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Sabre Resources set to test East Tennant copper-gold targets in NT
Sabre Resources secured a drilling contractor for up to 6,000m at Kurundi North, testing Tennant Creek-style IOCG targets under shallow cover. Drilling begins after shareholder meeting.
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Sabre Resources has signed a drilling contractor for a 6,000m program at its Kurundi North project in the Northern Territory's Tennant Creek copper-gold belt. The work will combine aircore and slim-line reverse circulation drilling.
CEO Jon Dugdale said the program will test Tennant Creek look-alike targets. "Preparations are underway and drilling is expected to commence within a few weeks of the upcoming shareholders meeting, subject to approval of this transformational acquisition of over 4,000 sq. km of project areas in the Tennant Creek region," he said.
Kurundi North came to Sabre through the acquisition of Brema Resources, which owns the East Tennant Ridge iron-oxide-copper-gold (IOCG) projects, and North Tennant Minerals, holder of the North Arunta gold project. The company said the region has seen very little previous drilling under shallow cover, even though geophysical data suggests the Tennant Creek mineralised belt continues into the area.