Sabre’s Dingo Discovery Raises Stakes Amid Pending Regulatory Approvals

Sabre Resources has revealed promising rockchip sampling results at its Dingo Uranium Project, identifying three new target areas rich in uranium, critical metals, and rare earth elements. Planned soil sampling and drilling aim to further evaluate these discoveries.

  • Three new target areas identified – Rankins North, Dingo East, and Roadside
  • Highly anomalous uranium and critical metals detected in rockchip samples
  • Rare Earth Elements (REE) concentrations notably high at Dingo East and Roadside
  • Eclipse IP Target shows uranium mineralisation potential in Mt Eclipse Sandstone
  • Follow-up auger soil sampling and drilling planned pending regulatory approval
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Exploration Breakthrough at Dingo Uranium Project

Sabre Resources Ltd has announced significant progress in its exploration efforts at the Dingo Uranium Project, located approximately 300 kilometres northwest of Alice Springs in the Northern Territory. An extensive rockchip sampling program has identified three new prospective target areas, Rankins North, Dingo East, and Roadside, each exhibiting highly anomalous levels of uranium, critical metals, and rare earth elements (REE).

Diverse Mineralisation Across Multiple Targets

The Rankins North target stands out with uranium concentrations reaching up to 169ppm, alongside notable copper, bismuth, tin, tungsten, and gold values. This area features fractured granite with mineralised veins and skarn outcrops, suggesting potential for both uranium and base metal deposits. Meanwhile, the Dingo East target is characterised by elevated Total Rare Earth Oxide (TREO) values up to 1,364ppm, associated with a corridor of pegmatite dykes and mineralised fault zones extending over 3 kilometres. The Roadside anomaly also shows promising REE values, with up to 688ppm TREO linked to fault zones and pegmatite outcrops.

Eclipse IP Target – A Window into High-Grade Uranium Potential

Further enhancing the project's prospects, new mapping and sampling at the Eclipse IP Target revealed anomalous uranium in outcrops of the Mt Eclipse Sandstone, a geological unit known to host high-grade uranium deposits nearby, such as the Camel Flat and Bigrlyi deposits. Geophysical surveys have identified chargeability anomalies along strike from these outcrops, indicating potential untested uranium-bearing sulphidic units beneath cover. This discovery aligns with the company's strategy to target roll-front and tabular sandstone-hosted uranium-vanadium deposits analogous to established regional resources.

Next Steps – Soil Sampling and Drilling Await Regulatory Green Light

Sabre Resources plans to advance exploration with auger soil sampling over the Rankins North and Eclipse targets to better delineate anomalous zones beneath transported cover. These efforts will be followed by targeted aircore and slimline reverse circulation drilling to test the most prospective areas. Progress is contingent on finalising the Mine Management Plan, which is in advanced stages of approval with the Northern Territory Government. The company also intends to continue evaluating the REE potential across the Dingo tenements, reflecting a broader focus on critical metals alongside uranium.

Strategic Positioning in a Growing Market

Situated within the Ngalia Basin, a region with established uranium resources, the Dingo Project benefits from geological settings favourable for multiple deposit types. Sabre’s discoveries of uranium and critical metals targets come at a time when global demand for these commodities is intensifying, driven by energy transition and technology sectors. The combination of uranium, base metals, and rare earth elements within the project portfolio positions Sabre Resources to potentially capitalize on diverse market opportunities as exploration advances.

Bottom Line?

Sabre’s new targets at Dingo set the stage for a pivotal exploration phase that could reshape its resource outlook and market standing.

Questions in the middle?

  • How will the upcoming Mine Management Plan approval impact the timing of drilling programs?
  • What are the economic prospects of the newly identified critical metals and REE anomalies?
  • Could the Eclipse IP Target reveal a high-grade uranium deposit comparable to nearby Camel Flat or Bigrlyi?