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Sable Resources Ltd SBLRF


Primary Symbol: V.SAE

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. The Company is exploring the San Juan Regional Program (approximately 163,969 hectares (ha)) incorporating the Don Julio, El Fierro, 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 69,000 ha. It controls about 75,000 ha at El Fierro, covering all known mineralized areas and additional prospective 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. The Company is also exploring Perk Rocky, Copper Queen and Rusty Peak properties in Canada.


TSXV:SAE - Post by User

Comment by Teakboison Feb 16, 2021 3:48pm
48 Views
Post# 32576304

RE:Herrlich......beautiful

RE:Herrlich......beautifulernesto.....you have some really high expectations at $30 a share for just one mining project!! Lets be realistic.

The company has the land rights to a huge amount of property in three locations. This is much more of a story than a single mine!  I think the short term potential is a realistic 10 bagger. Much development work will have to be done on the other properties to evaluate their potential. As always with explorers, what kind of dilution will share holders be looking at? No matter how successful a project develops, dilution can destroy share price. Its too early to say exactly what the economics will be, but things are progressiing and project definition is taking shape.

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