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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

Post by GoldenPolarBearon Nov 10, 2021 12:54am
274 Views
Post# 34108193

Who is being provided with $600,000? 💰 💵 🇺🇸

Who is being provided with $600,000? 💰 💵 🇺🇸

NOV 09, 2021, 23:50 ET"...TSX Venture Exchange Stock Maintenance Bulletins

1 Company TSX Venture Exchange has accepted for filing documentation in connection with an Asset Purchase Agreement between the Company and Sabre Gold Mines Corp. whereby the Company will acquire the Marg Mineral Property located in Central Yukon.  Consideration is $600,000

I thought Sabre Gold Mines Corp. already owned the Marg Mineral Property... Well not anymore ... What is going on?
https://finance.yahoo.com/news/azarga-metals-signs-definitive-agreement-220000280.html
Why was the Marg Property given away for mere Pennies?

Disgusting news for Sabre Gold Mines Corp.

Why was Silver Predator NOT included in the acquisition of Golden Predator?


"... https://www.sabre.gold/projects/other-assets/

  • Marg: 2013 NI 43-101 Mineral Resource (Cu-Pb-Zn-Ag-Au)
  • Gold Dome: Multiple intrusion-related gold targets over 170 km2 land package
  • Grew Creek: Hosts the Carlos zone with results up to 68.0m of 6.0 g/t gold

"... President, CEO and Director, Gordon Tainton, said: "We're very excited about the Marg Project. Azarga Metal's technical due diligence has indicated that Marg is a high-grade copper-rich VMS project with significant gold and silver credits. The project has a NI 43-101 resource and a PEA report that was completed in 2016. The positive outlook for base metals and the exploration upside associated with the Project make it a compelling value creating opportunity for Azarga Metals."

The Company plans to conduct an equity financing to fund an aggressive drill program on the Marg project and announcements will follow in due course regarding the financing arrangements...."

 

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