Sabre Resources climbs on operation update of recently acquired gold project

Sabre Resources

24/09/2021 05:04

** Shares of Sabre Resources Ltd  SBR.AX  climb as much as
11.1% to A$0.005, their best intraday session since Sept. 16
    ** Australian SBR plans (https://bit.ly/3o4lqP1) detailed
magnetics and gravity surveys at Ninghan gold project in Western
Australia during Q4 of this year to test bedrock gold targets
prior to drilling 
    ** Expects acquisition of Ninghan project announced on Jul
21 to be completed by Oct. 5 
    ** Says to target further projects within the Ninghan gold
project in the region of southern Murchison to build tenement
holdings
    ** Stock has fallen 50% this year, as of last close

 (Reporting by Aneetta Thomas in Bengaluru)
 ((Aneetta.Thomas@thomsonreuters.com;))