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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

Comment by goldhappyon Feb 23, 2021 2:16pm
78 Views
Post# 32638399

RE:RE:RE:Arizona Gold: Restarting the Fully Permitted High-Grade

RE:RE:RE:Arizona Gold: Restarting the Fully Permitted High-Grade Some Thoughts! 437,000,000 shares fully diluted Using ...All costs in about $1200 US ? If the grams per ton increase...the cost per ton comes down. If the ore zones grow in size...the cost per ton comes down. If rock dilution remains low the cost per ton comes down. If ore zones remain near the current development the costs come down. If production increases above 40,000 oz the cost per ton comes down. @ $1800 gold = $600 free cash per oz @ $2200 gold = $1,000 free cash per oz 1,000,000 oz times $600 is $600,000,000 clear cash 1,000,000 oz times $1,000 is $1,000,000,000. clear cash Current diamond drilling is vital to plan the mining. Time is money in mining. I would increase the drilling rate by adding shifts , working 7 days a week. I would increase the number of drills. I would look to have as much information as possible in the shortest time frame. I would focus on getting one ore block fully drilled off in order to advance planning and get some development started. Any delays will stretch the first pour. I would plan on producing higher annual gold ozs. Just some of my thoughts.
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