Sable Receives 103 g/t Au at the Newly Discovered Los Pumas Project and Defines Kilometric Au-Ag-Cu System
Canada NewsWire
VANCOUVER , Jan. 12, 2021 /CNW/ - Sable Resources Ltd. ("Sable" or the "Company") (TSXV: SAE) (OTCQB: SBLRF) is pleased to announce the first results of early reconnaissance geochemical sampling from its new Los Pumas project located in San Juan Province, 21 km south of Sable's Don Julio project.
Discovered through systematic follow-up of a large scale ASTER spectral anomaly, Sable's geologists collected a total of 254 rock samples over an extensive 6km by 4km area returning multiple high-grade values of up to 103 g/t Au, up to 2,650 g/t Ag, and up to 2.9% Cu with 48 samples returning over 1 g/t gold equivalent.
Assay Highlights:
Sample E01779 - 105.961 g/t AuEq (103 g/t Au, 130 g/t Ag, 0.90% Cu) Grab sampleSample E13968 - 38.781 g/t AuEq (0.66 g/t Au, 2,570 g/t Ag, 2.81% Cu) Grab SampleSample E13967 - 36.864 g/t AuEq (0.577 g/t Au, 2650 g/t Ag, 0.70% Cu) Grab SampleSample E13807 - 28.638 g/t AuEq (0.506 g/t Au, 1935 g/t Ag, 1.70% Cu) Grab SampleSample E13945 - 17.654 g/t AuEq (11.05 g/t Au, 196 g/t Ag, 2.91% Cu) 0.2m ChannelSample E13805 - 15.183 g/t AuEq (11.95 g/t Au, 53.7 g/t Ag, 1.84% Cu) Grab SampleSample E13900 - 9.647 g/t AuEq (2.4 g/t Au, 399 g/t Ag, 1.41% Cu) 0.1m ChannelSample E13964 - 8.606 g/t AuEq (1.54 g/t Au, 423 g/t Ag, 1.04% Cu) 1m ChannelSample E14000 - 6.627 g/t AuEq (0.302 g/t Au, 472 g/t Ag, 0.02% Cu) 0.5m ChannelSample E13944 - 6.579 g/t AuEq (2.34 g/t Au, 28.9 g/t Ag, 2.81% Cu) 0.5m ChannelSample E13997 - 6.200 g/t AuEq (4.25 g/t Au, 143 g/t Ag, 0.03% Cu) 0.5m ChannelSample E01767 - 5.699 g/t AuEq (0.09 g/t Au, 145 g/t Ag, 2.68% Cu) Grab Sample
"Los Pumas represents a brand-new grassroots discovery with no previous sampling or drilling in the vicinity, a clear product of our systematic approach to greenfields exploration. We are greatly encouraged by the large number of well-mineralised samples across such a broad footprint identified in our first field visits to the area," stated Ruben Padilla , President and CEO of Sable, who added, "Additional work, including soil sampling, trenching, geophysics and road constructions, will be required to fully define the real magnitude and characteristics of the system."
Originally identified as a large-scale ASTER satellite image spectral anomaly (coincident Silica-Illite-Alunite±Kaolinite) located on the south-east part of the Company's properties (Figure 1), Sable's exploration team conducted field reconnaissance, observing extensive alteration, hosted within Permian granites and Paleozoic sandstones. The alteration shares characteristics with intrusion related and some IOCG systems consisting of sericite, K-feldspar, sheeted quartz veinlets, tourmaline veins and breccias. The mineralization observed consists of pyrite, chalcopyrite, tetrahedrite, and Cu oxides associated to the quartz and tourmaline veins and veinlets. The geochemical expression along with the observed alteration delineates a footprint of at least 6km by 4km in several mineralized clusters separated by mostly unexplored ground. Distribution of geochemical values in these zones are presented in Figures 2 to 5 with significant values shown in Table 1 below.
Sable is providing an opportunity for shareholders and other interested parties to participate in a Webinar to be held at 4 pm ET on Thursday, January 14 , 2021. To register, please click on the following link - https://zoom.us/webinar/register/WN_j34oL9iLScujEgGy2kFlFg .
Significant Values
Sample
Type
Size (m)
Au Eq (g/t)
Au (g/t)
Ag (g/t)
Cu (%)
E01779
Grab
105.961
103
130
0.90
E13968
Grab
38.781
0.66
2570
2.81
E13967
Grab
36.864
0.577
2650
0.70
E13807
Grab
28.638
0.506
1935
1.70
E13945
Channel
0.2
17.654
11.05
196
2.91
E13805
Grab
15.183
11.95
53.7
1.84
E13900
Channel
0.1
9.647
2.4
399
1.41
E13964
Channel
1
8.606
1.54
423
1.04
E14000
Channel
0.5
6.627
0.302
472
0.02
E13944
Channel
0.5
6.579
2.34
28.9
2.81
E13997
Channel
0.5
6.200
4.25
143
0.03
E01767
Grab
5.699
0.09
145
2.68
E13929
Grab
3.308
0.122
43.5
1.90
E13830
Grab
3.216
0.007
1
2.33
E13507
Float
3.208
0.178
73.5
1.50
E13928
Float
3.122
0.024
11.2
2.15
E13813
Channel
1
3.114
1.77
98.8
0.02
E01770
Float
2.759
0.104
109
0.88
E13935
Grab
2.742
0.307
99
0.81
E13552
Channel
0.4
2.690
0.144
118
0.71
E13990
Channel
1
2.497
1.135
99.5
0.03
E13831
Channel
2
2.399
0.843
91.8
0.24
E13933
Channel
1
2.320
0.124
82.4
0.80
E01771
Grab
2.303
0.019
82.3
0.87
E13806
Float
2.220
0.068
160
0.01
E13472
Grab
2.213
0.124
28.6
1.25
E13992
Channel
0.25
2.083
0.93
85
0.01
E13601
Channel
0.6
2.004
0.043
59.1
0.86
E01769
Grab
1.992
0.117
101
0.39
E01790
Grab
1.910
0.058
20.6
1.15
E13934
Float
1.863
0.098
21.8
1.08
E13551
Channel
1
1.804
0.578
76.4
0.15
E13936
Grab
1.768
0.085
24
0.99
E13932
Channel
1
1.659
0.095
31.6
0.83
E13839
Channel
2
1.640
0.013
14
1.05
E13832
Grab
1.581
0.17
14
0.89
E13525
Channel
0.1
1.468
0.098
97
0.06
E13852
Grab
1.433
0.031
19.5
0.83
E13989
Channel
0.15
1.341
0.594
54.7
0.01
E13963
Channel
1
1.323
0.317
5.9
0.68
E13838
Float
1.284
0.057
12.4
0.77
E01780
Grab
1.255
0.187
26.8
0.52
E13836
Channel
0.5
1.245
0.463
47.1
0.11
E13559
Float
1.187
0.027
22.7
0.63
E13555
Channel
0.5
1.171