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 [...]
Sable Resources is pleased to announce the drill results from drillholes M-DDH-19-24 from the company's active Stage II 19-hole drill program targeting the Margarita Vein and including the first exploration drillholes in four other veins identified at the Margarita Project, Chihuahua State, Mexico. Drillholes M-DDH-19-24 is located on the same section line as previously released deep drillhole M-DDH-18-03, approximately [...]
Sable Resources is pleased to announce the drill results from drillholes M-DDH-19-22 from the company's active Stage II 19-hole drill program targeting the Margarita Vein and including the first exploration drillholes in four other veins identified at the Margarita Project, Chihuahua State, Mexico. Drillholes M-DDH-19-22 is located on the same section line as previously released drillhole M-DDH-18-14 , north west of holes [...]
Sable Resources is pleased to announce the drill results from drillholes M-DDH-19-20 and M-DDH-19-21 from the company's active Stage II 19-hole drill program targeting the Margarita Vein and including the first exploration drillholes in four other veins identified at the Margarita Project, Chihuahua State, Mexico. Drillholes M-DDH-19-20 and M-DDH-19-21 were designed as infill holes between the section lines containing [...]
Sable Resources is pleased to announce the drill results from drillholes M-DDH-19-18 and M-DDH-19-19 from the company's active Stage II 19-hole drill program targeting the Margarita Vein and including the first exploration drillholes in four other veins identified at the Margarita Project, Chihuahua State, Mexico. Drillholes M-DDH-19-18 and M-DDH-19-19 were designed to explore the 500 m drill gap located between the [...]
Sable Resources is pleased to announce the first drill results from drillholes M-DDH-19-14 and M-DDH-19-15 from the company's active Stage II 19-hole drill program targeting the Margarita Vein and including the first exploration drillholes in four other veins identified at the Margarita Project, Chihuahua State, Mexico. Drillhole M-DDH-19-14 is the first of two infill holes midway between two previously released sections [...]
Company Also Announces Grant Of Stock Options Sable Resources is pleased to announce the completion of Phase II, drill target definition work at the Scorpius Project located in the Miocene Gold Belt of Peru. The exploration included detailed mapping of a 4 km2 area, collection of 49 rock samples that add to the 524 previous rock samples results provided by the tenement holder, and 4 kilometers of Induced Polarization [...]
Sable Resources reports that the company has received full assay results from the company's recently completed 11 drillhole, 3072m program at the Don Julio High-Sulphidation Gold Project located in San Juan Province, Argentina. Don Julio is one of 6 active or planned drill projects in the Sable portfolio for 2019. No significant results were intercepted. Sable will now take stock of results to plan a way forward at Don [...]