About Sabre Gold Mines Corp
Sabre Gold is a diversified, multi-asset near-term gold producer in North America which holds 100-per-cent 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, both of which are former producers. Management intends to restart production at Copperstone followed by Brewery Creek in the near term. Sabre Gold also holds other investments and projects at varying stages of development.
Sabre Gold’s two advanced projects have approximately 1.5 million ounces of gold in the Measured and Indicated categories, and approximately 1.2 million ounces of gold in the Inferred category. Additionally, both Copperstone and Brewery Creek have considerable exploration upside with a combined land package of over 230 square kilometers that will be further drill tested with high-priority targets currently identified. Sabre Gold is led by an experienced team of mining professionals with backgrounds in exploration, mine building and operations.
Brewery Creek Project
The Brewery Creek Project is a past producing heap leach gold mining operation from 1996 to 2002, temporarily closed due to low gold prices. The 180 km2 property is located 55 km east of Dawson City, Yukon. The Brewery Creek Project has a Socio Economic Accord with the Tr’ondek Hwech’in.
Brewery Creek has National Instrument 43-101 Measured, Indicated and Inferred Mineral Resource estimates that have been produced for the eleven named deposits at Brewery Creek. The results of the estimation are that the Brewery Creek Project has Measured and Indicated Mineral Resources totaling 34.5 million tonnes at 1.03 g/t, containing 1.14 million ounces of gold. Inferred resources total 35.9 million tonnes at 0.88 g/t containing 1.02 million ounces of gold. Total Mineral Resources are shown in the below table:
A Lerchs-Grossmann optimization pit shell constrained the resource using a $2,000/oz gold price and the cutoff grade used is based on a gold price of $1,500/oz and is an internal cutoff grade. The process cost used for the pit shell and cutoff grade includes project general and administrative expenses as well as an average haulage cost to transport process material to the leach pad.
To learn more about Sabre Gold Mines Corp, go to https://www.sabre.gold/
For more about the activity in the Yukon area and to view the digital map, go to https://digigeodata.com/area/yukon/