Exploration Update on the Don Julio Project
Sable Resources Ltd. (TSXV:SAE | OTCQB:SBLRF) has recently confirmed a significant shift in the management of its Don Julio project. Following the termination of the Earn-In Agreement with South32, Sable is thrilled to retain complete control over this promising exploration site.
Overview of the Don Julio Project
The Don Julio project, situated in San Juan, Argentina, has seen considerable investment and exploration activity over the past few years. South32, through its collaboration with Sable, supported numerous exploration initiatives, contributing to over 12,717 meters of reconnaissance drilling. This investment has opened the door to a cluster of mineralized porphyry centers that hold substantial promise for future development.
Significant Discoveries
Since identifying the Don Julio mineral system in 2018, Sable has been focused on exploring the rich mineral potential that the Central Andes region offers. The project area has been recognized for its ability to host large copper-gold-molybdenum (Cu-Au-Mo) deposits, revealing four confirmed targets for potential follow-up drilling.
The Chita District
Moreover, the exploration results by Sable and neighboring Minsud Resources have identified a new mineral district in the San Juan Province, known as the Chita district. This discovery is significant as it encompasses enhanced mineralization, including the notable historic Chita Cu porphyry deposit and the newly found Chinchillones polymetallic deposit.
Detailed Analysis of Project Targets
Technical work conducted between 2021 and 2025 has generated multiple viable targets within the Don Julio project. Key targets include:
La Gringa and El Morro Targets
Located at the boundaries of a large Miocene lithocap, the La Gringa and El Morro targets have shown promising indications of mineralization. Initial assessments suggest that these areas connect to deeper Cu-Au-Mo porphyry systems. Previous drilling has intersected notable alterations; results indicate strong potassic alteration and molybdenum mineralization near the margins of mineral-rich porphyry centers.
Punta Cana and Tocota Targets
Punta Cana, another compelling porphyry site, has offered promising intercepts from relatively shallow drilling efforts. Results demonstrate clear mineralization, further solidifying the prospects of this target. Meanwhile, the Tocota target, newly identified, showcases diorite formations that exhibit porphyry veinlets, indicative of rich mineralization yet to be drilled.
Strategic Exploration Summary
The comprehensive exploration campaign designed for the Don Julio project, covering approximately 120 square kilometers, included substantial drilling and geophysical studies, which contributed significantly to understanding the geological landscape. Highlights from the exploration to date consist of:
- 3,100 meters of drilling funded earlier in 2018
- 12,717 meters of drilling conducted recently from 2022 to 2025
- Extensive geological and geochemical sampling efforts including rock and soil samples contributing invaluable data
Sable is strategically positioned to leverage its in-house expertise in porphyry exploration to tap into this Tier-One asset, aiming for significant mineral discoveries that could enhance shareholder value.
About Sable Resources Ltd.
Sable is recognized as a forward-thinking junior mining company dedicated to exploring and developing high-potential precious metal and copper projects. With an expansive portfolio of exploration projects in renowned mining jurisdictions, Sable continues to build onwards towards resource development levels.
Frequently Asked Questions
What is the current status of the Don Julio project?
Following the termination of the agreement with South32, Sable retains 100% control over the Don Julio project, with several mineralized targets identified for further exploration.
What are the main targets identified in the Don Julio project?
The key targets include La Gringa, El Morro, Punta Cana, and Tocota, each demonstrating notable mineralization potential based on drilling results.
How has Sable's exploration strategy evolved?
Sable’s exploration strategy has focused on identifying underexplored mineral systems leveraging significant drilling and geological studies, positioning itself for future discovery success.
What is the significance of the Chita district?
The Chita district is an emerging mineral area that includes Sable’s projects and highlights a higher density of mineralization, thus presenting exciting exploration opportunities.
Who can be contacted for more information about Sable Resources Ltd.?
Ruben Padilla, President & CEO, can be reached via email at ruben.padilla@sableresources.com or by phone at +1 (520) 488-2520 for inquiries.
