VINATA

The Vinata Project is located in the Municipality of Chihuahua, State of Chihuahua 50 km south of the city of Chihuahua.

Vinata

Key Highlights

• Grassroots Finding
• Never Drilled before Sable
• Low-Sulphidation Epithermal Au
• Mining Friendly Chihuahua State
• 100% Sable Owned
• Completed 43-101 Technical Report
• 10 Holes Completed in 2019 Drilling campaign
• Second Drilling Campaign Ongoing

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The Vinata project is an early-stage project generated by BlueJoint Resources as part of their extensive greenfields exploration program from 2012-2015. The silica textures observed and geochemical signature of low anomalies of Au, strongly anomalous As, Sb, Hg and Ba, and low Ag, Cu, Pb and Zn are characteristic of the upper levels of an epithermal system. Sable has 100% rights to the project.

Deposit Geology

Two main target zones have been identified at the Vinata project, Vinata North and Vinata South, separated by 3.5 km of quaternary gravels. Vinata North surface expression consists on a series of epithermal veins running along strike for 1.1 km with individual thicknesses between 1m and 12m. The entire vein zone reaches 120m of width in some areas. The Vinata North veins are characterized by typical high-level anomalies of Au, Ag, As, Ba, Hg, Mn, and other pathfinder elements. The veins are hosted within silicified rhyolite flows and surrounded by calcareous sediments and dioritic dykes. Observations from the first drilling campaign show significant gold values associated with fine quartz vein stockwork in the mentioned rhyolites. The Vinata South target consists of a group of old artisanal mining works where Manganese-rich veins and hydrothermal breccias were exploited in the past. The Mn bearing structures are hosted within welded ignimbrite layers and show strong anomalies of As, Ba, Sb, and Mo that Sable considers might zone at depth to Ag/Au mineralization. The presence of limestone and diorite intrusions opens the possibility of a concealed skarn or CRD target.