Sable Receives Additional $5 Million Payment from OR Royalties Inc
The Manila Times·2025-09-12 11:20

Core Insights - Sable Resources Ltd. has received a payment of $5 million from OR Royalties Inc. related to the royalty sold to OR for TDG Gold Corp., triggered by exceeding the Discovery Milestone in drill results at the Greater Shasta-Newberry project [1][2] - With this payment, Sable has now received a total of $8.8 million from the royalty sale, and there is potential for an additional $2 million if OR exercises its option for another 1% royalty on Sable's properties in British Columbia [1][2] Company Overview - Sable Resources Ltd. is a junior grassroots explorer focused on discovering Tier-One precious metal and copper projects through systematic exploration in established mining jurisdictions [2] - The company is actively exploring a large portfolio of Greenfields projects, including the San Juan Regional Program in Argentina and properties in British Columbia [2]

Sable Receives Additional $5 Million Payment from OR Royalties Inc - Reportify