Copperstone Resource Update NI 43-101 Technical Report


VANCOUVER - Sabre Gold Mines Corp. has filed an independent technical report prepared in accordance with National Instrument 43-101 supporting the result of an updated mineral resource at the Copperstone gold project located in Arizona. The resource reported a 23% increase in gold ounces in all categories, 53% increase in Measured Resources to 196,000 gold ounces at 7.6 g/t, and 45% increase in Inferred Resources to 212,000 gold ounces at 5.9 g/t. The resource was estimated at a gold price of $1,700 ounce with a modest reduction of 9,700 ounces when calculated at a gold price of $1,600 ounce. Underground mapping and sampling confirm that the mineralized domains occur where previously modeled. Drilling continued to demonstrate continuity in mineralization within mineralized domains and delimited some domain edges where step out holes were drilled. Capping of very high grade intercepts were distinct for each mineralized domain and based on conservative detailed statistical analysis which will provide potential further upside.