Sabre Resources Ltd (ASX: SBR) announced positive results from its geochemical air-core drilling program at the Sherlock Bay project in Western Australia's Pilbara region. The program tested six electromagnetic sulphide targets for gold, nickel, copper, and cobalt mineralization within the Sholl Shear Zone.
Fifty-two vertical air-core holes were drilled across seven traverses, covering 1,318 meters. The drilling identified a copper trend extending over 800 meters in strike length, showing increasing copper grades and remaining open to the southwest toward the company's E47/4777 application area. These results complement diamond drilling conducted earlier in 2023, which intersected gold with Ni-Cu-Co sulphide mineralization along a sheared mafic-felsic contact. The trend aligns with a strong moving-loop EM conductor located southwest of the existing nickel-copper-cobalt mineral resource at Sherlock Bay. This discovery underscores the region's potential, with future exploration planned to expand and define the mineralization.
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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.