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Sabre Resources (ASX: $SBR) identifies large lithium and gold anomalies

Overview of Sabre Resources' latest discovery


Sabre Resources Ltd (ASX: $SBR) has announced the identification of large lithium and gold anomalies in its extensive 700 square kilometres Cave Hill Project tenements in WA's Eastern Goldfields gold, nickel, and lithium province. The largest new lithium anomaly, over 5km X 5km, and highly-anomalous gold results have been discovered from soil sampling, indicating significant potential for lithium-bearing pegmatites and gold deposits.

Executive commentary on the discovery


The CEO of Sabre Resources, Jon Dugdale, expressed excitement about the large lithium and gold soil anomalies identified across the Cave Hill tenements. He highlighted the prospectivity of the newly identified greenstone corridor, emphasizing the Company's immediate plans to commence infill sampling and new sampling programs to define aircore drilling targets for lithium and gold deposits. Dugdale also mentioned the extensive strike length of granted tenements and the Company's anticipation of further defining the highly-anomalous lithium and gold zones.

Summary of the announcement and outlook


Sabre Resources' identification of large lithium and gold anomalies in the Cave Hill Project tenements presents a significant opportunity for the discovery of lithium-bearing pegmatites and gold deposits. The Company's immediate focus on infill sampling and defining aircore drilling targets demonstrates a proactive approach towards exploring the potential of the newly identified greenstone corridor. With extensive strike length and parallels to other greenstone belts hosting major lithium, gold, and nickel deposits, Sabre Resources is poised to unlock the untapped potential of the Cave Hill greenstone corridor. The planned aircore and follow-up drilling programs indicate the Company's commitment to realizing the bedrock potential for new lithium, gold, and nickel sulphide discoveries, reflecting a positive outlook for Sabre Resources' corporate strategy and exploration endeavors.

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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