When looking for BIG deposits these days, you go to elephant country where previous exploration efforts are limited
This junior has a shotgun approach where they'll be drilling 4 projects this year, that have high odds of hitting an elephant
Almost trading at cash😳
/1
This junior has a shotgun approach where they'll be drilling 4 projects this year, that have high odds of hitting an elephant
Almost trading at cash😳
/1
Sable Resources is led by a highly experienced team that's no stranger to discoveries
$SAE.V
@ResourcesSable
They're looking for multi million tonnes deposits in well endowned jurisdictions in SA, currently San Juan
Second phase drilling 4 targets on 2 projects this year
/2
$SAE.V
@ResourcesSable
They're looking for multi million tonnes deposits in well endowned jurisdictions in SA, currently San Juan
Second phase drilling 4 targets on 2 projects this year
/2
At Don Julio they have a JV with major South32, who's spending $5 M for up to 7,000m
2 targets there: La Gringa & Punta Cana
On both they drilled porphyry style mineralisation, that later showed to be the edges of big IP and magnetic anomalies
Currently drilling the prize
/3
2 targets there: La Gringa & Punta Cana
On both they drilled porphyry style mineralisation, that later showed to be the edges of big IP and magnetic anomalies
Currently drilling the prize
/3
Then there's El Fierro, on trend and similar age rocks as Filo del Sol
A huge donut shaped magnetic anomaly where previous drilling and surface sampling found high grade silver
samples up to 17,500g/t AgEq
drills up to 4,381g/t AgEq
Deeper drilling hit porphyry style below
/4
A huge donut shaped magnetic anomaly where previous drilling and surface sampling found high grade silver
samples up to 17,500g/t AgEq
drills up to 4,381g/t AgEq
Deeper drilling hit porphyry style below
/4
The porphyry targets at El Fierro are Pyros and Antena
Both saw first pass drilling. Already seeing porphyry mineralisation over large widths that warrant more
Second round drilling will start at end of January and will zone in on better delineated targets based on Phase I
/5
Both saw first pass drilling. Already seeing porphyry mineralisation over large widths that warrant more
Second round drilling will start at end of January and will zone in on better delineated targets based on Phase I
/5
Sable has $17M CAD cash and will draw almost $5M from South32
Only $3.2M out of own pocket this season
Beside that, they own 3 NSR's they could capitalize
So no financing risk and currently trading at...
$28.5M
Way too cheap considering coming catalysts!
/6
Only $3.2M out of own pocket this season
Beside that, they own 3 NSR's they could capitalize
So no financing risk and currently trading at...
$28.5M
Way too cheap considering coming catalysts!
/6
Management discovered a combined 47Moz of gold, some of it by Sable itself as they spun out Talisker Resources and sold the Margarita project
They own 10%, just like Osisko Royalties. Sprott also on board
Along with South32, Big Boys see something the market doesn't YET
/end
They own 10%, just like Osisko Royalties. Sprott also on board
Along with South32, Big Boys see something the market doesn't YET
/end
Loading suggestions...