Sabre Resources (ASX:SBR) to take on scoping study at Namibian prospect

Highlights

  • Sabre Resources (SBR) is preparing to kick off a scoping study at its Border lead-zinc deposit in Namibia
  • The scoping study is designed to assess the economic viability of building an open-pit mine at the prospect, which is part of the Otavi Mountain Land project in northeastern Namibia
  • According to Sabre, the Border prospect is one of several important lead–zinc deposits along the 20-kilometre Pavian Trend in the project area
  • Importantly, Sabre owns the nearby Driehoek prospect which is just 15 kilometres away from Border — meaning it can add to the Border resource base
  • Sabre says it has already completed some detailed metallurgical testwork on the Border deposit
  • Shares in Sabre are trading grey this morning at 0.5 cents per share
  • Sabre Resources (SBR) is gearing up to kick off a scoping study at its Border lead–zinc deposit in Namibia.

 

The junior miner holds two tenements in the Otavi Mountain Land project in northeastern Namibia. The upcoming scoping study is designed to assess the economic viability of building up an open-pit mine and processing operation at the Border prospect in the project area.

Sabre has engaged engineering and operations management group DRA Global to conduct the scoping study. DRA is based in Perth with an office in South Africa.

According to Sabre, the Border prospect is one of several important lead-zinc deposits along the 20-kilometre Pavian Trend in the Otavi Mountain Land project area.

As it stands, Border has an inferred mineral resource of 16 million tonnes at 1.53 per cent zinc, 0.59 per cent lead and 4.76 grams per tonne of silver.

The Border resource, Sabre said, is a key component of the company's strategy of finding and developing high-tonnage moderate-grade lead-zinc open-pit mines. These mines will feed into a central processing plant in the project area.

Importantly, Sabre owns the nearby Driehoek prospect, which is just 15 kilometres away from Border — meaning it can add to the Border resource base. Several lead-zinc prospects have already been drilled at Driehoek, with diamond drilling returning a 61.85-metre hit at 4.21 per cent lead and zinc from 12.45 metres.

Moreover, Sabre management explained that it has already completed some detailed metallurgical test work on the Border deposit to test the response of mineralisation in the area to dense media separation.

Source: https://themarketherald.com.au/sabre-resources-asxsbr-to-take-on-scoping-study-at-namibian-prospect-2021-03-04/

 

About DRA

DRA is a diversified global engineering, project delivery and operations management group headquartered in Perth, Australia, with an impressive track record spanning more than three decades. Known for its collaborative approach and extensive experience in project development and delivery, as well as turnkey operations and maintenance services, DRA delivers optimal solutions that are tailored to meet clients’ needs.

With expertise in the areas of project development, mining, mineral processing, plant optimisation, operational readiness, systems integration, operations & maintenance and related water, energy, industrial and infrastructure requirements, DRA delivers truly comprehensive solutions to the resources sector. DRA employs more than 4500 people and offers flexible engineering and operations management services worldwide through its 20 offices.

END

Enquiries:
Christo Visser
Senior Vice President - DRA Global
christo.visser@draglobal.com
+61402901555