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Sabre Resources Limited (ASX:SBR)

ALERT: Price-sensitive ASX Announcement for SBR
Current share price for SBR : $0.006 -0.001 (-14.29%)+
Announcement
Release
25 Jun 2026 8:13AM
Price at Release
$0.007
Full Release
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Summary
Sabre Resources Limited is preparing to launch a comprehensive 6,000m drilling program at its Kurundi North project in the Tennant Creek copper-gold region of the Northern Territory. This initiative aims to explore Tennant Creek-like ironstone-copper-gold targets. The Kurundi North project is part of a significant 4,000km² acquisition pending shareholder approval. A drilling contractor has been secured, and preparations are underway. The Northern Territory Government has shown support by providing co-funding for subsequent diamond drilling. This endeavor focuses on a 10km corridor identified for its promising magnetic and gravity anomalies.
Key Points
  • Sabre Resources Limited is set to commence a 6,000m drilling program at the Kurundi North project, located in the Tennant Creek region.
  • The project focuses on testing Tennant Creek-like ironstone-copper-gold targets under shallow cover.
  • The acquisition of the Kurundi North project is part of a larger acquisition involving 4,000km² of tenements.
  • The drilling contractor has been secured, and the program will commence subject to shareholder approval.
  • The Northern Territory Government has awarded co-funding for follow-up diamond drilling of key targets.
  • Sabre Resources has identified a 10km strike-length corridor with magnetic and gravity anomalies.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.