Fabled Silver Gold Corp. V.FMK.P

Primary Symbol: V.FCO

Metals & Mining Industrial Metals & Minerals

Fabled Silver Gold Corp is focused on acquiring, exploring and operating properties that yield near-term metal production. The company focuses on acquiring precious metal properties in Mexico with blue-sky exploration potential. It has entered into an agreement with Golden Minerals Company to acquire the Santa Maria Property, a high-grade silver-gold property situated in the center of the Mexican epithermal silver-gold belt. The belt has been recognized as a metallogenic province, which has reportedly produced more silver than any other equivalent area in the world.

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Fabled Silver Gold Corp. > Unlocking copper value

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Comment by BearBull007on May 22, 2021 4:21pm

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Post# 33254440

RE:RE:Unlocking copper value

BearBull007 wrote:

CafeCuban wrote: In the recent WSR interview Peter H indicates ( watch from 24:30 onwards) there is already 200 million+ pounds of copper in the Muskwa property, potentially more to come. With copper at $4.6 per pound, the gross value is ~1 billion dollars. Am I understanding this correctly? If this is the case, why is it not priced in FCO sp today? Link to interview here... https://youtu.be/XfGZ16wdT-Y

https://www.sedar.com/GetFile.do?lang=EN&docClass=24&issuerNo=00036883&issuerType=03&projectNo=02952926&docId=4575605
PG. 7:
While the estimates presented for the Davis-Keays (MacDonald 1970) and Churchill (Carr 1972) deposits are considered relevant, they are historical, do not meet NI 43-101 standards or use current CIM terminology, and therefore are not reliable and should not be relied upon. The writer has not done sufficient work to classify the historical estimates as current mineral resources or mineral reserves, nor is Fabled treating the historical estimates as current mineral resources or mineral reserves.

Also
https://www.sedar.com/GetFile.do?lang=EN&docClass=24&issuerNo=00036883&issuerType=03&projectNo=02820733&docId=4385836
PG. 59:
The reserve estimates prepared for the Eagle and Magnum Vein deposits are considered relevant, but they are historical, do not meet NI 43-101 standards, and therefore should not be relied upon. The writer has not verified the reserve calculations or the assay results supporting them, and is not treating the historical estimates as current mineral resources or mineral reserves.

While mineralization found in the Eagle and Magnum Vein deposits is not necessarily indicative of mineralization on either the Neil or Toro Properties, similarities in lithological type, age, formation, grade, and structure demonstrate exploration potential on the Muskwa Project.