| Announcement Date: | 2022-01-11 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Sable Resources Ltd. |
| Project name: | El Fierro |
| Location: | Argentina |
| Commodities: | Gold,Silver,Copper,Lead,Zinc |
| Highlight: | Drilling results incl. 5.6m @ 66.61g/t Ag, 1.26g/t Au, 0.33% Cu, 0.97% Pb, 0.65% Zn from 26.6m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | VANCOUVER, CANADA – January 11, 2022 – Sable Resources Ltd. (“Sable” or the “Company”) (TSXV:SAE | OTCQB:SBLRF) is pleased to announce the first batch of analytical results from the Company’s Phase II diamond drilling campaign at El Fierro Project. El Fierro is a historic artisanal silver-rich mining district located 250 km northwest of San Juan city. Sable completed the first drilling campaign ever conducted at El Fierro in May 2021 with a total of 3,278m in 25 drill holes, reporting multiple high-grade intercepts and the identification of >14.5 kilometres of veins. So far, Sable has drill tested portions of the Fierro Bajo, Fierro Alto, La Verde and Lagunitas vein systems. The current Phase II drill program commenced in late October 2021 and by mid-December had completed 3,630 metres in 31 drill holes. The campaign focuses on reconnaissance drilling to determine the full strike extension of the La Verde and Lagunitas vein systems and to confirm vertical continuity down to at least 250 metres. In addition, the Company is conducting some extra drilling on Fierro Bajo, and first pass drilling over other known veins. Sable has received results from the first 15 drill holes of the Phase II drill program, while 16 additional holes (322 samples) are currently being analyzed |
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