goldenpolarbear
1 year ago
New LOW & trading under a dime Disgusting!
https://www.sabre.gold/
« …
Sabre Gold Mines Corp is a diversified, multi-asset gold producer in North America. The Company holds 100% ownership of both the fully licensed and permitted Copperstone gold mine located in Arizona, United States and the Brewery Creek gold mine located in Yukon, Canada. The Company also holds other investments and projects at varying stages of development. The Company’s two advanced projects... see more
$0.0966. -0.0104 | - -9.72%
Bid: 0.090 x 0 Ask: 0.107 x 0 Volume: 5,620
USD | OTCQB | REALTIME | | AUGUST 11, 2023 09:55:40 AM EDT
I expect these shares to plummet further and drastically now that they're trading under a dime!
Unless funding of over $35 million is secured soon...
Beyond concerning!…. » for Andrew Elinesky & all Sabre Gold Mines investors!
The price of GOLD needs to POP & maybe https://www.cnbc.com/2023/08/11/gold-prices-to-breach-all-time-highs-with-some-calling-for-2500.html
« … US inflation rose at a steady pace of 0.2%, as expected by investors and aligned with the Fed’s required inflation rate of 2%. The recovery move was the Gold price is supported by a restricted upside in the US Dollar as chances of a rate cut in 2024 increase. San Francisco Fed President Mary Daly joined policymakers Patrick Harker and John Williams to open the door for rate cut discussions in 2024 depending on the evolution of the inflation economy.… »
https://www.fxstreet.com/news/gold-price-recovers-on-lower-than-expected-us-inflation-us-ppi-eyed-202308110941
goldenpolarbear
1 year ago
“… SABRE GOLD FILES PRELIMINARY ECONOMIC ASSESSMENT TECHNICAL REPORT FOR THE COPPERSTONE MINE
August 2, 2023
PDF Version
Vancouver, August 3, 2023 – Sabre Gold Mines Corp. (TSX: SGLD, OTCQB: SGLDF) (“Sabre Gold” or the “Company”) is pleased to announce it has filed a technical report supporting the Preliminary Economic Assessment (“PEA”) on the 100% owned Copperstone Mine (“Copperstone” or “Project”) in Arizona, USA, previously announced on June 20, 2023. The technical report titled Preliminary Economic Assessment for the Copperstone Project, La Paz County, Arizona, USA and dated August 2, 2023 (with an effective date of June 26, 2023) has been prepared for Sabre Gold by Hard Rock Consulting, LLC. The technical report is available on SEDAR (www.sedarplus.ca) under Sabre Gold’s profile.
https://www.sabre.gold/sabre-gold-files-preliminary-economic-assessment-technical-report-for-the-copperstone-mine/
goldenpolarbear
1 year ago
"... Sabre Gold to Present at the Metals and Mining Virtual Investor Conference July 26th to 31st..." Starting today!
https://ceo.ca/@globenewswire/sabre-gold-to-present-at-the-metals-and-mining-virtual
https://www.sabre.gold/
https://www.kitco.com/news/2023-07-26/Gold-price-up-ahead-of-likely-Fed-rate-hike.html
"... VANCOUVER, British Columbia, July 24, 2023 (GLOBE NEWSWIRE) -- Sabre Gold Mines Corp. (TSX: SGLD, OTCQB: SGLDF) (“Sabre Gold” or the “Company”), focused on the restart of the Copperstone Mine in Arizona, today announced that Andrew Elinesky, CEO and President will present live at the Metals and Mining Virtual Investor Conference, hosted by VirtualInvestorConferences.com, on July 26th at 1 pm EDT and will be participating in one to one meetings from July 26ththrough to July 31st.
DATE: July 26th
TIME: 1 pm ET
LINK: https://bit.ly/3Ne25Hz
Available for 1x1 meetings: July 26th, 27th, 28th, and 31st
This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.
Learn more about the event at www.virtualinvestorconferences.com
"... Andrew will be pleased to discuss the Company’s recent work including the progress at the Copperstone Mine and it’s newly completed Preliminary Economic Assessment as well as the ongoing reorganization of the Company.
..."
https://www.kitco.com/news/2023-07-24/Gold-price-near-steady-as-FOMC-meeting-on-deck.html
https://www.fxstreet.com/news/gold-price-stabilizes-as-fed-likely-to-resume-interest-rate-hiking-cycle-in-july-202307240749
goldenpolarbear
1 year ago
"... Sabre Gold to Present at the Metals and Mining Virtual Investor Conference July 26th to 31st..."
https://ceo.ca/@globenewswire/sabre-gold-to-present-at-the-metals-and-mining-virtual
https://www.sabre.gold/
"... VANCOUVER, British Columbia, July 24, 2023 (GLOBE NEWSWIRE) -- Sabre Gold Mines Corp. (TSX: SGLD, OTCQB: SGLDF) (“Sabre Gold” or the “Company”), focused on the restart of the Copperstone Mine in Arizona, today announced that Andrew Elinesky, CEO and President will present live at the Metals and Mining Virtual Investor Conference, hosted by VirtualInvestorConferences.com, on July 26th at 1 pm EDT and will be participating in one to one meetings from July 26th through to July 31st.
DATE: July 26th
TIME: 1 pm ET
LINK: https://bit.ly/3Ne25Hz
Available for 1x1 meetings: July 26th, 27th, 28th, and 31st
This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.
Learn more about the event at www.virtualinvestorconferences.com
"... Andrew will be pleased to discuss the Company’s recent work including the progress at the Copperstone Mine and it’s newly completed Preliminary Economic Assessment as well as the ongoing reorganization of the Company.
..."
https://www.kitco.com/news/2023-07-24/Gold-price-near-steady-as-FOMC-meeting-on-deck.html
https://www.fxstreet.com/news/gold-price-stabilizes-as-fed-likely-to-resume-interest-rate-hiking-cycle-in-july-202307240749
goldenpolarbear
1 year ago
Precious Metals Investor Conference July 26 1pm Sabre GOLD
"... Precious Metals Virtual Investor Conference Agenda Announced for July 26th..."
NEW YORK, July 20, 2023 (GLOBE NEWSWIRE) -- Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the Battery & Precious Metals Virtual Investor Conference. Individual investors, institutional investors, advisors, and analysts are invited to attend.
REGISTER NOW AT: https://bit.ly/3rA8c0n
It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. There is no cost to log-in, attend live presentations and schedule 1x1 meetings with management.
“With over 25 companies presenting and a keynote from Socialsuite, we are excited to host our upcoming two-day Battery & Precious Metals Virtual Investor Conference,” said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. “Our markets are tailored to meet the needs of today’s resource companies as they look to engage more investors, and we are thrilled to see them leverage the VIC platform to support their outreach.” https://www.sabre.gold/
Battery & Precious Metals Virtual Investor Conference Agenda Announced for July 26th and 27th @GlobeNewswire/battery-precious-metals-virtual-investor-conference-84662
goldenpolarbear
1 year ago
Star Royalties Highlights Preliminary Economic Assessment
"... Star Royalties Highlights Preliminary Economic Assessment at Sabre Gold’s Copperstone Gold Mine..."
".... Star Royalties Ltd. ("Star Royalties", or the "Company") (TSXV:STRR)(OTCQX:STRFF) is pleased to highlight the results of a Preliminary Economic Assessment ("PEA") on the Copperstone Gold Mine, announced by Sabre Gold Mines Corp. ("Sabre Gold") (TSX:SGLD, OTCQB:SGLDF) on June 20, 2023.
All amounts are in U.S. dollars, unless otherwise indicated.
PEA Highlights
Robust post-tax economics result in a base case ($1,800/oz gold) after-tax IRR of 50.3%, low initial capital of $36 million and benefit from significant tax assets as well as recently reduced royalty encumbrance.
PEA supports a high-grade gold underground mining operation with an average annual production of 40,765 ounces gold over a 5.5-year mine life with an all-in sustaining cost of $1,290/oz gold.
Sabre Gold will continue to have discussions with potential providers of initial construction capital while earthworks are expected to commence as soon as a formal construction decision is made.
PEA mine plan prioritizes high-grade portions of the resource in early years to result in a payback period of less than two years, while generating nearly $90 million in after-tax cumulative undiscounted cash flow...."
https://www.accesswire.com/764517/Star-Royalties-Highlights-Preliminary-Economic-Assessment-at-Sabre-Golds-Copperstone-Gold-Mine
If only Sprott might provide... ?
https://www.kitco.com/news/2023-06-29/Gold-silver-see-mild-price-pressure-amid-bearish-technicals.html
https://financialpost.com/globe-newswire/talisker-announces-closing-of-the-initial-draw-on-the-us31250000-financing-with-sprott-streaming-for-the-bralorne-gold-project
https://www.mining.com/sprott-backs-seabridge-with-150-million-ksm-smelter-royalty/
https://www.capitalcorpmerchantbanking.com/?gclid=EAIaIQobChMI56PMjoTp_wIViJ-GCh0aJANeEAMYASAAEgJlSvD_BwE
https://www.blackrock.com/
https://www.mackenzieinvestments.com/
goldenpolarbear
1 year ago
"...SABRE GOLD ANNOUNCES PRELIMINARY ECONOMIC ASSESSMENT FOR THE COPPERSTONE MINE
June 20, 2023
Vancouver, June 20, 2023 – Sabre Gold Mines Corp. (TSX: SGLD, OTCQB: SGLDF) (“Sabre Gold” or the “Company”) is pleased to announce it has completed a Preliminary Economic Assessment (“PEA”) on the 100% owned Copperstone Mine (“Copperstone” or “Project”) in Arizona, USA. The study has resulted in robust post-tax economics which, due to pre-existing infrastructure on surface and underground, result in both low initial capital and an overall low capital intensity ratio on a per ounce basis. The project benefits from its significant tax assets and recently reduced royalty encumbrance while also having potential for resource expansion and further exploration success.
The Preliminary Economic Assessment supports a high-grade gold underground mining operation at Copperstone producing an average of 40,765 payable oz gold per year for just over a 5-and-a-half-year mine life. Sabre Gold management worked with Hard Rock Consulting, LLC (“HRC”) to complete the PEA, which included comprehensive reviews of the construction, operations and costs, to provide confidence for potential project commencement and completion within budget and schedule. Trade off studies will continue on initial capital items and initial earthworks will commence as soon as the Company moves towards a formal construction decision. The Company will also continue to have discussions with potential providers of initial construction capital.
In accordance with National Instrument 43-101, the Company has engaged HRC to complete a technical report in support of the PEA, which will be filed on SEDAR within 45 days of this news release. The Company notes that mineral resources are not mineral reserves as they do not have demonstrated economic viability. The Company notes that a preliminary economic assessment is preliminary in nature, it includes inferred mineral resources that are considered too speculative geologically to have economic consideration applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the preliminary economic assessment will be realized.
The PEA base case assumes a gold price of $1,800 per oz and the PEA also presents project sensitivities using a range of spot gold prices between $1,600 to $2,000 per oz. All currency references herein are in US$.
Highlights from the Preliminary Economic Assessment
Consistent Production – Models an underground mine operation that will process 198,000 tonnes of ore at 544 tonnes per day (“tpd”) over the 5.6-year mine life (“LOM”).
Excellent Payback Period – The mine plan sequences the high-grade portions of the resource in early years to optimize grade and cash flow resulting in a payback period of less than 2 years and generating nearly $90m in after-tax cumulative undiscounted cash flow.
Low Initial Capital – Significant site infrastructure, such as pre-existing tailings and processing facilities, surface buildings and rehabilitated underground development allow for reduced upfront construction cost and low initial capital per payable gold ounce produced over the LOM.
Fully Licensed and Permitted – Permits are in place for initial construction and subsequent operation of the project as well as the necessary water and surface rights. Minor modifications required for the revised mine plan and flow sheet as a result of the PEA will be addressed as required in the coming months by the Company...."
https://www.sabre.gold/sabre-gold-announces-preliminary-economic-assessment/
BRAVO!
https://www.benzinga.com/pressreleases/23/06/32919152/sabre-gold-announces-preliminary-economic-assessment-for-the-copperstone-mine
https://www.cnbc.com/2023/06/20/gold-listless-as-investors-hunt-for-fed-rate-clues.html
ernie44
1 year ago
gold for nuthin and chins get hit ........................................................................................,,,,,,,, .....
....
ernie44
2 years ago
Found some fluff for SGLD
o
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;
o
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
o
Average Annual Production of 60,000 ounces per year for a total 473,000 ounces gold over an
initial 8-year mine life;
o
Total cash cost of $850 per ounce and all-in sustaining cost (?AISC?) US$966 per ounce gold;
o
Pre-production capital costs of $105 million with life of mine sustaining costs of $18 million;
o
Payback period of 2.6 years at $1,700 per ounce gold;
o
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,
o
Lower technical and execution risk as a past brownfields producer with existing infrastructure
and road access from previous mining operation.
·
On June 14, 2022 the Company submitted a Pre-submission Project Description for the Brewery Creek
Mine Project to the Yukon Environmental and Soci-economic Assessment Board (YESAB).
·
On October 24, 2022 Mr. Giulio Bonifacio resigned as President and CEO of the Company and was
succeeded by Mr. Andrew Elinesky.
·
On November 9, 2022 the Company implemented the 1:10 share consolidation previously approved by
shareholders on December 17, 2021.
·
The Company effected a private sale of 14,500,000 shares of C2C Gold Corp. for net proceeds of
Cdn$800,000 to a Director and Shareholder of the Company
·
On December 13, 2022, the Company announced a non-brokered private placement of units for
aggregate gross proceeds of a minimum of $680,000 and up to maximum of $1.5 million at a price of
C$0.17 per Unit. Each Unit will consist of one common share in the capital of the Company and one-
half of one common share purchase warrant. Each Warrant shall entitle the holder to acquire an
additional common share at a price of $0.30 for a period of 24 months following the closing of the
Offering.
·
On December 22, 2022, the Company received the Draft Project Proposal Guideline on the Brewery
Creek Mine Project from YESAB.
Subsequent to the Financial Year ended December 31, 2022
·
The Company closed the non-brokered private placement for gross proceeds of $708,260 consisting of
the sale of 4,166,238 units of the Company at a price of $0.17 per unit. Each unit consists of one
common share and one-half of one Common Share purchase warrant. Each Warrant shall entitle the
holder to acquire an additional Common Share at a price of $0.30 for a period of 24 months.
·
goldenpolarbear
2 years ago
Gold shines as bets on Fed pause gain momentum..."
Gold is UP but when are Sabre Gold Mines shares going to POP?
https://www.cnbc.com/2023/03/23/gold-gains-as-fed-hints-at-pause-in-rate-hikes.html
“... “The thought of peak U.S. rates being within reach is bolstering prices of the zero-yielding precious metal,” said Han Tan, chief market analyst at Exinity.
“As long as market expectations for a 2023 rate cut remain intact, gold may well revisit the psychologically-important $2,000 mark.”
The Fed on Wednesday raised rates by a quarter of a percentage point, but indicated it was on the verge of pausing further increases in borrowing costs given concerns about the banking sector after two U.S. lenders collapsed earlier this month...."
https://www.mining.com/web/sprott-sees-gold-price-hitting-fresh-record-as-banking-crisis-unfolds/
"... The haven asset briefly rose above $2,000 an ounce on Monday for the first time in a year as a deal to buy Credit Suisse Group AG failed to calm fears over the global banking industry. Concerns over contagion among US regional lenders have sparked bets that the Federal Reserve may slow the pace of monetary tightening, which usually means the price of gold is headed up.
“I certainly think we’re on our way to new highs,” Sprott’s chief executive officer Whitney George said in an interview. After a market downturn, “the minute liquidity is restored back into the global market, gold seems to be always be the first thing to recover, and then often hits new highs.”..."
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