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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

Bullboard Posts
Comment by Dennis64on Jun 12, 2012 5:56pm
309 Views
Post# 20005912

RE: RE: News today

RE: RE: News today

"Not a worry" you say Mark?  I am guessing one of two possible senerios for halting the drilling on the Kerr.  1. grades thus far have not been what they where expecting or 2. they have run out of money to spend on drilling.  One other thing I am curious about, someone mention a figure of $1,000 / oz to process the material they are currently working on.  Is that figure just to get it to concentrate or finished poured gold? I can understand why they where in no hurry to release this update.  JMO

 

GLTA

Bullboard Posts