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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 Feb 23, 2022 2:48pm
90 Views
Post# 34454972

Copperstone Mine Plan indicates 40,000+ Gold oz per annum 🔑

Copperstone Mine Plan indicates 40,000+ Gold oz per annum 🔑

"... The mine plan indicates annual production of approximately 40,000 to 45,000 ounces per annum while demonstrating favorable economics which includes future expected conversion of additional resources based on the open extent nature of both the Copperstone and Footwall zones...."


https://www.sabre.gold/sabre-gold-provides-copperstone-project-update/

"... 
Gold prices rose above the key $1,900 an ounce level on Wednesday as tensions continue to mount in Ukraine following reports that several government and bank websites were hit by cyberattacks.

Spot gold rose 0.5% to $1,908.08 per ounce by 11:45 a.m. ET, its highest level since the end of May 2021. US gold futures held their ground, moving 0.1% higher to trade at $1,909.90 per ounce...."

https://www.mining.com/gold-price-moves-past-1900-as-tensions-mount-in-ukraine/

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