Sable Initiates Phase II Exploration at San Juan Regional Program
Sable Initiates Phase II Exploration at San Juan
Regional Program
TORONTO
,
Oct. 2, 2018
/CNW/ - Sable Resources (TSX.V: SAE) (the "Company" or "Sable") is
pleased to announce the initiation of Phase II exploration at the San Juan Regional Exploration
Program located in San Juan Province,
Argentina
. The 48,000ha San Juan Regional Program
contains fifteen (15) target areas and includes the Don Julio Project. Phase II exploration will
consist of geochemical sampling, detailed alteration and lithological mapping of anomalies outside of
the Don Julio project area. A total of six geologists will conduct exploration on ten advanced argillic
and silica spectral targets during the 2018-2019 Argentine summer field season. The phase II
program will be started in parallel to drill road and pad construction at Don Julio. Drilling is imminent
at Don Julio, on track to begin in the second half of October as planned.
"At Sable we are very cognizant of developing and maintaining our exploration pipeline." commented
Ruben Padilla
Vice President of Exploration at Sable Resources. "The initiation of Phase II work in
San Juan follows our systematic exploration methodology and ensures the advancement of our early
stage projects to drill stage as quickly and effectively as possible, ready for drilling in the 2019
Argentine Summer."
ABOUT THE SAN JUAN REGIONAL PROGRAM
The
San Juan
High-Sulphidation Exploration Program covers epithermal systems associated with the
Upper Miocene
Olivares
volcanic field, a likely continuation of the
El Indio
Gold Belt located at the
eastern margin of the Frontal Cordillera of
Chile
and
Argentina
. Sable controls more than 48,000
hectares where the company has identified 15 targets for follow-up reconnaissance work. The
Don
Julio
cluster comprises 5 of the 15 known targets. Sable completed Phase II work in 3 of the 5
targets of the
Don Julio
cluster and has recommended that two of them, Esperanza, and
Heaven Hill
advance to drilling (Phase III). Phase II work, including detailed mapping and sampling is
recommended for two of the other targets of the
Don Julio
Cluster,
Cuchilla
and
San Gabriel
.
During the 2018 summer field season Phase I – reconnaissance, started in four of the targets
located adjacent to the
Don Julio cluster
. Results from this limited reconnaissance work support
further follow-up on these additional targets
Lodo
,
Falla Lodo
,
San Gabriel
, and
Silver Valley
.
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.
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 to download multimedia:
http://www.newswire.ca/en/releases/archive/October2018/02/c1799.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 02-OCT-18