Sabre Resources Ltd (ASX: SBR) has intersected high-grade nickel, copper and cobalt mineralisation associated with massive, breccia matrix and stringer sulphides with diamond hole SBDD003A from the latest drilling campaign at its Sherlock Bay nickel sulphide project in Western Australia’s Pilbara region.
The new intersection includes: 17.0m @ 0.6% NiEq (0.44% Ni, 0.14% Cu, 0.03% Co, 0.06 g/t 3E) from 359m incl. 4.0m @ 0.8% NiEq (0.65% Ni, 0.13% Cu, 0.03% Co, 0.03 g/t 3E) from 366m incl. 1.66m @ 1.0% NiEq* (0.81% Ni, 0.20% Cu, 0.04% Co, 0.02 g/t 3E) from 367m
The sulphide intersection in SBDD003A, which includes massive and matrix-breccia sulphides, occurs between lobes of the Sherlock mafic-ultramafic intrusive.
The latest intersection of higher-grade nickel, copper and cobalt reinforces potential to discover further massive and breccia-matrix sulphides at Sherlock Bay and upgrade the existing resource,” CEO, Jon Dugdale, said.
“Planning is already advanced for a new drilling programme which will test the strong electromagnetic conductors we have identified, including the strongest conductor identified to date, which lies west of the recent higher-grade intersections and runs for over 1km strike length.
“The recent drilling also provides metallurgical samples for new sulphide concentrate testwork and development studies into a major new nickel-sulphide project development, to take advantage of increasing global demand for the ‘future facing’ battery metals within our deposit.”
The higher-grade nickel-copper-cobalt sulphide zone in SBDD003A correlates with the C3 downhole electro-magnetic (DHEM) conductor detected from previous hole SBDD002, which includes massive and matrix-breccia sulphide grades of up to 1.18% NiEq (1.02% Ni, 0.16% Cu, 0.05% Co)
Significantly, these new nickel sulphide intersections are outside and to the west of the Discovery resource zone at Sherlock Bay, which remains completely open to the west where the recently detected, one km long, strong surface EM anomaly is located.
“The latest results and the detection of the strong EM anomalies points to excellent potential for further massive sulphide discoveries in this exciting, untested, target zone,” Mr Dugdale added.
