Northwire Canada EditionSunday, July 26, 2026
Northwire
B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9% B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9%
Drill Results

Sable Advances Discovery Strategy: 2025 Milestones and 2026 Corporate Outlook

Sable pivoting to Zorro discovery while leaning on Moxico funding after South32 abandonment.

Executive Summary

The news release dated January 28, 2026, provides a corporate outlook for 2026 and summarizes 2025 milestones. Key highlights include the consolidation of the Zorro project in Argentina, which recently returned high-grade surface samples (up to 140 g/t Au and 4.38% Cu). The company confirms its 2026 strategy involves advancing Zorro through mapping and geophysics toward a H2 2026 drill program, while partner Moxico Resources continues to fund exploration at El Fierro and Cerro Negro. The release also notes the grant of 1,000,000 stock options to a director at $0.10 USD.

Material Impact
  • Operational Strategy: The news is a routine wrap-up but confirms a significant shift in focus toward the Zorro project following the loss of the South32 partnership at Don Julio in mid-2025.
  • Financial Sustenance: It reinforces that Sable is successfully using "Other People's Money" (OPM) via Moxico Resources and the Osisko royalty deal to maintain operations without massive immediate dilution, though the deficit remains high ($67.9M as of March 2025).
  • Project Progress: The news validates that the 2025 discovery of blind breccias at El Fierro-Pyros is being followed up by Moxico, allowing Sable to focus its internal resources on the newly consolidated Zorro project.
  • Sentiment: While the outlook is positive, it essentially restates previously announced 2025 successes. The market impact is likely neutral to slightly positive as it confirms the execution of the stated strategy.
SAE · Price
Company Overview

Sable Resources is a "project generator" focused on copper-gold-molybdenum porphyry systems in the San Juan province of Argentina and British Columbia, Canada. - Flagship Project (Current): The Zorro Project (Argentina) has become the primary focus following high-grade surface discoveries in early 2026. - Flagship Project (Joint Venture): El Fierro (Pyros), where Moxico Resources is earning up to 51% (expandable to 70%) by funding $1.5M in payments and 20,000m of drilling.

Read the original news release →

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