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Sabre Gold Mines Corp T.SGLD

Alternate Symbol(s):  SGLDF

Sabre Gold Mines Corp. is a Canada-based gold producer in North America. The principal business activities of the Company are focused on exploring and developing the Copperstone Mine (Copperstone) in La Paz County, Arizona, United States. The Company has a 100% leasehold interest in the exploration and development stage Copperstone Project, which encompasses approximately 12,258 acres of surface area and mineral rights in La Paz County, Arizona, within a 50 square kilometer land package. It controls over 546 federal unpatented mining claims and two Arizona state mineral leases which together comprise the Copperstone Project area. The federal claims cover approximately 10,920 acres. It also holds other investments and projects at various stages of development.


TSX:SGLD - Post by User

Comment by GoldenPolarBearon Jul 11, 2020 8:24pm
53 Views
Post# 31256467

RE:RE:RE:Copper Price

RE:RE:RE:Copper Price
Kerr Mines Inc. NI 43-101 Technical Report Copperstone Project Geological Setting and Mineralization
 
7.2.3.4 Copper Oxide Mineralization
 
Copper mineralization has been intersected within both the hangingwall and footwall zones of Copperstone. The majority of Copper mineralization intersected by drilling is of oxide state and is understood to be primary. Oxide copper occurrence in drilling intercepts ranges from moderately coarse vein fill within structural zones to residual staining along thin margins. Predominate copper mineral occurrence is identified as malachite and chrysocolla. Intercepts containing native copper do occur at Copperstone as infill within veins and within dilational shears. Sulfide copper mineralization such as bornite and chalcopyrite are found at Copperstone but in lower occurrence relative to both oxide and native speciation. Recent metallurgical testing of historic samples from B zone materials did identify a small area containing anomalous concentration of sulfidic copper. Copper assay data was not typically not collected during historic drilling and sampling programs. Kerr incorporated copper assays into the 2017 exploration program and plans to continue collecting copper assay data during future drilling and sampling.
 
A direct association of gold with copper is not established even though both occur in economic concentrations. Virtually every dataset shows no correlation between the two metals. While they may occur within the same vicinity of a drillhole, they seldom occur in significant grades in a single body. Hole KER-17U-53 is a rare example. The current theory is that they are of separate phases that were depositing when certain structures were open to hydrothermal fluids. Timing of various geological structures and mineralizing fluids appears to be very important in the distribution of metals.

The geochemistry of the Copperstone deposit may be amenable to a factor analysis treatment to discover elemental associations that are not visible to the casual eye. As more multi-element data is obtained, this should be carried out on a domainal basis by the recognized zones...."

https://kerrmines.com/wp-content/uploads/KerrCopperstone_PFS_43-101.pdf

Last February I directly asked Giulio about Copper at Copperstone and he stated gold production is the focus but that eventually copper will be...

https://www.globenewswire.com/news-release/2020/01/28/1976058/0/en/Candente-Copper-Corp-appoints-Giulio-T-Bonifacio-as-Director.html
 
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