Sabre Resources Ltd (AU:SBR) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Sabre Resources Ltd has been actively developing its exploration projects in Western Australia and the Northern Territory, focusing on high-grade uranium, lithium, and nickel-copper-cobalt and gold targets. With an expenditure of $895k, 85% of which was dedicated to in-ground exploration, the company ended the quarter with a strong cash position of $4.4M, ready to continue its exploration efforts. Key progress includes identifying drilling targets for high-grade uranium in the Ngalia Basin and expanding its Northwest Pilbara tenements to explore for lithium and gold.
For further insights into AU:SBR stock, check out TipRanks’ Stock Analysis page.