VANCOUVER, BC, March 15, 2021 /CNW/ - Sable Resources Ltd. is pleased to announce the appointment of Francisco "Barry" Quiroz to the Company's board of directors. Mr. Quiroz has been appointed as the nominee of Osisko Gold Royalties Ltd., in accordance with OGR's nomination rights under the Investment Agreement entered into between the Company and OGR on August 28, 2019. Mr. Quiroz is currently the President of Sapuchi [...]
Sable Resources Ltd. is pleased to announce that further to the Company's press release dated January 28, 2021, the Company has received TSXV approval for the Earn-In Agreement between the Company and its wholly-owned subsidiary, Olivares and a wholly-owned subsidiary of South32, to jointly explore the Don Julio Project located in San Juan Province. As such the Company has finalized the EIA. In connection with the [...]
Sable Resources Ltd. is pleased to announce that it has received new results from vein extensions and newly identified structures at the La Verde zone located on the El Fierro Project . El Fierro is a historical artisanal silver-rich mining district located 250 km northwest of San Juan city and 120 km of Sable's Don Julio Project. Sable is currently advancing the first drill campaign ever conducted on the property. Key [...]
VANCOUVER, BC, Feb. 9, 2021 /CNW/ - Sable Resources Ltd. is pleased to announce that it has started its drilling campaign at El Fierro Project in San Juan, Argentina. El Fierro is a historical artisanal silver-rich polymetallic vein mining district located 250 km northwest of San Juan city and 120 km from Sable's Don Julio Project. Sable will be the first company to drill the project. "We are very excited to be the first [...]
Sable Resources Ltd. is pleased to announce that the Company and its wholly-owned subsidiary, Olivares S.A. , have signed an earn-in agreement with a wholly-owned subsidiary of South32 Limited , to jointly explore the Don Julio Project located in San Juan Province, Argentina . The Project comprises a 58,000 hectare land package containing several Cu-Au porphyry, Ag-Au epithermal, and polymetallic skarn targets, which were [...]
Sable Resources Ltd. 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 [...]
Sable Resources Ltd. is pleased to provide an exploration update and to announce that the Company has received all necessary permitting required to drill at its high-grade polymetallic El Fierro Project in San Juan, Argentina. Following the completion of ongoing detailed mapping, soil sampling and geophysical programs, Sable plans to drill 10,000m at El Fierro in two 5,000m stages beginning in February 2021. Four [...]
Sable Resources Ltd. is pleased to announce the Company and Exploraciones Sable, S. de R.L. de C.V., a wholly-owned subsidiary of the Company , have completed the sale of its option to acquire the Margarita Silver Project, located in Chihuahua State, Mexico, to Molimentales del Noroeste, S.A. de C.V., a subsidiary of Magna Gold Corp. . In exchange for acquiring the option rights to the Margarita Silver Project, the [...]
Sable Resources Ltd. is pleased to announce that it has expanded its land position at El Fierro Project from initial 6,054 hectares to 46,391 hectares. Through the signing of two option agreements with arm's length parties in Argentina, Sable has added a group of ten claims comprising 36,131 hectares of strategic ground surrounding El Fierro project; additionally the company has staked 4,206 hectares of open ground west [...]
Sable Resources Ltd. is pleased to announce the Company and Exploraciones Sable, S. de R.L. de C.V. , a wholly-owned subsidiary of the Company, have entered into an Option Acquisition Agreement with Magna Gold Corp. and Molimentales del Noroeste, S.A. de C.V. , a subsidiary of Magna, for the sale of the option agreement on the Margarita Silver Project, located in Chihuahua State, Mexico . In exchange for acquiring the [...]
Sable Resources Ltd. is pleased to announce that Osisko Gold Royalties Ltd. has exercised its right to acquire a second 1% net smelter return royalty through the payment of $5.5 million pursuant to the Royalty Purchase Agreement entered into between the Company and Osisko in September 2019, and as amended on October 13, 2020. The NSR will extend to all minerals produced from the Company's current properties, as well as [...]
Sable Resources Ltd. announces that it has granted an aggregate of 4,050,000 options to purchase common shares of the Company to directors, officers, employees and consultants in accordance with the Company's stock option plan. The options granted are exercisable at $0.20 for a period of five years. ABOUT SABLE RESOURCES LTD. Sable is a well-funded junior grassroots explorer focused on the discovery of new precious metal [...]