Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Sable Resources Ltd V.SAE

Alternate Symbol(s):  SBLRF

Sable Resources Ltd. is a junior grassroots explorer focused on the discovery of tier-one new precious metal and copper projects through exploration in endowed terranes. It is exploring the San Juan Regional Program (approximately 163,969 hectares (ha)) incorporating the Don Julio, El Fierro, La Poncha, and Los Pumas Projects in the San Juan Province, Argentina; and the Mexico Regional Program incorporating the Vinata and El Escarpe projects. The Don Julio Au (Cu) project is situated on the eastern margin of the Cordillera Principal of Argentina and the Company holds the right to acquire 100% ownership of about 58,629 ha. It controls about 46,391 ha at El Fierro, covering all known mineralized areas and additional prospective ground. It controls about 18,114 ha at La Poncha, covering Poncha North and South as well as additional high-potential ground. The Los Pumas Project is located in the Department of Iglesia, province of San Juan, about 21 kilometers south of the Don Julio Cluster.


TSXV:SAE - Post by User

Post by KewlNewfon May 10, 2024 11:53am
71 Views
Post# 36033719

Upcoming Drill Season

Upcoming Drill SeasonIn the webinar, I believe Ruben mentions a possible 5,500m.
The last couple seasons have been spent zeroing in on the target and last year there was zero drilling.
A few properties have been discarded to tighten the belt but possible new acquisitions may be on the horizon.
Decisions have been made to put, seemingly, all focus on Don Julio as South32 is footing the bill.
Ruben mentions $11.4M cash still on the books.
Drilling will likely commence in Oct/Nov timeframe with results not coming back until the new year.

The results of the upcoming drill season will have the final word on whether the mgmt and team have done enough correct assessment to achieve good drilling results.

<< Previous
Bullboard Posts
Next >>