Northwire Canada EditionFriday, July 10, 2026
Sign inSubscribe
Northwire
⌕
TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
Drill Results Routine +

Sable drills 189.1 m of 0.50% CuEq at El Fierro

Sable Resources Confirms Pyros Porphyry Expansion Amidst Price Correction; Moxico Funding Validates Argentina Strategy

By The Northwire Desk — AI Analysis Apr 14, 2026 · 01:25 SAE · 0.05 Sable Resources Ltd.
Executive Summary
  • The most recent release (April 14, 2026) details drill results from the El Fierro project's Pyros porphyry system in San Juan, Argentina.
  • Results confirm a large, continuous Miocene copper-gold-molybdenum (Cu-Au-Mo) porphyry system with a mineralized footprint of approximately 720 m by 580 m.
  • Key intercepts include Hole FZ-DH-25-92: 189.1 m of 0.50% CuEq including high-grade zones (e.g., 8 m at 3.06% CuEq).
  • The drilling program consisted of 11 holes totaling 3,466 metres completed between November 2025 and January 2026.
  • Funding for this specific program was fully provided by Moxico Resources PLC under an earn-in agreement.
  • This news mirrors the content of the April 13, 2026 release ("Sable Reports Drill Results Extending the Pyros Cu-Au-Mo Porphyry System"), serving as a confirmation or detailed dissemination of the same data set.
Material Impact
  • Incremental Value: The information provided in the April 14 release is substantively identical to the April 13 release. As such, it does not introduce genuinely new market-moving information compared to the prior day's announcement.
  • Confirmation of Strategy: The news validates the Moxico earn-in partnership structure, confirming that partner-funded exploration is successfully delineating mineralization without immediate equity dilution from Sable.
  • Price Context: Despite positive historical results (Jan/Feb 2026), the stock price has declined from a high of $0.09 in January to $0.05 by April 13. This suggests the market may be discounting exploration news due to lack of resource definition or broader sector weakness.
  • Materiality Classification: While drill results are typically material for junior miners, the duplication of information from April 13 shifts this specific release to a "Routine" category regarding new catalysts, though it reinforces the positive trajectory established previously.
SAE · Price
Company Overview
  • Company: Sable Resources Ltd. (TSXV: SAE).
  • Strategy: Greenfield exploration for high-value gold, copper, molybdenum deposits in Argentina and British Columbia.
  • Flagship Project: El Fierro (Pyros Porphyry System) in San Juan Province, Argentina. Currently in exploration phase with no NI 43-101 resource reported.
  • Other Projects: Zorro (newly consolidated), Cerro Negro (partnered), Don Julio (Sable owned after South32 exit), Copper Queen/Copper Prince (British Columbia).
  • Management: Led by CEO Ruben Padilla, with a team claiming >59 Moz gold discovered in the Americas.
Read the original news release →

More from Sable Resources Ltd.

Jul 06, 2026 · 07:00

Sable expands copper-gold targets via a zorro soil survey ahead of maiden drilling at its Argentine project.

Drill Results Jun 29, 2026 · 07:00

Sable Resources validates the Zorro drill target with an IP survey and plans a mid-July campaign supported by a strong balance sheet.

Drill Results Jun 15, 2026 · 07:00

Sable Expands the Zorro Project Through New Staking and an Option Agreement of the El Acero Property, San Juan, Argentina

M&A / Property Apr 20, 2026 · 07:00

Sable Resources Confirms Zorro Copper Grades as Exploration Momentum Builds

Drill Results Apr 13, 2026 · 07:00

Sable Resources Drills High-Grade Copper Core in Argentina, Validating Moxico Partnership

Drill Results Feb 25, 2026 · 07:00

Sable uncovers expansive copper footprint at Zorro North as strategic partnerships de-risk Argentine porphyry portfolio

Drill Results