RE:RE:Sabre Gold COO Mike Maslowski Lays Out Plans for Yukon Gold When is the Yukon government going to provide the updated and expanded mining permits and also of paramount importance, licensing mining documents to ensure Brewery Creek starts GOLD production in 2 or 4 years?
Hopefully, Sabre Gold Management and the Yukon government can start to properly and politely work as a team to expedite this incredibly lengthy process! Sabre Gold Mines needs well over $100 million in financing to ...
We have all been waiting many years!
& the friction on all sides, really needs to STOP!
https://yukon.ca/en/science-and-natural-resources/mining/brewery-creek-mine-licensing-documents
" Sabre Gold holds 100% interest in two near-term North American gold producers: the fully permitted Copperstone gold mine located in Arizona, USA, and the Brewery Creek gold mine located in Yukon, Canada, both of which are former producers.
Management intends to restart production at Copperstone followed by Brewery Creek in the near term.
In this video SGLD's Chief Operating Officer updates investors on the Yukon Brewery Creek mine re-start plans.
https://www.youtube.com/watch?v=pMmh36_TDIs
"Ukraine sold $12bln worth of gold during the war
"...
As of January 2022, Ukraine held around 27 tonnes of yellow metal, which could be significantly lower. It was said that the sale was not to shore up the local currency (hryvnia).
Gold has been selling off recently in the face of higher U.S. yields. The story has slowed at the start of the week as some traders have trimmed bets of a 100bps Fed rate hike vs. a 75 bps hike at the next meeting. Nevertheless, gold has suffered in recent weeks as the fixed income complex offered a different safe-haven play.
https://www.kitco.com/news/2022-07-18/Ukraine-sold-12bln-worth-of-gold-during-the-war.html