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The latest update is out from Sabre Resources Ltd ( (AU:SBR) ).
During the quarter ended December 2024, Sabre Resources made significant progress at its Dingo Uranium Project in the Ngalia Basin, identifying four distinct IP chargeability anomalies over a 3.5km strike length. These anomalies, which are potential targets for uranium-bearing units, have not been effectively tested by previous drilling efforts. The company plans to conduct air core drilling to test these targets, pending approval from the NT Government. Additionally, Sabre is compiling geophysical data to define uranium targets at its Lake Lewis Project, which shows potential for uranium-vanadium mineralization.
More about Sabre Resources Ltd
Sabre Resources Limited is an exploration company focused on developing high-grade uranium prospects within its extensive tenement package in the Ngalia Basin, Northern Territory. The company targets roll-front/tabular sandstone-hosted uranium deposits, similar to other significant resources in the area.
YTD Price Performance: 0.0%
Average Trading Volume: 479,593
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$3.54M
For detailed information about SBR stock, go to TipRanks’ Stock Analysis page.
