LARGE NEW LITHIUM AND GOLD ANOMALIES IDENTIFIED OVER HIGHLY -...

LARGE NEW LITHIUM AND GOLD ANOMALIES IDENTIFIED OVER
HIGHLY - PROSPECTIVE CAVE HILL GREENSTONE BELTS
■ Highly-anomalous lithium and gold targets identified from soil sampling across the Company’s
extensive 700 square kilometres (sq.km) Cave Hill Project tenements in WA’s world-class
Eastern Goldfields gold, nickel and lithium province (see Figure 1).
■ The largest new lithium anomaly, located in the southern part of E15/1844 (Figure 1), is over
5km x 5km and is associated with a northeast-trending fault corridor intersecting an extensive
buried greenstone corridor identified from magnetic imagery (Figure 2). This is a similar setting
to other high-grade lithium deposits in the region, including the Kangaroo Hills discovery which
has produced lithium-spodumene intersections of up to 29m @ 1.36% Li2O1, and the Mt Marion
Project which has a large Mineral Resource of 71.3Mt @ 1.37% Li2O2 (see Figure 1).
■ Several highly-anomalous gold results also produced from this broad 400m x 400m sampling
program, including values of up to 32ppb Au - more than 10 times background in this soil-
covered area (see Figure 3).
■ This extensive and highly prospective >100km strike-length greenstone corridor remains
virtually untested and is a continuation of the belt which hosts the Kangaroo Hills lithium
discovery1, the 2.8Moz2 Coolgardie Goldfield and the Nepean Nickel Mine (1.1Mt at 3.0% Ni
produced3) (Figure 1).
■ Extensive infill and extension soil sampling is set to commence to better define targeting for
an initial aircore drilling program, to be followed by RC and/or diamond drilling to test for
lithium-bearing pegmatites in bedrock and/or greenstone-hosted gold deposits.
SABRE RESOURCES CEO JON DUGDALE COMMENTED:
“The large lithium and gold soil anomalies we have identified across our extensive Cave Hill tenements
indicate that the large, untested, greenstone corridor discovered within the project is highly-prospective
for lithium-bearing pegmatites, as well as gold deposits.
“The Company will immediately commence infill sampling, and new sampling programs on other
recently granted tenements, to define aircore drilling targets for lithium and gold deposits in the
underlying greenstone lithologies.
“The Company has over 100km of strike of granted tenements over this newly identified greenstone
corridor. The corridor is along strike and parallel to other greenstone belts which host major lithium,
gold and nickel deposits in the region, such as the Mt Marion lithium deposit, the 2.8Moz Coolgardie
Goldfield and the Nepean nickel mine. The only difference appears to be that the Cave Hill greenstone
corridor is under shallow cover, which is why it has remained largely un-explored.
“We look forward to further defining these highly-anomalous lithium and gold zones and testing the
bedrock potential for new lithium, gold and nickel sulphide discoveries”.