The Company has changed its name to better reflect its ongoing operations after the successful completion of the previously-announced business combination, pursuant to which Sabre Gold acquired all of the issued and outstanding common shares of Golden Predator Mining Corp. by way of a statutory plan of arrangement under the provisions of the Business Corporations Act (
Sabre Gold Highlights:
- A diversified near-term gold producer in
North America with the fully permitted Copperstone mine inArizona and theBrewery Creek mine in theYukon - A robust multi-million ounce gold resource base with high impact exploration targets at both projects
- Project finance partnership with
Star Royalties (TSXV: STRR) for the restart of the Copperstone mine, targeting production commencement in 2022 - Anticipated preliminary economic assessment at
Brewery Creek mine expected in Q4 2021 - A platform from which to seek out other accretive opportunities to complement our development and production pipeline
Mr.
The Company expects to begin trading on the OTCQB under its new name and ticker symbol by the middle of
About
Sabre Gold is a diversified, multi asset near-term gold producer in
Sabre Gold has approximately 1.1 million ounces gold in the measured and indicated categories, and approximately 1.5 million oz 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.
For further information please contact:
President & Chief Executive Officer
gtbonifacio@sabre.gold
Cautionary Statements
Certain information contained herein constitutes forward-looking information or statements under applicable securities legislation and rules. Such statements include, but are not limited to, statements with respect to the resource base of the combined company, future plans, outcomes and timing with respect to the restart of the Company’s mining projects and anticipated date of the OTCQB symbol change. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Sabre Gold to be materially different from those expressed or implied by such forward-looking statements. Although management of Sabre Gold have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate. Accordingly, readers should not place undue reliance on forward-looking statements. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws. The Company cautions readers not to place undue reliance on these forward-looking statements and it does not undertake any obligation to revise and disseminate forward-looking statements to reflect events or circumstances after the date hereof, or to reflect the occurrence of or non-occurrence of any events.
This press release is not and is not to be construed in any way as, an offer to buy or sell securities in
Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.
Source:
2021 GlobeNewswire, Inc., source