Sable Resources Announces New Surface Results and Beginning of VTEM Survey
Vancouver, British Columbia - Sable Resources Ltd. (TSXV:SAE | OTCQB:SBLRF) is thrilled to share that it has received encouraging surface results from its wholly-owned Copper Queen Project, located in British Columbia. In conjunction with these results, the company has commenced a comprehensive VTEM time-domain survey, extending over 520 kilometers, designed to investigate the principal target areas within the property.
Project Highlights
Notable Findings
- A total of 40 previously unreported rock samples has been added to this update, enhancing the quantity of known samples from the previously reported 97 rock samples collected around Breccias 1, 2, and 3.
- The latest results have demonstrated significant maximum values including 1.07% copper (Cu), 27.7 grams per ton (g/t) gold (Au), and 100 g/t silver (Ag).
- Cu, Ag, and localized Au mineralization have been identified as having close associations with the matrix of magmatic-hydrothermal breccias, noted for a diverse assemblage of quartz, calcite, chlorite, and chalcopyrite, with high-grade gold occurring in quartz veins adjacent to the breccias.
- 122 soil samples collected on the upper plateau north of Breccias 2 and 3 indicate a possible northward expansion of Breccia 3 along with the identification of at least three additional significant copper anomalies, which may hint at concealed mineralization.
- Sable's geologists have successfully located four new occurrences of copper mineralization on surface exposures. Results from these recent discoveries will be released as soon as they are available.
Field Season Success
Dr. Ruben Padilla, President and CEO of Sable, expressed enthusiasm regarding the results from the 2024 field season. According to him, the areas surrounding Breccias 1, 2, and 3 are evolving into major targets for copper in conjunction with silver and gold. He noted that the ongoing VTEM survey marks a pivotal step toward a more profound understanding of the physical and geological characteristics associated with these copper-rich breccias.
Understanding the VTEM Survey
Geotech Ltd. has been contracted to lead a Versatile Time-Domain Electromagnetic (VTEM™) survey, consisting of 520 line kilometers of survey lines covering the surface areas surrounding Breccias 1, 2, 3, and 4. VTEM is recognized as an efficient geophysical technique, adept at uncovering subsurface geological and mineral features typically linked with certain mineral deposit types. This technique is particularly effective for pinpointing individual conductive anomalies associated with sulfide minerals and for mapping changes in geophysical properties, yielding insights on both horizontal and vertical scales related to mineralization.
Sample Preparation and Analysis Insights
The sample preparation from the Copper Queen Project is primarily conducted by ALS Minerals, utilizing their advanced facilities. Each collected sample undergoes rigorous analysis methods including fire assay fusion and four-acid digestion, which evaluates a wide array of elements including Cu, Ag, and Au, among others. It is important to note that these analysis protocols are supplemented with quality assurance and quality control protocols, ensuring the reliability and accuracy of the observed results.
Qualified Person Statement
Luis Arteaga, Vice President of Exploration, serves as Sable's Qualified Person under NI 43-101 guidelines and ensures the technical information disseminated to the public is accurate and thoroughly vetted.
About the Copper Queen Project
Situated approximately 225 kilometers from a significant urban center and covering 13,880 hectares of land, the Copper Queen Project has a rich history of exploratory activities dating back to earlier work conducted in the late 1960s. Various exploration efforts have revealed indications of mineralization, prompting continued interest and investment from Sable Resources. The project's potential is further bolstered as Sable aims to develop this facility into a notable copper-producing venture in the region.
Company Overview
Sable Resources Ltd. is focused on the discovery of Tier-One precious metal and copper projects within established mining jurisdictions. With active exploration efforts in Argentina and British Columbia, Sable continues to expand its portfolio of promising mining assets while adhering to systematic exploration principles aimed at advancing to resource-level projects.
Frequently Asked Questions
What recent developments have been reported by Sable Resources?
Sable Resources has announced new positive surface samples and initiated a VTEM survey at its Copper Queen Project.
What are the key findings from the latest exploration results?
Recent results include up to 1.07% Cu, 27.7 g/t Au, and 100 g/t Ag from new rock samples collected.
Who is overseeing the technical information for Sable Resources?
Luis Arteaga, the Vice President of Exploration, is the Qualified Person responsible for reviewing and approving technical content.
What geological techniques is Sable employing in their exploration efforts?
Sable is utilizing the VTEM survey technology, a method known for its ability to detect underground mineral features and anomalies.
What is the significance of the Copper Queen Project?
The Copper Queen Project represents a viable opportunity for mineral exploration with significant past findings points towards possible copper, silver, and gold reserves.
