Sable Resources Ltd. announces that it has entered into an Investment Agreement along with an Equity Subscription Agreement with Osisko Gold Royalties Ltd. for total potential proceeds of $12.58 million . Sable believes that the Financing will provide the Company with the funding to progress its exploration objectives over its entire portfolio for the next 4 years. Pursuant to the Equity Subscription Agreement Osisko [...]
Sable Resources Ltd. announces that it has completed the distribution of 29,937,618 common shares of Talisker Resources Ltd. to shareholders of the Company. The distribution of the Talisker Shares was effected as a reduction in the stated capital of the common shares of the Company . The Return of Capital was approved by shareholders of the Company at the annual general and special meeting held on June 26, 2019 and the [...]
Sable Resources is pleased to announce the signing of an option agreement with Teck Peru S.A , a 100% subsidiary of Teck Resources Ltd., to acquire 100% interest in the Kirio Property. Kirio is contiguous to Sable's Scorpius Project located in the Miocene Gold Belt of Central Peru. Terms Subject to the Exchange's approval, Sable has an option to acquire 100% interest in the Property , subject to a Back-In Right and NSR [...]
Sable Resources Ltd.Sable Resources Ltd. is pleased to announce a drill permit has recently been received from the Mexican Government for the Vinata Project. With this permit together with the recently approved surface agreements with the local community, the Company is preparing an initial drill program to test the vertical continuity and mineral zoning along a section of the Vinata vein system where the veins are [...]
Sable Resources Ltd. announces that its shareholders and the board of directors of the Company have approved the distribution of 29,944,000 common shares of Talisker Resources Ltd. to shareholders of the Company The distribution of the Talisker Shares will be effected as a reduction in the stated capital of the common shares of the Company . The Return of Capital was approved by shareholders of the Company at the annual [...]
Sable Resources Ltd. announces that it has granted a total of 2,800,000 incentive stock options to certain officers, directors, employees and consultants of the Company pursuant to the Company's Stock Option Plan. Such options are exercisable at a price of $0.15 for a period of five years. The grant of options is subject to the approval and requirements of the TSX Venture Exchange. ABOUT SABLE RESOURCES LTD.: Sable is a [...]
Sable Resources Ltd. is pleased to announce the discovery of base metal skarn mineralisation at their Don Julio Project, San Juan Province, Argentina. The mineralisation can be traced for over one kilometre along strike and returned channel samples of up to 7.91% combined Zn-Pb over 1m and 4.97% Cu over 1m. Channel samples were taken perpendicular to the mineralised horizon and are considered to represent true width. Near [...]
Sable Resources Ltd. is pleased to announce the completion of the second round of drilling at the Margarita Silver Project, Chihuahua State, Mexico. The first drill program, consisting of 12 holes was completed in September 2018 and targeted the core of the Margarita structure, delineating a high-grade silver-dominated core encompassed by a lower-grade halo. The second round of drilling was initiated in February 2019 [...]
May 15, 2019 Sable Resources Ltd. is pleased to announce that it has closed the first tranche of a non-brokered private placement pursuant to which it has issued 5,753,333 units at a price of $0.15 per Unit to raise aggregate gross proceeds of approximately $863,000. Each Unit consists of one common share of the Company and one-half of one share purchase warrant . Each Warrant entitles the holder to acquire one [...]
Sable Resources is pleased to announce that the TSX Venture Exchange has accepted for filing documentation pertaining an agreement dated May 30th 2017, between Sable Resources Ltd. and Minas Guilloyna/Cia Minera la Perla, whereby the company can earn 100% right, title and interest in the Margarita Project located in Chihuahua State, Mexico. Under the terms of the agreement, the company may satisfy the $3,550,000 Canadian [...]
Talisker Resources Ltd. and Sable Resources Ltd. are pleased to announce that Talisker has completed the acquisition of Sable's mineral resource properties located in the Province of British Columbia and certain related assets . In connection with completion of the Transaction, Talisker has changed its name to "Talisker Resources Ltd.", consolidated its common share capital on a one-for-four basis , and has delisted from [...]
Sable Resources is pleased to announce a non-brokered offering of a maximum 10 million units priced at $0.15 consisting of one common share and one half of one common share purchase warrant. Each full purchase warrant will entitle the holder to acquire one additional common share of the company at an exercise price of $0.25 for a period of two years. The financing will close on or about April 16th 2019. The Company may [...]
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