Business
Sable Resources Ltd. - Milling commenced
VANCOUVER, Feb. 28 /CNW/ - Sable Resources Limited (TSX.V: SAE) is pleased to announce that it ha...
About this update from Sable Resources Ltd.
[{"type":"text","content":"\n\n\n\nVANCOUVER, Feb. 28 /CNW/ - Sable Resources Limited (TSX.V: SAE) is\npleased to announce that it has commenced production at the Company's wholly\nowned Baker Mil. Underground development at the Shasta Mine has been completed\nto access three levels. Mineralized material is currently being extracted from\nmultiple working faces.\n\n\nMilling operations have commenced at a current rate of 170 tons per day.\nThe Company expects to begin pouring dore shortly.\n\n\nOver the next two quarters the Company anticipates refining operations to\nimprove throughput and efficiency. Historically, the Baker Mill has operated\nup to 250 tons per day with recoveries averaging 90% for silver and 93% for\ngold.\n\n\nThe Company looks forward to providing its shareholders with a more\ndetailed update on operations once revenues are commenced from the sale of\ndore.\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\nThis document contains certain forward looking statements which involve\nknown and unknown risks, delays and uncertainties not under the corporation's\ncontrol which may cause actual results, performance or achievements of the\ncorporation to be materially different from the results, performance or\nexpectation implied by these forward looking statements.\n\n\nThe TSX Venture Exchange has not reviewed and does not accept\n\n\nresponsibility for the adequacy or accuracy of this news release.\n\n\n","length":1813,"tagName":"div"}]