Sable Receives Multiple Anomalous Cu-Au-Ag Results from the Perk Rocky Project in British Columbia

Sable Resources Ltd.

Thu, Sep 19, 2024, 5:00 AM 13 min read

Dr. Ruben Padilla, President and CEO of Sable, stated, “Sable’s team undertook a significant exploration program at Perk Rocky during the summer including extensive mapping and rock sampling augmenting historical sampling programs. This program has provided us with a better understanding of the geology of the project area and has broadly expanded the known mineralized Cu-Au-Ag footprint. We are working on completing the mapping and sampling work for this season, that will allow us to better understand the mineral system and its exploration potential.”

Figure 1. Location of historical samples vs Sable’s 2024 rock samples.

Highlights

Reprocessing and interpretation of historical VTEM data.
343 rock samples collected with 307 results received. All samples analyzed for Au, multielements and Terraspec.
Three months of mapping, rock sampling, and prospection.
Received results show values as high as 24.1% Cu, 560 g/t Au, and 591 g/t Ag.

Figure 2. Distribution of copper values at the Perk Rocky Project.

Geology Description

Sable’s ongoing geological work at the Perk Rocky project is reporting different styles of mineralization including a large footprint of Cu-Au-Ag anomalous sodic-calcic alteration found in outcrops, subcrops, and float altered to epidote, albite, garnet, magnetite, and chalcopyrite that have returned significant values of Cu-Au-Ag. Small zones with Au-Cu porphyry A-type veinlets in diorites, and low-angled quartz veins hosting pyrite, sphalerite, chalcopyrite that have returned strongly anomalous Au-Ag-Cu-Zn values.

From the 307 rock samples with results received, 90 samples returned values higher than 0.1% Cu ranging from <100 ppm Cu to a maximum of 24.1% Cu in a grab sample of quartz epidote vein with chalcopyrite and tennantite; 85 samples returned values higher than 0.1 g/t Au ranging from detection limit to an extremely high value of 560 g/t Au from a boulder of quartz vein with abundant sphalerite and 44 samples returned values higher than 5 g/t Ag with a maximum of 590 g/t Ag.

Figure 3. Distribution of gold results at the Perk Rocky project

Figure 4. Distribution of silver results at the Perk Rocky project

The Company is currently finishing the mapping work for this season and working on final mapping edits and interpretation of all data to define the next exploration steps. The Company notes that grab samples are selective by nature and therefore should not be understood as representative of the actual grades in the property. Table 1 below includes all samples with values >0.1% Cu along with some high-grade Au samples with low copper.

Table 1. Highlighted results from sampling at Perk Rocky Project.

Target	North	East	Elevation	Site	Ag (g/t)	Au (g/t)	Cu (ppm)	Zn (ppm)
BRITON	5741138	357063	2370	Float	356	4.94	241,000	30
PR	5741516	358462	2254	Outcrop	92	0.03	45,600	105
Pin	5740175	359738	2278	Outcrop	56.3	0.221	36,700	80
BRITON	5741112	356559	2452	Float	37	0.018	32,300	159
RYA	5739579	358605	2523	Outcrop	20.9	1.71	31,500	45
PR	5741687	358492	2277	Float	34.4	0.533	19,600	79
Pin	5739913	359631	2335	Float	51.9	9.69	19,450	36
BRITON	5741064	356725	2408	Float	5.76	0.162	17,750	169
BRITON	5741364	357277	2519	Outcrop	15	0.455	16,250	82
RYA	5740097	356236	2340	Outcrop	10.75	0.711	15,850	171
Perkins	5741778	358268	2211	Float	29.1	0.091	15,800	31
PR	5739864	356161	2525	Outcrop	37	4.67	15,800	12,200
Pin	5740501	359497	2119	Float	18.65	0.559	14,300	22
Pin	5740358	360071	2114	Outcrop	24	0.601	13,950	74
PR	5740483	359918	2045	Float	24.8	2.42	13,150	55
Pin	5740260	359821	2283	Outcrop	4.69	1.56	12,500	41
Pin	5740289	360061	2137	Float	2.84	0.5	12,250	45
BRITON	5741125	356666	2517	Dump	0.47	0.009	12,150	8,280
PR	5741160	355728	2655	Outcrop	7.64	0.314	12,100	115
BRITON	5741244	357234	2404	Float	9.12	0.018	11,700	22
PR	5741468	360696	2080	Outcrop	11	0.035	11,600	102
S BRITON	5739603	358183	2384	Outcrop	13.3	0.04	10,900	101
PR	5739866	356140	2530	Outcrop	21.4	13.6	10,550	13,350
Emerald Lake	5740032	359609	2263	Outcrop	6.12	0.52	9,830	16
RYA	5739547	358592	2420	Float	11.45	0.14	9,370	658
PR	5740486	359906	2038	Float	3.93	0.036	9,340	45
Pin	5740054	359795	2262	Outcrop	25.4	0.72	9,330	122
PR	5742564	359465	2085	Float	90.5	0.516	9,210	76
RYA	5739597	358633	2541	Float	8.29	0.418	8,440	72
Briton	5741521	356144	2774	Float	5.68	0.332	8,120	56
PR	5740403	360009	2097	Outcrop	3.42	0.046	7,970	55
PR	5741480	358410	2251	Outcrop	99	0.123	7,820	141
PR	5741812	360846	2040	Outcrop	5.64	0.005	7,650	204
RYA	5739661	357979	2459	Outcrop	7.69	3.26	6,750	142
Perkins	5741308	356191	2636	Float	5.1	0.086	6,730	101
Pin	5740397	359634	2347	Outcrop	5.89	0.586	6,710	47
RYA	5740243	359821	2263	Float	2.17	0.252	6,400	35
Pin	5740413	360015	2095	Outcrop	2.71	0.138	5,510	28
PR	5740086	359814	2267	Outcrop	10.45	0.204	5,380	129
Briton	5739955	357818	2330	Float	5.12	0.705	5,360	153
Briton	5741170	356225	2552	Float	5	0.007	5,060	81
Pin	5740066	359804	2277	Outcrop	10.1	0.942	4,960	139
BRITON	5740779	356407	2316	Float	2.54	0.117	4,010	72
Pin	5740430	359846	2104	Float	1.32	0.013	3,810	65
PR	5740213	359866	2251	Outcrop	3.21	2.46	3,600	40
PR	5739810	355504	2512		6.64	0.697	3,550	193
Pin	5740247	359771	2260	Outcrop	3.81	0.198	2,950	73
Pin	5740672	360157	1930	Float	1.15	0.032	2,730	56
RYA NORTH	5739933	357825	2279	Float	2.9	0.105	2,600	95
RYA NORTH	5739826	357932	2321	Outcrop	4.17	0.196	2,570	127
RYA	5739528	358518	2463	Subcrop	1.48	0.05	2,500	49
RYA NORTH	5739841	357932	2322	Outcrop	3.92	0.284	2,470	153
S BRITON	5739595	358240	2357	Outcrop	5.03	0.156	2,460	267
PR	5741037	355489	2616	Outcrop	1.92	0.154	2,360	158
RYA	5739564	358540	2496	Outcrop	8.32	0.306	2,350	50
BLUEBELL	5743805	358463	1962	Float	4.73	0.037	2,330	79
PR	5741547	358528	2248	Subcrop	3.16	0.013	2,260	93
Pin	5740428	359887	2082	Float	10.45	0.638	2,150	30
Pin	5740397	359734	2283	Outcrop	1.12	0.111	2,110	43
Pin	5740212	360416	2000	Float	0.42	0.088	2,100	88
Pin	5739799	359584	2351	Outcrop	2.38	0.734	2,050	29
Perkins	5741901	358024	2257	Float	0.96	0.008	2,000	52
RYA	5739664.166	358558.7961	2443.278	Outcrop	1.72	0.051	1,995	42
Briton	5740662	356495	2292	Float	0.68	0.033	1,895	63
ROCKY	5740666	354331	2526	Float	1.94	0.239	1,875	114
Pin	5739739	360107	2068	Subcrop	9.64	0.545	1,790	37
ROCKY	5740661	354309	2459	Float	1.1	0.12	1,665	83
Pin	5739861	359943	2228	Outcrop	0.63	0.105	1,635	55
Emerald Lake	5739821	359662	2310	Outcrop	0.94	0.138	1,580	60
Pin	5740395	359734	2219	Outcrop	0.94	0.064	1,565	40
Pin	5740310	360029	2149	Outcrop	1.13	0.131	1,520	35
Pin	5739643	359676	2256	Outcrop	1.54	0.162	1,505	90
Perkins	5741163	356222	2523	Float	1.73	0.015	1,485	83
Perkins	5741067	356348	2466	Float	3.25	0.206	1,475	287
Pin	5740202	360397	2013	Float	1.42	0.195	1,465	71
PR	5740228	355710	2280	Float	591	560	1,425	155,000
Emerald Lake	5739351	359555	2246	Outcrop	10	8.65	1,405	6
Pin	5741394	360448	2075	Subcrop	0.6	0.012	1,380	95
PR	5741315	355863	2690	Subcrop	1.01	0.036	1,355	48
BRITON	5741080	356707	2417	Float	0.36	0.009	1,350	2,770
Pin	5739989	360111	2156	Subcrop	2.72	0.465	1,305	71
RYA NORTH	5739841	357932	2322	Outcrop	2.06	0.102	1,290	133
Pin	5740702	360137	1923	Float	0.58	0.0025	1,240	24
Pin	5739858	360234	2057	Subcrop	0.7	0.209	1,235	71
BRITON	5740474	356321	2157	Outcrop	0.61	0.077	1,230	78
RYA	5739623	358688	2568	Outcrop	0.81	0.034	1,205	139
Perkins	5741067	356348	2466	Float	2.71	0.172	1,200	256
RYA LOW	5740411	357978	2122	Float	2.13	0.181	1,190	141
PR	5740788	355362	2617	Float	1.32	0.214	1,115	70
Pin	5740840	360029	1899	Float	0.8	0.036	1,105	223
RYA	5739976	356587	2351	Outcrop	0.63	0.021	1,090	49
RYA LOW	5739686.532	358409	2350	Float	2.66	0.105	1,020	18
BRITON	5741025	356587	2404	Float	20	0.389	832	14,350
RYA	5739510	357761	2383	Outcrop	0.96	0.35	736	95
PR	5739848	356135	2534	Outcrop	1.57	0.471	623	7,310
BRITON	5741072	356563	2429	Float	17.3	0.795	578	2,230
BRITON	5741127	356661	2518	Outcrop	4.39	2.9	412	348
BRITON	5741068	356907	2376	Float	2.88	1.985	377	388
BRITON	5740864	356499	2355	Float	2.71	1.14	313	235
BRITON	5741154	356544	2482	Outcrop	1.92	1.475	266	289
BLUEBELL	5743896	358579	1925	Float	0.37	0.634	147.5	11
PR	5741106	355678	2654	Outcrop	0.06	0.446	129.5	66
PR	5740119	355272	2392	Outcrop	0.72	0.868	102.5	281

SAMPLE PREPARATION AND QA/QC

Sample preparation for projects in British Columbia is carried out by ALS Minerals, at its facility located in Kamloops. Analyses are carried out at their laboratory in Vancouver. Sample preparation includes drying in an oven at a maximum temperature of 60°C, fine crushing of the sample to at least 70% passing less than 2 mm, sample splitting using a riffle splitter, and pulverizing a 250 g split to at least 85% passing 75 microns (code PREP-31). The samples contained in this press release were analyzed by methods Au-AA24 (Fire Assay Fusion and Atomic Absorption Spectrometry finish) and ME-MS61 (Four Acid Digestion with Mass Spectrometry finish); the latter one includes 48 elements (Al, Ag, As, Ba, Be, Bi, Ca, Cd, Ce, Co, Cr, Cs, Cu, Fe, Ga, Ge, Hf, In, K, La, Li, Mg, Mn, Mo, Na, Nb, Ni, P, Pb, Rb, Re, S, Sb, Sc, Se, Sn, Sr, Ta, Te, Th, Ti, Tl, U, V, W, Y, Zn, Zr). Both digestion methods dissolve most minerals but not all elements are quantitatively extracted in some sample matrices. ALS additionally collects a subsample from the coarse reject to be analyzed by Terraspec; spectral data is sent to AISIRIS Australia to be processed and interpreted.

Control samples (standards, blanks, and duplicates) are inserted systematically, and their results evaluated according to the Company protocols.

QUALIFIED PERSON

Luis Arteaga M.Sc. P.Geo., Vice President Exploration is the Company's Qualified Person as defined by NI 43-101. He has reviewed and approved the technical information in this news release.

ABOUT THE PERK ROCKY PROJECT

The Perk Rocky project is located 200km west of Williams Lake in west central British Columbia. Perk Rocky is a Cu-Au early-stage porphyry project with multiple zones of mineralization. It comprises a large alteration zone of at least 8km by 5km and has the potential for a significant Cu-Au porphyry deposit. The characteristics of the project align with the Company’s technical expertise and strategy of exploring large Cu-Au assets in geologically endowed and well-established jurisdictions as British Columbia.

ABOUT SABLE RESOURCES LTD.

Sable is a well-funded junior grassroots explorer focused on the discovery of Tier-One new precious metal and copper projects through systematic exploration in endowed terranes located in favourable, established mining jurisdictions. Sable's focus is developing its large portfolio of new Greenfields projects to resource level. Sable is actively exploring the San Juan Regional Program (163,969 ha) incorporating the Don Julio, El Fierro, and Los Pumas Projects in San Juan Province, Argentina; and the Perk Rocky Project (10,475ha), Copper Queen (5,966 ha), and Rusty Peak (1,942 ha) properties in British Columbia.

For further information, please contact:

Ruben Padilla, President & CEO at ruben.padilla@sableresources.com or +1 (520) 488-2520

Related link: sableresources.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.

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. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" 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 belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. Although such statements are based on reasonable assumptions of Sable’s management, there can be no assurance that any conclusions or forecasts will prove to be accurate.

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

The forward-looking information contained in this release is made as of the date hereof, and Sable is not obligated 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. Because of 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.

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