Sabre Resources Uncovers High-Grade Rare Earth Metals at Dingo Project
Sabre Resources has reported significant rare earth and critical metal anomalies at its Dingo Project in the Northern Territory, highlighting promising concentrations of key magnet metals Neodymium and Praseodymium. The company plans follow-up drilling to further evaluate these discoveries.
- Large TREO anomalies identified at Dingo East and Roadside prospects
- High proportions of critical magnet rare earth elements Nd and Pr detected
- Significant gold, lead, copper, and bismuth results at Rankins North
- Uranium targets at Eclipse 1 require aircore drilling due to alluvial cover
- Aircore drilling programs planned and incorporated into environmental mining licence
Exploration Breakthrough at Dingo Project
Sabre Resources Ltd has announced compelling new exploration results from its Dingo Project, located approximately 300km northwest of Alice Springs in the Northern Territory. The recent auger soil and rockchip sampling programs have revealed extensive anomalies in rare earth elements (REEs), particularly highlighting high concentrations of the critical magnet metals Neodymium (Nd) and Praseodymium (Pr), which are essential for high-performance magnets used in advanced technologies.
The Dingo East Prospect stands out with a defined 5km strike-length and 1km width anomaly exhibiting Total Rare Earth Oxide (TREO) values exceeding 180ppm. Rockchip samples from this area have returned TREO concentrations up to 1,365ppm, with Nd and Pr comprising up to 27% of the TREO, indicating strong potential for economically viable deposits.
Expanding the Footprint – Roadside and Rankins North
Complementing the Dingo East findings, the Roadside Target has produced even higher rockchip TREO values, reaching 1,657ppm over a 5km strike length associated with pegmatite and fault zones. The NdPr ratio here averages around 21%, reinforcing the prospect's significance for critical magnet metals.
Meanwhile, the Rankins North Prospect has yielded impressive critical and precious metal results, including up to 1.22g/t gold, 1.2% lead, 222g/t copper, and 57.5g/t bismuth from auger soil samples. These findings align with previous high-grade rockchip assays, suggesting a northeast-trending skarn and fault zone rich in valuable metals. Notably, uranium mineralisation indicators, such as elevated uranium radiometric anomalies and high U/Th ratios, have also been detected in this area.
Uranium Potential at Eclipse 1
The Eclipse 1 Uranium Target presents a different challenge, with strong induced polarisation (IP) anomalies concealed beneath alluvial cover. Auger soil sampling was unable to penetrate this cover, necessitating planned aircore drilling to test the underlying Mt Eclipse Sandstone, a known host for high-grade uranium deposits like Bigrlyi and Camel Flat. This drilling will be critical to assess the uranium potential of the area.
Next Steps and Strategic Outlook
Sabre Resources is preparing to undertake aircore drilling programs targeting the high-priority REE and critical metal anomalies at Dingo East, Roadside, and Rankins North, alongside testing the Eclipse 1 IP anomalies. These programs have been incorporated into the company's environmental mining licence applications, reflecting a methodical approach to advancing exploration while ensuring regulatory compliance.
CEO Jon Dugdale expressed optimism about the results, emphasizing the significance of the high NdPr proportions and the broad spatial extent of anomalies. The company’s strategic focus on critical metals aligns with global demand trends, positioning Sabre Resources to potentially contribute valuable resources to supply chains for clean energy and advanced technologies.
Bottom Line?
Sabre’s upcoming drilling campaigns will be pivotal in confirming the economic viability of these critical metal-rich zones, potentially reshaping its position in the strategic minerals sector.
Questions in the middle?
- Will the planned aircore drilling confirm economically viable grades and continuity of NdPr-rich REE deposits?
- How might the uranium potential at Eclipse 1 influence Sabre’s project portfolio and market valuation?
- What are the timelines and regulatory hurdles for advancing from exploration to development at the Dingo Project?