Sage Gold moving quickly towards production
Nigel Lees, President, CEO and Director of Sage Gold Inc. (TSXV: SGX) (“Sage Gold”) in an interview with InvestorIntel Senior Editor, Jeff Wareham discuss Sage Gold’s production timelines. Nigel states Sage Gold is getting very close to be moving mineralized ore to the mill and they are expecting to be shipping ore by the end of September/beginning of October. Nigel also comments on what investors can expect to hear next from Sage Gold, which includes their planned explore drilling of the historical “very high-grade Kinross holes”.
Jeff Wareham: Nigel, you were on a few weeks ago. Things are moving fast in the gold world. You guys are quickly moving towards production. Why should investors be picking up Sage Gold at this point in the market?
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Nigel Lees: First of all, it is summer time and we often get a weakness in the gold price, the gold shares. Normally it is a very good time to own gold before we get into the season. The other thing, we are getting very close to moving mineralized ore to the mill. The mill is 10 kilometers away. We are expecting the end of September/beginning of October to be shipping ore. It is very, very close.
Jeff Wareham: You have received the last stages of your gold financing.
Nigel Lees: Yes we have. That is the capital we need to get us to that position. We currently have 5 drills underground operating right now and about 55 employees and we started at the beginning of this year to dewater. We have been moving very fast…to access the complete interview, click here
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