Northwire Canada EditionWednesday, August 5, 2026
Northwire
LTH 0.470 −7.8% APN 0.020 +0.0% ARTG 35.10 +4.3% STND 0.075 −11.8% AAZ 0.040 +14.3% LIFT 3.33 +0.6% LIB 0.810 +1.2% PEMC 0.050 +11.1% ELE 23.49 +7.5% AMCO 0.210 +2.4% TGOL 0.115 +9.5% SSRM 37.45 +4.5% SALT 1.51 +9.4% MON 0.650 +12.1% AZS 0.610 +28.4% NIO 0.140 +7.7% LTH 0.470 −7.8% APN 0.020 +0.0% ARTG 35.10 +4.3% STND 0.075 −11.8% AAZ 0.040 +14.3% LIFT 3.33 +0.6% LIB 0.810 +1.2% PEMC 0.050 +11.1% ELE 23.49 +7.5% AMCO 0.210 +2.4% TGOL 0.115 +9.5% SSRM 37.45 +4.5% SALT 1.51 +9.4% MON 0.650 +12.1% AZS 0.610 +28.4% NIO 0.140 +7.7%
Drill Results

Sable conducts VTEM geophysical survey at Copper Queen

SAE · Price

Executive Summary

  • Sable Resources completed a 535 km VTEM geophysical survey at the Copper Queen project, identifying conductive and magnetic anomalies that may indicate concealed porphyry copper targets beneath known breccia zones.
  • Two significant conductivity anomalies were discovered on previously unexplored ground east of the Roof mineralized zone; field follow‑up is planned for late August.
  • The company issued 10 million stock options at $0.07 per share to directors, officers and consultants under its existing option plan.

Key Details

  • Survey Scope: 535 line kilometres covering breccias 1, 2, 3, 4 and the Roof target area.
  • Geophysical Findings:
  • Conductive and magnetic features directly below breccias 1 & 2 and near breccia 3, suggesting possible connections to deeper porphyry centres.
  • Copper‑bearing magmatic‑hydrothermal breccias appear as magnetic lows at the margins of a large magnetic‑high feature.
  • Two new conductivity anomalies located east of the Roof zone and between Roof and breccias 1–3; these lie on unexplored ground.
  • Planned Follow‑Up: Preliminary field review of the two new conductive zones scheduled for late August 2026.
  • Stock Option Grant: 10 million options granted at an exercise price of $0.07 per share, exercisable over five years, to directors, officers and consultants.
  • Sample Preparation & QA/QC: Samples processed by ALS Minerals (Kamloops) with analyses via Au‑AA24 fire assay/atomic absorption and ME‑MS61 four‑acid digestion/mass spectrometry; quality control includes standards, blanks and duplicates per company protocol.
  • Qualified Person: Luis Arteaga, MSc, PGeo, Vice‑President of Exploration, reviewed and approved all technical information (NI 43‑101).

Notable Quotes

“The results of the VTEM survey will be key for the ongoing exploration work at Copper Queen. The geophysics support our initial idea of two different mineralization styles: outcropping copper‑bearing magmatic hydrothermal breccias and a potential blind copper porphyry connected to the breccias at depth.” – Dr. Ruben Padilla, President & CEO


Materiality Assessment: Material – Positive (new geophysical anomalies that could lead to significant future drilling and resource definition).

Read the original news release →

More from Sable Resources Ltd.