Sable Resources Ltd. (TSXV: SAE) (OTCQB: SBLRF) is pleased to announce that it has received results from key drill holes confirming the continuity of the La Verde Vein, located on the El Fierro Project, for at least 1,100m along strike. Surface samples indicate that the La Verde Vein remains open in both directions. El Fierro is an 8.5 by 5.5 kilometre historical artisanal silver-rich mining district located 250 kilometres northwest of San Juan city and 120 km north of Sable’s Don Julio Project. In early February, Sable started the first drill campaign ever conducted at the Project testing the four known mineralized zones: Fierro Bajo, Fierro Alto, La Verde, and Lagunitas.
Highlighted intercepts from pending drill holes targeting La Verde Vein:
“From our early surface work at La Verde we were able to identify indications of the La Verde Vein for over 1500m along strike. Now with these drill holes we have confirmed the structure and associated mineralization at depth for 1,100 metres along strike,” stated Dr. Ruben Padilla, Sable’s President and CEO, who added, “La Verde is proof of the underexplored nature and great mineral potential of the El Fierro Project area. We’re already planning our next drilling campaign which will test the vein farther along strike and at depth.”
A full list of drill intercepts received is presented below:
|Table 1 – Anomalous Intercepts from Reported Holes|
|Hole||From||To||Interval (m)||AgEq (g/t)||Ag (g/t)||Au (g/t)||Cu (%)||Pb (%)||Zn (%)|
Drill holes are planned perpendicular to known structures and most of the intercepts represent between 80% and 100% true width; in some cases the drill holes intercept additional structures, for which true width is not necessarily known. Trenches are excavated to a depth of up to 4m, until reaching the bedrock, then systematically mapped and sampled in channels of maximum 2m; trenches are excavated perpendicular to the structures representing true width. Channel samples on outcrops and adits are taken perpendicular to structures and represent true width. Maps and tables associated with this press release will be available on Sable’s website (www.sableresources.com). Silver equivalent (AgEq) is calculated based on 100% recovery and prices of USD 18.0 per oz for silver; USD 1,500 per oz for gold; USD 0.85 per pound for lead; USD 1.10 per pound for zinc; and USD 3.0 per pound for copper. Cu, Pb, Zn values lower than 0.1%, and Au values lower than 0.1 g/t have not been considered within the AgEq calculation.
|Table 2- Location of Drill Holes from 2021 Campaign|
ABOUT EL FIERRO PROJECT
The El Fierro Project is located 250 km northwest of San Juan, Argentina and 120 km north of Sable’s Don Julio Project in one of the best-known historical mining districts in the San Juan province. The El Fierro Project consists of four main known mineralized areas – Fierro Alto, Fierro Bajo, La Verde, and Lagunitas over an area of 8.6km x 6.2km. Three of the four areas host a number of old artisanal mining workings where silver, lead and zinc were intermittently mined since the late 1800’s until the 1960s. Prior to Sable’s 2021 drill program, the Property had never been drilled before. Sable currently controls 46,391 hectares covering all the historically mineralized areas and additional highly prospective ground over a large magnetic 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. Sable’s main focus is developing its large portfolio of new greenfields projects to resource level. Sable is actively exploring the San Juan Regional Program (128,992 ha) incorporating the Don Julio, El Fierro, La Poncha, and los Pumas Projects in San Juan Province, Argentina; and the Mexico Regional Program (1.16Mha in application, 39,000ha titled) incorporating the Vinata and El Escarpe projects.
Figure 1. Location of reported holes with highlighted values along the strike of La Verde vein (CNW Group/Sable Resources Ltd.)
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