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Sable Resources Ltd.
Summary
| Project: | Margarita | |
|---|---|---|
| Deposit: | Margarita | |
| Location: | Mexico | |
| Commodities: | Silver-Lead-Zinc | |
| Date: | 7/26/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 26-7-2018: Sable Resources Ltd. announces an Exploration/Drilling Update report for its Margarita deposit at the Margarita project. Drilling results incl. 4.25m @ 429.6g/t Ag, 1857ppm Pb, 6609ppm Zn. TORONTO, July 26, 2018 /CNW/ - Sable Resources (TSX.V: | |
| Resources: | (historic estimate only) | |
| CP/QP: | [Overall Report]: Not stated (n/a) | |
| ABSTRACT: | TORONTO, July 26, 2018 /CNW/ - Sable Resources (TSX.V: SAE) (the "Company" or "Sable") is pleased to announce results from the first two drill holes targeting the Margarita Vein in its ongoing 12-hole drill program at the Margarita Project, Chihuahua State, Mexico. Both holes intersected the target with hole M-DDH-05 also intercepted a previously unknown structure at depth. Results confirm vein strike continuity for at least 500 meters to a depth of 50 meters from surface with weighted average grades ranging from 190g/t to 462g/t AgEq over thicknesses of 4.25 to 8.70 meters. True widths are estimated to be 90% of the intercept based on vein to core angle. Detailed drill results, location plan, sections and core photos are available from the Sable website. Holes M-DDH-06 to 08 have been completed and are awaiting results. Similar vein textures have been intersected in these holes across similar widths down to a depth of 100m from surface. MDDH-09 is currently underway. "We are excited by the grades and widths returned by the first two holes ever drilled in the Margarita Vein", stated Ruben Padilla, VP Exploration of Sable Resources. "These results clearly demonstrate that we are at the right erosional level with good preservation of the best part of the veins starting right at surface and still open at depth. We will continue the systematic drill test along the 1.6 km of known extension of the Margarita vein and along the other three veins identified within the property limits | |
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