Sagebrush Gold Completes Drilling and CSAMT Survey  

NEW YORK, NY - Sagebrush Gold, Ltd. and Continental Resources Group, Inc. reported that Sagebrush Gold has completed the first phase of drilling on its six plus square mile Red Rock property, located at the intersections of the prolific gold producing Battle Mountain-Eureka, Rabbit Creek and Caetano Gold Trends in the Mt. Springs Mining District, Lander County, Nevada. Ten thousand, four hundred and twenty-six feet (10,426 ft) of combined diamond core and reverse circulation footage has been completed in 15 drill holes. The Company commenced drilling on August 2, 2011.

Approximately 80% of the drill assays have been received and both geologic and assay data drill vector to a precise drill location - drill hole RRC: 11-15. The hole intersected 10 feet grading 1.23 g/T Au (including 5 ft grading 2.18 g/T Au) with corresponding elevated silver, arsenic, mercury, selenium, thallium and tellurium. This hole along with high metal values obtained from three other holes drilled in the same general area suggests that the metal values recorded represent leakage from a highly prospective, potentially, high-grade gold target that exists at depth. The location of the prospective gold target corresponds directly with surface geochemical data and the center of a large gravity high that is interpreted to represent altered rocks at depth. In addition, very sooty carbon alteration, strong quartz veining, and high pyrite content was encountered in most holes.

"We are seeing exactly the type of mineralization and structural preparation that is reported to occur above a 'Carlin-type' gold deposit," states project geologist, Arthur Leger. He continues, "We are concentrating our exploration efforts along the north margin of the northwest trending Caetano Graben, which we feel is one of the major metal feeders in the region."

"Both soil and rock geochemistry, geologic mapping, detailed gravity geophysics and drilling, confirm the existence of a large metal bearing hydrothermal system in the region. In addition, the phase I drilling has only partially tested one of four large gold bearing areas located along the northern Caetano structural zone.

The company's address is 1640 Terrace Way, Walnut Creek, CA 94597, 877-705-9357.