SGX Establishes New High-Grade Zone and Extends Edleston Deposit

Jan 29, 2013

WINNIPEG, MANITOBA–(Marketwire – Jan. 29, 2013) – Dale Ginn, President and Chief Executive Officer of SGX Resources Inc. (TSX VENTURE:SXR), is pleased to report that drilling has followed up on the new high-grade gold discovery located immediately to the south of the Edleston deposit. Drill hole #12-90 encountered three distinct high-grade intersections, cutting 2.7 metres of 7.1 g/tonne as well as 1.5 metres of 10.5 g/tonne and 1.3 metres of 8.7 g/tonne. Drill hole #12-90 is located immediately below and to the east of discovery hole #12-86, which produced a 6.3 metre interval of 68.5 g/tonne (see press release dated Nov. 20, 2012). Additional assay results are also being reported for Edleston Zone drilling that has successfully extended the main body eastward by over 100 metres since November, 2012.

Drilling programs have now recommenced on the main body of the Edleston Zone with two drills focusing on both infill and extensions. A single drill has also commenced on the Tully gold deposit located 20 kilometers north of Timmins while an additional drill has started on the Grenfel project located west of Kirkland Lake in order to follow up on historical shaft, level development and diamond drilling by previous owners. It is anticipated that mineral resources technical reports will be prepared this year for the Edleston and Tully deposits.

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