Sable Commences Maiden Drill Program at the Zorro Project, San Juan, Argentina
Sable’s maiden drilling at the Zorro copper-gold target in Argentina advances the greenfields exploration program.
Sable Resources Ltd. has officially commenced its maiden diamond drill program at the Zorro Project in San Juan Province, Argentina. The program began following a temporary delay caused by unusual winter weather conditions that restricted field access.
The initial drilling phase targets three specific zones: Zorro Copper, Zorro North, and a newly identified IP conductivity-chargeability anomaly. This announcement follows a systematic exploration buildup, including July soil geochemistry surveys and a June IP geophysical survey that defined a 2.6 km chargeability-conductivity anomaly.
The company confirmed it holds over C$13.5 million in cash and receivables, providing sufficient liquidity to complete the current program without immediate financing needs.
Sable Resources Ltd. (SAE) has commenced drilling, marking an expected operational milestone for the company. Management had previously indicated a late Q2 2026 start date in January 2026, with the winter delay being a standard logistical adjustment in high-altitude Argentine exploration.
The news confirms execution capability and validates the company's exploration timeline but does not introduce new geological data or financial terms. Financially, the cash position remains robust, eliminating near-term dilution risk associated with the drill program.
Price movement will likely remain muted until actual assay results are released.
Sable Resources Ltd. is a greenfields exploration company focused on high-value porphyry and epithermal systems in Argentina and British Columbia. Its flagship Zorro Project spans 8,460 hectares in the Frontal Cordillera of San Juan, located directly north of the Minsud/South32 Chita Valley copper district. Zorro hosts multiple mineralization styles, including intrusion-related copper at Zorro Copper/North, epithermal veins at Zorro Veins, and magmatic-hydrothermal breccias at Zorro Breccia.
The El Fierro Project features the Pyros Cu-Au-Mo porphyry system, which has been extensively drilled and defined by partner Moxico Resources, showing a 720m x 580m mineralized footprint. The company also holds assets in British Columbia, including Copper Queen and Copper Prince, targeting concealed porphyry and breccia-hosted copper-gold-silver mineralization.