Sabre Gold Mines Corp - SGLDF STOCK NEWS

Sabre Gold Mines Corp. (SGLDF) announced significant advancements at its Copperstone gold project in Arizona, with preparations for startup and full production ongoing. Definition drilling has shown high grades and continuity, supporting an updated geological model. The project aims for annual output of 40,000 to 45,000 ounces in the initial years, with a comprehensive mine plan in place. Additionally, progress on the processing facility is nearing 60% completion, with excellent gold recovery noted in final metallurgical tests. An update on project funding is expected in Q2-2022.

Sabre Gold Mines Corp. (TSX: SGLD, OTCQB: SGLDF) announced encouraging underground drilling results from its Copperstone gold project in Arizona. The in-fill drill program revealed strong continuity of the mineralized shear zone, providing confidence in resource models and mine planning. Key highlights include notable gold grades: 6.0 m at 13.4 g/t and 4.5 m at 14.5 g/t. The drilling program, completed between October and December, comprised 85 holes over 3,004 meters. Sabre aims to restart production soon and holds significant gold resources with exploration plans underway.

Sabre Gold Mines Corp. has filed an independent technical report supporting the Preliminary Economic Assessment (PEA) for its Brewery Creek gold project in Yukon, Canada. Highlights include:

• After-tax NPV of $112 million at 5% and an IRR of 27.6% at $1,700/oz gold.
• Average annual cash flow of $36 million, increasing to $44 million at $1,900/oz.
• Average annual production of 60,000 ounces over an 8-year mine life.
• Total cash cost of $850/oz and all-in sustaining cost of $966/oz.
• Pre-production capital costs of $105 million.

Sabre Gold Mines Corp. has announced a Preliminary Economic Assessment (PEA) for its Brewery Creek Gold Project in Yukon, Canada, projecting an after-tax NPV of $112 million at $1,700/oz gold and a 27.6% IRR. Key metrics include a total cash cost of $850/oz and an all-in sustaining cost of $966/oz, with an 8-year mine life producing 473,000 ounces of gold. The project has potential for resource expansion and benefits from existing infrastructure. The company plans to advance to a feasibility study while focusing on expanding production capacity.

On December 17, 2021, Sabre Gold Mines Corp. (TSX:SGLD; OTCQB:SGLDF) announced that shareholders approved all resolutions at its Annual and Special Meeting. A total of 238,344,192 common shares were voted, representing 37.66% of all outstanding shares. Key resolutions included the election of directors, appointment of an auditor, and approval of a long-term incentive plan, all achieving substantial shareholder support. The company, known for its Copperstone and Brewery Creek gold mines, is positioned as a near-term gold producer with significant exploration potential.

Sabre Gold Mines Corp. (SGLDF) announced a significant resource update for its Brewery Creek Gold Project in Yukon, increasing measured and indicated resources by 355,000 ounces of gold, a 32% enhancement. The total measured and indicated mineral resources now stand at 34.5 million tonnes, equivalent to 1.14 million ounces of gold. The upcoming Preliminary Economic Assessment (PEA) is expected to yield favorable economic insights, with permitting on schedule. Expansion drilling is planned for 2022 to further increase resources.

Sabre Gold Mines Corp. (TSX: SGLD/OTCQB: SGLDF) will present live at VirtualInvestorConferences.com on December 8th, 2021, at 1:30 ET. Investors can engage in real-time Q&A during the event, with a recording available afterward. The company holds significant resources of 1.1M oz gold in Measured and Indicated, and 1.5M oz in Inferred categories. Sabre Gold aims to restart production at the Copperstone mine in Arizona and Brewery Creek in Yukon. Pre-registration is recommended for streamlined participation.

Sabre Gold Mines Corp. (SGLDF) has filed an independent technical report on SEDAR confirming an updated mineral resource for its Copperstone gold project in Arizona. The report showcases significant increases in gold resources: a 23% rise overall, with Measured Resources up 53% to 196,000 ounces at 7.6 g/t, and Inferred Resources up 45% to 212,000 ounces at 5.9 g/t. The resource was estimated at a gold price of $1,700 per ounce. This update solidifies the project's potential as management plans to restart production at Copperstone.

Sabre Gold Mines Corp. provides updates on its Copperstone gold mine in Arizona and Brewery Creek mine in Yukon. The updated mineral resource estimate at Copperstone shows a 23% increase in resources at an average grade of 6.6 g/t gold, with production anticipated to commence in 2022. Brewery Creek is set to release a Preliminary Economic Assessment in Q4-2021, focusing on expanding its production profile. Investments in engineering and pre-construction activities are underway at both sites, enhancing the company's resource base and positioning for near-term production.