Dr. Ruben Padilla reports
SABLE COMPLETES VTEM GEOPHYSICAL SURVEY AT THE COPPER QUEEN PROJECT IN BRITISH COLUMBIA
Sable Resources Ltd. has completed a VTEM (versatile time domain electromagnetic) geophysical survey at its Copper Queen project in British Columbia.
Highlights:
- The survey consisted of 535 line kilometres covering two of the main targets, breccias 1, 2 and 3, and Roof, and additionally covered part of the breccia 4 target area.
- Results of the survey show conductive and magnetic features at depth, directly below breccias 1 and 2, and near breccia 3. These features may indicate connection of the outcropping breccias to concealed porphyry centres at depth.
- From the data, it is apparent that the copper-bearing magmatic-hydrothermal breccias, mapped on surface, represent magnetic lows at the margins of a large magnetic-high feature.
- Additionally, two significant conductivity anomalies were found east of the Roof mineralized zone, and between Roof, and breccias 1, 2 and 3. These two new conductive zones are located on unexplored ground. A preliminary field review of these two anomalies is planned for late August.
Dr. Ruben Padilla, president and chief executive officer of Sable, commented:
"The results of the VTEM survey will be key for the ongoing exploration work at Copper Queen. The geophysics support our initial idea of two different mineralization styles: outcropping copper-bearing magmatic hydrothermal breccias and a potential blind copper porphyry connected to the breccias at depth."
Issuance of options
The company also announces that pursuant to the stock option plan, it has granted an aggregate of 10 million options to purchase common shares of the company, exercisable at a price of seven cents per share for a period of five years, to directors, officers and consultants of the company.
Sample preparation and QA/QC (quality assurance/quality control)
Sample preparation for projects in British Columbia is carried out by ALS Minerals, at its facility located in Kamloops, with analyses carried out at its laboratory in Vancouver. Sample preparation includes drying in an oven at a maximum temperature of 60 C, fine crushing of the sample to at least 70 per cent passing less than two millimetres (mm), sample splitting using a riffle splitter and pulverizing a 250-gram split to at least 85 per cent passing 75 microns (code PREP-31). The samples contained in this news release were analyzed by methods Au-AA24 (fire assay fusion and atomic absorption spectrometry finish) and ME-MS61 (four-acid digestion with mass spectrometry finish); the latter one includes 48 elements. Both digestion methods dissolve most minerals but not all elements are quantitatively extracted in some sample matrices. ALS additionally collects a subsample from the coarse reject to be analyzed by Terraspec; spectral data are sent to AISIRIS Australia to be processed and interpreted.
Control samples (standards, blanks and duplicates) are inserted systematically, and their results evaluated according to the company protocols.
Qualified person
Luis Arteaga, MSc, PGeo, vice-president of exploration, is the company's qualified person as defined by National Instrument 43-101. He has reviewed and approved the technical information in this news release.
About the Copper Queen project
Copper Queen is located 225 kilometres (km) west of Williams Lake in central western British Columbia. Exploration work conducted by Anaconda American Brass between 1968 and 1969 shows the existence of quartz feldspar porphyries and at least five mineralized breccias within a porphyry system of approximately 4.5 by two km. Anaconda reported drilling 182 metres (m) in two holes in 1969, however, Anaconda did not file detailed information about the drilling but reported grades from 0.2 to 0.3 per cent copper (Cu) in six m to 25 m intervals*. Rio Tinto drilled two holes totalling 119 m on the southern margin of McClinchy Lake following a chargeability anomaly, where copper mineralization was observed but the results were not significant. Minor sampling visits were conducted in 1982 and 1994, and a 900 km VLF-EM (very-low-frequency electromagnetic) and radiometric survey was conducted by Seaborne Minerals in 2011. No exploration activity has been performed at Copper Queen since 2011 and no mapping since the Anaconda times. Sable initially staked the property in May, 2024, and recently extended the property to 15,133 hectares.
* Historical Anaconda work on the property is used only as a reference; original Anaconda reports have not been found.
About Sable Resources Ltd.
Sable is a well-financed junior grassroots explorer focused on the discovery of Tier 1 new precious metal and copper projects through systematic exploration in endowed terranes located in favourable, established mining jurisdictions. Sable's focus is developing its large portfolio of new greenfields projects to resource level. Sable is actively exploring the San Juan regional program (163,969 hectares) incorporating the Don Julio, El Fierro and Cerro Negro projects in San Juan province, Argentina, and the Copper Queen (15,133 hectares), Rusty Peak (1,942 hectares), Copper Prince (3,980 hectares) and the Core Mountain (1,925 hectares) properties in British Columbia.
We seek Safe Harbor.
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