Significant Copper Discovery in Geochemical Aircore Drilling at Sherlock Bay – Sabre Resources

Sabre Resources Ltd (ASX: SBR) continues to make significant strides in its exploration and development efforts, particularly at its Sherlock Bay project in Western Australia. The company’s recent geochemical aircore drilling program has yielded impressive results, showcasing promising copper intersections and anomalous concentrations of gold, cobalt, and nickel. This discovery highlights the project’s potential to unlock substantial mineral resources within the Sholl Shear Zone.

Highlights of the Aircore Drilling Program

Sabre Resources Ltd (ASX: SBR) conducted an extensive geochemical aircore drilling program at the Sherlock Bay project, achieving the following notable results:

Significant Copper Intersections

• 18m @ 0.25% Cu, 0.03 g/t Au, 133 ppm Co, 178 ppm Ni from 6m in drill hole SAC0051.
• 15m @ 0.18% Cu, 0.06 g/t Au, 136 ppm Co from 9m in SAC0049.
• 8m @ 0.21% Cu, 0.03 g/t Au, 116 ppm Co, 113 ppm Ni from 15m in SAC0014.

Program Scope

The drilling program consisted of seven traverses with 52 vertical aircore holes spaced 40m apart, covering a total depth of 1,318m.

Geological Context

The drill holes targeted electromagnetic (EM) sulphide anomalies identified within the Sholl Shear Zone and its mafic intrusive corridor.

Discovery Zone

The copper mineralization spans an 800m strike-length zone southwest of the established Sherlock Bay Ni-Cu-Co sulphide mineral resource.

Geological Insights and Significance

Some insights to broaden your perspective include:

The Sholl Shear Zone: A Hotspot for Mineralization

The Sherlock Bay project is strategically located within the Sholl Shear Zone, a geological structure known for its rich mineral deposits. This corridor is characterized by mafic intrusive rocks and felsic/intermediate volcanics, creating an ideal environment for nickel-copper-cobalt sulphide and gold mineralization.

The recent aircore drilling program further validates the Sholl Shear Zone’s potential, with significant copper intersections indicating the presence of a broad mineralized zone.

These results confirm the presence of significant copper grades within the tested area, along with associated gold, cobalt, and nickel mineralization.

Strategic Implications for Sabre Resources

Here are some strategic implications for the company to keep in mind:

Expansion of Mineral Resource Potential

The aircore results demonstrate the extension of mineralized zones beyond the existing Sherlock Bay Ni-Cu-Co resource. Notably:

• The mineralized corridor remains open to the southwest, presenting opportunities for further exploration and resource expansion.
• Previous discoveries at the adjacent Discovery West area have revealed gold-rich nickel-copper-cobalt sulphide zones, indicating the potential for multi-commodity deposits.

Alignment with Broader Regional Trends

The Sherlock Bay project lies within a highly prospective region, sharing structural and stratigraphic similarities with other major discoveries, such as:

• The Hemi Gold Deposit (De Grey Mining): A world-class gold deposit along the Mallina shear, located parallel to the Sholl Shear Zone.
• Nearby Andover Lithium Project: Known for its extensive spodumene-bearing pegmatites, emphasizing the region’s diverse mineralization potential.

About Sabre Resources Ltd

Sabre Resources Ltd (ASX: SBR) is an ASX-listed exploration company focused on unlocking the potential of its extensive tenement holdings in Western Australia and the Northern Territory. The company is strategically positioned to capitalize on its diverse portfolio, which includes nickel, copper, cobalt, gold, lithium, and uranium-vanadium assets.

Key Projects

Some key projects are:

Sherlock Bay Project

A significant nickel-copper-cobalt sulphide resource comprising 24.6Mt @ 0.40% Ni, 0.09% Cu, and 0.02% Co. Recent aircore and diamond drilling have expanded the project’s potential, confirming the presence of additional sulphide zones and gold mineralization.

Nepean South and Cave Hill Projects

Covering a >100km strike length of greenstone belts, these projects are highly prospective for lithium, nickel sulphides, and gold.

Ninghan Gold Project

Located in WA’s Murchison district, with historical drilling defining strong gold anomalies near the Mt Gibson gold mine.

Ngalia Uranium-Vanadium Project

Situated in the Northern Territory, this project comprises extensive tenements within a highly prospective basin for uranium-vanadium mineralization.

The Path Ahead: Unlocking the Potential of Sherlock Bay

Sabre Resources Ltd’s (ASX: SBR) ongoing exploration efforts at Sherlock Bay are paving the way for a transformative phase of resource development. Key priorities include:

Expanding the Mineral Resource

Further drilling programs are planned to delineate the full extent of the copper-nickel-cobalt sulphide mineralization southwest of the existing resource.

Unlocking Multi-Commodity Potential

The presence of gold, cobalt, and nickel alongside copper highlights the project’s potential to become a multi-commodity operation.

Collaborating with Strategic Partners

Sabre Resources Ltd (ASX: SBR) is open to partnerships that can accelerate the development of its flagship projects and bring them to production.

The recent aircore drilling program at Sherlock Bay marks a significant milestone for Sabre Resources Ltd (ASX: SBR), reinforcing the project’s potential as a major nickel-copper-cobalt and gold resource. With further exploration planned, the company is well-positioned to capitalize on its findings and contribute to the growing demand for critical minerals in the global market.