Welcome to Sabre Resources

Sabre Resources Ltd (‘the Company’ or ‘Sabre’) is an exploration company listed on the Australian Securities Exchange under the symbol “SBR”. Its exploration portfolio supports a business model designed to facilitate the discovery and development of economic mineral deposits.

Sabre holds a 100% interest in the Bonanza Gold Project located in Western Australia and the contiguous Beacon Gold Project.

The Bonanza Gold Project and the contiguous Beacon Gold Project to the south cover a combined area of 33km2 and are located adjacent to the recently discovered Penny West Gold Project, owned by Ramelius Resources Limited (ASX:RMS), located in the Youanmi Gold Mining District, in Western Australia.

The Youanmi Gold Mining District has gained rapid investor attention with several companies including Rox Resources Limited (ASX: RXL) and Venus Metals Corporation Limited (ASX: VMC) reporting significant exploration success on gold projects located in the same area

Sabre holds a 70% interest in the Sherlock Bay Project located in the Pilbara region of Western Australia (refer to SBR announcement dated 29 January 2018). The Project is well-located 12 km off Highway 1 with access to critical mining infrastructure. The Project comprises a mining lease M47/567 and a Miscellaneous Licence L47/124. The mining lease contains a resource of 24.6Mt grading 0.4% nickel, 0.09% copper and 0.02% cobalt. 

The Company has done much of the work required to make a decision to proceed to develop the project. Sabre considers that it is well positioned to take advantage of any future recovery in the nickel price and in that event, quickly bring the project into production.

The Company is actively exploring its Otavi Mountain Land Licence areas in Namibia, with an ongoing program of drilling, soil sampling, trench sampling, underground sampling, geophysics and mapping being conducted by the Company's geologists.

The Otavi Mountain Land is a highly prospective, underexplored area in northern Namibia which has potential for high-value copper mineralisation, stratabound zinc-lead mineralisation and vanadium deposits.

Sabre builds value for shareholders through strategic exploration of our tenement holdings and is geared towards the delineation of JORC resources for future development.

 

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