14:05:12 EDT Wed 05 Aug 2026
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Sable Resources Ltd (3)
Symbol SAE
Shares Issued 31,979,823
Close 2026-08-04 C$ 0.51
Market Cap C$ 16,309,710
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Sable Resources starts drill program at Zorro project

2026-08-05 12:34 ET - News Release

Mr. Ruben Padilla reports

SABLE COMMENCES MAIDEN DRILL PROGRAM AT THE ZORRO PROJECT, SAN JUAN, ARGENTINA

Diamond drilling has commenced at Sable Resources Ltd.'s 100-per-cent-controlled Zorro project in San Juan province, Argentina.

Drill mobilization was temporarily delayed following an unusual winter weather event that affected the Central Andes in San Juan province, bringing significant snowfall and limiting access to the project area. Field activities resumed once access conditions improved, and drilling has now commenced safely. The delay is not expected to have a material impact on the planned program.

The inaugural drill program is designed to test the Zorro Copper, Zorro North and the recently identified IP conductivity-chargeability anomaly. Additional target evaluation and drill planning will continue at the Zorro breccia and Zorro gold targets as exploration progresses. Subject to the results of the initial drilling and continuing target-generation work, the company may expand the drill program.

Sable remains well financed, with more than $13.5-million in cash and receivables, providing financial flexibility to complete the current drill program and continue advancing its exploration portfolio without the need for immediate financing.

Qualified person

Luis Arteaga, MSc, PGeo, vice-president of exploration, is the company's qualified person as defined by National Instrument 43-101. He has reviewed and approved the technical information in this news release.

About the Zorro project

Sable has recently consolidated the 8,460-hectare Zorro project through the signing of option agreements and the staking of open ground. The Zorro project is located in the Frontal Cordillera of San Juan province, directly north of Minsud/South32's Chita Valley project, which includes two copper and polymetallic deposits: the Chinchillones deposit containing indicated resources of 188 Mt (million tonnes) at 0.41 per cent CuEq (copper equivalent) (0.25 per cent Cu, 0.11 gram per tonne Au (gold), 10.6 g/t Ag (silver), 36 ppm (parts per million) Mo (molybdenum), 0.16 per cent Zn (zinc)) and inferred resources of 573 Mt at 0.36 per cent CuEq (0.22 per cent Cu, 0.09 g/t Au, 9.0 g/t Ag, 93 ppm Mo, 0.11 per cent Zn); and the Chita South porphyry deposit containing indicated resources of 33.1 Mt at 0.43 per cent Cu and inferred resources of 8.6 Mt at 0.40 per cent Cu. Sable's Don Julio project, which includes four active porphyry targets (Gringa, Morro, Punta Cana and Tocota) is located 21 km west of the Zorro project.

The potential of the Zorro project was recognized through Sable's regional target generation program. The project contains a number of mineral occurrences with associated historical workings, spatially surrounding a strong magnetic anomaly measuring about seven km by four km, which appears to be sourced to a diorite stock that intrudes Carboniferous sediments and Permo-Triassic granites typical of the Argentine Frontal Cordillera in the San Juan region.

About Sable Resources Ltd.

Sable is a well-financed junior grassroots explorer focused on the discovery of Tier 1 new precious metal and copper projects through systematic exploration in endowed terranes located in favorable, established mining jurisdictions. Sable's focus is on developing its large portfolio of new greenfields projects to resource level. Sable is actively exploring the San Juan regional program (greater than 141,000 hectares), incorporating the Don Julio, El Fierro, Cerro Negro and Zorro projects in San Juan province, Argentina, and the Copper Queen, Copper Prince and Core Mountain properties in British Columbia (21,038 ha).

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