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SAE.V ·

"Company") has put its operations into care and maintenance for the winter.

Management Changes Mine Development & Operations

VANCOUVER, British Columbia, November 15, 2012 ‐ Sable Resources Ltd. (TSX‐V:SAE) (the "Company") has put its operations into care and maintenance for the winter.

The Company also wishes to report that Alan Savage has resigned from the Board of Directors. The Company wishes to thank Alan for his time and energy dedicated to the Company.

The Company is currently in default with three series of outstanding convertible debentures. The Company is currently in various discussions for financing options to address the default.

About Sable Resources Ltd

Since 1989, Sable has focused on the Toodoggone Gold/Silver Project ‐ mining and producing gold and silver from the Shasta and Baker properties. Operations have been from surface workings and underground developments on both properties. The mine and mill are permitted by the Province of British Columbia to produce at a rate of up to 250 ton‐per‐day. The Baker Mill was commissioned for DuPont of Canada in 1980 by Kilborn Engineering (Vancouver). The mill allows the production of either a flotation concentrate to be exported for additional refining, or on‐site production of gold and silver dore bars.

Melvyn Rahal, President & C.E.O.

[email protected] Tel: (604) 685-8565 Fax: (604) 685-7625 1290 – 625 Howe Street, Vancouver, BC V6C 2T6 Or visit http://www.sableresources.com/

Neither the TSX Venture Exchange nor its Regulator Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or the accuracy of this release. This news release contains forward-looking statements that involve risks and uncertainties. Forward-looking statements or information are based on current expectations, estimates and projections that involve a number of risks and uncertainties which could cause actual results to differ materially from those anticipated by Sable. The forward-looking statements or information contained in this news release are made as of the date hereof and Sable does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.