Sable Initiates Drilling at Tulox Project
Sable Initiates Drilling at Tulox Project
TORONTO
,
Oct. 11, 2018
/CNW/ - Sable Resources Ltd ("Sable" the "Company") (TSXV: SAE) is
pleased to announce that drilling has commenced at the Tulox Intrusion Related Gold Project located
in
British Columbia, Canada
. Tulox is the second of three projects to be drilled by Sable this year
and has not previously been drilled.
A minimum of 7 diamond drillholes of up to 400 meters deep for a total of 1800 meters are planned
at Tulox to test an initial 1.5km of the 2.5km gold in soil anomaly. The soil anomaly is defined by
numerous multi-line, multi-station values above 80ppb coincident with the contact of two felsic
intrusive bodies distinguished by differing Thorium-Potassium gamma ray spectrometer signatures.
The first drillhole, T-DDH-18-01 (Figure 1) will test a cluster of soil anomalies with values ranging
from 0.124g/t to 0.578g/t. Hole T-DDH-18-02 a 200-meter step-out along strike from the first hole
will test a cluster of soil anomalies ranging in value from 0.130g/t to 0.730g/t. Five of the remaining
holes will be systematic step outs from these initial holes testing the core 1km strike length of the
soil anomaly. The final planned hole will test the along strike continuity of the anomaly
500m
to the
SSE.
ABOUT THE TULOX PROJECT
The Tulox property is located in south-central
British Columbia
in the Clinton Mining Division and
consists of 18 contiguous mineral claims that encompass an area of 13640 hectares. The Tulox
project lies within the prolific Upper Triassic Quesnel terrane and is underlain by Nicola Group mafic
volcanic rocks intruded by Upper Triassic-Lower Jurassic aged intrusions. Mineralisation occurs
along the contact of the intrusive and is interpreted to be of Intrusion Related type (IRGS). Tulox is
drill ready with targets defined by an extensive gold in soil anomaly.
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 (13,640ha)
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
Tulox Gold Project Drillhole Locations (CNW Group/Sable Resources Ltd.)
SOURCE
Sable Resources Ltd.
View original content to download multimedia:
http://www.newswire.ca/en/releases/archive/October2018/11/c5142.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 11-OCT-18