Sable Resources (TSE:SAE) has released an update.
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Sable Resources Ltd. has issued 500,000 common shares as part of the initial consideration for acquiring a 100% interest in the Perk-Rocky Copper-Gold Porphyry Project, following the approval of the TSX Venture Exchange. Additionally, the company outlined the terms under which it can buy down up to 2% of the net smelter return royalty on the project. Sable Resources is actively engaged in exploring and developing its portfolio of new projects in established mining jurisdictions including Argentina and Mexico.
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