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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 Feb 02, 2023 6:53am
147 Views
Post# 35261521

“Gold rises to highest since April after Powell strikes

“Gold rises to highest since April after Powell strikes

"... 

Gold rises to highest since April after Powell strikes dovish tone..."


"... Gold prices extended gains on Thursday to touch their highest in more than nine months after the Federal Reserve raised interest rates by an expected 25 basis points and Chair Jerome Powell’s comments were read as dovish by the market...."


https://financialpost.com/pmn/business-pmn/gold-rises-to-highest-since-april-after-powell-strikes-dovish-tone
 

These higher gold prices should be making further financing to restart gold production at the Copperstone Mine in Arizona more viable for Andrew Elinesky the CEO of Sabre Gold Mines...

https://twitter.com/GOLDCOUNCIL/status/1621072038264725504?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

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