PROJECTS
OUR STRATEGY IS DISCOVERY BY SYSTEMATIC EXPLORATION
Sable Resources is a well-funded junior grassroots explorer focused on the discovery of new precious metal projects through systematic exploration in endowed terranes located in favourable, established mining jurisdictions. Sables’ main focus is developing their large portfolio of new greenfield projects to resource stage utilizing their Upper Level Epithermal Strategy
Our Vision is to become one of the most successful grassroots explorers of the 21st century through the sustained implementation of sound scientific principles and systematic proven exploration techniques.
Phased Exploration Methodology
Sable Resources employs a phased exploration methodology that helps ensure that new discoveries are utilized to their full potential.
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Major Style Exploration by a Junior
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Proven Discovery Methodology
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No Project Recycling
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World Class Pipeline
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Clear Pathway to Drilling
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Clear Advance or Discard Criteria
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Experienced Knowledgeable Team
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High Risk Early Stage Already De-Risked
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The Sable Strategy
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Greenfield Projects
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El Fierro
Key Highlights
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- Historical Artisanal Mining District in San Juan
- Never Drilled
- High-Grade Ag-Pb-Zn ± Cu, Au
- Two well-defined zones: Fierro Bajo and Fierro Alto with additional high potential within the property
- Mining Friendly San Juan Province
- Option to Acquire 100%
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In early 2020 Sable signed two option agreements covering 6054 hectares controlling all the historically known mineralized areas at El Fierro. Structurally controlled high-grade Ag, Pb, Zn ± Cu, Au mineralization is hosted within Carboniferous metasediments and Miocene volcanic rocks.
Location
El Fierro Project is located in the San Juan province in Argentina; 120 km North of Sable’s Don Julio Project and 250 km NW of San Juan Capital city.
Deposit Geology
Two main zones have been identified at El Fierro: Fierro Bajo and Fierro Alto separated by 6 km of unexplored ground. Mineralization at Fierro Bajo occurs within four main NW structures forming a footprint of 2km by 500m; all the structures remain open in both directions. Mineralized structures exhibit sericite, silica and sulfide including pyrite, galena, chalcopyrite, and Sb sulphosalts. All veins strike NW parallel to the foliation of the hosting metasediments. At Fierro Alto mineralized structures are hosted within Carboniferous metasediments as well as within Miocene volcanics. Two main structures (Veins F and G) have been followed along strike for at least 1.2 km combined. Mineralized fault zones contain sericite, quartz, galena, sphalerite, chalcopyrite and arsenopyrite. Mineralization is characterized by high-grade Ag, Pb, Zn and includes significant values of gold, being this the main difference with Fierro Bajo. Three additional structures (Veins J, K, and L) were observed at just one location and will need trenching and additional follow-up along strike.
Exploration to Date
A preliminary recognition sampling was conducted right after signing the option agreement. Fourteen samples collected returned high grades of Ag in excess of the 10,000g/t analytical detection limit, with Pb up to 6.42%, and Cu up to 1.605% at the Fierro Bajo zone and Ag up to 360 g/t, Au up to 6.2g/t, Pb in excess of the 20% detection limit and Zn in excess of the 30% analytical detection limit at Fierro Alto zone. 11 of the 14 samples returned greater than 100g/t Ag.
Mapping and sampling on outcrops and accessible adits was then initiated at Fierro Bajo with results released on August 12. The sampling returned values as high as 1,859.65 g/t AgEq in grab samples and 1,726.03 g/t AgEq in channel sample over 0.25m. Similar work was performed at Fierro Alto collecting 89 rock samples with results released on September 15th, individual values up to 1070 g/t Ag; 3.57 g/t Au; 1.4% Zn; and multiple values between 5% and 20% Pb, including five with >20% Pb. Silver equivalent values reached up to 1,946.5 g/t AgEq in channel samples and 1,475.07 g/t AgEq from grab samples.
Sable is planning a 50 km GroundMag survey along with 30km of IP survey at Fierro Bajo to be initiated by Mid October. This geophysical work will support the drilling targeting; permitting is ongoing and the Company’s plan is to begin drilling at Fierro Bajo in February 2021.
Drilling
The El Fierro Project has never been drilled and Sable will start a 2000m campaign in February 2021 to test the main mineralized structures.
Status: Phase 2 exploration, Phase 1 Drilling
Margarita
Key Highlights
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- Low-Intermediate Sulphidation Epithermal Ag
- 7km of Outcropping Multiple Veins
- Chanel Sampling 100-900g/t Ag
- 1kg/t+ AgEq values in Drill Results
- Wide Vein Intercept Widths to over 12m
- Mining Friendly Chihuahua State in Mexico
- Adjacent to Sunshine Silver Los Gatos (256Moz AgEq) & Surrounded by Sunshine Claims
- Option to Earn 100%
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Acquired as part of Sable Resources Upper Level Epithermal Strategy the Margarita project is located on a claim totally encompassed by Sunshine Silvers’ claims associated with their Los Gatos discovery. Sable has signed an option agreement to obtain 100% of the project.
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Vinata
Key Highlights
- Grassroots Finding
- Not Previously Drilled
- Strong Pathfinder Indicators
- Low-Sulphidation Epithermal Au
- Mining Friendly Chihuahua State
- 100% Sable Owned
- Completed 43-101 technical report
- 7 Holes Completed
- Drilling Ongoing
The Vinata project is an advanced project generated by BlueJoint Resources as part of their extensive greenfields exploration program from 2012-2015. The silica textures observed and geochemical signature of low anomalies of Au, strongly anomalous As, Sb, Hg and Ba, and low Ag, Cu, Pb and Zn are characteristic of the upper levels of an epithermal system. Sable has 100% rights to the project.
El Escarpe
Key Highlights
- Grassroots Finding
- Strong Pathfinder and Gold Anomaly
- Low-Sulphidation Epithermal Au
- Centrally located in Queretaro state
- 100% Sable Owned
- Completed 43-101 technical report
- 3 RC drill holes completed by Radius. Best result 13 m of 0.7 g/t Au.
Located close to infrastructure in Querétaro state, the El Escarpe is an upper level epithermal system partially covered by unconsolidated sediments and basalts. By peering through windows in the cover Sable has identified two extensive mineralized zones which are anticipated to continue
Don Julio Cluster
Key Highlights
- Sable holds the rights to acquire 100% ownership of 58,629 hectares.
- 19 initial aster-mineral occurrence anomalies
- First 2 years work done over 9 of the 19 anomalies.
- The group of 9 anomalies is comprised in an area of 12×12 km called the Don Julio Cluster.
- Sable’s work has defined multiple large porphyry – epithermal systems within the Don Julio Cluster
- Potential for large Au-Ag–base metal deposits
- 6 targets ready to drill at the end of 2020
- Drill permits ready
- 59 km to Barrick’s Alturas deposit (8.9Moz inferred resource) as of December 2018
- 130 km to Barrick’s Veladero mine (2.5 MOz reserves; 1.8MOz resources) as of December 2018; plus past production
- Possible Extension of El Indio-Pascua District (50Moz+)
- Extensive Au, Ag, Cu, base metal surface anomaly
- Located in Argentina’s Mining Friendliest San Juan Province
- Option to Earn 100%
The Don Julio Au (Cu) project is situated on the eastern margin of the Cordillera Principal of Argentina and may represent the southern extension of the well-endowed El Indio-Pascua mineral belt which hosts 50Moz+ Au.
Mexico Regional
Sable Resources has mineral title over 39,414ha in the state of Chihuahua covering the 2 drill targets at Vinata and various other anomalies generated by stream sediments work. Some of these anomalies will see follow up work during 2020 to define potential new drill targets Sable Resources also controls 1.16 Mha in mineral applications over potential extensions or gaps within the Central Mexico Epithermal Mineral Belt. The entire surface of these mineral applications were covered with detailed stream sediments recognizing work, once these mineral applications receive title the Company will reduce tenements to cover the identified anomalies and proceed with phase 2 – target definition work.
Project Submissions
Please use the form below to submit your project to us for consideration. Please address your submission to Terence Harbort, VP Corporate Development.