In This Article:
VANCOUVER, British Columbia, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Sable Resources Ltd. ("Sable" or the "Company") (TSXV:SAE | OTCQB:SBLRF) is pleased to announce the results from its first field review of the 100% owned Core Mountain property located in west central British Columbia (“Core Mountain” or the “Property”).
Highlights
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Core Mountain is located in the prolific Ootsa Lake region in west central British Columbia, 25km south of the past producer Huckleberry mine owned by Imperial Metals (181 Mt @ 0.32% Cu Measured and Indicated and 48 Mt @ 0.26% Cu, Inferred1); 23km southwest of the Ootsa deposit owned by Surge Copper (438Mt @ 0.32% CuEq Measured and Indicated and 137Mt @ 0.28% CuEq Inferred2) and 39km southeast of Surge’s Berg deposit (1Bt @ 0.23%Cu, 0.03%Mo Measured and Indicated and 542 Mt @ 0.17% Cu, 0.02% Mo Inferred2).
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The Property consists of 1,925 hectares 100% owned by Sable. It was staked by Sable in early 2024 as part of the Company’s regional target generation work. There are seven historical Cu showings within the claims and Cu-bearing veins and “red bed” Cu mineralization have been described by previous explorers. Despite the reported copper occurrences, the Property has not been actively explored since 1985.
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Sable conducted a preliminary review around one of the showings on the southern part of the claims. Widespread copper mineralization in two distinct styles was observed: 1) quartz vein float of epithermal affinity containing abundant chalcopyrite, and 2) disseminations of magnetite and chalcopyrite along the flow banding of a rhyolite body. The rhyolite-hosted chalcopyrite mineralization outcrops for about 150m. Sable collected and analysed 13 rock samples, which returned values of up to 2.6% Cu, 14.3 g/t Ag, and 0.5 g/t Au. Ten samples returned values higher than 0.25%Cu (see Table 1).
Dr. Ruben Padilla, President and CEO of Sable stated,
“Core Mountain is another example of an area with copper mineralization and favourable geological environment, staked by Sable in a region with large Cu-Au porphyry deposits. The lack of recent exploration provides an excellent opportunity for discovering new mineralization within this Property. The Company is planning a more detailed and extensive work program for next summer.”
Table 1. Core Mountain Preliminary Sampling Results
Sample | North | East | Elevation | Site | Ag |
| Au |
| Cu |
| Pb |
| Mo |
|
K843615 | 5922805 | 620748 | 1308 | Outcrop | 2.16 |
| 0.085 |
| 3,960 |
| 4.40 |
| 11.20 |
|
K843658 | 5923301 | 620643 | 1421 | Float | 1.30 |
| 0.035 |
| 2,520 |
| 10.40 |
| 3.51 |
|
K843659 | 5923305 | 620640 | 1424 | Float | 11.80 |
| 0.082 |
| 26,000 |
| 129.50 |
| 8.17 |
|
K843661 | 5923250 | 620663 | 1408 | Float | 14.30 |
| 0.142 |
| 24,900 |
| 5.60 |
| 2.40 |
|
K843662 | 5923016 | 620464 | 1339 | Outcrop | 0.81 |
| 0.539 |
| 389 |
| 28.80 |
| 12.05 |
|
K843663 | 5922816 | 620753 | 1307 | Float | 0.08 |
| 0.008 |
| 12 |
| 3.30 |
| 4.42 |
|
K843664 | 5922808 | 620752 | 1234 | Outcrop | 1.86 |
| 0.061 |
| 18,400 |
| 8.50 |
| 1.82 |
|
K843665 | 5922823 | 620860 | 1212 | Outcrop | 1.30 |
| 0.080 |
| 12,000 |
| 10.70 |
| 3.50 |
|
K843666 | 5922810 | 620913 | 1219 | Outcrop | 1.68 |
| 0.032 |
| 3,120 |
| 47.40 |
| 8.28 |
|
K843667 | 5922825 | 621010 | 1212 | Outcrop | 0.16 |
| 0.013 |
| 335 |
| 12.30 |
| 5.65 |
|
K843706 | 5923123 | 620507 | 1364 | Outcrop | 6.06 |
| 0.321 |
| 13,300 |
| 16.90 |
| 26.90 |
|
K843708 | 5923102 | 620492 | 1366 | Float | 5.41 |
| 0.009 |
| 5,100 |
| 87.40 |
| 1.09 |
|
K843709 | 5922858 | 620945 | 1224 | Outcrop | 2.60 |
| 0.052 |
| 8,630 |
| 2460.00 |
| 3.75 |
|
Figure 1. Location of the Core Mountain property and significant deposits in the area