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The fact that he has actually worked with the tools in underground mining and worked his way up to project management and executive management gives me confidence in the guy. Gold will probably go higher with at least 6 more rate hikes coming and all the geopolitics happening.
You never know. They might start producing just as gold is finding it's stride. Stranger things have happened.
Added some. GLTA
$SGLDF
yeah, and today there were more on the bid than the ask---a good sign
Not sure. The new guy has a great resume though. Maybe he can get some gold coming out of the ground sooner than later.
who was the one that got CANNED
"Sabre Gold is very pleased to announce the addition of Mr. Sid Tolbert as Vice President, General Manager to the management team."
This bodes well for $SGLDF
"... SABRE GOLD DRILLS 4.6 METRES OF 16.9 G/T GOLD & STRENGTHENS MANAGEMENT TEAM..."
https://www.sabre.gold/sabre-gold-drills-4-6-metres-of-16-9-g-t-gold-strengthens-management-team/
"... Management Team Appointment
Sabre Gold is very pleased to announce the addition of Mr. Sid Tolbert as Vice President, General Manager to the management team.
Giulio Bonifacio, President & CEO stated: “We are very pleased to have Mr. Tolbert join Sabre Gold as a key addition to our management team. Mr. Tolbert brings a wealth of underground mining and management experience to the team while remaining focused on safety and efficient operations. We look forward to working with Mr. Tolbert as we advance the Copperstone gold project into production in the near term.”
Mr. Tolbert is a mining engineer with more than 30 years of experience focused on underground operations and engineering. Mr. Tolbert has held various Mine Manager and General Manager positions with Hecla Mining Company and Klondex Mines Ltd. Mr. Tolbert was instrumental in advancing Klondex’s Fire Creek Mine from an exploration stage project to an operating mine. While at Fire Creek Mr. Tolbert optimized mining operations by changing the mining method to better fit the narrow character of the ore. He led the transition from long-hole stoping to cut and fill and shrink stoping where he reduced costs by an average of 40% per ounce, increased production, and reduced dilution, all maintaining a keen focus on safety with an exceptional safety record. Prior to Klondex, Mr. Tolbert worked at Newmont Mining for fourteen years starting as an underground miner before achieving his engineering degree and advancing to Superintendent for the Midas Mine and Vista Project. He holds Mining Engineering degree from the Haileybury School of Mines and is a certified Project Management Professional.
Drill Result Highlights
RC P2D47 4.6 m at 16.9 g/t includes 1.5 m at 47.6 g/t
Core P2F06 3.4 m at 5.4 g/t includes 0.8 m at 17.8 g/t
RC P2C32 4.6 m at 8.4 g/t
RC P2C36 1.5 m at 29.1 g/t
RC P2G69 3.0 m at 7.9 g/t
RC P2G73 3.0 m at 9.5 g/t includes 1.5 m at 16.4 g/t
RC P2H101 3.0 m at 9.0 g/t
Core P3B03 2.6 m at 14.2 g/t includes 0.9 m at 30.6 g/t
Mike Maslowski, Vice President of Technical Services and Exploration of Sabre Gold stated: “Drilling results continue to confirm the high gold and thickness continuity alone strike and dip for these areas. The results also indicate strong potential for the D Zone to extend further north than previously anticipated. New drill platforms developed further north than any existing underground access is required and being designed to provide proper drill angles to define the northern extents of the D Zone. This phase of drilling is complete and will now be used to develop initial detailed mine plans for these areas.”
Assay results for the underground drill program have been received on the final holes from the 2021 drill program. Holes were drilled from eight drill stations targeting the D zone and two stations targeting the C Zone.
The results on the final holes from various drill stations in Panel 2 of the D zone continued to show the high-grade gold continuity across the shear zone with the drill holes spaced 6 to 8 meters apart. Drill station location and drill cross sections showing the drill holes follow in this release...."
https://www.kitco.com/news/2022-03-31/Gold-up-as-traders-buy-the-early-dip-U-S-jobs-data-looms.html
"... Gold prices are modestly higher in midday U.S. trading Thursday, as the bulls stepped in to buy the early slight dip in prices. Oil prices pushing well up from their daily lows after trading sharply down early on also supported the metals markets. Now, the marketplace awaits what is arguably the most important U.S. data point of the month on Friday morning. April gold futures were last up $6.60 at $1,940.30 and May Comex silver was last down $0.073 at $25.04 an ounce.
https://www.sabre.gold/sabre-gold-drills-4-6-metres-of-16-9-g-t-gold-strengthens-management-team/
SABRE GOLD MINES CORP. (FORMERLY ARIZONA GOLD CORP.) JUST FILED A NEW SEDAR DOCUMENT: AUDITED ANNUAL FINANCIAL STATEMENTS - ENGLISH HTTPS://CEO.CA/CONTENT/SEDAR/SGLD-20220329-AUDITED-ANNUAL-FINANCIAL-STATEMENTS-ENGLISH-01F2.PDF
https://www.kitco.com/news/2022-03-29/Gold-price-volatile-as-key-section-of-U-S-yield-curve-inverts-Russia-promises-to-de-escalate.html
“… Gold prices plunged after Russia-Ukraine peace talks yielded some progress. For a moment, it looked like the biggest geopolitical risk could be poised for a major de-escalation and the safe-haven trade was quickly abandoned," said OANDA senior market analyst Edward Moya.
Russia pledged on Tuesday to curb its attacks on Ukraine, specifically around the capital Kyiv and Chernihiv. The statement comes after Russia-Ukraine talks in Istanbul.…”
yeah---I seen it-----
its no big deal
“… Sabre Gold Mines makes Top Gold Intercepts of the week...
🇨🇦 Weekly #gold intercept highlights #TSX pic.twitter.com/832tmioqAq
— MinerDeck (@MinerDeck) March 25, 2022
SABRE GOLD DRILLS 74.1 G/T GOLD
March 24, 2022
Vancouver, British Columbia, Canada – March 24, 2022 – Sabre Gold Mines Corp. (TSX: SGLD, OTCQB: SGLDF) (“Sabre Gold” or the “Company”) is pleased to announce continued positive underground drilling results at its 100% owned Copperstone gold project located in Arizona, United States.
Mike Maslowski, Vice President of Technical Services and Exploration of Sabre Gold stated: “Results from what was known as the northern edge of the D zone continue to return high grade gold intercepts. The gold grades and continuity of the intercepts indicates the D Zone may extend further north. We are planning future underground development to establish additional drill stations to the north to test for the extension of this zone.”
Drilling Highlights Include:
RC P2F95 10.7 m at 14.3 g/t includes 1.5 m at 74.1 g/t
RC P2F61 3.0 m at 12.0 g/t includes 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
Assay results for the underground reverse circulation (“RC”) drill program have been received on 80 out of the 83 RC holes sampled and submitted with further assays results pending. Holes were drilled from eight drill stations targeting the D zone and two stations targeting the C Zone.
Results reported in this release are from holes drilled along the known northern edge of the D Zone. Intercept values from this round of assays match the earlier results and continue to be high grade and carry across the modeled geologic zone. Drill station location and drill cross sections showing the drill holes follow in this release.
Table 1: Underground RC Drilling
Drill Hole From
(meters) To
(meters) Length
Interval Au
Gram/tonne True Thickness2
P2F95
includes 15.2
22.9 25.9
24.4 10.7
1.5 14.3
74.1 5.5
0.8
P2F61
includes 7.6
9.1 10.6
10.6 3.0
1.5 12.0
19.6 2.9
1.4
P2E50 15.2 16.7 1.5 17.1 1.2
P2F64 9.1 10.6 1.5 9.5 1.2
(1) Au grades herein are reported as uncapped values.
(2) Estimated perpendicular distance between footwall and hanging wall of the mineralized interval.
https://www.sabre.gold/sabre-gold-drills-74-1-g-t-gold/
"... Colin Cieszynski, chief market strategist at SIA Wealth Management, said that Russia still has some allies in the East that could buy its gold; however, he added that all the economic sanctions being piled on to Russia raises questions about the future of the western financial system, and the U.S. dollar's status as a reserve currency.
"The U.S. keeps restricting Russia's access to global financial markets, so broader questions are being asked about alternative currencies and cryptocurrencies," he said. "Gold competes with the U.S. dollar as a global currency."
Cieszynski said that the sanctions on Russia could prompt other nations to reduce their exposure to the U.S. dollar and gold is the most attractive alternative.
Cieszynski said he is bullish on gold as Russia's war with Ukraine creates an uncertain environment for the global economy, driving safe-haven demand for the precious metal.
"Even if Russia sells its gold to China or another country, I think gold remains well supported," he said. "All this uncertainty will keep an underlying tailwind under gold."
https://www.kitco.com/news/2022-03-25/Western-Nations-ban-gold-transactions-with-Russia.html
Sabre Gold Mines Drills 74.1 g/t Gold in Arizona
".... Mike Maslowski, Vice President of Technical Services and Exploration of Sabre Gold stated: “Results from what was known as the northern edge of the D zone continue to return high grade gold intercepts. The gold grades and continuity of the intercepts indicates the D Zone may extend further north. We are planning future underground development to establish additional drill stations to the north to test for the extension of this zone.”
Drilling Highlights Include:
RC P2F95 10.7 m at 14.3 g/t includes 1.5 m at 74.1 g/t
RC P2F61 3.0 m at 12.0 g/t includes 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
Assay results for the underground reverse circulation (“RC”) drill program have been received on 80 out of the 83 RC holes sampled and submitted with further assays results pending. Holes were drilled from eight drill stations targeting the D zone and two stations targeting the C Zone.
Results reported in this release are from holes drilled along the known northern edge of the D Zone. Intercept values from this round of assays match the earlier results and continue to be high grade and carry across the modeled geologic zone. Drill station location and drill cross sections showing the drill holes follow in this release.
https://www.globenewswire.com/news-release/2022/03/24/2409261/0/en/Sabre-Gold-Drills-74-1-g-t-Gold.html
Investors at Sabre Gold Mines needed some positive news !
".... "This mounting stagflation fear, coupled with strong safe haven in-flows, have now taken over as the dominant drivers for gold price, muting the negative impact from the anticipated rate hikes from the U.S. Federal Reserve," said UOB head of markets strategy Heng Koon How.
Two weeks ago, gold made a run for record highs, testing the $2,070 an ounce area. The move came after the U.S. announced additional sanctions against Russia, including an oil import ban.
"Amidst the ongoing rally in energy and commodities prices since the onset of Russia's invasion of Ukraine, there is a mounting stagflation fear amongst global investors," Heng said.
Investors are also more inclined to allocate more towards gold. Increased demand for gold has been in the form of both ETFs and physical, the report noted.
"There are renewed in-flows to gold ETFs. Purchases of gold jewellery from individual investors will likely intensify alongside global central bank diversification of their reserves into gold," Heng wrote. "Prior to Russia's invasion of Ukraine, gold was trading at about $1,900. In line with this latest round of strength in gold price, there was a clear return of in-flows to gold ETFs. This renewed in-flows to gold ETFs is likely the return of safe-haven buying into gold."
There will also be more demand from central banks, the report added. "Various central banks, particularly in the Emerging Market space, continue to diversify their reserve holdings into gold. It is likely that this onset renewed geopolitical risk due to the Russia-Ukraine conflict will reinforce this diversification trend."
https://www.kitco.com/news/2022-03-23/Gold-price-to-end-the-year-at-2-200-as-stagflation-fears-take-hold-says-UOB.html
who cares ??? am not trading till it gets to the 8 -10 cent level
Heavy Volume ASK & Price is DOWN over 1 million shares traded
$0.06-0.005 | -7.69% Bid: 0.06 x 150000 Ask: 0.065 x 380000 Volume: 582,083
CAD TORONTO STOCK EXCHANGE DELAYED PRICE MARKET CLOSED MARCH 22, 2022 11:07 AM
$0.0516-0.0034 | -6.18% VOLUME: 550,633 US DOTCQB - U.S. REGISTERED DELAYED PRICE MARKET CLOSED MARCH 22, 2022 3:42 PM
THE FACT THAT THE GENERAL MANAGER DAVID THOMAS HAS LEFT SABRE GOLD MINES JUST PRIOR TO PROBABLE GOLD PRODUCTION IN Q4 2022 DOES NOT BODE WELL!!!
WHAT IS ACTUALLY GOING ON OR NOT HAPPENING?
https://stockhouse.com/companies/bullboard/t.sgld/sabre-gold-mines-corp?postid=34535849
https://stockhouse.com/companies/bullboard/t.sgld/sabre-gold-mines-corp?postid=34521433
volume--but still 2-bit low bidders and shakers
so now Dave is really on the LAM
Great News regarding the Coffee Mine !
"... Mr. David Thomas most recently served as the Vice President of Projects and Mine General Manager at Sabre Gold Corp., Inc., where he was instrumental in project permitting and engineering. Over his career, Mr. Thomas has worked in senior executive roles with producers including Newmont Gold Mining Corp., Nordgold, and Comstock Mining Inc. Mr. Thomas has also played several vital executive roles in the USA and abroad developing energy projects...."
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1455-tsx/lam/117778-laramide-resources-names-general-manager-to-lead-us-operations.html
Wishing David the best his level of expertise will be missed ...
Both Sabre Gold Mines Management & the Yukon government need to be on more cordial terms…
BTW, what idiot would take the Yukon government to court?
https://www.cbc.ca/news/canada/north/yukon-government-golden-predator-defence-1.6363200
“… Golden Predator Mining Corporation and then-CEO Janet Lee-Sheriff sued the government and now-former chief mine engineer Paul Christman in May 2021 over alleged confrontations that took place during the 2020 Vancouver Resource Investment Conference.
The statement of claim alleges Christman interrupted a presentation by Lee-Sheriff and then confronted her and her husband at Golden Predator's booth over the validity of the company's water licence for its Brewery Creek mine, in the Dawson City area.
The confrontations, the lawsuit claims, happened in front of other conference attendees and damaged both Golden Predator and Lee-Sheriff's reputations.
Golden Predator has since been acquired by Sabre Gold Mines Corp. Lee-Sheriff now serves as an advisor for the company.
In its statement of defence, filed to the Supreme Court of British Columbia on Feb. 16, the Yukon government argued that any of Christman's alleged statements, if they were actually said, "were not capable of being defamatory, and were not in fact defamatory, as alleged or at all."…”
things are opening up in the Yukon----today the media reported that the ''COFFEE '' mine was bent on being built ., for many millions of dollars
"... Sabre Gold (SGLD.T) updates shareholders on company objectives and milestones
Plus Many Million Ounce Resource Potential
(1) Copperstone Zone = 1 million au oz potential
(2) Footwall Zone: 150m from the Copperstone Zone
(3) Deep South & South Pit : Intercepts of +8 g/t
(4) South-West Targets Has same geophysical signature as Copperstone zone and intercepts of 8 to 32 g/t = 1 million au oz potential & is as large as the Copperstone mine
(5) Blue Pearl Targets Three Targets of same geophysical signature and size as Copperstone orebody
= 3 million au oz potential
Several Advanced High Priority Exploration Targets having plus million-ounce potential have yet to be drill tested
https://www.sabre.gold/sabre-gold/Sabre_Gold_Mines_Corp_Presentation_January_2022.pdf
This adds up to a very conservative
= 5 million high grade au oz potential
"... The four areas are the Southwest Target and Blue Pearl Targets 1, 2 and 3. Not only are the Blue Pearl Targets similar in magnetic signature to Copperstone, they are also similar to the Southwest Target which has had successful drill results in the past.
The additional permitted land is necessary to allow the Company to explore the Blue Pearl areas. Blue Pearl 1 and a portion of Blue Pearl 2 are located on State Sections 6 and 7 in Township 6N, Range 19W of La Paz County in Arizona.
"The addition of the area covering the new exploration targets enhances an entirely new dimension to the strategy of fully realizing the potential of the Copperstone Project. The Copperstone Zone, the Southwest Target and Footwall Target are the short to medium term aspects of the Copperstone Project and soon, with the addition of the Blue Pearl targets, we have a longer term avenue of value creation,"..."
https://www.newswire.ca/news-releases/kerr-mines-announces-new-exploration-targets-at-copperstone-project-651228623.html
You do the math 5 million au oz x $1,800 gold price = $9,000,000,000 - $5,000,000,000 costs
Profit = $4,000,000,000
that's $4 trillion usd
Now we know why Eric Sprott
is there number 1 investor and
why he has not dumped his
Sabre Gold Mines shares...
« … SABRE GOLD DRILLS 4.6 METERS AT 26.9 G/T GOLD
March 1, 2022
Vancouver, British Columbia, Canada – March 1, 2022 – Sabre Gold Mines Corp. (TSX: SGLD, OTCQB: SGLDF) (“Sabre Gold” or the “Company”) is pleased to announce continued positive underground drilling results at its 100% owned Copperstone gold project located in Arizona, United States.
Mike Maslowski, Vice President of Technical Services and Exploration of Sabre Gold stated: “We have now received further assays which continue to show better than expected continuity of the mineralized shear zone with extremely positive grades that will prove helpful as we moved to mine design and scheduling”
Drilling Highlights Include:
RC P6F58 4.6 m at 26.9 g/t including 3.0 m at 38.5 g/t
RC P2E93 6.0 m at 15.5 g/t including 3.0 m at 26.5 g/t
RC P2C26 3.0 m at 19.7 g/t
RC P2A06 3.0 m at 18.6 g/t
RC P2C34 3.0 m at 19.7 g/t
RC P2C29 3.0 m at 15.0 g/t
Assay results for the underground reverse circulation (“RC”) drill program have been received on 67 out of the 83 RC holes sampled and submitted with further assays results pending.
Holes were drilled from eight drill stations targeting the D zone and two stations targeting the C Zone. Complete results have been received on two stations for the Zone D and partial results on the remainder. The results continue to show good strike and dip continuity of the zones thickness and gold grade. As anticipated, local high-grade intercepts ranging from 10.0 g/t to 30.0 g/t gold have been returned from various holes across the drill fans. Drill station location and drill cross sections showing the drill holes follow in this release.
https://www.sabre.gold/sabre-gold-drills-4-6-meters-at-26-9-g-t-gold/
am seeing better news------like 26 gr in 1 metre at copperstone----thats like $1500.00 right there....just needs to be melted down
POS - Biggest mistake I have made in stocks. Down 80% while holding for over four years. Stray away from this stock. Absolute worthless company.
yukon mining engineer claims false accusation
those investor conferences were a waste of time and money---the drunks got free booze
"... Yukon Government stands by former mine engineer in slander suit defence
The suit was launched by a mining firm executive who claims Paul Christman defamed her at conference..."
"... Yukon government lawyers are endorsing former chief mine engineer Paul Christman regarding a verbal altercation between him and a mining executive that the executive alleges amounts to slander.
The government filed their statement of defence responding to a slander suit on Feb. 16. The government and Christman are both defendants.
Janet Lee Sheriff, who was CEO of Golden Predator Mining Corp at the time of the alleged slander, launched the suit in the Supreme Court of British Columbia last year...."
https://www.yukon-news.com/news/yukon-government-stands-by-former-mine-engineer-in-slander-suit-defence/
https://www.cbc.ca/news/canada/north/christman-brewery-creek-lawsuit-dismissed-1.6237456
Even when Sabre Gold Mines wins this Defamation Case and are awarded some measly sum; I doubt any Yukon government employee will want to deal with Sabre Gold Mines... or go near their Brewery Creek Mine in the Yukon....
This should have been settled out of court!
Many further delays are almost guaranteed with any of their Yukon projects....
Frustrating for everyone involved!
BTW, how is Sabre Gold Mines actually progressing if at all in the Yukon with the Brewery Creek Mine etc...?
What a LEGAL costly & time consuming mess!
"...Yukon government files defence in defamation case over alleged confrontations at Vancouver mining conference..."
https://www.cbc.ca/news/canada/north/yukon-government-golden-predator-defence-1.6363200
The Yukon government and Sabre Gold Mines have to start communicating professionally and properly and work on actually getting Brewery Creek Mines back into gold production... This feuding has gone on far too long...
This should have been easily settled out of court....
"... Sabre Gold’s two advanced projects have approximately
1.5 million ounces gold in the Measured and Indicated categories, and approximately 1.2 million ounces gold in the Inferred category. Additionally, both Copperstone and Brewery Creek have considerable exploration upside with a combined land package of over 230 square kilometers that will be further drill tested with high-priority targets currently identified. Sabre Gold is led by an experienced team of mining professionals with backgrounds in exploration, mine building and operations.
For further information please visit the Sabre Gold Mines Corp.
website https://www.sabre.gold/sabre-gold-provides-copperstone-project-update/
2,700,000 au oz x $1,900 gold price = $5,130,000,000
$5,130,000,000 - $3,000,000,000 all in costs = $2 billion usd
"... Giulio T. Bonifacio, President and Chief Executive Officer of Sabre Gold, stated: "Sabre Gold continues to make significant progress at Copperstone in preparation of startup with progression to full production in the near term which now only remains subject to project funding. Definition drilling and results to date are continuing to show very good grade and continuity while adding further confidence to our updated geological model and our detailed mine plan. Estimated project capital for the restart of Copperstone remains in line with previous estimates as we continue to advance discussions with project lenders as well as other key stakeholders with an update on project funding to be provided in Q2-2022"
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1254-tsx/sgld/116358-sabre-gold-provides-copperstone-project-update.html
COPPERSTONE MINE UPDATE
In addition to the recently completed definition drilling at Copperstone, significant progress has been made with detailed mine planning, process engineering and mine-rehabilitation. These efforts are a continuation of earlier work completed to prepare the fully permitted mine for start-up and progression to full production.
A comprehensive detailed mine plan and production schedule was completed by Mine Development Associates in Reno, Nevada that defines stopes and production areas for the initial five years of mine-life. In addition, all capital and operating expenses were reviewed by way of further detailed engineering and have been incorporated into an updated discounted cashflow model. 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.
Due to limitations of underground development, drilling platforms and the geometry of the gold bearing shear zones Sabre intends to drill several years in advance as it advances underground development ahead of the underground mining areas. Years 5 to 13 are scheduled to produce from areas that currently have inferred resources and yet un-delineated extensions of the existing resources. The cash flow model includes the required excavation of drill platforms as operational headings advance and the associated drilling required to identify, confirm and define mineable areas. Updated capital and operating expenses were reviewed and incorporated into a discounted cashflow model.
Further engineering and refinement were completed on the processing facility that will incorporate a Whole Ore Leach process followed by Merrill-Crowe recovery and onsite refining. Plant lay-out and flowsheets with associated capital and operating cost estimates were completed. Engineering is estimated at 60% completion with flowsheets and plant lay-out complete. Concurrently, metallurgical testing is in final stages, indicating excellent gold recovery. Final metallurgical tests will provide data to confirm the equipment sizing and operating costs.
Mine rehabilitation continued with significant progress made in the majority of areas that will be mined in the first several years of mine life. Small Mines Development have been engaged and are nearing completion of 1,674 linear feet of rehabilitation that included robust ground support and enhancement of mine dewatering systems. The rehabilitation completes a series of efforts to ensure safety standards and readiness for full scale mining production.
The technical information in this news release has been reviewed and approved by Michael Maslowski, CPG, a qualified person as defined by National Instrument 43-101 and is employed by the company as its Vice President, Technical Services & Exploration...."
https://www.stockwatch.com/News/Item/Z-C!SGLD-3210987/C/SGLD
GREAT UPDATE !https://finance.yahoo.com/news/sabre-gold-provides-copperstone-project-130000560.html
just missed the rally today--- the shirts loose
marketsclosed on monday---------have a good weekend and monday
cdn natnl bk teamed up with anonymous to fake high trades
A baby stock'''''''''''''''
wanting to be one of the big ones
I've been in this for 2 years based on great drilling results. BUT WHY ARE THEY NOT DIGGING YET AND MAKING MONEY. STOCK PRICE IS LESS THAN HALF WHAT I PAID.
Bonifacio Complains about the stock price but does little to start producing money. With Ore that rich and licensed facilities on site why not start mining even in a limited way?????????
Sabre Gold Drills 3 Meters at 21.6 g/t Gold
"... Sabre Gold Mines Corp. (TSX: SGLD, OTCQB: SGLDF) (“Sabre Gold” or the “Company”) is pleased to announce positive underground drilling results at its 100% owned Copperstone gold project located in Arizona, United States.
Mike Maslowski, Vice President of Technical Services and Exploration of Sabre Gold stated: “The initial assay results from our in-fill drill program, designed to provide detailed geologic information for final stope planning and design have been received. Drill results are showing very good continuity of the mineralized shear zone and gold grades while adding further confidence to our resource model and detailed mine plan.”
Drilling Highlights Include:
RC P2C33
6.0 m at 13.4 g/t including 3.0 m at 21.6 g/t
RC P2C38
4.5 m at 14.5 g/t including 3.0 m at 20.7 g/t
Core P2C04C
8.1 m at 8.5 g/t including 0.7 m at 48.8 g/t
Core P2C03C
4.6 m at 10.3 g/t including 0.8 m at 39.5 g/t
RC P2D84
12.2 m at 8.0 g/t
RC P2B17
1.5 m at 16.5 g/t
The underground core and reverse circulation (“RC”) drill programs, conducted in two phases is now completed with further assays pending. Core drilling was conducted in 2021 and previously reported. The RC drilling was conducted during the period October to December with partial assays results having been received. The RC program consisted of 85 holes for a total of 3,004 meters. The core and RC drilling targeted both the C and D Zones where the initial mining at Copperstone is scheduled to commence. Drill holes were designed to drill sections of the planned mining areas at close spacings of approximately 6.5 meters along strike and dip to provide detailed data on grade and thickness distributions. A portion of the program also included holes testing local downdip projections and local strike projections.
The RC drilling program included in-filling a large gap on the northeast down dip projection of the D Zone. Two previous holes, drilled in 2019 and spring 2021, intercepted the shear zone at low angles and encountered elevated gold grades about 40 meters down dip of where the recent drilling was targeted. Assays have been received from drill holes P2D84 and P2D46, which intercepted 12.2 m at 8.0 g/t and 4.6 m at 5.7 g/t respectively. These holes are confirming the continuity of mineralization along dip near the northeastern drilled limits of the D Zone. The current underground drill platforms in this area are at their limit to further test the down dip limits but once drill platforms can be established additional drilling will be conducted to further define the down dip extent of this zone.
Partial results have been received on two other drill fans on the D Zone located more central to the zone, Station B and Station C. The results show the drill holes are intercepting the projected shear zones near the modeled locations and are showing good structural continuity along the dip and extending the zone down dip. The assay results are confirming model gold grades and are defining grade distributions to provide details for detailed stope design and mine planning. Drill station location and drill cross sections showing the drill holes follow in this release.
Sabre is encouraged by the initial assay results from this latest round of drilling. Overall drill results from this latest round of RC drilling are correlating with the previous core drilling assays which will help confirm ore delineation and ore control methodology.
Table 1: Underground Core and RC Drilling
Drill Hole From
(meters) To
(meters) Length
Interval Au
Gram/tonne True
Thickness2
P2C31 22.9 25.9 3.0 12.3 2.2
P2C33
includes 10.7
12.2 16.7
15.2 6.0
3.0 13.4
21.6 5.8
2.8
P2C37
includes 18.3
18.3 24.3
21.3 6.0
3.0 10.1
18.0 4.0
1.9
P2C38
includes 15.2
15.2 19.7
18.2 4.5
3.0 14.5
20.7 3.2
2.3
P2C39 13.7 16.7 3.0 7.3 2.8
P2C03C
includes 17.2
18.0 21.8
18.8 4.6
0.8 10.3
39.5 3.3
0.6
P2C04C
includes 12.3
12.3 20.4
13.0 8.1
0.7 8.5
48.8 7.6
0.6
P2B15 29.0 32.0 3.0 4.8 1.3
P2D84 22.9 35.1 12.2 8.0 9.5
P2D46 22.9 27.5 4.6 5.7 4.4
P2B16 19.8 21.3 1.5 2.0 0.9
P2B17 15.2 16.8 1.5 16.5 1.2
P2B18 12.2 15.2 3.0 5.5 2.9
P2B19 12.2 16.8 4.6 3.1 4.5
P2B78 15.2 18.2 3.0 4.0 3.0
(1) Au grades herein are reported as uncapped values.
(2) Estimated perpendicular distance between footwall and hanging wall of the mineralized interval.
Figures accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/23ca0bf3-1ba8-4e6f-82f5-f4d69c86f541
https://www.globenewswire.com/NewsRoom/AttachmentNg/59498f07-7fb7-4d7a-9bfd-e4017c437451
https://www.globenewswire.com/NewsRoom/AttachmentNg/3dc223cf-7f15-4620-8fc7-373479e191a0
The technical information in this news release has been reviewed and approved by Michael Maslowski, CPG, a qualified person as defined by National Instrument 43-101 and is employed by the company as its Vice President, Technical Services & Exploration.
Quality Assurance and Quality Control Statement
Procedures have been implemented to assure Quality Assurance Quality Control (QAQC) of drill hole assaying being done at an ISO Accredited assay laboratory. Drill hole samples to be assayed are securely stored for shipment, with chain of custody documentation through delivery. Mineralized commercial reference standards or blank standards are inserted approximately every 20th sample in sequence and results are assessed to ascertain acceptable limits for analytical variance. Duplicate samples will also be taken as a further check in lab precision and accuracy. All results will be analyzed for consistency and corrective actions taken, if needed.
ABOUT SABRE GOLD MINES CORP
Sabre Gold is a diversified, multi-asset near-term gold producer in North America which holds 100-per-cent ownership of both the fully permitted Copperstone gold mine located in Arizona, United States, 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. Sabre Gold also holds other investments and projects at varying stages of development.
Sabre Gold’s two advanced projects have approximately 1.5 million ounces gold in the Measured and Indicated categories, and approximately 1.2 million ounces gold in the Inferred category. Additionally, both Copperstone and Brewery Creek have considerable exploration upside with a combined land package of over 230 square kilometers that will be further drill tested with high-priority targets currently identified. Sabre Gold is led by an experienced team of mining professionals with backgrounds in exploration, mine building and operations.
For further information please visit the Sabre Gold Mines Corp. website (www.sabre.gold).
Cautionary Note Regarding Forward Looking Statements
This news release contains forward-looking information under Canadian securities legislation including statements regarding drill results, potential mineralization, potential expansion and upgrade of mineral resources and current expectations on future exploration and development plans. These forward-looking statements entail various risks and uncertainties that could cause actual results to differ materially from those reflected in these forward-looking statements. Such statements are based on current expectations, are subject to a number of uncertainties and risks, and actual results may differ materially from those contained in such statements. These uncertainties and risks include, but are not limited to: the strength of the Canadian economy; the price of gold; operational, funding, and liquidity risks; reliance on third parties, exploration risk, failure to upgrade resources, the degree to which mineral resource and reserve estimates are reflective of actual mineral resources and reserves; the degree to which factors which would make a mineral deposit commercially viable are present, and the risks and hazards associated with underground operations and other risks involved in the mineral exploration and development industry. Risks and uncertainties about Sabre Gold’s business are more fully discussed in the Company’s disclosure materials, including its annual information form and MD&A, filed with the securities regulatory authorities in Canada and available at www.sedar.com and readers are urged to read these materials. Sabre Gold assumes no obligation to update any forward-looking statement or to update the reasons why actual results could differ from such statements unless required by law.
For further information please contact:
Sabre Gold Mines Corp.
Giulio Bonifacio
President & Chief Executive Officer
gtbonifacio@sabre.gold
https://www.globenewswire.com/news-release/2022/02/15/2385057/0/en/Sabre-Gold-Drills-3-Meters-at-21-6-g-t-Gold.html
DEAD MONEY ISSUE
who is trashing this mining duo
is the big selloff due to that
or is it that all miners are trading now
What a mess! I do think Former chief mine engineer Paul Christman was totally in the wrong but this should have been politely settled in 2020 and NOT dragged through the courts. He should have never very publicly and verbally abused Golden Predator CEO Janet Lee-Sheriff and her husband in 2020... & Brewery Creek's latest PEA shows that his opinions were wrong! https://www.globenewswire.com/news-release/2022/01/28/2375205/0/en/Sabre-Gold-Files-Brewery-Creek-Preliminary-Economic-Assessment.html
https://www.yukon-news.com/news/response-to-slander-lawsuit-against-former-yukon-mine-engineer-filed/
"... A lawsuit against the Yukon government alleges officials ignored an engineer's assessment of Golden Predator's Dawson-area Brewery Creek project, reducing the recommended financial security of $12 million to just $1 million.
But Golden Predator is firing back with its own legal action, claiming the engineer made defamatory statements about the company and its CEO during a mining conference in 2020.
Former chief mine engineer Paul Christman filed a statement of claim against Yukon's Department of Energy, Mines and Resources (EMR) on April 21, alleging he was professionally punished after raising concerns about the Golden Predator file. He's seeking damages for breach of employment contract, punitive damages and legal costs.
EMR spokesperson Sue Thomas declined comment on the lawsuit.
Golden Predator CEO Janet Lee-Sheriff also declined to comment on Christman's lawsuit. The company is not named as a defendant but is heavily referenced throughout the statement of claim.
Golden Predator and Lee-Sheriff, however, filed their own lawsuit with the B.C. Supreme Court on May 14, claiming that Christman, in his role as a Yukon government employee, "falsely and maliciously" made statements about them during the Vancouver Resource Investment Conference, commonly referred to as "Roundup." They're seeking damages, and for the government to launch an independent review on Christman's influence on any Golden Predator files.
Neither case has gone to trial yet...." Hmmm...!
"... Golden Predator's lawsuit offers a different view of the "incident," alleging that Christman "loudly and publicly" called Lee-Sheriff a "liar" when she stated in a presentation that her company held valid quartz mining and water licenses for Brewery Creek.
Lee-Sheriff, according to her claim, invited Christman over to Golden Predator's conference booth to address his concerns but Christman allegedly "yelled at and publicly berated" her over the water licence, and when she walked away, made "sexist and gendered statements" to Sheriff, including telling him to get his wife "under control."
On the second-last day of Roundup, Christman anonymously reported Golden Predator to the British Columbia Securities Commission, his lawsuit says; the next day, the company threatened a defamation suit against him for the "incident," and also demanded he be removed from all Golden Predator files.
The "incident" and threat of legal action led EMR to launch an investigation, according to Christman's statement of claim, with his director removing him from Golden Predator files.
Christman eventually left the department to work for the Yukon Workers' Compensation Health and Safety Board, the lawsuit says, taking a pay cut in the process. He also alleges he was the victim of a "retaliatory" complaint from the Public Service Commissioner after he started his new position.
Golden Predator and Lee-Sheriff, meanwhile, allege that Christman's conduct at Roundup damaged their reputations and while they emailed Christman inviting him to issue an apology on Jan. 22, 2020, he has yet to do so. ..."
I do think this legal mess will significantly slow Brewery Creek going into commercial gold production! How unfortunate for everyone involved... I just hope the ugly conversations in 2020 were recorded?
How is Sabre Gold Mines going to pay https://emr-ftp.gov.yk.ca/emrweb/COMM/major-mines/brewery-creek/mml-brewery-creek-financial-security-determination-letter.pdf this month... Imagine if they had to pay $12 million?
does anybody know any good clean confucios-says jokes?
Sabre Gold Mines CEO Giulio Bonifacio talks to GSN about Yukon Cash Costs, Heap Leach Extraction and SGLD Insider Buying..."
https://www.thenewswire.com/press-releases/1Be9FOxEq-sabre-gold-mines-ceo-giulio-bonifacio-talks-to-gsn-about-yukon-cash-costs-heap-leach-extraction-and-sgld-insider-buying.html
"... February 4, 2022 – TheNewswire - Sabre Gold Mines’ (TSX:SGLD) (OTC:SGLDF) CEO Giulio Bonifacio recently spoke with Global Stocks News about the Preliminary Economic Assessment (PEA) for the former Yukon gold mine Brewery Creek, targeted for a near-term re-start.
Gold prices are currently hovering around USD $1,800 an ounce, with the Bitcoin crowd declaring the yellow metal is a ‘horse and buggy’, and Goldman Sachs calling for $2,000/ounce gold in the short term.
In the west, we view gold as a hedge against currency debasement, but in the east it has a cultural and historical context.
“India is one of the largest markets for gold, and growing affluence is driving growth in demand,” stated the World Gold Council, “Gold has a central role in the country’s culture, considered a store of value, a symbol of wealth and status and a fundamental part of many rituals.”
As Bonifacio explains in the GSN interview, a $200/ounce rise in the price of gold, radically changes the economics of the Brewery Creek Mine.
Probably all the principals and insiders are spending the winter in Palm Desert, and the bucket shops are having a field day ---playing with the shares
SABRE GOLD MINES CORP. Corporate Presentation February 2022
Further delays help explain why this stock continues to plummet unfortunately....
They are only slight delays but there have been too many over the decade regarding both Copperstone & Brewery Creek...
https://www.sabre.gold/sabre-gold/Sabre_Gold_Mines_Corp_Presentation_January_2022.pdf
"...Copperstone Project Timeline
DESCRIPTION
Resource Expansion - Resource Update
H1-2021 Infill & Delineation Panel Drilling
H2-2021 Detailed Engineering & Planning
Q1-2022 Metallurgical Testwork/Engineering
Q2-2022 Plant Refurbishment/Engineering/WOL Construction
Q3-2022 Pre-Produciton Development & Mine Development
Q4-2022 Start WOL Plant/ Commence Production
Q1-2023 Commercial Production *
* Production Start and Project Timeline are Subject to Delivery of Lead Order Items, Detailed Engineering (See Slide 11) and Project Capital for restart..."
When is Copperstone actually going to produce GOLD 2023?
SABRE GOLD MINES CORP. Corporate Presentation February 2022
Further delays help explain why this stock continues to plummet unfortunately....
They are only slight delays but there have been too many over the decade regarding both Copperstone & Brewery Creek...
https://www.sabre.gold/sabre-gold/Sabre_Gold_Mines_Corp_Presentation_January_2022.pdf
"...Copperstone Project Timeline
DESCRIPTION
Resource Expansion - Resource Update
H1-2021 Infill & Delineation Panel Drilling
H2-2021 Detailed Engineering & Planning
Q1-2022 Metallurgical Testwork/Engineering
Q2-2022 Plant Refurbishment/Engineering/WOL Construction
Q3-2022 Pre-Produciton Development & Mine Development
Q4-2022 Start WOL Plant/ Commence Production
Q1-2023 Commercial Production *
* Production Start and Project Timeline are Subject to Delivery of Lead Order Items, Detailed Engineering (See Slide 11) and Project Capital for restart..."
When is Copperstone actually going to produce GOLD 2023?
What about DAWSON CITY GOLD MINE----Tourists spend money gambling at DIAMOND TOOTH GURTIES
Copperstone GOLD Mine is starting to hire in Arizona!
"... Sabre Gold Mines General Manager
Employer
Pray & Company
Location
USA, United States
Salary
Competitive
Closing date
Jan 22, 2022
Category
Management & Administration
Work Term
Permanent
Work Load
Full Time
Language
English
https://www.careermine.com/job/2035319/general-manager/
Job Description
The General Manager will be responsible for the operation of a start-up gold mining site, to include rehabilitation, construction and expansion. The successful candidate will provide the oversight necessary to successfully start up the mining operation and be responsible for safety and environmental stewardship. The successful candidate will be responsible for the operating and capital budget at the mine. The company takes a very proactive approach to safety and this role will have the opportunity to create a strong safety culture and employee engagement. Working with the executive team, the General Manager will be required to build the employee base, including those required to manage the key contracts, primarily mining. This position will be the face of the mine and will build relationships with the local community, regulatory officials, and governing bodies.
https://www.sabre.gold/
{"id":944690,"agency_id":3072,"job_type_id":9528,"job_status_id":6617,"job_category_ids":[256018],"title":"General Manager","salary":"175k/year - 225k/year","published":true,"candidate_count":36,"company_hidden":true,"company":{"id":55719025,"name":"Sabre Gold Mines Corp.","url":"https://www.sabre.gold/","hidden":false,"description":"\u003cp style=\"font-family: Arial;\"\u003eThe recently formed Sabre Gold Mines Corp. (formerly "Arizona Gold Corp") represents a business combination of Arizona Gold Corp. and Golden Predator Mining Corp.\u003c/p\u003e\u003cp style=\"font-family: Arial;\"\u003eSabre Gold is a diversified, multi asset near-term gold producer in North America which holds 100 per cent of the fully permitted Copperstone mine located in Arizona, United States and 100 per cent of the Brewery Creek mine located in Yukon, Canada both of which are former gold producers. Sabre Gold intends to restart production at Copperstone followed by Brewery Creek in the near term. Sabre Gold also holds other investments and projects at varying stages of development.\u003c/p\u003e\u003cp style=\"font-family: Arial;\"\u003eSabre Gold has approximately 1.1 million ounces of gold in the measured and indicated categories and approximately 1.5 million oz gold in the inferred category and a combined land package of over 230 square kilometers with considerable exploration upside that will be further drill tested\u0026nbsp;with high priority targets currently identified.\u003c/p\u003e\u003cp style=\"font-family: Arial;\"\u003eSabre Gold is led by an experienced team of mining professional with backgrounds in exploration, mine-building and operations.\
https://www.careermine.com/minisites/pray-and-company/
VANCOUVER, British Columbia, Jan. 28, 2022 (GLOBE NEWSWIRE) -- Sabre Gold Mines Corp. (TSX: SGLD, OTCQB: SGLDF) (“Sabre Gold” or the “Company”) has filed on SEDAR an independent technical report prepared in accordance with National Instrument 43-101 supporting the result of a Preliminary Economic Assessment (“PEA”) at its 100%-owned Brewery Creek gold project located in Yukon Territory, Canada. The summary results of the PEA were reported in the Company’s news release dated January 18, 2022, and there are no material differences in the report from those results.
PEA Highlights:
After-tax NPV at 5% of $112 million at an Internal Rate of Return (“IRR”) of 27.6% at $1,700 per ounce gold increasing to $157 million at an IRR of 35.7% at $1,900 per ounce gold;
After-tax average annual cash flow of $36 million at $1,700 per ounce gold increasing to $44 million at $1,900 per ounce gold
Average Annual Production of 60,000 ounces per year for a total 473,000 ounces gold over an initial 8 year mine life;
Total cash cost of $850 per ounce and all-in sustaining cost (“AISC”) US$966 per ounce gold;
Pre-production capital costs of $105 million with life of mine sustaining costs of $18 million;
Payback period of 2.6 years at $1,700 per ounce gold;
Excellent expansion potential to extend mine life and annual production with three open prospective resource areas and several targets within a 182 square kilometers project boundary; and,
Lower technical and execution risk as a past brownfields producer with existing infrastructure and road access from previous mining operation.
https://www.globenewswire.com/news-release/2022/01/28/2375205/0/en/Sabre-Gold-Files-Brewery-Creek-Preliminary-Economic-Assessment.html
fair amount of volume---american money is downrated from SGLD CDM MM
Been in Dawson, Yukon as a tourist in April----things were just warming up there....after a bad winter
so why not start mining in Arizona where its nice and warm---- and dry ?
"... Sabre Gold Mines PEA delineates pathway to Yukon mine re-start, as CEO purchases shares on the open market..."
"January 24, 2020 – Global Stocks News - On January 18, 2022 Sabre Gold Mines (TSX: SGLD) (OTCQB: SGLDF) published a Preliminary Economic Assessment (PEA) for the former Yukon gold mine Brewery Creek, targeted for a near-term re-start.
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.
Sabre Gold has approximately 1.5 million ounces gold in the Measured and Indicated categories, and approximately 1.2 million ounces gold in the Inferred category.
Based on January 18, 2022 market cap of CND $44 million, the SGLD gold-in-the-ground (Measured/Indicated/Inferred) is valued at less than USD$12/ounce on two brownfield former producing gold mines.
https://www.thenewswire.com/press-releases/1BQPF9W90-sabre-gold-mines-pea-delineates-pathway-to-yukon-mine-re-start-as-ceo-purchases-shares-on-the-open-market.html
Barrick just reported 4 million oz. gold 1 year production
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The company’s current focus is on maximizing Copperstone’s potential by defining and expanding current resources and further optimizing the mine’s economics for purposes of the restart of gold production in Q4-2023 as a result of the recent project funding transaction entered into with Star Royalties Ltd.
https://www.sabre.gold/
https://starroyalties.com/ is providing financing etc!
https://www.globenewswire.com/news-release/2021/09/02/2291227/0/en/Sabre-Gold-Completes-Acquisition-of-Golden-Predator.html
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1254-tsx-venture/gpy/112374-sabre-gold-announces-32-increase-to-measured-indicated-resource-at-brewery-creek.html
https://www.globenewswire.com/news-release/2021/12/18/2354753/0/en/Sabre-Gold-Announces-Results-of-2021-Annual-and-Special-Meeting-of-Shareholders.html
https://emr-ftp.gov.yk.ca/emrweb/COMM/major-mines/brewery-creek/mml-brewery-creek-financial-security-determination-letter.pdf
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1254-tsx/sgld/114894-sabre-gold-files-brewery-creek-preliminary-economic-assessment.html
Mr. Bonifacio has over 30 years of experience in senior executive roles in the mining industry. Mr. Bonifacio is the Founder and former Director, President & CEO of Nevada Copper Corp. since its inception in 2005 until his retirement in February 2018. Among his many accomplishments Mr. Bonifacio has raised directly over $700 million through equity and project debt financings for projects of merit as well as being involved in corporate transactions aggregating in excess of a billion dollars. Mr. Bonifacio has led and directed efforts at every stage of development from exploration, development, permitting and construction.
Mr. Bonifacio is a Chartered Professional Accountant with extensive experience and knowledge of operations, capital markets, project finance and mergers & acquisitions. Mr. Bonifacio has held previous senior executive roles with Getty Resources Limited, TOTAL Energold Corp., an energy and gold producer and Vengold Inc., gold producer prior to founding Nevada Copper in 2005.
Mr. Tolbert is a mining engineer with more than 30 years of experience focused on underground operations and engineering. Mr. Tolbert has held various Mine Manager and General Manager positions with Hecla Mining and Klondex Mines Ltd. He was instrumental in moving Klondex’s Fire Creek Mine from an exploration stage project to an operating mine. While at Fire Creek Mr. Tolbert optimized mining operations by changing the mining method to better fit the narrow character of the ore. He led the transition from long-hole stoping to cut and fill and shrink stoping where he reduced costs by an average of 40% per ounce, increased production and reduced dilution, all maintaining a keen focus on safety with an exceptional safety record. Previous to working with Klondex, Mr. Tolbert worked at Newmont Mining for fourteen years starting as an underground miner before achieving his engineering degree and advancing to Superintendent for the Midas Mine and Vista Project. He holds Mining Engineering degree from the Haileybury School of Mines and is a certified Project Management Professional.
John Galassini is a mining operations executive with over 30 years of mining and processing experience in copper, gold, silver, and base metals. Recognized as a hands-on operations specialist, he has managed some of the world’s largest open-pit and underground mining and processing facilities. He also successfully led smaller single asset private undertakings requiring specialization in multiple roles. With expertise in change management, he has catalyzed $14.5B in revenue throughout his industry tenure. A tenacious business strategist with exceptional people management skills, John excels at leading operational excellence, innovative solution development, process improvement methodologies, and building collaborative relationships.
John began his career with Phelps Dodge as a shift supervisor, and subsequently became senior vice president of operations for North America, responsible for seven large mining operations and two smelters. He held roles as regional vice president – North America for Kinross Gold, chief operating officer for Sunshine Silver Mines, and senior vice president of Nyrstar mining. John has a track record of greenfield start-ups, brownfield expansions, and extensive process improvement and maintenance experience. He presided over $2 billion in potential expansion investments, improved fleet reliability and availability gains, and saved well over $100 million annually through Six Sigma best practices. he championed a revolutionary methodology via a $220M state-of-the-art production facility, and upgraded copper mining operations and reined in long-term production expenses. He is content rolling up his sleeves in the field, or presenting strategy and results in the Boardroom.
John holds a bachelor degree in chemical engineering from New Mexico State University and attended the Advanced Business Management Program at American Graduate School of International Management. He is a long-time member of the Society for Mining, Metallurgy, and Exploration and a member of the Dean’s Advisory Counsel of the College of Engineering at New Mexico State University. He is a distinguished alumnus from this institution.
Stefan Spears has over a decade of experience as a senior executive in the resource exploration and mining industry. He began his mining career at Goldcorp, and in 2005 joined McEwen Capital Corporation to focus on resource sector investments. In 2008 he joined McEwen Mining (TSX/NYSE:MUX) as a Vice President in charge of U.S. Projects. After successfully founding Coreprint Patterns Inc., an innovative sand casting pattern manufacturer whose repeat clients have included several multi-national corporations in the mining and industrial sectors, Mr. Spears rejoined McEwen Mining to address Special Projects with a focus on corporate development and to tackle technical challenges in operations. He has experience in gold exploration in Canada, USA and Mexico, and was involved in raising over C$500 million in equity capital for exploration and development projects. Mr. Spears holds a B.Sc. degree in civil engineering from Queen's University. He is also Chairman and Chief Executive Officer of Inventus Mining Corp. (TSX-V:IVS).
Tony Lesiak is currently the Senior Advisor, Investment Banking at Canaccord Genuity Corp. (Canada). He previously held the position of Managing Director and Global Head of Mining Research and was responsible for coverage of the Canadian large capitalization precious metal equities. He has been researching the metals and mining sector for over 20 years. Prior to rejoining Canaccord Genuity in September 2013, he was Managing Director and Senior Mining Analyst at Macquarie Capital Markets. Mr. Lesiak was a Principal and Senior Mining Analyst at Genuity Capital Markets from 2007 to 2010 and previously held senior positions in mining equity research at UBS (Toronto) and HSBC (New York and Toronto). Mr. Lesiak earned a B.Sc in Geology and an MBA (Rotman) from the University of Toronto and holds an International MBA specializing in Economics from Johannes Kepler University in Austria.
Mr. Maslowski is a geological engineer with a career in the mineral resource industry spanning more than 35 years in exploration, engineering, underground and open pit mining design and operation in the Americas and East Africa. Mr. Maslowski previously worked with Golden Predator from 2011 to 2014 as Vice President of Exploration and then Chief Operating Officer, expanding the Brewery Creek resource more than 5 fold in 3 years and directing the Brewery Creek Preliminary Economic Assessment Study. Since 2017 he has been the Technical Services Superintendent for Teck Washington Inc. at their Pend Oreille mine in NE Washington State, an underground lead-zinc mine. Prior to 2011, he was with Coeur d’Alene Mines for ten years in numerous positions including Director of Exploration and Assistant General Manager of the Palmarejo Mine in Mexico. He was the team leader for the discovery of the Diamond Hill Mine for Pegasus Gold then was responsible for advancing the mine into production. Mike is a member of the Society for Mining, Metallurgy and Exploration (SME) and the American Institute of Professional Geologists. He holds a B. S. in Geological Engineering from the Colorado School of Mines and is a Certified Professional Geologist (CPG) with the American Institute of Professional Geologists (AIPG) and a Qualified Person (QP) as defined by National Instrument 43-101.
Mr. Found has more than 30 years of international accounting & finance experience, of which, the last 13 have been spent in progressively more senior roles within the mining industry. He has significant experience both in mine site operational finance and Corporately having been part of the senior leadership team at Nevada Copper Corp. that positioned the mine for the final construction phase. Additionally, he was a key member of the management team that took New Gold Inc.’s New Afton Mine through the construction phase and into commercial production delivering the mine on time and on budget, immediately prior to that he was responsible for all financial matters for New Gold Inc. in Mexico. He has also held the role of Corporate Controller for a junior gold producer. Mr. Found is a Chartered Professional Account, CA and a Fellow of the Institute of Chartered Accountants in England & Wales and has a wealth of experience in financial reporting, operational planning, treasury management and ERP/systems implementations.
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