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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 LTGoldBullon Jun 18, 2012 11:27am
217 Views
Post# 20025639

RE: milling

RE: milling

schnutzy, only 1 week ago, from the NR,

""Mining and hoisting operations at the McGarry gold mine are proceeding well and, throughout May, we have been trucking to the mill," said Todd J. Morgan, President and Chief Executive Officer.

Starting April 16th and for that month 3,000t were shipped, 5,000t for May and now approaching 10,000t total as of 11 June NR. Capacity at McAlpine is 200t/day, milling commenced 2nd May (10,000/200= 50 days worth).

Someone maybe pulling your leg boy.

"As the mill had not been in operation prior to Armistice becoming its sole customer, there was a start up period required. Milling commenced on May 2 and has continued smoothly since then. Our current plan is to begin gold sales in June or July. At that time, we will record our first operating revenue and cash flow," said Mr. Morgan

Cheers, Mark

Bullboard Posts