Driehoek

The Driehoek Zinc-Lead Deposits
The Driehoek deposits were discovered by Goldfields of Namibia in the 1990s and Sabre's overall exploration target for the Driehoek deposits is:

3 to 6 Million Tonnes @ 2-5 % Zinc+Lead & 2-6 gpt Silver*

Sabre's exploration to date has resulted in the delineation of JORC resources for the Driehoek East & Central areas, with the Driehoek North area yet to be drilled to JORC requirements (this will be undertaken subject to the requirements of the ongoing exploration program in the Otavi Mountain Land).

Driehoek East
The inferred JORC resource at Driehoek East is hosted by a roughly elongate ‘breccia pipe’ approximately 95 metres in strike length, up to 55 metres wide and 80 metres thick. The grade of the deposit was interpolated utilising Inverse Distance Squared (ID2) within a wireframe model, with a 0.5% Pb+Zn cut-off, a maximum internal dilution of 2.5 metres and an SG of 2.83.

Driehoek East (Inferred Rsc) 447,000 tonnes @ 4.42% Zn+Pb & 5.39 gpt Ag

Driehoek Central
The inferred JORC resource at Driehoek Central is largely flat lying, covers approximately 360 metres of strike, is up to 130 metres wide and 30 metres thick. The grade of the deposit was interpolated with Ordinary Kriging within a wireframe model, utilising a 0.5% Pb+Zn cut-off with a maximum internal dilution of 2.5 metres and an SG of 2.74.

Driehoek Central (Inferred Rsc) 1,210,000 tonnes @ 2.38% Zn+Pb & 2.32 gpt Ag

Driehoek North
Resource drilling at Driehoek North is yet to be completed, however the exploration target for the deposit is:

Driehoek North (Exploration Target) 2-3 Million Tonnes @ 2-5% Zn+Pb & 1-4 gpt Ag*

*The potential quantity and grade of the Driehoek North zinc-lead deposit is conceptual in nature, as Sabre has determined that insufficient work has been undertaken to define a mineral resource and it is uncertain if further exploration will result in the determination of a mineral resource. The “exploration target” size was based upon deposit calculations undertaken by Goldfields Namibia Ltd.

 

 

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