FOR IMMEDIATEW RELEASE Sable Resources Ltd – Options the Margarita Silver Project, Mexico
PRESS RELEASE
FOR IMMEDIATEW RELEASE
Sable Resources Ltd – Options the Margarita Silver Project, Mexico
Vancouver, British Columbia, June 7, 2017 - Sable Resources Ltd. ("Sable" or the "Company") (TSX-
NEX: SAE.V) is pleased to announce that it has signed a definitive agreement (the “Agreement”), dated
May 30, 2017, to option 100% of the Margarita Silver Project (the “Project”) in Chihuahua state, Mexic o
from an arm’s length vendor (the “Vendor”).
The Project consists of two mining exploration licenses totaling 125 hectares of ground with an
approximate strike length of 1.7 kilometers, has never been drill tested, is fully surrounded by Sunshine
Silver Mine Corporation’s Los Gatos Project explora tion licenses and is located 20 km northwest of Cerro
Los Gatos deposit.
Under the terms of the Agreement, which is subject to approval by the TSX Venture Exchange (the
“Exchange”), and in order to obtain a 100% interest the Property, Sable will:
• Make payment of CAD $50,000 to the Vendor upon exec ution of the Agreement;
• Upon Exchange approval, issue the Vendor 200,000 co mmon shares of Sable;
• Issue CAD $500,000 worth of common shares in Sable on or before the one (1) year anniversary
date of the execution of the agreement valued at the date of issue, less the value of the 200,000
common shares issued upon Exchange approval;
• Issue CAD $1,000,000 worth of common shares in Sabl e on or before the two (2) year anniversary
date of the execution of the agreement valued at the date of issue;
• Issue CAD $2,000,000 worth of common shares in Sabl e on or before the three (3) year
anniversary date of the execution of the agreement valued at the date of issue.
The acquisition is subject to the approval of the NEX board of the TSX Venture Exchange.
About Sable Resources Ltd.
Sable owns the Toodoggone gold project comprising 6 6 square kilometers 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-central British Columbia, Canada and is road access ible.
We seek safe harbor
For more information:
Tom Obradovich, President & CEO
Tel (416) 985-7140
Or visit http://www.sableresources.com
Neither TSX Venture Exchange nor its Regulation Ser vices Provider (as that term is defined in policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.