Sable Resources Ltd. is pleased to announce a new drilling campaign at its El Fierro project, specifically targeting the recent Pyros Cu-Au-Mo porphyry discovery, as outlined in previous press releases. The upcoming campaign will consist of 3,500m of core drilling, extendable to 5,000m, based upon results . The Company will soon commence camp preparation, aiming to initiate drilling in late October. Dr. Ruben Padilla [...]
Sable Resources Ltd. is pleased to announce that the Company has received $5 million from OR Royalties Inc. in connection with the TDG Gold Corp. royalty sold by Sable to OR, as announced on April 24, 2025. The $5 million payment was made pursuant to the terms of the Sable-OR Investment Agreement , and to the recent announcement by TDG, pertaining to drill results at its Greater Shasta-Newberry project. These results [...]
Sable Resources Ltd. is pleased to announce that the Company has completed a VTEMTM time-domain geophysical survey at its Copper Queen project in British Columbia . Highlights The survey consisted of 535 line-kilometres covering two of the main targets, Breccias 1-2-3 and Roof, and additionally covered part the Breccia 4 target area . Results of the survey show conductive and magnetic features at depth, directly below [...]
Sable Resources Ltd. announces that South32 Aluminum Pty Ltd has terminated the Earn-In Agreement dated January 28, 2021, and Sable remains 100% in control of the Don Julio project, located in San Juan, Argentina. Ruben Padilla, Sable's President and CEO, stated: "We truly appreciate the support of South32 in the advancement of the Don Julio project over the past four years. South32 funded 12,717 metres of reconnaissance [...]
Sable Resources Ltd. announces that further to the Company's news release of July 2, 2025, it has closed its non-brokered private placement with Moxico Resources plc raising gross proceeds of C$1,749,000 through the issuance of 31,800,000 common shares at a price of C$0.055 per Share . As a result of the Private Placement, Moxico owns 31,800,000 Shares, which represent approximately 9.9% of Sable's issued and outstanding [...]
Sable Resources Ltd. is pleased to announce that Moxico Resources plc has agreed to acquire a 9.9% ownership stake in the Company through the purchase of 31,800,000 common shares at C$0.055 per Share for a total subscription of C$1,749,000 , subject to the terms and conditions of a subscription agreement entered into between the Company and Moxico on the date hereof . Moxico is an unlisted public mining company [...]
Sable Resources is pleased to announce results from three of four holes drilled from Feb to April 2025 at the Pyros porphyry system, within the El Fierro Project in San Juan province, Argentina. The drilling campaign was funded by Moxico Resources in accordance with the Letter Agreement signed between the Company and Moxico on Feb 27, 2025. Drilling Highlights FZ-DH-25-92 20.0m of 0.58% Cu, 0.3 g/t Au, 0.13% Mo from 320.0 [...]
Sable Resources is pleased to announce that the Company has entered into an Investment Agreement, Royalty Agreement and Assignment Agreement with Osisko Gold Royalties for potential proceeds of up to $10.8 million. Pursuant to the terms of the Royalty Sale Agreements, Sable has assigned its interest in a number of existing royalty agreements on BC properties, including certain properties held by TDG Gold, Cassiar Gold and [...]
Sable Resources is pleased to announce that the Company and its wholly-owned subsidiary, Sable Argentina, have signed a binding letter agreement with Moxico Resources, granting Moxico an exclusive option to acquire 51% of the Company's El Fierro Project and Cerro-Negro Property, subject to certain exploration and expenditure terms as more fully described below. Letter Agreement The Letter Agreement grants Moxico an option [...]
Sable Resources is pleased to announce the results from its first field review of the 100% owned Core Mountain property. Highlights Core Mountain is located in the prolific Ootsa Lake region, 25km south of the past producer Huckleberry mine owned by Imperial Metals. The Property consists of 1,925 ha 100% owned by Sable. It was staked by Sable in early 2024 as part of the Company's regional target generation work. There [...]
Sable Resources is pleased to announce geochemical results and field observations from its 100% owned Copper Prince property. Highlights Copper Prince is located 13km northeast of Princeton, within a very prolific mineral district containing important operating and historic mines. Hudbay Mineral's Copper Mountain mine is located 25km to the southwest, the past producing Brenda Mine, 40km to the northeast, and the Elk Gold [...]
Sable Resources is pleased to announce new results from several mineralized areas within its 100% owned Copper Queen Project. Highlights The Copper Queen Project area now covers 15,133 hectares and contains at least five separate Cu targets: Breccias 1,2,3, Roof, Nogwon, Charlotte, and Breccia 4. Breccias 1,2,3 were identified by Anaconda in 1969. Roof, Nogwon, Charlotte, and mineralization East of Breccia 4, were not [...]