Sable Resources Ltd. ("Sable" or the "Company") (TSXV:SAE |
OTCQB:SBLRF) is pleased to announce that it has received
preliminary results from its ongoing exploration campaign at the
Perk Rocky project in British Columbia.
Dr. Ruben Padilla, President and CEO of Sable,
stated, “Sable’s team undertook a significant exploration program
at Perk Rocky during the summer including extensive mapping and
rock sampling augmenting historical sampling programs. This
program has provided us with a better understanding of the geology
of the project area and has broadly expanded the known mineralized
Cu-Au-Ag footprint. We are working on completing the mapping
and sampling work for this season, that will allow us to better
understand the mineral system and its exploration potential.”
Figure 1. Location of historical samples vs
Sable’s 2024 rock samples.
Highlights
- Reprocessing and interpretation of
historical VTEM data.
- 343 rock samples collected with 307
results received. All samples analyzed for Au, multielements and
Terraspec.
- Three months of mapping, rock
sampling, and prospection.
- Received results show values as
high as 24.1% Cu,
560 g/t Au, and
591 g/t Ag.
Figure 2. Distribution of copper values at the
Perk Rocky Project.
Geology Description
Sable’s ongoing geological work at the Perk
Rocky project is reporting different styles of mineralization
including a large footprint of Cu-Au-Ag anomalous sodic-calcic
alteration found in outcrops, subcrops, and float altered to
epidote, albite, garnet, magnetite, and chalcopyrite that have
returned significant values of Cu-Au-Ag. Small zones with Au-Cu
porphyry A-type veinlets in diorites, and low-angled quartz veins
hosting pyrite, sphalerite, chalcopyrite that have returned
strongly anomalous Au-Ag-Cu-Zn values.
From the 307 rock samples with results received,
90 samples returned values higher than 0.1% Cu ranging from <100
ppm Cu to a maximum of 24.1% Cu in a grab sample
of quartz epidote vein with chalcopyrite and tennantite; 85 samples
returned values higher than 0.1 g/t Au ranging from detection limit
to an extremely high value of 560 g/t Au from a
boulder of quartz vein with abundant sphalerite and 44 samples
returned values higher than 5 g/t Ag with a maximum of 590
g/t Ag.
Figure 3. Distribution of gold results at the
Perk Rocky project
Figure 4. Distribution of silver results at the
Perk Rocky project
The Company is currently finishing the mapping
work for this season and working on final mapping edits and
interpretation of all data to define the next exploration steps.
The Company notes that grab samples are selective by nature and
therefore should not be understood as representative of the actual
grades in the property. Table 1 below includes all samples with
values >0.1% Cu along with some high-grade Au samples with low
copper.
Table 1. Highlighted results from sampling at
Perk Rocky Project.
Target |
North |
East |
Elevation |
Site |
Ag (g/t) |
Au (g/t) |
Cu (ppm) |
Zn (ppm) |
BRITON |
5741138 |
357063 |
2370 |
Float |
356 |
4.94 |
241,000 |
30 |
PR |
5741516 |
358462 |
2254 |
Outcrop |
92 |
0.03 |
45,600 |
105 |
Pin |
5740175 |
359738 |
2278 |
Outcrop |
56.3 |
0.221 |
36,700 |
80 |
BRITON |
5741112 |
356559 |
2452 |
Float |
37 |
0.018 |
32,300 |
159 |
RYA |
5739579 |
358605 |
2523 |
Outcrop |
20.9 |
1.71 |
31,500 |
45 |
PR |
5741687 |
358492 |
2277 |
Float |
34.4 |
0.533 |
19,600 |
79 |
Pin |
5739913 |
359631 |
2335 |
Float |
51.9 |
9.69 |
19,450 |
36 |
BRITON |
5741064 |
356725 |
2408 |
Float |
5.76 |
0.162 |
17,750 |
169 |
BRITON |
5741364 |
357277 |
2519 |
Outcrop |
15 |
0.455 |
16,250 |
82 |
RYA |
5740097 |
356236 |
2340 |
Outcrop |
10.75 |
0.711 |
15,850 |
171 |
Perkins |
5741778 |
358268 |
2211 |
Float |
29.1 |
0.091 |
15,800 |
31 |
PR |
5739864 |
356161 |
2525 |
Outcrop |
37 |
4.67 |
15,800 |
12,200 |
Pin |
5740501 |
359497 |
2119 |
Float |
18.65 |
0.559 |
14,300 |
22 |
Pin |
5740358 |
360071 |
2114 |
Outcrop |
24 |
0.601 |
13,950 |
74 |
PR |
5740483 |
359918 |
2045 |
Float |
24.8 |
2.42 |
13,150 |
55 |
Pin |
5740260 |
359821 |
2283 |
Outcrop |
4.69 |
1.56 |
12,500 |
41 |
Pin |
5740289 |
360061 |
2137 |
Float |
2.84 |
0.5 |
12,250 |
45 |
BRITON |
5741125 |
356666 |
2517 |
Dump |
0.47 |
0.009 |
12,150 |
8,280 |
PR |
5741160 |
355728 |
2655 |
Outcrop |
7.64 |
0.314 |
12,100 |
115 |
BRITON |
5741244 |
357234 |
2404 |
Float |
9.12 |
0.018 |
11,700 |
22 |
PR |
5741468 |
360696 |
2080 |
Outcrop |
11 |
0.035 |
11,600 |
102 |
S BRITON |
5739603 |
358183 |
2384 |
Outcrop |
13.3 |
0.04 |
10,900 |
101 |
PR |
5739866 |
356140 |
2530 |
Outcrop |
21.4 |
13.6 |
10,550 |
13,350 |
Emerald Lake |
5740032 |
359609 |
2263 |
Outcrop |
6.12 |
0.52 |
9,830 |
16 |
RYA |
5739547 |
358592 |
2420 |
Float |
11.45 |
0.14 |
9,370 |
658 |
PR |
5740486 |
359906 |
2038 |
Float |
3.93 |
0.036 |
9,340 |
45 |
Pin |
5740054 |
359795 |
2262 |
Outcrop |
25.4 |
0.72 |
9,330 |
122 |
PR |
5742564 |
359465 |
2085 |
Float |
90.5 |
0.516 |
9,210 |
76 |
RYA |
5739597 |
358633 |
2541 |
Float |
8.29 |
0.418 |
8,440 |
72 |
Briton |
5741521 |
356144 |
2774 |
Float |
5.68 |
0.332 |
8,120 |
56 |
PR |
5740403 |
360009 |
2097 |
Outcrop |
3.42 |
0.046 |
7,970 |
55 |
PR |
5741480 |
358410 |
2251 |
Outcrop |
99 |
0.123 |
7,820 |
141 |
PR |
5741812 |
360846 |
2040 |
Outcrop |
5.64 |
0.005 |
7,650 |
204 |
RYA |
5739661 |
357979 |
2459 |
Outcrop |
7.69 |
3.26 |
6,750 |
142 |
Perkins |
5741308 |
356191 |
2636 |
Float |
5.1 |
0.086 |
6,730 |
101 |
Pin |
5740397 |
359634 |
2347 |
Outcrop |
5.89 |
0.586 |
6,710 |
47 |
RYA |
5740243 |
359821 |
2263 |
Float |
2.17 |
0.252 |
6,400 |
35 |
Pin |
5740413 |
360015 |
2095 |
Outcrop |
2.71 |
0.138 |
5,510 |
28 |
PR |
5740086 |
359814 |
2267 |
Outcrop |
10.45 |
0.204 |
5,380 |
129 |
Briton |
5739955 |
357818 |
2330 |
Float |
5.12 |
0.705 |
5,360 |
153 |
Briton |
5741170 |
356225 |
2552 |
Float |
5 |
0.007 |
5,060 |
81 |
Pin |
5740066 |
359804 |
2277 |
Outcrop |
10.1 |
0.942 |
4,960 |
139 |
BRITON |
5740779 |
356407 |
2316 |
Float |
2.54 |
0.117 |
4,010 |
72 |
Pin |
5740430 |
359846 |
2104 |
Float |
1.32 |
0.013 |
3,810 |
65 |
PR |
5740213 |
359866 |
2251 |
Outcrop |
3.21 |
2.46 |
3,600 |
40 |
PR |
5739810 |
355504 |
2512 |
|
6.64 |
0.697 |
3,550 |
193 |
Pin |
5740247 |
359771 |
2260 |
Outcrop |
3.81 |
0.198 |
2,950 |
73 |
Pin |
5740672 |
360157 |
1930 |
Float |
1.15 |
0.032 |
2,730 |
56 |
RYA NORTH |
5739933 |
357825 |
2279 |
Float |
2.9 |
0.105 |
2,600 |
95 |
RYA NORTH |
5739826 |
357932 |
2321 |
Outcrop |
4.17 |
0.196 |
2,570 |
127 |
RYA |
5739528 |
358518 |
2463 |
Subcrop |
1.48 |
0.05 |
2,500 |
49 |
RYA NORTH |
5739841 |
357932 |
2322 |
Outcrop |
3.92 |
0.284 |
2,470 |
153 |
S BRITON |
5739595 |
358240 |
2357 |
Outcrop |
5.03 |
0.156 |
2,460 |
267 |
PR |
5741037 |
355489 |
2616 |
Outcrop |
1.92 |
0.154 |
2,360 |
158 |
RYA |
5739564 |
358540 |
2496 |
Outcrop |
8.32 |
0.306 |
2,350 |
50 |
BLUEBELL |
5743805 |
358463 |
1962 |
Float |
4.73 |
0.037 |
2,330 |
79 |
PR |
5741547 |
358528 |
2248 |
Subcrop |
3.16 |
0.013 |
2,260 |
93 |
Pin |
5740428 |
359887 |
2082 |
Float |
10.45 |
0.638 |
2,150 |
30 |
Pin |
5740397 |
359734 |
2283 |
Outcrop |
1.12 |
0.111 |
2,110 |
43 |
Pin |
5740212 |
360416 |
2000 |
Float |
0.42 |
0.088 |
2,100 |
88 |
Pin |
5739799 |
359584 |
2351 |
Outcrop |
2.38 |
0.734 |
2,050 |
29 |
Perkins |
5741901 |
358024 |
2257 |
Float |
0.96 |
0.008 |
2,000 |
52 |
RYA |
5739664.166 |
358558.7961 |
2443.278 |
Outcrop |
1.72 |
0.051 |
1,995 |
42 |
Briton |
5740662 |
356495 |
2292 |
Float |
0.68 |
0.033 |
1,895 |
63 |
ROCKY |
5740666 |
354331 |
2526 |
Float |
1.94 |
0.239 |
1,875 |
114 |
Pin |
5739739 |
360107 |
2068 |
Subcrop |
9.64 |
0.545 |
1,790 |
37 |
ROCKY |
5740661 |
354309 |
2459 |
Float |
1.1 |
0.12 |
1,665 |
83 |
Pin |
5739861 |
359943 |
2228 |
Outcrop |
0.63 |
0.105 |
1,635 |
55 |
Emerald Lake |
5739821 |
359662 |
2310 |
Outcrop |
0.94 |
0.138 |
1,580 |
60 |
Pin |
5740395 |
359734 |
2219 |
Outcrop |
0.94 |
0.064 |
1,565 |
40 |
Pin |
5740310 |
360029 |
2149 |
Outcrop |
1.13 |
0.131 |
1,520 |
35 |
Pin |
5739643 |
359676 |
2256 |
Outcrop |
1.54 |
0.162 |
1,505 |
90 |
Perkins |
5741163 |
356222 |
2523 |
Float |
1.73 |
0.015 |
1,485 |
83 |
Perkins |
5741067 |
356348 |
2466 |
Float |
3.25 |
0.206 |
1,475 |
287 |
Pin |
5740202 |
360397 |
2013 |
Float |
1.42 |
0.195 |
1,465 |
71 |
PR |
5740228 |
355710 |
2280 |
Float |
591 |
560 |
1,425 |
155,000 |
Emerald Lake |
5739351 |
359555 |
2246 |
Outcrop |
10 |
8.65 |
1,405 |
6 |
Pin |
5741394 |
360448 |
2075 |
Subcrop |
0.6 |
0.012 |
1,380 |
95 |
PR |
5741315 |
355863 |
2690 |
Subcrop |
1.01 |
0.036 |
1,355 |
48 |
BRITON |
5741080 |
356707 |
2417 |
Float |
0.36 |
0.009 |
1,350 |
2,770 |
Pin |
5739989 |
360111 |
2156 |
Subcrop |
2.72 |
0.465 |
1,305 |
71 |
RYA NORTH |
5739841 |
357932 |
2322 |
Outcrop |
2.06 |
0.102 |
1,290 |
133 |
Pin |
5740702 |
360137 |
1923 |
Float |
0.58 |
0.0025 |
1,240 |
24 |
Pin |
5739858 |
360234 |
2057 |
Subcrop |
0.7 |
0.209 |
1,235 |
71 |
BRITON |
5740474 |
356321 |
2157 |
Outcrop |
0.61 |
0.077 |
1,230 |
78 |
RYA |
5739623 |
358688 |
2568 |
Outcrop |
0.81 |
0.034 |
1,205 |
139 |
Perkins |
5741067 |
356348 |
2466 |
Float |
2.71 |
0.172 |
1,200 |
256 |
RYA LOW |
5740411 |
357978 |
2122 |
Float |
2.13 |
0.181 |
1,190 |
141 |
PR |
5740788 |
355362 |
2617 |
Float |
1.32 |
0.214 |
1,115 |
70 |
Pin |
5740840 |
360029 |
1899 |
Float |
0.8 |
0.036 |
1,105 |
223 |
RYA |
5739976 |
356587 |
2351 |
Outcrop |
0.63 |
0.021 |
1,090 |
49 |
RYA LOW |
5739686.532 |
358409 |
2350 |
Float |
2.66 |
0.105 |
1,020 |
18 |
BRITON |
5741025 |
356587 |
2404 |
Float |
20 |
0.389 |
832 |
14,350 |
RYA |
5739510 |
357761 |
2383 |
Outcrop |
0.96 |
0.35 |
736 |
95 |
PR |
5739848 |
356135 |
2534 |
Outcrop |
1.57 |
0.471 |
623 |
7,310 |
BRITON |
5741072 |
356563 |
2429 |
Float |
17.3 |
0.795 |
578 |
2,230 |
BRITON |
5741127 |
356661 |
2518 |
Outcrop |
4.39 |
2.9 |
412 |
348 |
BRITON |
5741068 |
356907 |
2376 |
Float |
2.88 |
1.985 |
377 |
388 |
BRITON |
5740864 |
356499 |
2355 |
Float |
2.71 |
1.14 |
313 |
235 |
BRITON |
5741154 |
356544 |
2482 |
Outcrop |
1.92 |
1.475 |
266 |
289 |
BLUEBELL |
5743896 |
358579 |
1925 |
Float |
0.37 |
0.634 |
147.5 |
11 |
PR |
5741106 |
355678 |
2654 |
Outcrop |
0.06 |
0.446 |
129.5 |
66 |
PR |
5740119 |
355272 |
2392 |
Outcrop |
0.72 |
0.868 |
102.5 |
281 |
SAMPLE PREPARATION AND
QA/QC
Sample preparation for projects in British
Columbia is carried out by ALS Minerals, at its facility located in
Kamloops. Analyses are carried out at their laboratory in
Vancouver. Sample preparation includes drying in an oven at a
maximum temperature of 60°C, fine crushing of the sample to at
least 70% passing less than 2 mm, sample splitting using a riffle
splitter, and pulverizing a 250 g split to at least 85% passing 75
microns (code PREP-31). The samples contained in this press release
were analyzed by methods Au-AA24 (Fire Assay Fusion and Atomic
Absorption Spectrometry finish) and ME-MS61 (Four Acid Digestion
with Mass Spectrometry finish); the latter one includes 48 elements
(Al, Ag, As, Ba, Be, Bi, Ca, Cd, Ce, Co, Cr, Cs, Cu, Fe, Ga, Ge,
Hf, In, K, La, Li, Mg, Mn, Mo, Na, Nb, Ni, P, Pb, Rb, Re, S, Sb,
Sc, Se, Sn, Sr, Ta, Te, Th, Ti, Tl, U, V, W, Y, Zn, Zr). Both
digestion methods dissolve most minerals but not all elements are
quantitatively extracted in some sample matrices. ALS additionally
collects a subsample from the coarse reject to be analyzed by
Terraspec; spectral data is sent to AISIRIS Australia to be
processed and interpreted.
Control samples (standards, blanks, and
duplicates) are inserted systematically, and their results
evaluated according to the Company protocols.
QUALIFIED PERSON
Luis Arteaga M.Sc. P.Geo., Vice President
Exploration is the Company's Qualified Person as defined by NI
43-101. He has reviewed and approved the technical information in
this news release.
ABOUT THE PERK ROCKY PROJECT
The Perk Rocky project is located 200km west of
Williams Lake in west central British Columbia. Perk Rocky is a
Cu-Au early-stage porphyry project with multiple zones of
mineralization. It comprises a large alteration zone of at least
8km by 5km and has the potential for a significant Cu-Au porphyry
deposit. The characteristics of the project align with the
Company’s technical expertise and strategy of exploring large Cu-Au
assets in geologically endowed and well-established jurisdictions
as British Columbia.
ABOUT SABLE RESOURCES LTD.
Sable is a well-funded junior grassroots
explorer focused on the discovery of Tier-One new precious metal
and copper projects through systematic exploration in endowed
terranes located in favourable, established mining jurisdictions.
Sable's focus is developing its large portfolio of new Greenfields
projects to resource level. Sable is actively exploring the San
Juan Regional Program (163,969 ha) incorporating the Don Julio, El
Fierro, and Los Pumas Projects in San Juan Province, Argentina; and
the Perk Rocky Project (10,475ha), Copper Queen (5,966 ha), and
Rusty Peak (1,942 ha) properties in British Columbia.
For further information, please contact:
Ruben Padilla, President & CEO at
ruben.padilla@sableresources.com or +1 (520) 488-2520
Related link: sableresources.com
Neither the TSX Venture Exchange nor its
Regulation Services Provider, as that term is defined in the
policies of the TSX Venture Exchange, accepts responsibility for
the adequacy or accuracy of this release.
CAUTION REGARDING FORWARD-LOOKING
STATEMENTS
Certain statements contained in this press
release constitute forward-looking information. These statements
relate to future events or future performance. The use of any of
the words "could", "intend", "expect", "believe", "will",
"projected", "estimated" and similar expressions and statements
relating to matters that are not historical facts are intended to
identify forward-looking information and are based on Sable’s
current belief or assumptions as to the outcome and timing of such
future events. Actual future results may differ materially.
Although such statements are based on reasonable assumptions of
Sable’s management, there can be no assurance that any conclusions
or forecasts will prove to be accurate.
While Sable considers these assumptions to be
reasonable based on information currently available, they may prove
to be incorrect. Forward-looking information involves known and
unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements to be materially
different from any future results, performance or achievements
expressed or implied by the forward-looking information. Such
factors include risks inherent in the exploration and development
of mineral deposits, including risks relating to changes in project
parameters as plans continue to be redefined, risks relating to
variations in grade or recovery rates, risks relating to changes in
mineral prices and the worldwide demand for and supply of minerals,
risks related to increased competition and current global financial
conditions and the COVID-19 pandemic, access and supply risks,
reliance on key personnel, operational risks, and regulatory risks,
including risks relating to the acquisition of the necessary
licenses and permits, financing, capitalization and liquidity
risks.
The forward-looking information contained in
this release is made as of the date hereof, and Sable is not
obligated to update or revise any forward-looking information,
whether as a result of new information, future events or otherwise,
except as required by applicable securities laws. Because of the
risks, uncertainties and assumptions contained herein, investors
should not place undue reliance on forward-looking information. The
foregoing statements expressly qualify any forward-looking
information contained herein.
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