SBR 4.55% 1.2¢ sabre resources limited

update, page-25

  1. 148 Posts.
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    Hi Retrac and all,

    Nice to see some dicussion by some of the long termers..

    Retrac - You ask a few questions earlier..Apologies for not getting back to you...I uuse HC sporadically..

    "You said 90+ RC holes completed at Schlangental. Is that on top of the RAB drilling or more likely the total holes completed, some RAB and some RC? " - Retrac

    The SBR manager I spoke to was very specific when he said that 90+ holes were made at Schlangental with the RC Rig at varying depths but on average around 18m deep. He did not mention any of the drilling with the RAB.


    "The switch to RC was to negate sample contamination as I understand it?" - Retrac

    Not sure. Did not ask.


    "Any word on depths? only 6-9 holes drilled deeper than 18m? or possibly more drilled to slightly greater depth?" - Retrac

    No. This was not discussed.

    Sorry couldnt be of more help mate....


    Fellas, although the assay turnaround times have blown out, lets look at this a little closer..SBR have made great progress in (i) identifying a very prospective area (Schlangental) and commencement of RC Drilling there, (ii) comprehensive drilling off Pad 1 to continue onto south of Pad 4, (iii) a second (company owned) DD Rig should be in use at Guchab by now (or close to), and (iv) a better understanding of the structure of the mineralisation is being understood to better focus exploration efforts.

    In my opinion the SBR team are getting on with the ops...albeit IMO its reporting to shareholders have taken a back seat at times..

    In addition, if the SBR team continue to find broad loenghts of 1%+ grade Cu from surface at Guchab, and Schlangental proves to be worth pursuing a JORC, then IMHO they should expediate the discovery process by adding even more drilling rigs..I will discuss this next time I speak with them..

    Good luck to all holders.

 
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