Sable Resources Receives Drill Permit for Don Julio
Sable Resources Receives Drill Permit for Don
Julio
TORONTO
,
Aug. 16, 2018
/CNW/ - Sable Resources Ltd ("
Sable
" the "
Company
") (TSXV: SAE) is
pleased to inform that the company has received all necessary permitting required to drill the Don
Julio High-Sulphidation Gold Project located in San Juan Province,
Argentina
.
Don Julio
contains the
first 5 targets of 15 identified in the 35,000ha San Juan Regional exploration program. Sable has
engaged a civil engineering consultancy to assist with road and drill platform design and has
conducted site visits with several drilling companies experienced in Andean projects. Road and drill
platform construction is scheduled to begin following the end of the southern hemisphere winter in
September 2018
with drilling to begin in
October 2018
. Drilling will target mineralisation at depth
below the 2 by 2km
Esperanza
and 2km by
500m
Heaven Hill
gold anomalies.
Don Julio
will be the
second project drilled by Sable this year after the recent Margarita discovery in
Mexico
. More
detailed information on the Don Julio Project can be obtained from the Sable website
(sableresources.com)
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 greenfield 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.
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.
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.
SOURCE
Sable Resources Ltd.
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http://www.newswire.ca/en/releases/archive/August2018/16/c7827.html
%SEDAR: 00008665E
For further information:
Tom Obradovich, President & CEO,
[email protected], Tel (416) 985-7140; Or visit www.sableresources.com
CO: Sable Resources Ltd.
CNW 06:25e 16-AUG-18