Sabre Gold Mines Corp (SGLDF)

[goldenpolarbear]

"...Our plans are to start with the exploration and definition phases. We are targeting to start that work in July. The objective over the next few months is to do the exploration drilling underground and at the surface targets, update the resource models, and prepare an optimized mine plan which will lead to a Pre-Feasibility Study for Q1 2018. From that basis, we look to make our production decision..." Claudio Ciavarella stated...

https://ceo.ca/@Newton/interview-with-martin-kostuik-claudio-ciavarella-kerr-mines-ker

This is simply a waiting game and it will be a zero or hero stock...

If this stock plummets; they are just trying to shake off those investors that lack the intestinal fortitude of a financial roller coaster ride; we will not really know until 2018 ...

I hope we all become Hero$$$$ with this stock...

How much longer will we wait for the annual, 2nd and eventually the 3rd quarter results of Kerr Mines... where are the updated FInancial Results

Cheers,
GoldenPolarBear

PS

MK: What we are looking for in our 2017 program is to define and expand the current resources across the entire property, as well as strengthen the economics leading to a production decision. We see a lot of value for shareholders here. We are going to implement that through two options. We have an underground existing resource and surface exploration targets. With regards to the underground, the whole ore body is open on strike and down dip. It is also open through undefined gap zones.

MK: The ore body is located beneath the open-pit and it is identified as four zones, A, B, C, and D. In between each of the zones, there are areas that have never been drilled. Those were never drilled primarily because of their location with regards to the high pit wall. Previous management decided not to drill from surface because that would mean drilling through 700 feet to get to the deposit. Instead, they deferred the drilling until such time underground access was established. All the other drilling was done from inside the pit. They started at the pit and drilled it down into the ore body. They weren't able to access the areas that we are looking at now and that gives us a good opportunity to explore the upside of the resources in the gaps and the down-dip extension.

PB: When American Bonanza was drilling from the base of the pit, they stayed away from the steep side of the pit to avoid disturbing things. What is it that's going to allow you to drill in the gaps?

CC: It is the ability to come off the underground workings that are already in-place and create an exploration drift. With that drift, we will be able to drill into the A, B, and C zones from underground. It will allow us to do definition-drilling as well as exploration drilling for these areas.

PB: With the continuity of the ore body that was mined, the potential for filling-in those gaps makes a lot of sense to me.

CC: Absolutely. There is no reason to believe that these areas won't have ore. Just because an area wasn't drilled doesn't mean it doesn't have ore. It is reasonable to expect that the mineralization will carry on.

http://www.financialstrend.com/billionaire-eric-sprott-builds-position-in-gold-mine-34436.html