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
SOURCE Sable Resources Ltd.