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Sabre Resources Advances Diverse Mining Projects

Sabre Resources Advances Diverse Mining Projects

Sabre Resources Ltd (AU:SBR) has released an update.

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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.

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