Sabre Resources (SBR)

Shares / Stock Code

SBR

Stock Exchange / Sharemarket

Australian Securities Exchange

Sabre Resources (SBR) primary focus is the exploration and development of the Ongava Poly-Metallic Project in Namibia. Their licence contains over 30 known copper, lead, zinc and vanadium occurrences, ranging from grass-roots prospects, through unmined deposits such as Border and Driehoek, to historic mine sites such as Harasib Claims and Uitsab. In additon, Ongava is fertile ground for new discoveries like their Kaskara copper-lead-zinc discovery in 2009. Gallium, germanium, silver and gold, are also highly prospective.

Sabre Resources (SBR) listed on the Australian stock market (ASX) in December, 1987. It acquired three uranium projects in Tanzania in September, 2005. Sabre Resources Ltd, through a wholly owned Tanzanian subsidiary, acquired ownership of three Uranium prospective properties in Tanzania. It competes with other uranium explorers with interests in Tanzania such as Uranex NL (UNX).

Kaskara Discovery Project

The Kaskara-Lucas Post area is dominated by the Uitsab Fault, an east-west -trending fault that is interpreted to be a major discontinuity of the Otavi Mountainland. To the north, folded dolostones and limestones of the Tsumeb Subgroup of the Neoproterozoic Otavi Group are common, whereas to the south, folded dolostones and limestones of the lower Abenab Subgroup predominate.

Soil geochemistry data shows that there is continuity of anomalous lead and zinc values between Driehoek and Kaskara, and near continuity of copper anomalies also. The distance between Driehoek and Kaskara is around 2.5km. This continuity suggests that there may be a genetic link between these styles of mineralisation.

The most extensive style of mineralisation at Kaskara is the vein and gossan networks that surround and extend along strike from the massive poly-metallic gossans. The intensity of mineralisation in the vein and gossan networks varies markedly, as do textures within the mineralised rocks. Some of the most common textures include iron oxide breccia zones, selective replacement of rocks by copper vanadates and iron oxides, copper vanadate vein networks and fracture infill, and irregular gossan zones.

Propagation of Cu-Pb-Zn fluids up the major fault does not result in significant mineralisation, but entrapment of fluids in dead-end splays has resulted in extensive mineralisation at Kaskara and Lucas Post. Zonation of the copper content of mineralisation is dependent on proximity to source, with more copper-rich zones being closer to the fault zones. Mineralisation distal to the faults is more lead and zinc rich.

Infiltration of the evolved lead-zinc-rich fluids into strata (particular gaping bedding in antiforms) results in the development of stratabound Driehoek-style mineralisation. The correlation of the Driehoek and Kaskara styles of mineralisation opens the possiblitiy of stratiform mineralisation at Kaskara and fault-controlled mineralisation at Driehoek.

Sabre Resources (SBR) Products and Services

  • Mineral Exploration

Sabre Resources (SBR) Locations and Subsidiaries

Sabre Resources Head Office
Level 1, Sterling House, 8 Parliament Place,
WEST PERTH, WA, AUSTRALIA, 6005
Phone: (08) 9481 7833
Fax: (08) 9481 7835

Sabre Resources (SBR) Share Price

Submitted by ASX Listed Company on 29 May, 2010 - 22:00

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