SGX Extends Length of Tully Deposit to Over 1,000 Metres

Dale Ginn, President and Chief Executive Officer of SGX Resources Inc. (TSX
VENTURE:SXR), is pleased to report that recent step-out drilling has
substantially increased the known strike length of the Tully Deposit to more
than 1,000 metres (1 km) in length.


Step out drilling at approximately 300 metres to the west of previously
established limits of the Tully Deposit encountered high grade gold in drill
hole #13-38, cutting 36.7 g/tonne (uncut) over 6.3 metres at 200 metres below
surface. Coarse visible gold (see Figure 1 photo) was observed within a broad
zone of mineralized quartz and carbonate veining within the host altered
volcanic tuff, identical to the main Tully Deposit to the east. This drilling
took place on the bordering "Creighton" claims which were 100% acquired under a
three-year option agreement beginning in 2011. The host volcanic tuff unit is
readily identifiable by geophysics and has been traced by the Company for over 2
km in both the eastern and western directions away from the main deposit.
Drilling has also extended the zone by another 150 metres to the east beyond
previously established limits identified recently (see press release dated
August 28, 2013) as demonstrated by drill hole #13-26. The Tully Deposit and
adjoining claims are jointly owned (50/50) by SGX and San Gold Corporation
(TSX:SGR) with SGX being the operator.


"We have now managed to successfully extend the limits of the deposit in all
directions from the main body of the Tully Deposit with our drill programs. Our
last press release of August 28 established Tully's potential to depths of over
600 metres and we now have firmly demonstrated the length potential to the west
and east with this latest round of drilling," said Mr. Ginn. 


Assay results received to date on the step-out program are summarized below:



                               From     To  Length      Gold                
Hole #                          (m)    (m)     (m) (g/tonne)       Zone/Lens
----------------------------------------------------------------------------
                                                                            
Western Extension Holes:                                                    
                                                                            
SGX-13-38                     223.2  229.7     6.3     36.72  West/Creighton
                                                                            
including                     225.0  225.4     0.4    560.00  West/Creighton
                                                                            
and                           245.2  249.5     4.3      1.43  West/Creighton
                                                                            
and                           297.6  298.6     1.0      6.05  West/Creighton
                                                                            
SGX-13-36                      65.0   71.7     6.7      2.39  West/Creighton
                                                                            
Eastern Extension Holes:                                                    
                                                                            
SGX-13-19                     199.0  204.0     5.0      5.40            East
                                                                            
and                           345.0  354.5     9.5      1.94            East
                                                                            
SGX-13-20                     241.0  247.7     6.7      9.01            East
                                                                            
SGX-13-26                     314.1  324.6    10.5      1.32            East
                                                                            
Deep Extension (East) Holes:                                                
                                                                            
SGX-13-22                     634.0  640.5     6.5      8.00       East Deep
                                                                            
SGX-13-22B                    644.0  647.2     3.2      5.50       East Deep



The Tully Deposit does not outcrop and is overlain by overburden and till. The
host mafic volcanic tuff unit is readily identifiable by geophysics and has been
traced along strike further to the east and west. Initial shallow drill holes
such as #13-36 were designed simply to locate the tuff so that follow up
drilling as in #13-38 could focus on locating mineralization within the tuff.
The Tully Deposit is interpreted to be a series of shallow dipping (extensional
or ladder) stacked vein sets within a sub vertical competent mafic tuff host
that is bounded by ultramafic volcanic rocks to the south and sediments to the
north. This host sequence of rocks all lie within a regional east-west fault
corridor, a northern splay from the Porcupine-Destor Fault. The Tully deposit
has been drilled over a 1,000 metre strike length to date, and to depths of over
600 metres, remaining open along strike and to depth. True intersection widths
are interpreted to be 65% to 80% of drilled widths as shown in the table above.
Assay intersections are uncut as an appropriate cutting factor has not yet been
determined for this deposit. 


SGX Resources is also undertaking evaluation programs on its wholly owned
Edleston Zone, discovered in 2010 and located 60 km south of Timmins. An
additional drill program has been completed 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 a mineral
resources technical report will be prepared this year for the Tully Deposit. SGX
also holds a position in the Davidson-Tisdale Deposit and other strategic lands
to the west and south of Timmins, near current and past production. 


Sections, plans and diagrams related to this press release are available at the
Company's website, www.sgxresources.com, specifically a composite/longitudinal
section showing the location of the intersections received and released to date.



This program was carried out under the supervision of Peter Caldbick, P.Geo., of
SGX Resources Inc., the qualified person responsible for this news release. The
drill core was split, with half sent to Activation Labs of Ancaster, ON and fire
assayed with an AA and gravimetric finish. Whole metallic assays were performed
on samples containing visible gold. Check assays were also performed on pulps
and rejects, as well, blanks and standards were inserted into the sample stream.



A copy of this press release will be made available on the Company's website and
will be filed with SEDAR. 


CAUTIONARY STATEMENT: The information in this release may contain
forward-looking information under applicable securities laws. This
forward-looking information is subject to known and unknown risks, uncertainties
and other factors that may cause actual results to differ materially from those
implied in the forward-looking information. Neither the TSX Venture Exchange nor
its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the
contents of this News Release.


To view Figure 1: Hole 13-38 Core Sample, please visit the following link:
http://media3.marketwire.com/docs/sxr0926fig1.pdf.


To view Figure 2: Composite Section Looking Northeast, please visit the
following link: http://media3.marketwire.com/docs/sxr0926fig2.pdf.


To view Figure 3: Tully Mafic Tuff Location and Regional Magnetic Signatures,
please visit the following link:
http://media3.marketwire.com/docs/sxr0926fig3.pdf.


FOR FURTHER INFORMATION PLEASE CONTACT: 
SGX Resources Inc.
Dale Ginn
CEO
[phone]
www.sgxresources.com