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1Update November, 2009
1
2009 Highl ights
Commercial Production Achieved Developed Hinge Mine
Discovered L-13 and Cohiba Zones
Discovered Deep West Zone
Over 350,000 feet dri lled so far
New High Grade Gold Producer
Manitobas Rice Lake Gold Belt
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Corporate Profile
Issued and OutstandingRecent PriceMarket CapitalizationManagement positionInstitutionsLargest
Cash
265,000,000$3.00 Cdn$800,000,00015%55%Goodman + CoGold 2000RBCVan Eck25 m
SGR TSX.V
Coverage:
Cormark Dundee Wellington West TD
PI Financial National Bank BMO GMPSGR 1 yr SGR 5 yr
Avg daily volume 3 month 1,500,0000
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CEO, director: Dale Ginn, B.Sc., P.Geo, geologist, mine management inc ludingHarmony Gold, Goldcorp, Westmin and Hudbay.
Chair, director: Hugh Wynne, mine, mil l, exploration, founded SGR in 1997
Director: Richard Boulay, B.Sc., geologist, finance
Director : Courtney Schearer, MBA, mining, oil , business
Director : Ben Hubert, B.Sc., M.Sc., MBA , environmental consultant
Director : Micheal Power, P.Eng., CFA, mining and evaluation consul tant
Director: James W. McCutcheon, QC, law and major mining company experience
COO: Ian Berzins, P.Eng, , mining engineer, management, construct ionincluding Harmony Gold, Echo Bay, Suncor, Sherwood Copper
CFO: Gestur Kris tjansson, CA, MBA, public finance
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4
Competitive Advantages
Multiple high grade deposits in proximity to mill
Extremely successful exploration programs Fully permitted in all aspects
Strong balance sheet, no debt
Stable politics and business c limate
Lowest power costs in the wor ld at 2.5 cents per kw /hr
Full infrastructure and access
Skilled personnel, extensive local training
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5High component of gravity gold Grinding circuit, primary ball mill
Current capacity = 1250 tpd, 1800 tpd potential with crushing addit ion (2011)
Buil t 1997 gravity circuit additions 2009, flotation, CIP, dore
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Scale: 10 Kms
Land Posit ion
Rice Lake/Red Lake Belt
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Wingold
Hinge Zone
Six high grade zones discovered in five years
Cohiba ZoneL-13
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8New LiDar Survey highlights structure
L 13 area
Drilling Now
Site and Zone Location
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Includes Rice Lake Upper and Lower, Hinge and Cartwright
Hinge zone adds significant ounces and reduces cost per ounce via grade Hinge resource calc underway.
Hinge Mine developed and in production
Replace jaw crusher, increase mill capacity from 1250 to 1800 tpd by 2011
Cohiba, L-13 and other new zones may contribute as upside
Surface
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Mine and Deposit
Long Section LookingNorth
Location of current drill programs
Cohiba >12 g/T
Hinge >15 g/T
Deep East
96, A, C
98 W Ext
26L New
EmperorNew
L13 >12 g/T
-4000 ft
-3000 ft
-2000 ft
-1000 ft
-5000 ft
Surface
Deep West
1 km ToCartwright
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N
Cohiba
Hinge
L-13
D-shaft
Rice Lake
A-shaft
26-level
28-level
98 vein
6-level
334 vein
New Zone Locations and Rice Lake Mine
With Planned Development
Inclined View looking West
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28-09-155.9m 43.8g
26-09-344.5m 14.8g
98 vein
-5000 ft
-4000 ft
93 vein
94 vein
96, A, C veins
DE zones
Rice Lake Mine
D Shaft Long
Section Looking
North
Location of dr ill results Oct 19, 2009
Deep West Zone
New geology large sulphide zone
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New High Grade Discovery Zones
Hinge Zone
Cohiba Zone
L13
Emperor
New
Hinge Portal
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March 17, 2009 Hinge Ore Exposed
Spring, 2008 Hinge Zone Discovered
July 1, 2009 Bulk Sample Completed
November, 2009 In Production for < $10m
Hinge Zone Timeline
High Quality Ounces Abil ity to Fast Track
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Legend
Mill
Gold ounces recovered: 5,938Overall Mill Recovery: 96%Recovered by Gravity: 37%
Average per hour: 50 tonsMax achieved: 80 tons
Hinge Zone
Bulk Sample Results
July 14, 2009
Mine development underway
Drilling now
Stope 2738 21.7 (0.63) 1737Devel 9024 18.0 (0.53) 4448
Source Tons g/T (oz/t) oz
Cost data ($ Cdn)
Cost/ton mill $19Cost/ton mine $59Total $/ton $78
Total $/ounce $184
Total expenditure $6.5mTotal ft developed 8,000
Rice LakeWingold shaft 1930s AA
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General X-SectionHinge Zones and Deep Rice Lake
Looking East
1000 ft
2000 ft
3000 ft
4000 ft
5000 ft
Rice Lake
Deep East VeinsDrilled 1994
High grade 98 vein hinge-like vein51.4g over 2.7m
And 7.5g over 5m
Wingold shaft 1930s
2931
33
Deep East expl drift
OPEN Not dr illed
37
Now drill ing
Current underground drill ing
2000 meters
AA
Deep West Veins
Now drilling
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Cohiba Zone
L13 Zone
+ Predictive evolving model+ Repeating host structures+ Structural control fluid pathways
+ Unexplored volcanic rocks
San Gold
In-house Structural Geological Model Bearing Fruit
A
A
Now drilling
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Scale: 10 Kms
San Gold
Timmins area geology
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This presentation contains certain statements that may be deemed "forward-looking statements". All statements in this
document, other than statements of historical fact, that address events or developments that the Company expects to
occur, are forward looking statements. Forward looking statements are statements that are not historical facts and are
generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates",
"projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should"
occur. Forward-looking statements in this document include statements regarding the Company's intention to potentially
acquire mineral properties, statements with respect to a potential financing of units, and statements with respect to the
Companies exploration programs, the Company's. Expenditures on such exploration and the anticipated results of such
exploration
Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable
assumptions, such statements are not guarantees of future performance and actual results may differ materially from
those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in
forward looking statements include, failure to successfully negotiate or subsequently close such transactions, inability to
obtain required shareholder or regulatory approvals, uncertainty with respect to findings under exploration programs and
general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of
future performance and actual results or developments may differ materially from those projected in the forward-looking
statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company's management
on the date the statements are made. The Company undertakes no obligation to update these forward-lookingstatements in the event that management's beliefs, estimates or opinions, or other factors, should change.
These statements are based on a number of assumptions, including, among others, assumptions regarding general
business and economic conditions, the timing of the receipt of shareholder, regulatory and governmental approvals for
the Company's proposed transactions, the ability of management to successfully consummate the proposed transactions
and implement the planned exploration. The foregoing list of assumptions is not exhaustive. Events or circumstances
could cause results to differ materially.