Sable Initiates Drilling at Don Julio Project
Sable Initiates Drilling at Don Julio Project
TORONTO
,
Oct. 31, 2018
/CNW/ - Sable Resources Ltd ("Sable" the "Company") (TSXV: SAE) is
pleased to announce that drilling has commenced at the Heaven Hill target, San Juan Province,
Argentina
. Heaven Hill is one of 5 active targets at the Don Julio Project, an extensive 5km by 5km
Miocene lithocap located in the Cordillera Frontal of Argentina.
A minimum of 6 diamond drillholes of up to 450 meters depth are planned at Heaven Hill to test a
2km by
500m
coincident alteration and gold in rock geochemical target (see Sable Press Release
September 20, 2018
). An additional 4 holes to the same depth will test the adjacent Esperanza
Target, a 2km by 2km coincident gold and alteration target.
Don Julio
is the final of three projects to be drilled by Sable this year. Neither the Heaven Hill nor
Esperanza targets have been previously drilled.
Further information, including a map of drill hole locations can be obtained from Sable's website (
sableresources.com
).
ABOUT THE DON JULIO PROJECT
The Don Julio Project is defined by an extensive 5km by 5km Miocene lithocap located in
the Cordillera Frontal of Argentina. The lithocap affects a package of fragmental volcanic rocks
intruded by dacitic domes and phreatic breccias associated with and affected by an advanced
argillic mineralizing event. A large anomalous precious metal footprint is coincident with the lithocap
and associated with the advanced argillic mineralizing event. Field evidence indicates that the erosion
level is high with high probability of preservation of a mineralized system. Sable is working in a
systematic way to model the hydrothermal up flow zones that will define drill targets at depth. Sable
believes Don Julio represents the southern extension of the prolific El Indio-Pascua Belt.
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 (35,000ha) 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.
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
SOURCE
Sable Resources Ltd.
View original content:
http://www.newswire.ca/en/releases/archive/October2018/31/c3421.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 08:00e 31-OCT-18