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Sable Resources Ltd.
Summary
| Project: | Margarita | |
|---|---|---|
| Deposit: | Margarita | |
| Location: | Mexico | |
| Commodities: | Silver-Lead-Zinc | |
| Date: | 2/28/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 28-2-2019: Sable Resources Ltd. announces an Exploration/Drilling Update report for its Margarita deposit at the Margarita project. Drilling results incl. 33.3m @ 283g/t Ag, 0.78% Zn, 0.32% Pb from 18.75m. TORONTO, Feb. 28, 2019 /CNW/ - Sable Resources (T | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Luis Arteaga (Internal) | |
| ABSTRACT: | TORONTO, Feb. 28, 2019 /CNW/ - Sable Resources (TSX.V: SAE) (the "Company" or "Sable") is pleased to announce the first drill results from drillholes M-DDH-19-14 and M-DDH-19-15 from the company's active Stage II 19-hole drill program targeting the Margarita Vein and including the first exploration drillholes in four other veins identified at the Margarita Project, Chihuahua State, Mexico. Drillhole M-DDH-19-14 is the first of two infill holes midway between two previously released sections, the first containing drillholes M-DDH-18-05 and M-DDH-18-07 and the second containing drillholes M-DDH-18-06, M-DDH-18-08. Drillhole M-DDH-19-15 is a 250m step out to the southeast from a previously released section containing holes M-DDH-18-04 and M-DDH-18-09. "We are very pleased to have been able to increase the strike length of the Margarita structure a further 250m to the southeast with Hole M-DDH-19-15." commented Ruben Padilla, Vice President of Exploration for Sable. "Drillhole M-DDH-19-14 is our best intercept to date confirming the highgrade core of the Margarita Vein over considerable thickness with an extensive lower grade halo close to surface" True widths are estimated to be 90% of the intercept based on vein to core angle. Detailed drill results, location plan and sections are available from the Sable website (sableresources.com). Silver equivalent is calculated based on USD15.50per ounce for Silver, USD 0.95 per pound for Lead and USD1.20 per pound for Zinc and USD1200 for gold with 100% recovery. | |
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