Sabre Gold Mines Corp T.SGLD

Alternate Symbol(s): SGLDF

Metals & Mining Gold

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

Sabre Gold Mines Corp

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Comment by jsnfernleyon Dec 19, 2014 3:02pm

191 Views

Post# 23250437

RE:RE:heading for 2 cents

The McGarry property is secured by the almost $5m in loan principal and accrued interest--I doubt if the secured creditor is going to allow the transfer of the property without being paid in full.

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