Sabre Resources Ltd announces commencement of aircore drilling program at Sherlock Bay

Sabre Resources Ltd (ASX:SBR) has initiated an extensive aircore drilling program at Sherlock Bay in Western Australia's North-West Pilbara region. The program aims to test a series of electromagnetic (EM) sulphide targets within the Scholl Shear Gold and Ni-Cu-Co corridor. Previous diamond drilling of a major EM anomaly south-west of the existing Sherlock Bay Ni-Cu-Co Sulphide Mineral Resource intersected significant gold mineralisation associated with Ni-Cu-Co bearing semi-massive sulphides. The discovery of gold-bearing sulphide in the Scholl Shear demonstrates the potential for a significant gold discovery within the company's extensive tenement holdings at Sherlock Bay in the north-west Pilbara.

Executive Commentary on Gold-Bearing Sulphide Trend at Sherlock Bay

The discovery of gold mineralisation associated with semi-massive sulphides in the Scholl Shear clearly demonstrates the potential for a significant gold discovery within the Company's extensive tenement holdings at Sherlock Bay in the north-west Pilbara. The targeted Scholl Shear is parallel to, and only 80km to the north-west of, the Mallina Shear, which hosts the world-class 10Moz Hemi gold discovery. The Scholl Shear occurs over 20km within the Company's tenements where no previous gold exploration has been conducted prior to the Company intersecting a 14.5m sulphide zone with gold grades of up to 2.7 g/t. The targeted aircore drilling program we have commenced will test six previously untested EM anomalies/sulphide targets, along strike from the gold-bearing zone intersected in SBDD010.

Summary of Sabre Resources Ltd's Drilling Program at Sherlock Bay

Sabre Resources Ltd has commenced an extensive aircore drilling program at Sherlock Bay in Western Australia's North-West Pilbara region to test a series of electromagnetic (EM) sulphide targets within the Scholl Shear Gold and Ni-Cu-Co corridor. The program aims to explore the potential for a significant gold discovery within the company's extensive tenement holdings at Sherlock Bay. The targeted Scholl Shear, parallel to the Mallina Shear which hosts the world-class 10Moz Hemi gold discovery, presents a promising opportunity for gold mineralisation. The aircore drilling program will test six previously untested EM anomalies/sulphide targets, along strike from the gold-bearing zone intersected in previous drilling. The company's ambitions include identifying gold and nickel-copper-cobalt massive sulphide mineralisation and potentially conducting deeper RC and/or diamond drilling based on the results of the aircore drilling program.