PROJECTS
OUR STRATEGY IS DISCOVERY BY SYSTEMATIC EXPLORATION
OUR STRATEGY IS DISCOVERY BY SYSTEMATIC EXPLORATION Sable Resources Ltd 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. The drill projects Don Julio, El Fierro, Los Pumas, Vinata and El Escarpe lead this strategy, backed by a substantial early stage project pipeline in Argentina, and Mexico.
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.
Argentina Greenfields Projects
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El Fierro
Key Highlights
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- Historical Artisanal Mining District in San Juan
- Never Drilled or Explored in Modern Times before Sable
- High-Grade Ag-Pb-Zn ± Cu, Au epithermal veins
- Three well-defined zones: Fierro Bajo, Fierro Alto, and La Verde with additional high potential within the property
- Four well-defined zones: Fierro Bajo, Fierro Alto, La Verde, and Lagunitas with additional high potential within the property
- First Drilling Campaign completed during Q1-Q2 2021. 3,278m in 25 holes
- Mining Friendly San Juan Province
- Option to Acquire 100%
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Sable currently controls 46,391 hectares at El Fierro covering all the historically known mineralized areas and additional highly prospective ground.
READ MORE ABOUT THE EL FIERRO PROJECT HERE
Don Julio Cluster
Key Highlights
Key Highlights- Vast alteration system on Miocene and Permian rocks
- Sable and South32 recently signed an Earn-in Agreement to jointly explore the Don Julio Project
- Nine drill-ready targets within a 12 by 12 km forming the Don Julio Cluster.
- Don Julio Cluster targets include Au-Cu porphyry, IS-HS epithermal, and skarn with extensive Au, Ag, Cu, base metal surface anomaly
- Drill permits ready
- 59 km to Barrick’s Alturas deposit
- 130 km to Barrick’s Veladero mine
- Mining Friendly San Juan Province
- Additional exploration potential out of the cluster in regional targets
The Don Julio Au (Cu) project is situated on the eastern margin of the Cordillera Principal of Argentina. Sable holds the rights to acquire 100% ownership of 58,629 hectares.
Los Pumas
Key Highlights
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- Most recent Greenfields Discovery by Sable’s team
- 21 km south of the Don Julio Cluster
- Au-Ag-Cu Mineralization. Combination of High-Grade and Low-Grade Styles
- Rock Samples up to 103 g/t Au, 2,650 g/t Ag, and 2.9% Cu
- 6km by 4km mineralization footprint
- Additional exploration planned for Q3-Q4 2021, funded by South32 Exploration Agreement
- Mining Friendly San Juan Province
- Option to Acquire 100%
La Poncha
Key Highlights
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- Miocene Porphyry – Epithermal Center
- Previously Explored by Teck in 2006 and Genesis Metals in 2012
- Two main mineralized zones: Poncha North (Au-cu porphyry) and Poncha South (IS Epithermal and Au-Cu porphyry)
- Drilling scheduled for Q4 2021
- Mining Friendly San Juan Province
- Option to Acquire 100%
Sable currently controls 18,114 hectares at La Poncha covering Poncha North and South as well as additional high-potential ground
Mexico Greenfields Projects
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Vinata
Key Highlights
- Grassroots Finding
- Never Drilled before Sable
- Low-Sulphidation Epithermal Au
- Mining Friendly Chihuahua State
- 100% Sable Owned
- Completed 43-101 Technical Report
- 10 Holes Completed in 2019 Drilling campaign
- Second Drilling Campaign Ongoing
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The Vinata project is an early-stage 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
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- Grassroots Finding
- Strong Gold and Pathfinder 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.
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Located close to infrastructure in Querétaro state, the El Escarpe is an upper level epithermal system partially covered by post-mineral sediments and basalts. By peering through windows in the cover Sable has identified two extensive mineralized zones which are anticipated to have lateral and vertical continuity