Sable Finalizes Drill Plan And Drill Contract At Don Julio

TORONTO - Sable Resources Ltd reported a finalized drill plan for the Don Julio High-Sulphidation Gold Project located in San Juan Province, Argentina. In addition Sable has also negotiated and signed a Drill Services Agreement with Boart Longyear Argentina S.A. to conduct the drilling.

A minimum of 8 diamond drill holes of up to 450 meters deep for a total of 3600 meters are planned at Don Julio to test the potential gold levels within the Esperanza and Heaven Hill targets (Figure 1). Drill permits have been approved, access and construction of drill roads and is underway and drilling is planned to commence.

”We are pleased to have partnered with an experienced drill operator, knowledgeable in drilling in high-sulphidation systems in the Andean environment." commented Tom Obradovich, President and CEO of Sable Resources. "Our aggressive drill program consists of 750m spaced drill holes to identify a large mineralized system. With the onset of the Argentine spring we have ample time to execute our planned drill program which we hope will result in our second significant discovery of this year."
The Don Julio Project is defined by an extensive 5km by 5km Miocene lithocap located in the Cordillera Frontal of Argentina. The lithocap affects a package of fragmental volcanic rocks intruded by dacitic domes and phreatic breccias associated with and affected by an advanced argillic mineralizing event. A large anomalous precious metal footprint is coincident with the lithocap and associated with the advanced argillic mineralizing event. Field evidence indicates that the erosion level is high with high probability of preservation of a mineralized system. Sable is working in a systematic way to model the hydrothermal up flow zones that will define drill targets at depth. Sable believes Don Julio represents the southern extension of the prolific El Indio-Pascua Belt.