VANCOUVER, British Columbia, Jan. 18, 2022 (GLOBE NEWSWIRE) — Sabre Gold Mines Corp. (TSX: SGLD; OTCQB: SGLDF) (the “Company” or “Sabre Gold”) is pleased to announce the results of a Preliminary Economic Assessment (“PEA”) for the Company’s 100% owned, road-accessible Brewery Creek Gold Project located in Yukon Territory, Canada.
All amounts shown are in United States dollars and metric units of measurement unless otherwise Stated.
PEA Highlights:
- After-tax NPV at 5% of $112 million at an Internal Rate of Return (“IRR”) of 27.6% at $1,700 per ounce gold increasing to $157 million at an IRR of 35.7% at $1,900 per ounce gold;
- After-tax average annual cash flow of $36 million at $1,700 per ounce gold increasing…