SBR - Sabre Resources advances key uranium and lithium projects
(NewsDirect)
Sabre Resources Ltd CEO Jon Dugdale joins Jonathan Jackson in theProactive studio to discuss the company’s continued progress in itsexploration and advancement of key energy metals and gold projects.The company is progressing projects in various significant Australianlocations. Today saw the company define key lithium-pegmatite drillingtargets along strike of the world-class Andover discovery. Furtherdrone-magnetics data and imagery defined an outstanding target zonefor the discovery of lithium-bearing pegmatites, only 5 kilometresnortheast along strike from Azure Minerals’ Andover discovery (whereintersections include 209.4m @ 1.42% Li2O1). The priority targets arelocated within Sabre's extensive approximate 300 sq.km tenementholdings in WA's highly prospective northwest Pilbara region.Sabre is in a strong financial position, with $5.3 million in cash atthe quarter's end to support ongoing exploration efforts. Keyrecent developments include following up on high-grade uranium resultsat Dingo Uranium Project, where previous drilling identifiedsubstantial uranium concentrations. In the Northwest Pilbara, dronemagnetics surveys over the Andover East and Northeast targetsidentified potential lithium-bearing pegmatite-hosting faultcorridors. Similarly, in the Eastern Goldfields, new lithium anomalieswere detected over a 5 x 5-kilometre area, indicating significantexploration potential in regions associated with notable lithiumdeposits. Additionally, Sabre's Ninghan Gold Project in thesouthern Murchison district also showed promising results with twostrongly anomalous zones of gold mineralisation identified. Overall,Sabre’s extensive and strategically targeted exploration activitiesacross multiple projects demonstrate its robust operational andfinancial footing, positioning it to effectively pursue thesepromising mineral opportunities.
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Proactive Investors
JonathanJackson
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jonathan@proactiveinvestors.com
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