Sabre Gold Mines Corp (SGLDF)

[goldenpolarbear]

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/

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https://www.kitco.com/news/2022-03-25/Western-Nations-ban-gold-transactions-with-Russia.html