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Saber Gold Drill 26.9G / T Gold 4.6m, Canadian Business Journal

Vancouver, British Columbia, March 1, 2022 (GLOBE NEWSWIRE) — Sabre Gold Mines Corp. (TSX: SGLD, OTCQB: SGLDF) (“Sabre Gold” or “Company”) is 100% owned in Arizona, USA Copperstone Gold Project.

Mike Maslowski, Vice President of Technical Services and Exploration at SabreGold, said: Scheduling “

The highlights of the excavation are:

  • RCP6F58 26.9 g / t including 3.0 m at 38.5 g / t 4.6 m at t
  • RC P2E93 15.5 g / t including 3.0 m at 26.5 g / t 6.0 m at t
  • RC P2C26 3.0m at 19.7 g / t
  • RC P2A06 3.0m at 18.6 g / t
  • RCP2C34 3.0m at 19.7 g / t
  • RC P2C29 3.0 m at 15.0 g / t

The results of the Underground Reverse Circulation (“RC”) drill program are received in 67 of the 83 sampled and submitted RC holes, and the results are pending.

Holes were drilled from eight drill stations targeting the D zone and two stations targeting the C zone. Two stations in Zone D received the full results and the remaining stations received the partial results. The results continue to show good strike and dip continuity in zone thickness and gold grade. As expected, local high-definition intercepts ranging from 10.0 g / t to 30.0 g / t gold were returned from various holes throughout the drill fan. This release is followed by a drill section showing the location of the drill station and the drill hole.

Table 1: Underground RC excavation

Drill hole from
(Meters)
To
(Meters)
length
interval
Au
Gram / ton
True thickness2
P6F58
include
27.4
27.4
32.0
30.4
4.6
3.0 3.0
26.9
38.5
2.1 2.1
1.4 1.4
P6E40 38.1 44.1 6.0 6.0 16.2 3.1 3.1
P2A05 22.9 27.4 4.5 4.5 4.4 4.4 2.0 2.0
P2A06 21.3 24.3 3.0 3.0 18.6 1.5 1.5
P2A07 19.8 22.8 3.0 3.0 6.1. 1.0 1.0
P2B12 18.3 21.3 3.0 3.0 9.1 2.0 2.0
P2B20
include
13.7
13.7
16.7
15.2
3.0 3.0
1.5 1.5
13.5
24.8
2.8
1.4 1.4
P2C26 29.0 32.0 3.0 3.0 19.7 1.9
P2C29 13.7 16.7 3.0 3.0 15.0 2.5
P2C34 13.7 16.7 3.0 3.0 19.7 2.8
P2E93
include
24.4
24.4
30.4
27.4
6.0 6.0
3.0 3.0
15.5
26.5
3.2 3.2
1.6 1.6

(1) Au grades here are reported as unlimited values.
(2) Estimated vertical distance between the bottom wall and the suspended wall of the mineralization section.

Photos accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c0e3db70-35dc-4722-910a-7be663616404.

Photos accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cbdde2f3-fde9-4de5-bb84-15cb7807ad4c.

The technical information in this news release has been reviewed and approved by Michael Maslowski of CPG, a qualified person as defined by National Instrument 43-101, and has been hired as Vice President of Technical Services and Exploration for the company.

Quality Assurance and Quality Control Statement
Procedures are implemented to ensure quality assurance (QAQC) for drillhole assays performed in ISO-certified assay laboratories. Samples of drill holes to be analyzed are safely stored for shipment and a series of administrative documents are delivered. A commercially available mineralized reference or blank standard is inserted in turn about every 20th sample and the results are evaluated to confirm the tolerance of the analysis of variance. Duplicate samples are also taken to further check the accuracy and accuracy of the lab. All results are analyzed for consistency and corrective actions as needed.

About SABER GOLD MINES CORP

Sabre Gold is a diverse multi-asset short-term gold producer in North America, holding 100% ownership of both the fully licensed Copperstone gold mine in Arizona, USA and the Brewery Creek gold mine in Yukon. doing. Both are former producers of Canada. Management plans to resume production at Copperstone and then Brewery Creek in the near future. Sabre Gold also makes other investments and projects at various stages of development.

Sabre Gold’s two advanced projects have approximately 1.5 million ounces of gold in the measurement and display category and approximately 1.2 million ounces of gold in the estimated category. In addition, Copperstone and Brewery Creek both have extensive exploration combined with land packages over 230 square kilometers, with further drill testing on currently identified high-priority targets. Sabre Gold is headed by a team of experienced mining experts with backgrounds in exploration, mining and operations.

For more information, please visit the Sabre Gold Mines Corp. website (www.sabre.gold).

Precautions regarding forward-looking statements

This news release contains a statement on drilling results, potential mineralization, potential expansion and upgrade of mineral resources, and current expectations for future exploration and development plans, in the future under Canadian Securities Law. Contains information about the outlook. These forward-looking statements carry various risks and uncertainties that may cause actual results to differ materially from those reflected in these forward-looking statements. Such statements are based on current expectations and are exposed to a great deal of uncertainty and risk, and actual results may differ materially from those contained in such statements. These uncertainties and risks include, but are not limited to: Gold price; investment, financing, and liquidity risk. Dependence on third parties, exploration risk, resource upgrade failures, and the extent to which mineral resource and reserve estimates reflect actual mineral resources and reserves. The extent to which factors make the deposit commercially viable, and the risks and risks associated with underground work, and other risks associated with the exploration and development industry. Risks and uncertainties regarding Saber Gold’s business have been submitted to Canadian securities regulators and are more fully discussed in our disclosure materials, including the annual information form available at www.sedar.com and MD & A. Readers are encouraged to read these materials. Sabre Gold undertakes no obligation to update any forward-looking statement or why actual results may differ from such statement, except as required by law. increase.

For more information, please contact:

Saber Gold Mines Co., Ltd.
Julio Bonifacio
President and Chief Executive Officer
gtbonifacio@sabre.gold


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Saber Gold Drill 26.9G / T Gold 4.6m, Canadian Business Journal

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