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Sabre Resources (ASX: $SBR) defines lithium-pegmatite drilling targets

Sabre Resources defines lithium-pegmatite drilling targets in Pilbara region


Sabre Resources Ltd (ASX: $SBR) has announced the identification of a key lithium-pegmatite target zone in the highly-prospective northwest Pilbara region of Western Australia. The drone-magnetics survey has defined outstanding drilling targets for the discovery of lithium-bearing pegmatites, located 5km northeast along strike from Azure Minerals' Andover discovery.

Executive Commentary on Lithium-Pegmatite Target Zone


This new drone magnetic data we have received has highlighted the excellent prospectivity of Sabre's Andover Northeast tenements to host lithium-bearing pegmatites, only 5km northeast of Azure Minerals' world-class Andover lithium discovery. The Company is finalizing heritage and access agreements with the Native Title holder that will allow the granting of the key tenements. Once the tenements are granted, we will carry out detailed gravity to further define the targets prior to aircore drilling to test for soil-covered lithium pegmatites in this highly-prospective but under-explored region where Sabre has an extensive footprint of more than 300 square kilometers of ground.

Summary of Lithium-Pegmatite Drilling Targets Announcement


Sabre Resources Ltd (ASX: $SBR) has successfully defined a key lithium-pegmatite target zone in the highly-prospective northwest Pilbara region of Western Australia. The drone-magnetics survey has identified outstanding drilling targets for the discovery of lithium-bearing pegmatites, located 5km northeast along strike from Azure Minerals' Andover discovery. The Company is finalizing heritage and access agreements with the Native Title holder to allow the granting of the key tenements. Once granted, detailed gravity surveys will be conducted to further define the targets prior to aircore drilling to test for soil-covered lithium pegmatites. Sabre Resources aims to explore this under-explored region and expand its footprint for potential lithium and gold mineralization.

SABRE RESOURCES LIMITED
SBR | ASX | Materials
0.0160(+0%)
At close 05/07 (AEDT)
Market cap
$6.3M
Volume
0
DY Yield
0
PE Ratio
0
52 Week Range
0 - 0.068
1YR Return
-65.217%

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