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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

Post by GoldenPolarBearon Mar 06, 2022 4:02pm
166 Views
Post# 34488347

$5 Billion profit is within reach for Sabre Gold Minesđź’°

$5 Billion profit is within reach for Sabre Gold Minesđź’°

Plus Many Million Ounce Resource Potential

(1) Copperstone Zone = 1 million au oz potential 
 
(2) Footwall Zone: 150m from the Copperstone Zone

(3) Deep South & South Pit : Intercepts of +8 g/t
 
(4) South-West Targets Has same geophysical signature as Copperstone zone and intercepts of 8 to 32 g/t  = 1 million au oz potential & is as large as the Copperstone mine
 
(5) Blue Pearl Targets Three Targets of same geophysical signature and size as Copperstone orebody = 3 million au oz potential 
 
Several Advanced High Priority Exploration Targets having plus million-ounce potential have yet to be drill tested

https://www.sabre.gold/sabre-gold/Sabre_Gold_Mines_Corp_Presentation_January_2022.pdf

T
his adds up to a very conservative 
= 5 million high grade au oz potential 

"... 
The four areas are the Southwest Target and Blue Pearl Targets 1, 2 and 3.  Not only are the Blue Pearl Targets similar in magnetic signature to Copperstone, they are also similar to the Southwest Target which has had successful drill results in the past. 

The additional permitted land is necessary to allow the Company to explore the Blue Pearl areas.  Blue Pearl 1 and a portion of Blue Pearl 2 are located on State Sections 6 and 7 in Township 6N, Range 19W of La Paz County in Arizona.

"The addition of the area covering the new exploration targets enhances an entirely new dimension to the strategy of fully realizing the potential of the Copperstone Project.  The Copperstone Zone, the Southwest Target and Footwall Target are the short to medium term aspects of the Copperstone Project and soon, with the addition of the Blue Pearl targets, we have a longer term avenue of value creation,"..."


https://www.newswire.ca/news-releases/kerr-mines-announces-new-exploration-targets-at-copperstone-project-651228623.html

Y
ou do the math 5 million au oz x $1,800 gold price = $9,000,000,000 - $5,000,000,000 costs
Profit = $4,000,000,000

Now let's look into the future and conservatively add Brewery Creek 
Measured & Indicated 1.14 million au oz along with another 1 million 
au oz of Yukon Gold.

You do the math 7 million au oz x $1,900 gold price
=
$
13,300,000,000 - $8,000,000,000 costs

Profit = $5,3000,000,000

that's $5 billion usd

Now we know why 
Eric Sprott 
is there number 1 investor and
why has not dumped his
Sabre Gold Mines shares...


"... 
1.8 Mineral Resource Estimate

Measured, Indicated and Inferred Mineral Resource estimates have been produced for the eleven named deposits and the Leach Pad area. The results of the estimation are that the Brewery Creek Project has Measured and Indicated Mineral Resources totaling 34.5 million tonnes at 1.03 g/t, containing 1.14 million ounces of gold. Inferred resources total 36.0 million tonnes at 0.88 g/t containing 1.02 million ounces of gold.


https://www.sabre.gold/sabre-gold/BREWERY-CREEK-PEA-43-101-REPORT-28JAN2022.pdf

 



https://www.business-standard.com/article/international/gold-rush-russia-ukraine-conflict-to-push-global-gold-prices-to-2-000-122030500477_1.html

https://www.zawya.com/en/markets/commodities/uae-gold-could-touch-2-000-this-month-if-russia-ukraine-conflict-further-escalates-uc0eg9dz


https://www.fxempire.com/forecasts/article/gold-gaining-awareness-or-just-further-geo-political-bid-maybe-both-924790
 

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