Sabre Resources Ltd (ASX: SBR) has recently uncovered a substantial and expansive sulphide zone at the Sherlock Bay Nickel Sulphide Project in Western Australia, marking a significant discovery for the company.The discovery was made during diamond drilling, which intersected massive sulphides within broader semi-massive to stringer sulphide zones. The newly discovered sulphide zone stretches over a minimum distance of 500 meters and shows openness in all directions.
Further drilling is planned to test additional strong electromagnetic conductors in the area. Sabre Resources has also expanded its tenement holding at Sherlock Bay, increasing the potential for resource growth. The project is located near the Andover Project, where Azure Minerals has identified significant nickel sulphide resources and lithium-bearing pegmatite. Sabre Resources is examining its database for similar lithium-bearing pegmatite occurrences. The company aims to locate lithium-pegmatites within its extensive tenement holding, in addition to exploring the sulphide zone discovery.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.