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 [...]
Sable Resources Ltd. is pleased to announce that it has received preliminary results from a newly discovered zone at El Fierro Project in San Juan, Argentina. The La Verde zone is located 3 km north of the Fierro Alto zone and 8 km north of Fierro Bajo where high-grade results were recently released by the Company. Ten samples were collected during this preliminary review from three well-defined structures . Individual [...]
Sable Resources Ltd. is pleased to announce that it has received new results from the Fierro Alto zone at the El Fierro project in San Juan Argentina. More than 1.2 km of veining was mapped at Fierro Alto, defining two parallel structures each outcropping for over 500 metres and three additional high-grade structures that will require further trenching for definition along strike. The Fierro Alto zone is located 6 km west [...]
Sable Resources Ltd. is pleased to announce that it has closed its previously announced and upsized "best efforts" private placement for total gross proceeds of approximately $9.9 million. The Offering was conducted by a syndicate of agents led by Sprott Capital Partners and included Haywood Securities Inc. In connection with the Offering, the Company has issued an aggregate of 65,914,707 units of the Company at a price [...]
Sable Resources Ltd. is pleased to announce that further to its press release of August 13, 2020, that due to significant interest in the private placement that the Company has agreed with Sprott Capital Partners LP as lead agent on behalf of a syndicate of one or more additional agents to increase the size of the "best efforts" private placement financing up to 60,000,000 units of the Corporation at a price of C$0.15 per [...]
Sable Resources Ltd. is pleased to announce that it has entered into an agreement with Sprott Capital Partners LP as lead agent, and, if applicable, on behalf of a syndicate of one or more additional agents in connection with a "best efforts" private placement financing of up to 33,333,334 units of the Corporation at a price of C$0.15 per Unit for aggregate gross proceeds of up to C$5 million. Each Unit will consist of [...]
Sable Resources Ltd. is pleased to announce that it has received additional results from El Fierro Bajo zone at its recently optioned El Fierro project in San Juan Argentina. Mapping and sampling has identified four discrete outcropping structures over a 2km by 500m footprint, open along strike in both directions. Veins A, B and C all returned assays over 1kg silver equivalent. Highlights of the new results are included [...]
Sable Resources Ltd. is pleased to announce that it has received first results from preliminary confirmation sampling at its recently optioned El Fierro project in San Juan Argentina. Results from the 14 samples collected during Sable's first field visit to the property returned high grades of Ag in excess of the 10,000g/t analytical detection limit, with Pb up to 6.42%, and Cu up to 1.6% at the Fierro Bajo zone and Ag up [...]
Sable Resources announces that the Company has appointed Kelso Cartwright as CFO. Mr. Cartwright has over 10 years of finance and accounting experience, focused on public and private financial reporting in both Canada and the US. He has been the Company's Controller since 2017 and was the former Corporate Controller for JDS Silver Inc., a private mining company that advanced from PEA to producer in three years and was [...]
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