Sable Resources Ltd.
Sable Resources Ltd. is a Vancouver-based grassroots exploration company targeting Tier-1 precious-metal and copper porphyry/epithermal systems, primarily in San Juan, Argentina, with a secondary portfolio in British Columbia, Canada. Its flagship, fully self-funded Zorro copper-gold porphyry project in San Juan began first-pass drilling in late Q2 2026. Sable has also de-risked two other San Juan assets -- El Fierro (epithermal vein system, advancing Phase Two drilling) and Cerro Negro (concealed porphyry/epithermal targets) -- via letter agreements with Moxico Resources plc, under which Moxico may earn up to a 51% interest by funding exploration. The company ended 2025 with a strong treasury of approximately C$17 million (including pending 2025 earn-in contributions), providing runway for its 2026 exploration program across the Pyros porphyry system and BC properties (Copper Queen, Copper Prince, Core Mountain). President & CEO is Dr. Ruben Padilla, a geologist credited as part of exploration teams behind the discovery of over 47 Moz of gold, including the Colosa and Gramalote deposits in Colombia and the Lynx deposit in Quebec's Windfall camp; Kelso Cartwright is Chief Financial Officer.
Notable vs. Peers
- Financials score of 8.7/10 is stronger than the peer average of 5.3/10.
- Jurisdiction risk score of 6/10 is meaningfully riskier than the peer average of 7.8/10.
- Trading within 2% of its 52-week low — weak recent price momentum.
Lifecycle Milestones
Jurisdiction (40%)6/10
San Juan, Argentina: Fraser PPI 2025 is 79.86 of 100 (rank 22 of 68), which maps to 9 on this site's scale, less 3 for Argentina's national currency, capital-control and export-duty risk, so 6. Its primary exploration focus is in San Juan, Argentina, an established Andean mining province with a functioning permitting regime; its secondary British Columbia, Canada properties are not reflected in this single flagship-based score.
Infrastructure (40%)No verified figure
Researched with nothing found: no source we could cite confirms or rules out an existing mill, road access, grid power, or tailings facility at El Fierro Copper-Gold-Molybdenum Project (Moxico Resources letter agreement), San Juan Province, Argentina (checked Oct 5, 2026; recheck due Apr 3, 2027). Counts at a neutral 5/10 until one does.
Nearby producing mine (20%)Not yet researched
No project coordinates on file yet, so distance to a producing mine can't be measured.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score: Not yet researched
Distance not yet researched: no project coordinates on file
Distance can't be measured without coordinates, so excluded rather than counted as far.
Weight 22.5% - Lifecycle stageSub-score:1/10
Stage: Grassroots Exploration
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 57% here - JurisdictionSub-score:6/10
Argentina: jurisdiction score 6/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 26% here - CommoditySub-score:10/10
Primary commodity: Gold
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 17% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
President & CEO of Sable Resources Ltd.; geologist with 35+ years in mineral exploration, part of teams that discovered over 47 Moz of gold including the Colosa and Gramalote deposits in Colombia and the Lynx deposit in Quebec's Windfall camp.
Chief Financial Officer of Phoenix Metals Corp.; also Chief Financial Officer of Sable Resources Ltd. (CPA) Finance/accounting executive with 10+ years of public and private financial reporting experience across Canada and the U.S. Former Corporate Controller for JDS Silver and CFO for Sabre Resources.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
ASA Gold & Precious Metals Ltd, a genuine specialist precious-metals fund, holds a meaningful stake. Osisko Gold Royalties took a real cash-subscribed strategic position in 2019 with a multi-year exploration-funding arrangement, though it is now old and not corroborated as still current. Three directors have bought on the open market repeatedly through 2025-2026 with zero selling on record.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
A plain-language summary of this company's technical-report findings isn't written yet. See the cited figures on this page and the documents below.
No reports or presentations linked yet.