12:10:48 EDT Fri 03 May 2024
Enter Symbol
or Name
USA
CA



Sable Resources Ltd (2)
Symbol SAE
Shares Issued 49,589,457
Close 2017-02-17 C$ 0.13
Market Cap C$ 6,446,629
Recent Sedar Documents

ORIGINAL: Sable Resources acquires Au project in B.C.

2017-02-21 10:18 ET - News Release

Received by email:

File: SAE PR 20170221.pdf

                                                                        PRESS RELEASE
                                                               FOR IMMEDIATEW RELEASE


Sable Resources Ltd   Acquires Mets Gold Project in Toodoggone District, Northern British
Columbia

Vancouver, British Columbia, February 21, 2017 - Sable Resources Ltd. ("Sable" or the
"Company") (TSX-NEX: SAE.V) is pleased to announce the acquisition of the Mets
gold project and mining lease in north-central British Columbia. The lease was purchased
from arm's-length vendors for 1 million common shares of Sable Resources Ltd and a
1% NSR which can be purchased at any time for Canadian $500,000.00.

Historical work dating back to the discovery of gold mineralization in the mid 1980's
consisted of 8,784m of diamond drilling, geological and geochemical surveys. A gold
resource which is non-compliant under National Instrument 43-101, Standards of
Disclosure for Mineral Projects in Canada reporting guidelines was established by
previous operators. In 1992, Cheni Gold Mines Inc. optioned the property and undertook
a brief underground development program. The French owned company ceased Canadian
operations in 1993 and reclaimed the site. The Mets project is approximately 20km north
of Sable's 100% owned Baker Mill and former producing Baker and Shasta Mines.

The acquisition is subject to the approval of the TSX-Nex Exchange.

The Company is also pleased to announce that Mr. Ron Netolitzky, M.Sc, and Mr. J.
Rupert Allan P.Geol have agreed to roles as special advisors and consultants to the Sable
Board of Directors.
About Sable Resources Ltd.
Sable owns the Toodoggone gold project comprising 66 square kilometers of mineral tenure and
mining leases, including the past producing Baker and Shasta mines, and the 250 ton-per-day Baker
mill and tailings facility. The project is located in north-central British Columbia, Canada and is road
accessible.

We seek safe harbor

For more information:

Tom Obradovich, President & CEO
tobradovich@sympatico.ca
Tel (416) 985-7140
Or visit http://www.sableresources.com

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.
 


© 2024 Canjex Publishing Ltd. All rights reserved.