FOR IMMEDIATEW RELEASE Sable Resources Ltd – Corporate update
PRESS RELEASE
FOR IMMEDIATEW RELEASE
Sable Resources Ltd – Corporate update
Vancouver, British Columbia, November 16, 2016 - Sable Resourc es Ltd. (TSX-NEX SAE.H) (the
“Company” “Sable”) wishes to provide a corporate update.
The proposed 1000m diamond drill program announced August 9 th 2016 has been postponed until the
2017 field season due to late closing of the previous financing a nd early winter conditions. Over the
winter the Company will complete a review and compilation of h istorical data.
The Company’s mining and milling operations remain closed, ha ving last operated in the fall of 2012,
with the facilities on care-and-maintenance. Further to the Aug ust 9 th , 2016 press release, the
Company believes it is now sufficiently funded to complete outs tanding regulatory orders issued by
the British Columbia Ministry of Energy and Mines (the “Ministry ”) related to the Baker tailings
storage facility. These orders were issued pursuant to the July 2 , 2014 Report of Geotechnical
Inspector , and contained in a letter from the Ministry Chief Inspector dat ed February 3, 2015 as a
result of the January 30, 2015 Report on Mount Polley Tailings Storage Facility Breach.
The Company’s annual general meeting is scheduled to be held o n November 30, 2016.
About Sable Resources Ltd.
Sable owns the Toodoggone gold project comprising 66 square kil ometers of mineral tenure and
mining leases, including the past producing Baker and Shasta mines, and the 250 ton-per-day Baker
mill and tailings facility. The project is located in north-cen tral British Columbia, Canada and is road
accessible.
We seek safe harbor
For more information:
Melvyn Rahal, President & CEO
Tel (604) 986-8566
Or visit http://www.sableresources.com
Neither TSX Venture Exchange nor its Regulation Services Pr ovider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibili ty for the adequacy or accuracy of this
release.