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Gold/Mining/Energy : Sabre Gold -- Ignore unavailable to you. Want to Upgrade?


To: sense who wrote (11)10/23/2021 7:54:01 PM
From: sense  Respond to of 35
 
Feb 23, 2005: Merger of American Bonanza and International Taurus

The merger added two significant projects: Fenelon and Taurus...

Fenelon is now the flagship project of Wallbridge Mining... but I have not tracked down the transactions to see how that occured... or what consideration was paid... or what became of it and may be a residual to Sabre Gold now.

Taurus was transferred to become the project of Hawthorne Gold in 2008... leaving American Bonanza owning 13% of Hawthorn... which became China Minerals Mining Corporation in 2011... and Wildsky Resources in 2018 trading as WSK.V / HWTHF. Cassiar Gold properties were spun out of Wildsky to Margaux Resources in 2019... while perhaps they are now properties that are the same or part of Cassiar Gold... ? Wildsky in 2020 appears it descended into being a convertible note scam... so whatever value might have remained in ownership of shares of the former Hawthorne is likely not worth much now...



To: sense who wrote (11)10/23/2021 8:02:29 PM
From: sense  Read Replies (1) | Respond to of 35
 
2018: Kerr Mines sells assets to focus on Copperstone

Under the agreement, Kerr has divested all of its interest in the McGarry mine, and Barber-Larder properties to McGarry-Larder Mines Inc., a wholly-owned subsidiary of Orefinders. In return Kerr will receive approximately 9% of Orefinders’ outstanding shares. In addition, Kerr will receive 440,248 common shares of Powerore Inc., a battery-metal focused company that was recently set up to acquire Orefinders’ silver-cobalt assets, comprised of the Mann Mines and MacMurchy properties. The properties are located in the Cobalt-Gowganda District of Ontario, and form part of Orefinders’ plan to create a pure play battery metals company.
“The sale of the McGarry assets for common shares in Orefinders is an excellent value-creating opportunity for Kerr Mines shareholders,” said Claudio Ciavarella, CEO of Kerr Mines. “The McGarry assets in Northern Ontario fit with Orefinders’ plans of developing assets in the Abitibi and will unlock value for Kerr shareholders,’’ he said.