Aug 2 (Reuters) - Sabre Resources Ltd SBR.AX :
* TO ACQUIRE A 100% INTEREST IN POWER METALS
* ENTERED INTO BINDING SHARE SALE AGREEMENT WITH POWER METALS PTY LTD TO ACQUIRE A 100% INTEREST IN POWER METALS
* LOOKING TO WORK TOWARDS A FURTHER DRILLING PROGRAM AT ITS NAMIBIAN VANADIUM-LEAD- ZINC PROJECT TO ADVANCE RESOURCE DEPOSIT