Sabre Gold Mines Corp (SGLDF)

[goldenpolarbear]

"... 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