Includes the Miocene Cu-Au-Mo Pyros porphyry which returned significant mineralized intervals in 2022 drilling and requires additional exploration. It also includes the Antenna Hill target with proven Cu-Au-Ag mineralization. Potential for a multi-million Cu-Au-Mo deposit.
Being explored with our partner South32, including the Los Pumas project and multiple porphyry targets with potential for several multi-million Cu-Au-Mo deposits.
Cerro Negro and Potrerillos represent a new and interesting play for porphyry exploration undercover within a prolific mineral belt. Magnetic, and IP anomalies coincide with Miocene intrusions.
Perk Rocky is a large footprint Cu-Au porphyry target located on the prolific yet underexplored Coastal Range of British Columbia. Sable also owns the Copper Queen and Rusty Peak properties in proximity to Perk along the same mineral belt.
El Fierro (75,000 ha)• Old mining district never explored in modern times• 3 seasons of work by Sable• Discovery of the large Cu-Au-Mo Miocene Pyros porphyry system• Additional drilling required to define high-grade Cu zones at Pyros and to test the Cu, Ag, Au Antena target
Cerro Negro (2,700 ha) – Potrerillos (19,000 ha) • Au-Cu-Mo porphyry target• Conceptual target, concealed mineralization under Quaternary gravels • Magnetic and IP anomaly, Miocene intrusions, Cu-Au-Mo-Ag anomalies in rocks and soils, favorable alteration in nearby rocks• Never explored or drilled before
Don Julio (69,000 ha, Earn In Agreement with South 32)• 5 Au-Cu-Mo porphyry targets• 4th field season in partnership with South32. Two drilling campaigns• District exploration to define additional drill targets• Includes Los Pumas Project outside Don Julio Cluster
Perk Rocky (10,475 ha)• 8 x 5km alteration zone• Advanced argillic alteration with transition to porphyry environment• Extensive Copper/Gold anomaly• At least three locations of outcropping porphyry mineralization
Copper Queen (2,864 ha)• Explored by Anaconda between 1968 and 1969• At least five Cu mineralized breccias• Porphyry system of at least 4.5 by 2km• No exploration field work since the Anaconda times
Rusty Peak (1,942 ha)• Large alteration zone• Advanced argillic and sericitic alteration reported by historical ASTER• Reported porphyry mineralization at the nearby K-showing• Favorable geology along the margin of a Cretaceous tonalite stock
Exploration Pipeline | 2024 Status
2024 Target Generation
~130,000 ha in Argentina ~15,000 ha in Canada
Drill Definition
Perk Rocky*, Copper Queen*, Rusty Peak*, Cerro Negro*, Potrerillos*
First Phase Drilling
Cerro Colorado* Tocata*
VALUE CREATIONDISCOVERY ZONE
Second Phase and Advanced Drilling
Punta Cana*, La Gringa*, Poposa*, Pyros*, Antena*
Resources
Margarita‘ SOLD in 2021
+ Skarn | * Porphyry | ‘ Epithermal Veins | ‘ Intrusive Related
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