Sabre’s Dingo Project Drilling Plans Hinged on Environmental Approvals Amid High-Grade Finds

Exploration Breakthroughs in the Northern Territory

Sabre Resources Limited has delivered a compelling update for the quarter ended 31 December 2025, revealing substantial progress across its flagship Dingo Project in the Ngalia Uranium Province. The company’s extensive auger soil and rockchip sampling programs have delineated large-scale rare earth element (REE) anomalies, notably at the Dingo East and Roadside prospects. These zones exhibit Total Rare Earth Oxide (TREO) values exceeding 180ppm over strike lengths of up to 5 kilometres, with rockchip samples reaching as high as 1,657ppm TREO.

Crucially, the REE mineralisation includes significant proportions of the critical magnet rare earths Neodymium and Praseodymium, which together constitute up to 27% of TREO at Dingo East and 22% at Roadside. These elements are vital for high-performance magnets used in electric vehicles and renewable energy technologies, positioning Sabre’s discoveries as potentially economically significant in a globally strategic market.

Critical Metals and Uranium Potential at Rankins North and Eclipse

At the Rankins North Prospect, soil sampling has returned impressive critical metals results, including gold assays up to 1.22g/t, copper concentrations reaching 222g/t, and notable lead and bismuth values. These findings are associated with a northeast-trending skarn and fault zone that also hosts uranium anomalies, with rockchip samples showing uranium concentrations up to 169ppm and elevated uranium/thorium ratios indicative of mineralisation.

Meanwhile, the Eclipse Uranium Target remains a high-priority area, with strong induced polarisation (IP) anomalies detected beneath alluvial cover. Although auger soil sampling was unable to penetrate the transported cover, planned aircore drilling aims to test these geophysical targets within the prospective Mt Eclipse Sandstone, known to host high-grade uranium deposits nearby.

Advancing Drilling Plans and Regulatory Approvals

Sabre is preparing follow-up drilling programs to further evaluate the REE anomalies at Dingo East and Roadside, as well as the critical metals and uranium mineralisation at Rankins North and Eclipse. These programs will be incorporated into updated Environmental Mining Licence applications submitted to the Northern Territory government, underscoring the company’s commitment to responsible exploration practices.

Western Australia Projects and Financial Position

In Western Australia, Sabre’s Sherlock Bay nickel-copper-cobalt project continues to advance with a renewed mining lease extended to 2046 and a granted five-year exemption from expenditure requirements. This reflects confidence in the project’s future economics amid improving commodity prices. Additionally, exploration at the Andover East lithium targets and Nepean South JV gold and nickel prospects is progressing, with planned programs contingent on tenement grants and native title agreements.

Financially, Sabre maintains a robust position with $3.52 million in cash at quarter-end and recently secured a $0.6 million placement to support ongoing exploration and corporate activities. The company also retains upside from the sale of its Ninghan Gold Project tenements to Capricorn Metals, including contingent milestone payments and royalties.

Outlook

Sabre Resources’ December quarter results highlight a diversified portfolio of high-potential mineral targets across rare earths, critical metals, uranium, and battery metals. The upcoming drilling campaigns and regulatory approvals will be pivotal in translating these promising geochemical anomalies into defined resources, potentially positioning Sabre as a key player in critical minerals supply chains.