Home > Boards > Canadian > Mining/Resources > Sabre Gold Mines Corp. (SGLDF)

Copperstone Highlights Star Royalties

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
goldenpolarbear Member Profile
 
Followed By 18
Posts 7,166
Boards Moderated 1
Alias Born 03/02/13
160x600 placeholder
goldenpolarbear   Thursday, 01/28/21 08:31:03 AM
Re: None
Post # of 1479 
Copperstone Highlights Star Royalties
"... Copperstone Highlights

Investment Rationale
Tier 1 Jurisdiction
Arizona, USA
Reliable Counterparty1
Experienced underground mine developer

Lower Risk Restart

Fully permitted with significant infrastructure on site

Short Timeline to Production

Restart expected in Q4 2021 with commercial production in Q1 2022

Modest Capital Requirement

~US$23M restart capital to be covered by US$18M stream and subsequent Arizona Gold financing

Encouraging Drill Results Outside Mineral Resource

Footnotes:
Source:
1. Refers to Arizona Gold Corp.
2. Gold price assumptions:
; estimates based on Technical Report referenced in Appendix 4. NI 43-101 Technical Report: Preliminary Feasibility Study for the Copperstone Project, La Paz County, Arizona, USA, prepared for Kerr Mines Inc. (presently Arizona Gold Corp) with an effective date of April 1, 2018 prepared by Hard Rock Consulting Inc., in accordance with the guidelines of Canadian National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Please refer to Appendix 4 for additional information.

4.5-year mineral reserve life before impact of Phase 1 and Phase 2 (ongoing) drilling
Attractive Investment Metrics
Average after-tax FCF of ~US$5M/year2

PORTFOLIO
Copperstone Potential


https://starroyalties.com/wp-content/uploads/2020/02/Star-Royalties-Marketing-Deck2020.pdf

https://www.arizona-gold.com/

https://www.kitco.com/news/2021-01-28/Physical-gold-demand-drops-17-in-2020-but-that-s-not-the-whole-story-World-Gold-Council.html


Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences