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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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Post by GoldenPolarBearon Feb 22, 2022 10:05pm
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Post# 34452485

FRC states Copperstone Gold Mine has a 12+ year mine life

FRC states Copperstone Gold Mine has a 12+ year mine life

FRC states Copperstone Gold Mine has a 12+ year mine life on page 3 near the bottom 

12 years x 40,000 au oz annual production = 480,000 au oz


https://mcusercontent.com/089745f1fc8715ebd47da6563/files/37d8298f-c6a1-d7f2-b70a-4951716de00e/Sabre_Feb_2022_Update.pdf

480,000 au oz X $1,900 gold price = $ 912,000,000 

$ 912,000,000-$500,000,000 all in costs etc.

Profit about a very conservative $412,000,000 from Copperstone alone...

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