Dr. Ruben Padilla reports
SABLE EXPANDS THE ZORRO PROJECT THROUGH NEW STAKING AND AN OPTION AGREEMENT OF THE EL ACERO PROPERTY, SAN JUAN, ARGENTINA
Sable Resources Ltd. has entered into an option agreement with an arm's-length party to acquire a 100-per-cent interest in the El Acero property, adjacent to the south to the main Zorro project land package.
The company previously reported a total project area of 5,236 hectares associated with the La Esquina option agreement (see Jan. 15, 2026 news release). Since then, Sable has expanded the Zorro project through the staking of additional open ground and the execution of the El Acero option agreement. As a result, the Zorro project now covers approximately 8,460 hectares.
The El Acero property consists of a single mining claim covering 887 hectares and is surrounded by claims already controlled by the company. The acquisition consolidates Sable's land position at Zorro and increases the project area to approximately 8,460 hectares.
Located in the Frontal Cordillera of San Juan province, the Zorro project is situated immediately north of the Chita Valley district. Exploration completed by Sable has identified multiple mineralized target areas, including copper-rich intrusion-related mineralization, polymetallic veins and magmatic-hydrothermal breccias. details of these targets have been described in previous company news releases.
Dr. Ruben Padilla, president and chief executive officer of Sable Resources, commented: "The expansion of the Zorro project through both the staking of additional open ground and the acquisition of the El Acero claim strengthens our control of the district and supports our long-term exploration strategy. While the El Acero claim itself has seen limited modern exploration, the combination of new staking and property consolidation provides greater flexibility for future exploration programs and supports our district-scale approach at Zorro."
Option agreement details
In order to earn a 100-per-cent interest in the property, the company must:
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Make a payment of $75,000 (U.S.) on the date of signing the agreement (paid);
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Make a payment of $100,000 (U.S.) nine months after signing;
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Make a payment of $125,000 (U.S.) 15 months after signing;
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There is 1-per-cent net smelter royalty on the property, which may be purchased by the company for $1-million (U.S.).
Qualified person
Luis Arteaga, MSc, PGeo, vice-president, 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 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 favourable, established mining jurisdictions. Sable's focus is on developing its large portfolio of new greenfield 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 hectares).
We seek Safe Harbor.
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