Business
Sable Acquires Perry Mason Claims
Sable Acquires Perry Mason Claims.
About this update from Sable Resources Ltd.
[{"type":"text","content":"\n\n\n\nVANCOUVER, May 9 /CNW Telbec/ - Sable Resources Ltd. (TSX.V: SAE) is\npleased to announce the acquisition of the Perry Mason Claims. The claims are\nlocated approximately 2.5 km southwest of Sable's Baker Mill, and consist of\nepithermal gold-silver veins. The geology on the property is very similar to\nSable's nearby Baker Mine, but remains largely unexplored. In 1985, trenching\nwas completed over the most promising zones, and uncovered numerous quartz\nveins, ranging between 4 and 12 metres thick. One vein assayed a remarkable\n4.81 ounces per ton gold, and 78.6 ounces per ton silver over 3 metres width -\nmaking it the richest in situ showing in the Toodoggone. A limited drill\nprogram was conducted in 1987 on the claims, but failed to intersect the high\ngrade material at depth due to extensive faulting in the area. No work has\nbeen conducted on the area since.\n\n\nSable believes this property has the potential to produce high grade ore\nfor processing at the company's nearby Baker Mill. The Perry Mason Claims\nshare very similar geology with Sable's Baker Mine. The experience Sable\ngained in successfully developing Baker will be of great value in exploring\nand developing the Perry Mason claims. Work is scheduled to begin on the Perry\nMason Claims in early June.\n\n\nAbout Sable Resources Limited: http://www.sableresources.com\n\n\n------------------------------------------------------------\n\n\nSable Resources is focused on the development and exploration of its gold\nand silver properties in the Toodoggone region of northern British Columbia.\nSable owns a modern, fully-permitted 250-ton per day mill and supporting\ninfrastructure.\n\n\nThe stock Exchange has not reviewed and does not accept responsibility\n\n\nfor the adequacy and accuracy of this news release.\n\n\n","length":1867,"tagName":"div"}]