Sable Defines Additional Targets within the Copper Queen Project in British Columbia
SABLE RESOURCES LTD.
900 – 999 West Hastings Street
Vancouver, British Columbia
V6C 2W2 Canada
TSXV | SAE OTCQB | SBLRF
Sable Defines Additional Targets within the Copper Queen Project
in British Columbia
VANCOUVER, CANADA – December 10, 2024 - Sable Resources Ltd. ("Sable" or the "Company")
(TSXV:SAE | OTCQB:SBLRF) is pleased to announce new results from several mineralized areas
within its 100% owned Copper Queen Project located in west-central British Columbia (“Copper
Queen” or the “Property”).
Highlights
• The Copper Queen Project area now covers 15,133 hectares and contains at least five separate
Cu targets: Breccias 1,2,3, Roof, Nogwon, Charlotte, and Breccia 4.
• Breccias 1,2,3 were identified by Anaconda in 1969. Roof, Nogwon, Charlotte, and mineralization
East of Breccia 4 , were not previously recorded, and are considered new discoveries made by
Sable during the 2024 summer exploration campaign.
• 234 rock samples have been collected by Sable throughout the Property and all results have been
received. A maximum value of 2.67% Cu is recorded.
• All the new targets will be subjected to additional fieldwork, including mapping, rock sampling,
soil sampling and geophysics, planned for summer, 2025.
Dr. Ruben Padilla, President and CEO of Sable commented, “We have seen a continuous growth of
our Copper Queen Project thanks to the active exploration work conducted by our geology team last
summer, defin ing multiple copper targets and associated molybdenum, silver, and gold
mineralization hosted by magmatic-hydrothermal breccias and highly fractured zones. Our present
targets are now contained within an area of 12km by 18km, and large areas of our present land
package have yet to be explored. We’re looki ng forward to returning to the field next summer, to
continue to advance these high-potential targets.”
Figure 1. Distribution of
Cu values from rock
sampling across the
Copper Queen Project
to date, revealing the
five exploration targets
discussed in text.
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New Target Description
Roof
The Roof target , located 3.5 km north of breccias 1,2 ,3, exhibit copper mineralization hosted in
foliated metavolcanic rocks. Chalcopyrite and malachite are disseminated along the foliation planes
and deposited along fractures. Outcropping mineralization is observed for approximately 420m
with the possibility extending to 610m. Of 17 samples collected, 13 returned values greater than
0.1% Cu, with a highest value of 2.67% Cu, 37.9 g/t Ag, and 0.19 g/t Au being recorded to date.
Figure 2. Distribution of
Cu values in rock
samples at the Roof
target.
Nogwon
The Nogwon target is located approximately 14.5km e ast from Breccias 1,2,3. Limited outcrop
exposed within a glaci al cirque reveals the presence of granite- hosted intrusion breccias with Cu
mineralization in the cement. Chalcopyrite is also observed in the granite within small cavities that
resemble miarolitic cavities, lined with the breccia-cement assemblage of quartz, calcite and chlorite.
Of 23 samples collected, nine returned values higher than 0.1% Cu with a maximum value of 1.25%
Cu, 20.8 g/t Ag, and 0.1 g/t Au being recorded to date. Out cropping mineralization is observed over
an area of 320m by 200m and is open in all directions , as outcrop around the cirque is generally
hidden by unconsolidated glacial moraine.
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Figure 3. Distribution of
Cu values in rock
samples at the Nogwon
target.
Charlotte
The Charlotte target is located 11.5km north of breccias 1,2, 3 and 28km southwest of the village of
Nimpo Lake. The target is road accessible from Highway 20 along the Charlotte Lake FSR. Colour
anomalies observed from satellite images coincide with quartz veins containing chalcopyrite.
Copper mineralization is also contained in skarn alteration along the contact of Jurassic granite with
fine grain hornfelsed sediments. A large zone with altered and oxidized boulders is located on the
eastern-most part of the target. A single sample collected from these boulders returned 0.27% Cu
and 41 ppm Mo. Another sample collected 440m to the east returned 880 ppm Mo , suggesting a
possible porphyry environment. Anomalous Cu values recorded to date are dispersed along an
approximately 1.4km east-west corridor.
Figure 4. Distribution of
Cu values in rock
samples at the Charlotte
target.
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Breccia 4
Breccia 4, located on the eastern side of McClinchy Lake, is one of the breccias originally discovered
by Anaconda in 1968. The target consists of granite clasts with sericite-pyrite cement. This breccia
reveals no Cu mineralization, but local molybdenite with values up to 131 ppm Mo is observed .
Exploration around the breccia revealed three zones containing Cu bearing veins located west, east,
and southeast of Breccia 4. Values recorded in these veins attain 0.68% Cu and 473 ppm Mo. All the
copper occurrences around B reccia 4 are contained within an area of about 3.7 km2. The area is
heavily covered and requires additional mapping and prospection.
Figure 5. Distribution of
Cu values in rock
samples at the Breccia 4
target.
Table 1. Selected results from new targets within the Copper Queen Project, not including previously
released samples. This table includes samples with values >0.1% Cu and some samples with <0.1%
Cu but with highly anomalous Ag, Au, and/or Mo (Coordinates in NAD83-Zone 10).
Sample North East Elevation Ag_ppm Au_ppm Cu_ppm Mo_ppm
K843734 5768708 334172 1880 34.6 0.173 26,700 5.71
K843718 5768866 334520 1967 37.9 0.194 16,550 4.54
K843721 5763740 350104 2003 20.8 0.104 12,550 17.35
K843733 5768698 334186 1882 4.85 0.011 7,800 2.76
K843748 5764473 340369 2011 11.2 1.94 6,810 2.88
K843726 5763144 339441 2062 8.49 0.078 5,880 473
K843590 5764831 338154 1805 44.5 0.762 5,550 26.6
K843747 5764510 340328 1967 1.02 0.181 5,520 38.3
K843749 5764473 340369 2011 7.91 1.02 4,910 1.97
K843692 5768811 334505 1959 4.89 0.046 4,590 3.63
K843731 5768777 334495 1931 5.56 0.066 4,480 6.78
K843714 5768204 338624 2030 6.92 0.253 4,140 12.3
K843682 5763705 350291 2044 1.15 0.048 4,000 2.43
K843732 5768681 334296 1851 3.72 0.015 3,910 2.7
K843629 5764515 340355 2036 6.84 0.621 3,800 3.2
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Sample North East Elevation Ag_ppm Au_ppm Cu_ppm Mo_ppm
K843722 5763730 350126 2002 5.69 0.063 3,540 1.55
K843695 5768675 334267 1853 3.14 0.016 3,190 3.65
K843736 5768725 334126 1911 2.64 0.099 3,040 1
K843529 5763717 350283 2172 11.45 0.079 2,980 2.28
K843275 5776847 335482 1839 19.75 0.056 2,940 1.07
K843737 5769114 334601 1999 9.21 0.119 2,800 1.72
K843691 5768799 334521 1967 8.5 0.088 2,730 1.82
K843572 5777004 336901 0 4.36 0.01 2,700 41.4
K843735 5768700 334179 1881 4.28 0.054 2,650 2.21
K843750 5764494 340379 1988 1.15 0.153 2,580 1.94
K843620 5763673 350099 2138 0.28 0.009 2,380 2.32
K843729 5768761 334513 1922 1.96 0.0025 2,380 6.77
K843581 5763870 350311 2037 1.72 0.02 2,100 2.04
K843276 5776849 335481 1838 2.43 0.007 2,070 27.2
K843684 5763666 350067 2143 0.09 0.0025 1,930 0.89
K843591 5764792 338247 1829 2.22 0.013 1,845 1.51
K843582 5763682 350131 2037 0.59 0.041 1,750 2.74
K843631 5764557 340504 2036 0.15 0.153 1,535 1.08
K843689 5762799 339259 2272 1.22 0.009 1,305 1.24
K843720 5763736 350122 2003 1.58 0.016 1,220 1.1
K843335 5776868 336473 1742 3.34 0.035 1,050 887
K843694 5768733 334175 1907 0.93 0.006 1,045 0.62
K843288 5764770 338205 1789 39.7 0.755 659 66.2
K843727 5763732 339334 2025 0.88 0.017 405 367
K843499 5768119 338897 2027 1.95 0.076 395 392
K843498 5768119 338897 2027 0.94 0.053 206 180
K843568 5776090 335527 2071 24.6 0.023 161.5 44.7
K843278 5776915 335454 1817 44.7 0.184 115 3.69
K843569 5776090 335527 2071 19.7 1.675 86.7 26
k843589 5764832 337813 1701 5.07 0.134 29.2 79.9
K843594 5764566 338683 1942 0.11 0.047 7.6 131
K843535 5764510 339681 0 3.81 2.76 1.2 1.72
SAMPLE PREPARATION AND QA/QC
Sample preparation for projects in British Columbia is carried out by ALS Minerals, at its facility
located in Kamloops with analyses 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 news 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
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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 COPPER QUEEN PROJECT
Copper Queen is located 225km west of Williams Lake in Central Western BC. Exploration work
conducted by Anaconda American Brass (“Anaconda”) between 1968 and 1969 shows the existence
of quartz feldspar porphyries and at least five mineralized breccias within a porphyry system of
approximately 4.5 km by 2km. Anaconda reported drilling 182m in two holes in 1969, however ,
Anaconda did not file detailed information about the drilling but reported grades from 0.2 to 0.3%
Cu in 6 to 25 met res intervals. Rio Tinto drilled two holes totaling 119m on the southern margin of
McClinchy Lake following a chargeability anomaly where Cu mineralization was observed but
the results were not significant. Minor sampling visits were conducted in 1982 and 1994, and a
900km VLF -EM and radiometric survey was conducted by Seaborne Minerals in 2011. No
exploration activity has been performed at Copper Queen since 2011 and no mapping since the
Anaconda times. Sable initially staked the Property in May 2024 and recently extended the Property
to 15,133 hectares.
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. Additionally, the Company
clarifies that the historical Anaconda work on the Property is used only a s a reference and that the
original Anaconda reports or data have not been found.
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 favorable,
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 Cerro Negro projects in San Juan Province, Argentina and
the Copper Queen (1 5,133ha), Rusty Peak (1,942 ha) , Copper Prince (3,980 ha) and the Core
Mountain (1,925 ha) properties in British Columbia.
For further information, please contact:
Ruben Padilla, President & CEO at [email protected] 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.
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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 forwa rd-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 recove ry 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, 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.