Sable has received results from two drill holes, while a further 12 drill holes are currently being analyzed by ALS Minerals.

Ruben Padilla, President and CEO of Sable, said, “These continued positive drill results confirm that the La Verde vein is a high priority in our ongoing drilling program and the El Fierro project.

Highlighted interceptions include:

Hole LV-DH-21-45

• 353.59 g/t AgEq (96 g/t Ag; 2.77 g/t Au; 0.13% Cu; 0.32% Pb) on 2.0m from 98.00 to 100.00m

Including

• 592.78 g/t AgEq (50.4 g/t Ag; 6.14 g/t Au; 0.1% Cu; 0.58% Pb) on 0.50m from 98.00 to 98.50m

And

• 529.96 g/t AgEq (149 g/t Ag; 4.34 g/t Au; 0.12% Cu; 0.16% Pb) on 0.50m from 99.00 to 99.50m

Hole LAG-DH-21-47

• 265.23 g/t AgEq (112.1 g/t Ag; 0.16 g/t Au; 0.19% Cu; 0.93% Pb; 2.07% Zn) on 1.0m from 59.10 to 60.10m

Including

• 297.10 g/t AgEq (144 g/t Ag; 0.15 g/t Au; 0.24% Cu; 1.17% Pb; 1.77% Zn) on 0.5m from 59.10 to 59.60m

Hole LV-DH-21-45 is located in the central block of La Verde 270m west of LV-DH-21-08 which was the best drill intersection of the last campaign (see Sable du May 3, 2021). Hole LAG-DH-21-47 is the first hole received from a number of holes drilled in the Lagunitas Zone and is located 560m SE of hole LV-DH-21-19 which was drilled last season and intersected 87.31 g/t AgEq on 40.6m (see Sable’s press release of August 24, 2021).

The mineralization intercepted in the reported drill holes represents between 60% and 90% true thickness. Maps and tables associated with this press release will be available on the Sable website (www.sableresources.com). Silver equivalent (AgEq) is calculated based on 100% recovery and prices of $18 per ounce for silver; $1,500 per ounce for gold; $0.85 per pound for lead; $1.1 per pound for zinc; and $3.0 per pound of copper. Cu, Pb, Zn values ​​below 0.1% and Au values ​​below 0.1 g/t were not taken into account in the AgEq calculation.

ABOUT THE EL FIERRO PROJECT

The El Fierro project is located 250 km northwest of San Juan, Argentina and 120 km north of the Don Julio de Sable project in one of the best-known historic mining districts in the province of San Juan. The El Fierro project consists of four main known mineralized zones – Fierro Alto, Fierro Bajo, La Verde and Lagunitas in an area of ​​8.6 km x 6.2 km. Three of the four areas are home to a number of former artisanal mining operations where silver, lead and zinc were mined intermittently from the late 1800s through the 1960s. Prior to the 2021 Sable drilling program , the property had never been drilled. Sable currently controls 58,510 hectares covering all historically mineralized areas and additional highly prospective land on a large magnetic anomaly.

QUALIFIED PERSON

Luis Arteaga M.Sc. P.Geo., Vice President Exploration is the qualified person of the Company as defined by NI 43-101. It has reviewed and approved the technical information contained in this press release.

ABOUT SABLE RESOURCES LTD.

Sable is a young, well-funded grassroots explorer who is focused on discovering new precious metal projects through systematic exploration in endowed lands located in favorable and established mining jurisdictions. Sable’s primary focus is to grow its large portfolio of greenfield new projects at the resource level. Sable is actively exploring the San Juan Regional Program (163,969 ha) incorporating the Don Julio, El Fierro, La Poncha and los Pumas projects in San Juan Province, Argentina; and the regional program in Mexico (1.16 Mha in application, 39,000 ha titled) incorporating the Vinata and El Escarpe projects.

Related link: sandresources.com

Neither the TSX Venture Exchange nor its Regulation Services Provider, as that term is defined in the policies of the TSX Venture Exchange, accepts responsibility for the adequacy or accuracy of this release.

SAMPLE PREPARATION AND QA/QC

Preparation of samples for projects in Argentina is produced by ALS Chemex Argentina, a subsidiary of ALS Minerals, in its plant located in Mendoza, Argentina. The analyzes are carried out in their laboratory in Lima, Peru. Preparation of the sample includes drying in an oven at a maximum temperature of 60°C, fine grinding of the sample to at least 70% passing less than 2 mm, fractionation of the sample using a riffle separator and spraying a 250 g fragment at least 85% passing 75 microns (code PREP-31).

Gold was analyzed by fire assay of a 30 g split sample with detection by inductively coupled plasma atomic emission spectrometer (ICP-AES); multi-elements were analyzed by aqua regia digestion of a 1 gram subsample with detection by inductively coupled plasma atomic emission spectrometer (ICP-AES) for 35 elements (Ag, Al, As, B, Ba, Be, Bi, Ca, Cd, Co, Cr, Cu, Fe, Ga, Hg, K, La, Mg, Mn, Mo, Na, Ni, P, Pb, S, Sb, Sc, Sr, Th, Ti, Tl, U, V, W, Zn) (codes Au-ICP21 and ME-ICP41). This digestion method dissolves most minerals but not all elements are quantitatively extracted in some sample matrices. Ag, Cu, Pb, Zn Limit Exceeded OG46 analyzes are performed when samples exceed upper detection limits; this method includes Aqua Regia digestion and ICP-AES finish. The Ag-GRA22 method which includes Fire Assay with gravimetric finish is applied when Ag exceeds 1500 g/t. The tritration method is applied when Pb and Zn exceed 20 and 30% respectively (codes Pb-VOL70 and Zn-VOL50). Control samples (standards, blnks and duplicates) are systematically inserted and their results evaluated according to the Company’s protocols.

CAUTION REGARDING FORWARD-LOOKING STATEMENTS

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. Use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “plan”, “estimate” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on Sable’s current beliefs or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. Although these statements are based on reasonable assumptions of Sable’s management, there can be no assurance that the conclusions or predictions will prove to be correct.

Although Sable considers these assumptions to be reasonable based on currently available information, they may prove to be incorrect. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. These factors include the risks inherent in the exploration and development of mineral deposits, including the risks associated with changes in project parameters as plans continue to be refined, the risks associated with changes in grade or recovery, risks related to changes in mineral prices and global demand for and supply of minerals, risks related to increased competition and current global financial conditions and the COVID-19 pandemic, access risks and procurement, dependence on key personnel, operational and regulatory risks, including risks relating to the acquisition of necessary licenses and risks relating to permits, financing, capitalization and liquidity.

The forward-looking information contained in this release is made as of the date hereof, and Sable undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities. laws. Due to the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

SOURCE Sable Resources Ltd.

For further information: Ruben Padilla, President and CEO of [email protected] or +1 (520) 488-2520