Sable Announces Option Agreement Consolidating the New “Zorro” Project in San Juan, Argentina
Globenewswire·2026-01-15 12:00

Core Viewpoint - Sable Resources Ltd. has entered into a binding letter agreement to acquire a 100% interest in the "La Esquina" property in San Juan, Argentina, which will be consolidated into the "Zorro Project" comprising 5,236 hectares [1][11]. Project Overview - The Zorro Project is located in the Frontal Cordillera of San Juan, adjacent to significant copper and polymetallic deposits, including the Minsud/South32 Chita Valley Project and the Chita South Porphyry Deposit [2]. - The project area has historical mineral occurrences and is characterized by a large magnetic anomaly measuring approximately 7km by 4km [3]. Mineralization Styles - Intrusion-Related Cu Mineralization: Copper mineralization has been identified near the Chita South and Chinchillones deposits, with plans for detailed mapping and a drill program in the second half of 2026 [4]. - Magmatic-Hydrothermal Breccias: A breccia zone measuring approximately 180m by 100m has been observed, indicating potential for copper mineralization at depth [5]. - Epithermal Veins: Discrete epithermal veins have been found in the periphery of the magnetic anomaly, with various minerals observed, including galena and sphalerite [6]. Exploration Activities - During the initial reconnaissance, Sable collected 98 rock samples for analysis, benefiting from excellent road access and low elevation, which will reduce exploration costs [7]. - The company is committed to exploring the Zorro Project, which is part of a larger regional program in San Juan, Argentina [8][13]. Option Agreement Details - The binding letter agreement allows Sable to conduct due diligence until February 28, 2026, with a 1% net smelter royalty on the property that can be purchased for US$1,000,000 [11][14].

Sable Announces Option Agreement Consolidating the New “Zorro” Project in San Juan, Argentina - Reportify