countries and continents.

Avrom E. HowardMSc, FGA, P.Geo

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Path to Production … & Beyond

WHY INVEST IN SAGE GOLD

Sale of Clavos interest – pay off all secured debt and provide working capital to advance other projects

Lynx – Compliant Resource / Large Deposit Potential/ Open Pit tonnage

Lynx - potential to Increase Tonnage through further in-fill and exploration drilling

Shares trading at post transaction cash value

Potential open pit resources at Lynx – low capex cash flow

Low Market Capitalization

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Path to Production … & Beyond

CONTACT INFORMATION

Sage Gold Inc. 365 Bay Street, Suite 500 Toronto, ON M5H 2V1Tel.: 416-204-3170Fax: 416-260-2243

[email protected] Levy

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