Sabre Gold Mines Corp. is pleased to announce that shareholders voted in favor of all resolutions presented in its management information circular at the Annual General Meeting of Shareholders held on June 27, 2024. A total of 28,911,361 common shares were voted at the Meeting, representing 36.3% of the votes attached to all outstanding common [...]
Sabre Gold Mines Corp. is pleased to announce that it has updated the terms of the Property Purchase Agreement of the Marg VMS project located in Central Yukon with Azarga Metals . The Company and Azarga are parties to an asset purchase agreement closed on November 8, 2021, in respect of the Marg Project, on terms announced November 9, 2021. The [...]
Sabre Gold Mines Corp. is pleased to announce that it has finalized the restructuring of the Company's current debt obligations and the gold stream over the Copperstone Mine with its secured creditors . The terms of the Restructuring were the same as announced in the Company's press release of October 3, 2023 . The terms include: partial early [...]
Sabre Gold Mines Corp. is pleased to announce that its partner, Rackla Metals , has exercised its option to acquire a 100% interest, subject to a 2.5% NSR royalty, in the SER property. Pursuant to the SER Option Agreement dated September 29, 2022, Rackla has completed the following: paid $50,000 cash to Sabre upon signing of the agreement, within [...]
Sabre Gold Mines Corp. is pleased to announce it has entered into a non-binding Term Sheet with its secured creditors setting out the terms on which the parties are proposing to restructure the Company's current debt obligations and the gold stream over the Copperstone Mine. The proposed terms include: partial early repayment of its debt [...]
Sabre Gold Mines Corp. is pleased to announce it has sold the Brewery Creek Project and other certain mineral assets in the Yukon to Victoria Gold Inc. . Transaction Details The sale was completed pursuant to the terms of a share purchase agreement between Sabre and Victoria, whereby Victoria acquired all of the issued and outstanding shares of [...]
Sabre Gold Mines Corp. is pleased to announce it has filed a technical report supporting the Preliminary Economic Assessment on the 100% owned Copperstone Mine 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 [...]
Sabre Gold Mines Corp. is pleased to announce that shareholders voted in favor of all resolutions presented in its management information circular at the Annual General Meeting of Shareholders held on June 29, 2023. A total of 20,715,684 common shares were voted at the Meeting, representing 28.7% of the votes attached to all outstanding common [...]
Sabre Gold Mines Corp. is pleased to announce it has completed a Preliminary Economic Assessment on the 100% owned Copperstone Mine 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 [...]
Sabre Gold Mines Corp. announces that engineering and evaluation work has continued on the Copperstone Mine and the Company will be releasing the results in a Preliminary Economic Assessment in the coming weeks. The Company has continued with its focus on the restart of the Copperstone Mine with the refinement and optimization of the mineral [...]
Sabre Gold Mines Corp. announces the buyback and cancellation of a 3% net smelter returns royalty on the Company's Copperstone Project for payment of US$2.5 million. In addition, the Company has repaid two promissory notes totalling $3.2 million, with the $2 million principal being repaid in cash and approximately $1.2 million in interest being [...]
Sabre Gold Mines Corp. announces the sale of the 1% net smelter returns royalty it holds on the Kerr-Addison Mine claims owned by Gold Candle Ltd. for cash proceeds of US$7 million. In connection with the sale, the Company terminated the previously announced proposed sale of the GC Royalty and will pay the agreed upon break fee of US$500,000. The [...]