VANCOUVER, British Columbia, Sept. 19, 2024 (GLOBE NEWSWIRE) — Sable Resources Ltd. (“Sable” or the “Company”) (TSXV:SAE | OTCQB:SBLRF) is pleased to announce that it has received preliminary results from its ongoing exploration campaign at the Perk Rocky project in British Columbia.
Dr. Ruben Padilla, President and CEO of Sable, stated, “Sable’s team undertook a significant exploration program at Perk Rocky during the summer including extensive mapping and rock sampling augmenting historical sampling programs. This program has provided us with a better understanding of the geology of the project area and has broadly expanded the known mineralized Cu-Au-Ag footprint. We are working on completing the mapping and sampling work for this season, that will allow us to better understand the mineral system and its exploration potential.”
Figure 1. Location of historical samples vs Sable’s 2024 rock samples.
Highlights
Reprocessing and interpretation of historical VTEM data.
343 rock samples collected with 307 results received. All samples analyzed for Au, multielements and Terraspec.
Three months of mapping, rock sampling, and prospection.
Received results show values as high as 24.1% Cu, 560 g/t Au, and 591 g/t Ag.
Figure 2. Distribution of copper values at the Perk Rocky Project.
Geology Description
Sable’s ongoing geological work at the Perk Rocky project is reporting different styles of mineralization including a large footprint of Cu-Au-Ag anomalous sodic-calcic alteration found in outcrops, subcrops, and float altered to epidote, albite, garnet, magnetite, and chalcopyrite that have returned significant values of Cu-Au-Ag. Small zones with Au-Cu porphyry A-type veinlets in diorites, and low-angled quartz veins hosting pyrite, sphalerite, chalcopyrite that have returned strongly anomalous Au-Ag-Cu-Zn values.
From the 307 rock samples with results received, 90 samples returned values higher than 0.1% Cu ranging from <100 ppm Cu to a maximum of>24.1% Cu in a grab sample of quartz epidote vein with chalcopyrite and tennantite; 85 samples returned values higher than 0.1 g/t Au ranging from detection limit to an extremely high value of 560 g/t Au from a boulder of quartz vein with abundant sphalerite and 44 samples returned values higher than 5 g/t Ag with a maximum of 590 g/t Ag.100>
Figure 3. Distribution of gold results at the Perk Rocky project
Figure 4. Distribution of silver results at the Perk Rocky project
The Company is currently finishing the mapping work for this season and working on final mapping edits and interpretation of all data to define the next exploration steps. The Company notes that grab samples are selective by nature and therefore should not be understood as representative of the actual grades in the property. Table 1 below includes all samples with values >0.1% Cu along with some high-grade Au samples with low copper.
Table 1. Highlighted results from sampling at Perk Rocky Project.
Target
North
East
Elevation
Site
Ag (g/t)
Au (g/t)
Cu (ppm)
Zn (ppm)
BRITON
5741138
357063
2370
Float
356
4.94
241,000
30
PR
5741516
358462
2254
Outcrop
92
0.03
45,600
105
Pin
5740175
359738
2278
Outcrop
56.3
0.221
36,700
80
BRITON
5741112
356559
2452
Float
37
0.018
32,300
159
RYA
5739579
358605
2523
Outcrop
20.9
1.71
31,500
45
PR
5741687
358492
2277
Float
34.4
0.533
19,600
79
Pin
5739913
359631
2335
Float
51.9
9.69
19,450
36
BRITON
5741064
356725
2408
Float
5.76
0.162
17,750
169
BRITON
5741364
357277
2519
Outcrop
15
0.455
16,250
82
RYA
5740097
356236
2340
Outcrop
10.75
0.711
15,850
171
Perkins
5741778
358268
2211
Float
29.1
0.091
15,800
31
PR
5739864
356161
2525
Outcrop
37
4.67
15,800
12,200
Pin
5740501
359497
2119
Float
18.65
0.559
14,300
22
Pin
5740358
360071
2114
Outcrop
24
0.601
13,950
74
PR
5740483
359918
2045
Float
24.8
2.42
13,150
55
Pin
5740260
359821
2283
Outcrop
4.69
1.56
12,500
41
Pin
5740289
360061
2137
Float
2.84
0.5
12,250
45
BRITON
5741125
356666
2517
Dump
0.47
0.009
12,150
8,280
PR
5741160
355728
2655
Outcrop
7.64
0.314
12,100
115
BRITON
5741244
357234
2404
Float
9.12
0.018
11,700
22
PR
5741468
360696
2080
Outcrop
11
0.035
11,600
102
S BRITON
5739603
358183
2384
Outcrop
13.3
0.04
10,900
101
PR
5739866
356140
2530
Outcrop
21.4
13.6
10,550
13,350
Emerald Lake
5740032
359609
2263
Outcrop
6.12
0.52
9,830
16
RYA
5739547
358592
2420
Float
11.45
0.14
9,370
658
PR
5740486
359906
2038
Float
3.93
0.036
9,340
45
Pin
5740054
359795
2262
Outcrop
25.4
0.72
9,330
122
PR
5742564
359465
2085
Float
90.5
0.516
9,210
76
RYA
5739597
358633
2541
Float
8.29
0.418
8,440
72
Briton
5741521
356144
2774
Float
5.68
0.332
8,120
56
PR
5740403
360009
2097
Outcrop
3.42
0.046
7,970
55
PR
5741480
358410
2251
Outcrop
99
0.123
7,820
141
PR
5741812
360846
2040
Outcrop
5.64
0.005
7,650
204
RYA
5739661
357979
2459
Outcrop
7.69
3.26
6,750
142
Perkins
5741308
356191
2636
Float
5.1
0.086
6,730
101
Pin
5740397
359634
2347
Outcrop
5.89
0.586
6,710
47
RYA
5740243
359821
2263
Float
2.17
0.252
6,400
35
Pin
5740413
360015
2095
Outcrop
2.71
0.138
5,510
28
PR
5740086
359814
2267
Outcrop
10.45
0.204
5,380
129
Briton
5739955
357818
2330
Float
5.12
0.705
5,360
153
Briton
5741170
356225
2552
Float
5
0.007
5,060
81
Pin
5740066
359804
2277
Outcrop
10.1
0.942
4,960
139
BRITON
5740779
356407
2316
Float
2.54
0.117
4,010
72
Pin
5740430
359846
2104
Float
1.32
0.013
3,810
65
PR
5740213
359866
2251
Outcrop
3.21
2.46
3,600
40
PR
5739810
355504
2512
6.64
0.697
3,550
193
Pin
5740247
359771
2260
Outcrop
3.81
0.198
2,950
73
Pin
5740672
360157
1930
Float
1.15
0.032
2,730
56
RYA NORTH
5739933
357825
2279
Float
2.9
0.105
2,600
95
RYA NORTH
5739826
357932
2321
Outcrop
4.17
0.196
2,570
127
RYA
5739528
358518
2463
Subcrop
1.48
0.05
2,500
49
RYA NORTH
5739841
357932
2322
Outcrop
3.92
0.284
2,470
153
S BRITON
5739595
358240
2357
Outcrop
5.03
0.156
2,460
267
PR
5741037
355489
2616
Outcrop
1.92
0.154
2,360
158
RYA
5739564
358540
2496
Outcrop
8.32
0.306
2,350
50
BLUEBELL
5743805
358463
1962
Float
4.73
0.037
2,330
79
PR
5741547
358528
2248
Subcrop
3.16
0.013
2,260
93
Pin
5740428
359887
2082
Float
10.45
0.638
2,150
30
Pin
5740397
359734
2283
Outcrop
1.12
0.111
2,110
43
Pin
5740212
360416
2000
Float
0.42
0.088
2,100
88
Pin
5739799
359584
2351
Outcrop
2.38
0.734
2,050
29
Perkins
5741901
358024
2257
Float
0.96
0.008
2,000
52
RYA
5739664.166
358558.7961
2443.278
Outcrop
1.72
0.051
1,995
42
Briton
5740662
356495
2292
Float
0.68
0.033
1,895
63
ROCKY
5740666
354331
2526
Float
1.94
0.239
1,875
114
Pin
5739739
360107
2068
Subcrop
9.64
0.545
1,790
37
ROCKY
5740661
354309
2459
Float
1.1
0.12
1,665
83
Pin
5739861
359943
2228
Outcrop
0.63
0.105
1,635
55
Emerald Lake
5739821
359662
2310
Outcrop
0.94
0.138
1,580
60
Pin
5740395
359734
2219
Outcrop
0.94
0.064
1,565
40
Pin
5740310
360029
2149
Outcrop
1.13
0.131
1,520
35
Pin
5739643
359676
2256
Outcrop
1.54
0.162
1,505
90
Perkins
5741163
356222
2523
Float
1.73
0.015
1,485
83
Perkins
5741067
356348
2466
Float
3.25
0.206
1,475
287
Pin
5740202
360397
2013
Float
1.42
0.195
1,465
71
PR
5740228
355710
2280
Float
591
560
1,425
155,000
Emerald Lake
5739351
359555
2246
Outcrop
10
8.65
1,405
6
Pin
5741394
360448
2075
Subcrop
0.6
0.012
1,380
95
PR
5741315
355863
2690
Subcrop
1.01
0.036
1,355
48
BRITON
5741080
356707
2417
Float
0.36
0.009
1,350
2,770
Pin
5739989
360111
2156
Subcrop
2.72
0.465
1,305
71
RYA NORTH
5739841
357932
2322
Outcrop
2.06
0.102
1,290
133
Pin
5740702
360137
1923
Float
0.58
0.0025
1,240
24
Pin
5739858
360234
2057
Subcrop
0.7
0.209
1,235
71
BRITON
5740474
356321
2157
Outcrop
0.61
0.077
1,230
78
RYA
5739623
358688
2568
Outcrop
0.81
0.034
1,205
139
Perkins
5741067
356348
2466
Float
2.71
0.172
1,200
256
RYA LOW
5740411
357978
2122
Float
2.13
0.181
1,190
141
PR
5740788
355362
2617
Float
1.32
0.214
1,115
70
Pin
5740840
360029
1899
Float
0.8
0.036
1,105
223
RYA
5739976
356587
2351
Outcrop
0.63
0.021
1,090
49
RYA LOW
5739686.532
358409
2350
Float
2.66
0.105
1,020
18
BRITON
5741025
356587
2404
Float
20
0.389
832
14,350
RYA
5739510
357761
2383
Outcrop
0.96
0.35
736
95
PR
5739848
356135
2534
Outcrop
1.57
0.471
623
7,310
BRITON
5741072
356563
2429
Float
17.3
0.795
578
2,230
BRITON
5741127
356661
2518
Outcrop
4.39
2.9
412
348
BRITON
5741068
356907
2376
Float
2.88
1.985
377
388
BRITON
5740864
356499
2355
Float
2.71
1.14
313
235
BRITON
5741154
356544
2482
Outcrop
1.92
1.475
266
289
BLUEBELL
5743896
358579
1925
Float
0.37
0.634
147.5
11
PR
5741106
355678
2654
Outcrop
0.06
0.446
129.5
66
PR
5740119
355272
2392
Outcrop
0.72
0.868
102.5
281
SAMPLE PREPARATION AND QA/QC
Sample preparation for projects in British Columbia is carried out by ALS Minerals, at its facility located in Kamloops. Analyses are carried out at their laboratory in Vancouver. Sample preparation includes drying in an oven at a maximum temperature of 60°C, fine crushing of the sample to at least 70% passing less than 2 mm, sample splitting using a riffle splitter, and pulverizing a 250 g split to at least 85% passing 75 microns (code PREP-31). The samples contained in this press release were analyzed by methods Au-AA24 (Fire Assay Fusion and Atomic Absorption Spectrometry finish) and ME-MS61 (Four Acid Digestion with Mass Spectrometry finish); the latter one includes 48 elements (Al, Ag, As, Ba, Be, Bi, Ca, Cd, Ce, Co, Cr, Cs, Cu, Fe, Ga, Ge, Hf, In, K, La, Li, Mg, Mn, Mo, Na, Nb, Ni, P, Pb, Rb, Re, S, Sb, Sc, Se, Sn, Sr, Ta, Te, Th, Ti, Tl, U, V, W, Y, Zn, Zr). Both digestion methods dissolve most minerals but not all elements are quantitatively extracted in some sample matrices. ALS additionally collects a subsample from the coarse reject to be analyzed by Terraspec; spectral data is sent to AISIRIS Australia to be processed and interpreted.
Control samples (standards, blanks, and duplicates) are inserted systematically, and their results evaluated according to the Company protocols.
QUALIFIED PERSON
Luis Arteaga M.Sc. P.Geo., Vice President Exploration is the Company’s Qualified Person as defined by NI 43-101. He has reviewed and approved the technical information in this news release.
ABOUT THE PERK ROCKY PROJECT
The Perk Rocky project is located 200km west of Williams Lake in west central British Columbia. Perk Rocky is a Cu-Au early-stage porphyry project with multiple zones of mineralization. It comprises a large alteration zone of at least 8km by 5km and has the potential for a significant Cu-Au porphyry deposit. The characteristics of the project align with the Company’s technical expertise and strategy of exploring large Cu-Au assets in geologically endowed and well-established jurisdictions as British Columbia.
ABOUT SABLE RESOURCES LTD.
Sable is a well-funded junior grassroots explorer focused on the discovery of Tier-One new precious metal and copper projects through systematic exploration in endowed terranes located in favourable, established mining jurisdictions. Sable’s focus is developing its large portfolio of new Greenfields projects to resource level. Sable is actively exploring the San Juan Regional Program (163,969 ha) incorporating the Don Julio, El Fierro, and Los Pumas Projects in San Juan Province, Argentina; and the Perk Rocky Project (10,475ha), Copper Queen (5,966 ha), and Rusty Peak (1,942 ha) properties in British Columbia.
For further information, please contact:
Ruben Padilla, President & CEO at ruben.padilla@sableresources.com or +1 (520) 488-2520
Related link: sableresources.com
Neither the TSX Venture Exchange nor its Regulation Services Provider, as that term is defined in the policies of the TSX Venture Exchange, accepts responsibility for the adequacy or accuracy of this release.
CAUTION REGARDING FORWARD-LOOKING STATEMENTS
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on Sable’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. Although such statements are based on reasonable assumptions of Sable’s management, there can be no assurance that any conclusions or forecasts will prove to be accurate.
While Sable considers these assumptions to be reasonable based on information currently available, they may prove to be incorrect. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks inherent in the exploration and development of mineral deposits, including risks relating to changes in project parameters as plans continue to be redefined, risks relating to variations in grade or recovery rates, risks relating to changes in mineral prices and the worldwide demand for and supply of minerals, risks related to increased competition and current global financial conditions and the COVID-19 pandemic, access and supply risks, reliance on key personnel, operational risks, and regulatory risks, including risks relating to the acquisition of the necessary licenses and permits, financing, capitalization and liquidity risks.
The forward-looking information contained in this release is made as of the date hereof, and Sable is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
Infographics accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/283a53cd-7dea-435f-afbf-6a88ff5210bb
https://www.globenewswire.com/NewsRoom/AttachmentNg/24ff246f-361e-47d4-97c6-5f0b06938c15
https://www.globenewswire.com/NewsRoom/AttachmentNg/cfa2f96f-a4d7-4d51-a52a-f3ed85fba8b5
https://www.globenewswire.com/NewsRoom/AttachmentNg/42b73786-e34e-411d-b456-50dae2140215
The post Sable Receives Multiple Anomalous Cu-Au-Ag Results from the Perk Rocky Project in British Columbia appeared first on Invezz
