Welcome to our dedicated page for Sabre Gold Mines news (Ticker: SGLDF), a resource for investors and traders seeking the latest updates and insights on Sabre Gold Mines stock.
Sabre Gold Mines Corp. (TSX: SGLD) (OTCQB: SGLDF) is a diversified, multi-asset near-term gold producer in North America. The company owns 100% of the fully licensed and permitted Copperstone gold mine in Arizona and the Brewery Creek gold mine in Yukon, both former producers. With approximately 1.5 million ounces of gold in measured and indicated categories and 1.2 million ounces in the inferred category, Sabre Gold has significant exploration potential. Led by experienced mining professionals, the company is focused on restarting production at Copperstone and maximizing the exploration upside of its projects.
Sabre Gold Mines Corp. (SGLD, SGLDF) has initiated the permitting process for its Brewery Creek Property in Yukon, Canada, while progressing the Copperstone Project in Arizona. The updated project description for Brewery Creek is a key step in obtaining approval from the Yukon Environmental and Socio-Economic Assessment Board. Highlights from the Preliminary Economic Assessment indicate an after-tax NPV of $112 million at $1,700 per ounce gold and an average annual production of 60,000 ounces. The company has also renewed its Land Use Permit for another 10 years to expand exploration efforts.
Sabre Gold Mines Corp. (SGLDF) appointed Mike Maslowski as Vice President, COO, enhancing its management team for the Copperstone gold project in Arizona. The company is focused on advancing discussions for project debt financing to minimize stakeholder dilution, aiming to advance Copperstone to production within 12 months. The project is fully permitted with a lower than typical restart capital requirement. Detailed engineering of the processing facility is 70% complete, with expected annual production of 40,000 to 45,000 ounces of gold, supported by a comprehensive mine plan.
Sabre Gold Mines Corp. (TSX: SGLD, OTCQB: SGLDF) announced the appointment of Sid Tolbert as Vice President and General Manager, enhancing its management team. Tolbert, with over 30 years of experience in underground mining, is expected to lead the advancement of the Copperstone gold project towards production. The company also reported promising underground drilling results at Copperstone, with significant gold grades, particularly a drill hole showing 4.6 m at 16.9 g/t gold. The results indicate strong potential for further resource expansion.
Sabre Gold Mines Corp. (OTCQB: SGLDF) announced positive underground drilling results from its Copperstone gold project in Arizona. High-grade gold intercepts were recorded, suggesting potential extensions of the D Zone. Key highlights include:
- RC P2F95: 10.7 m at 14.3 g/t, including 1.5 m at 74.1 g/t
- RC P2F61: 3.0 m at 12.0 g/t, including 1.5 m at 19.6 g/t
- RC P2E50: 1.5 m at 17.1 g/t
- RC P2F64: 1.5 m at 9.5 g/t
Assays from 80 of 83 sampled holes confirm high-grade continuity, with further results pending.
FAQ
What is the current stock price of Sabre Gold Mines (SGLDF)?
What is the market cap of Sabre Gold Mines (SGLDF)?
What projects does Sabre Gold Mines Corp. own?
How much gold does Sabre Gold have in the Measured and Indicated categories?
Who leads Sabre Gold Mines Corp.?
What is the focus of Sabre Gold Mines Corp.?
What is the exploration potential of Sabre Gold's projects?
Where can I find more information about Sabre Gold Mines Corp.?
