Sable Extends Margarita Vein Continuity to 750m Along Strike, Intersects 252.01g/t AgEq over 11.3m including 889.5g/t AgEq over 1.3m
Sable Extends Margarita Vein Continuity to
750m Along Strike, Intersects 252.01g/t AgEq
over 11.3m including 889.5g/t AgEq over 1.3m
TORONTO
,
Sept. 12, 2018
/CNW/ - Sable Resources (TSX.V: SAE) (the "Company" or "Sable") is
pleased to announce results from drillholes 9 to 12 targeting the Margarita Vein from its ongoing 12-
hole drill program at the Margarita Project, Chihuahua State,
Mexico
. Drillholes M-DDH-18-11 and
M-DDH-18-12 are a
250m
step-out to the northwest from previously released holes M-DDH-18-05
and M-DDH-18-07. Hole M-DDH-18-09 is located on the same section line than previously released
drillhole M-DDH-18-04. Drillhole M-DDH-18-10 is located on the same section line as previously
released drillholes DDH-18-06 and 08. These latest results confirm continuity of the Margarita
structure over a strike length of
750m
.
Highlights
M-DDH-18-09
111.5 g/t
AgEq over
6.5m
from
76.8m
to
83.3m
Including
153.1 g/t
AgEq over
3.5m
from
76.8m
to
80.3m
M-DDH-18-11
252.01 g/t
AgEq over
11.3m
from
57.35m
to
68.65m
Including
889.5 g/t
AgEq over
1.3m
from
62.75m
to
64.05m
M-DDH-18-12 – Interval 1
98.19 g/t
AgEq over
12.7m
from
34.6m
to
47.3m
Including
243.69
g/t
AgEq over
1.8m
from
35.85m
to
37.65m
Emerging Low-Grade Secondary Halo
In addition to the high-grade Margarita structure, Sable has identified a low-grade stockwork style of
mineralisation evident in numerous holes. Mineralized core from previous holes has been assayed
with encouraging results.
M-DDH-18-03
50.26 g/t
AgEq over
44.13
m from
128.12
m to
172.25
m
Including
142.3
g/t
AgEq over
6.95
m from
162.3
m to
169.25
m
M-DDH-18-07
53.97
g/t
AgEq over
7.6m
from
57.95
to
65.55
m
M-DDH-18-12
36.53
g/t
AgEq over
21.35m
from
140.3m
to
161.65m
"We are very pleased to have been able to identify this additional style of mineralization giving us a
secondary lower-grade target close to surface as well as the high-grade Margarita structure."
commented
Ruben Padilla
Vice President of Exploration for Sable. "With the first stage of drilling
now complete we will evaluate our results and formulate a plan for stage 2 drilling targeting further
extensions of Margarita and the other adjacent parallel veins"
ABOUT THE MARGARITA PROJECT
Acquired as part of Sable Resources Upper Level Epithermal Strategy, the Margarita Project is
located in the Satevó Municipality in Chihuahua state, approximately 120km SW of the state capital
of Chihuahua City, and 110km NNW of the historic Parral mining district. The Project is located 15km
northwest of Sunshine Silver Corp.'s Los Gatos Project, which hosts a 256 million ounces silver-
equivalent resource (Pyle. P (2018) Los Gatos Project: Epithermal silver, zinc lead discovery in
south Central Chihuahua.
Minera Plata Real
, Los Gatos Joint Venture Presentation). Hosted in
Eocene-Oligocene Volcanics, Margarita is defined by 4 veins; Margarita, El Caido, Juliana and Marie
on 2 claims totally encompassed by
Sunshine Silver
.
ABOUT SABLE RESOURCES LTD.
Sable is a well-funded junior grassroots explorer focused on the discovery of new precious metal
projects through systematic exploration in endowed terranes located in favorable, established mining
jurisdictions. Sables' main focus is developing their large portfolio of new greenfields projects to
resource stage utilizing their Upper Level Epithermal Strategy. Sable is actively exploring the San
Juan Regional Program (48,000ha) incorporating the Don Julio Project in San Juan
Province, Argentina, the Mexico Regional Program (1.5Mha), incorporating the Margarita, Vinata
and El Escarpe drill ready projects and the BC Intrusion Related Program, Canada (13,600ha)
incorporating the drill ready Tulox Project.
Sample Preparation and QAQC
Sample preparation was carried out by ALS Chemex de Mexico S.A. de C.V., a subsidiary of ALS
Minerals, at their laboratory at Chihuahua,
State of Chihuahua
, Mexico. Analyses were carried out at
their laboratory in
North Vancouver, British Columbia
, Canada. Sample preparation was by 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).
Gold was analyzed by fire assay of a 30 g sample split with detection by atomic absorption
spectrophotometer (AAS) (code Au-AA23). Multi-elements were analyzed by a four acid, near total
digestion of a 1 gram sub-sample with detection by inductively coupled plasma atomic emission
spectrometer (ICP-AES) for 33 elements (Ag, Al, As, Ba, Be, Bi, Ca, Cd, Co, Cr, Cu, Fe, Ga, K, La,
Mg, Mn, Mo, Na, Ni, P, Pb, S, Sb, Sc, Sr, Th, Ti, Tl, U, V, W, Zn) (code MEICP61).
This digestion method dissolves most minerals but not all elements are quantitatively extracted in
some sample matrices. Mercury was analyzed by aqua regia digestion, cold vapor extraction, and
AAS detection with a lower limit of detection of 0.01 ppm (code Hg-CV41), or by inductively coupled
plasma mass spectrometer (ICP-MS) with a lower limit of detection of 0.005 ppm (code Hg-MS42).
True widths are estimated to be 90% of the intercept based on vein to core angle. Detailed drill
results, location plan, and sections are available from the Sable website. Silver equivalent is
calculated based on
USD15
.50per Oz for Silver,
USD 0.95
per pound for Lead and
USD1.20
per
pound for Zinc and
USD1200
for gold, considering 100% recovery a (((Au_PPM*38.58)+
(Ag_PPM*0.498)+(Pb%*20.94)+(Zn%*26.46))/0.498).
Qualified Person
Luis Arteaga M.Sc.
P.Geo. Exploration Manager for Sable Resources and the Company's Qualified
Person as defined by NI 43-101 has reviewed and approved the technical information in this news
release.
We seek safe harbor
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Results Table
Hole ID
From
To
Length
(m)
Au
(ppm)
Ag
(ppm)
Pb
(ppm)
Pb (%)
Zn
(ppm)
Zn (%)
AgEq (ppm)
M-DDH-18-09
76.8
83.3
6.5
111.5*
Including
76.8
80.3
3.5
153.1*
76.8
78.3
1.5
0.023
106
467
0.0467
764
0.0764
113.80
78.3
78.8
0.5
0.116
188
1005
0.1005
1410
0.141
208.70
78.8
80.3
1.5
0.082
162
123
0.0123
965
0.0965
173.99
80.3
81.8
1.5
0.003
63.6
234
0.0234
980
0.098
70.02
81.8
83.3
1.5
0.008
51.8
212
0.0212
515
0.0515
56.04
M-DDH-18-11
57.35
68.65
11.3
252.01*
Including
62.75
64.05
1.3
889.5*
57.35
58.55
1.2
0.0005
101
365
0.0365
2550
0.255
116.12
58.55
60.2
1.65
0.038
247
746
0.0746
2740
0.274
267.64
60.2
61.6
1.4
0.0005
140
480
0.048
1620
0.162
150.66
61.6
62.75
1.15
0.0005
107
1085
0.1085
2140
0.214
122.97
62.75
63.25
0.5
0.013
674
1630
0.163
5860
0.586
713.00
63.25
64.05
0.8
0.048
951
3100
0.31
6040
0.604
999.85
64.05
65.65
1.6
0.027
212
1185
0.1185
4030
0.403
240.49
65.65
66.25
0.6
0.016
114
1230
0.123
3970
0.397
141.51
66.25
67.1
0.85
0.039
123
430
0.043
1780
0.178
137.29
67.1
67.75
0.65
0.002
51.4
297
0.0297
3870
0.387
73.37
67.75
68.65
0.9
0.015
110
941
0.0941
4260
0.426
137.75
M-DDH-18-12
34.6
47.3
12.7
98.19*
Including
35.85
37.65
1.8
243.69*
34.6
35.85
1.25
0.0005
43.3
130
0.013
316
0.0316
45.56
35.85
36.6
0.75
0.02
403
650
0.065
1320
0.132
414.30
36.6
37.1
0.5
0.0005
105
49.3
0.00493
757
0.0757
109.27
37.1
37.65
0.55
0.003
125
165.5
0.01655
1380
0.138
133.26
37.65
39.65
2
0.0005
71.5
160
0.016
1080
0.108
77.95
39.65
41.15
1.5
0.0005
96.1
133
0.0133
587
0.0587
99.82
41.15
42.7
1.55
0.0005
94.3
130
0.013
479
0.0479
97.43
42.7
44.2
1.5
0.0005
88.4
76.9
0.00769
351
0.0351
90.63
44.2
45.75
1.55
0.0005
58.8
28.8
0.00288
442
0.0442
61.31
45.75
47.3
1.55
0.0005
40.1
18.4
0.00184
190
0.019
41.23
M-DDH-18-12
140.3
161.65
21.35
36.53*
140.3
141.8
1.5
0.0005
14.85
88.2
0.00882
642
0.0642
18.67
141.8
143.35
1.55
0.002
25.3
136
0.0136
2510
0.251
39.36
143.35
144.85
1.5
0.003
34.2
36.9
0.00369
1600
0.16
43.09
144.85
146.35
1.5
0.003
21.6
33.4
0.00334
1020
0.102
27.39
146.35
147.85
1.5
0.009
16
50
0.005
621
0.0621
20.21
147.85
148.65
0.8
0.009
27.5
30.9
0.00309
367
0.0367
30.28
148.65
149.15
0.5
0.007
30.9
162
0.0162
449
0.0449
34.51
149.15
149.7
0.55
0.003
35.5
104
0.0104
763
0.0763
40.22
149.7
150.6
0.9
0.011
21
80.2
0.00802
605
0.0605
25.40
150.6
151.5
0.9
0.007
14.55
141.5
0.01415
1920
0.192
25.89
151.5
152.5
1
0.015
19.65
94.3
0.00943
1260
0.126
27.90
152.5
153.45
0.95
0.028
25
167.5
0.01675
1070
0.107
33.56
153.45
154.4
0.95
0.072
58.1
1320
0.132
1940
0.194
79.54
154.4
155.55
1.15
0.634
80.9
3030
0.303
2360
0.236
155.30
155.55
156.35
0.8
0.01
24.3
1725
0.1725
1100
0.11
38.17
156.35
157.85
1.5
0.002
15.45
180
0.018
857
0.0857
20.92
157.85
158.6
0.75
0.014
12.45
109
0.0109
584
0.0584
17.10
158.6
160.1
1.5
0.046
13.85
252
0.0252
727
0.0727
22.34
160.1
161.65
1.55
0.014
10.05
125
0.0125
597
0.0597
14.83
M-DDH-18-12
128.12
172.25
44.13
50.26*
128.12
129.57
1.45
0.0005
82.5
505
0.0505
1470
0.147
92.47
129.57
130.37
0.8
0.0005
29.6
206
0.0206
614
0.0614
33.77
130.37
131.53
1.16
0.0005
11.4
74.5
0.00745
404
0.0404
13.90
131.53
133.03
1.5
0.0005
6.53
37.6
0.00376
163
0.0163
7.59
133.03
134.53
1.5
0.0005
9.21
41.8
0.00418
279
0.0279
10.91
134.53
135.86
1.33
0.0005
18.45
90.8
0.00908
519
0.0519
21.63
135.86
137.4
1.54
0.0005
29.6
245
0.0245
882
0.0882
35.36
137.4
138.2
0.8
0.0005
32.9
169.5
0.01695
603
0.0603
36.86
138.2
140.05
1.85
0.0005
47.6
395
0.0395
641
0.0641
52.71
140.05
141.55
1.5
0.0005
27.6
305
0.0305
1080
0.108
34.66
141.55
142.05
0.5
0.0005
46.1
864
0.0864
1300
0.13
56.68
142.05
143.55
1.5
0.0005
51.5
213
0.0213
183
0.0183
53.41
143.55
144.8
1.25
0.0005
52.6
422
0.0422
2250
0.225
66.37
144.8
145.9
1.1
0.0005
11.5
197
0.0197
877
0.0877
17.03
145.9
147.4
1.5
0.0005
15.75
138
0.0138
734
0.0734
20.27
147.4
148.9
1.5
0.0005
3.68
8
0.0008
140
0.014
4.50
148.9
150.4
1.5
0.001
1.54
16.6
0.00166
133
0.0133
2.39
150.4
151.9
1.5
0.004
4.95
9.1
0.00091
131
0.0131
5.99
151.9
153.4
1.5
0.0005
35.2
194
0.0194
330
0.033
37.81
153.4
154.7
1.3
0.007
3.78
6.4
0.00064
98
0.0098
4.87
154.7
155.6
0.9
0.0005
8.44
81.1
0.00811
146
0.0146
9.60
155.6
157.1
1.5
0.017
24.4
425
0.0425
1430
0.143
35.10
157.1
158.6
1.5
0.048
36.2
475
0.0475
2850
0.285
57.06
158.6
160.1
1.5
0.011
17.1
399
0.0399
931
0.0931
24.58
160.1
160.95
0.85
0.044
62.3
254
0.0254
542
0.0542
69.66
160.95
162.3
1.35
0.0005
50.4
133
0.0133
108
0.0108
51.57
162.3
163.3
1
0.003
207
196
0.0196
50
0.005
208.32
163.3
164.3
1
0.002
223
304
0.0304
91
0.0091
224.92
164.3
165.8
1.5
0.0005
93.5
126
0.0126
21
0.0021
94.18
165.8
167.3
1.5
0.016
134
738
0.0738
69
0.0069
138.71
167.3
168.75
1.45
0.0005
101
254
0.0254
41
0.0041
102.32
168.75
169.25
0.5
0.042
101
1800
0.18
825
0.0825
116.21
169.25
170.75
1.5
0.0005
58.2
188
0.0188
160
0.016
59.88
170.75
172.25
1.5
0.0005
23.4
153.5
0.01535
45
0.0045
24.32
M-DDH-18-07
57.95
65.55
7.6
53.97*
57.95
59.55
1.6
0.0005
16.5
63.1
0.00631
855
0.0855
21.35
59.55
61
1.45
0.0005
21.2
65.1
0.00651
809
0.0809
25.81
61
62.15
1.15
0.0005
42.3
95.8
0.00958
565
0.0565
45.74
62.15
64.05
1.9
0.0005
103
384
0.0384
1090
0.109
110.44
64.05
65.55
1.5
0.0005
42.7
242
0.0242
1320
0.132
50.77
* Weighted average composites. All other intervals are actual results.
Samples used for selected highlighted higher-grade zones within the main reported interval
Margarita Project Section 06_08 (CNW Group/Sable Resources Ltd.)
Margarita Project Section 05_07 (CNW Group/Sable Resources Ltd.)
Margarita Project Section 04_09 (CNW Group/Sable Resources Ltd.)
Margarita Project Section 11_12 (CNW Group/Sable Resources Ltd.)
SOURCE
Sable Resources Ltd.
View original content to download multimedia:
http://www.newswire.ca/en/releases/archive/September2018/12/c4903.html
%SEDAR: 00008665E
For further information:
Tom Obradovich, President & CEO, [email protected], Tel (416)
985-7140; Or visit sableresources.com
CO: Sable Resources Ltd.
CNW 07:00e 12-SEP-18