SAE.V · 2019-06-20 12:00:00

Sable Discovers Base Metal Skarn Returning 7.97% Combined Zinc-Lead (4.8% Zn, 3.17% Pb) over 1m and 4.97% Copper over 1m

Drill Results

Sable Discovers Base Metal Skarn Returning

7.97% Combined Zinc-Lead (4.8% Zn, 3.17%

Pb) over 1m and 4.97% Copper over 1m

TORONTO

June 20, 2019

/CNW/ - Sable Resources (TSX.V: SAE) (the "Company" or "Sable")

is pleased to announce the discovery of base metal skarn mineralisation at their Don Julio Project,

San Juan Province,

Argentina

. The mineralisation can be traced for over one kilometre along strike

and returned channel samples of up to 7.91% combined Zn-Pb (3.17% Pb, 4.8%) over

and

4.97% Cu over

. Channel samples were taken perpendicular to the mineralised horizon and are

considered to represent true width.

Near end of the 2018-2019 field season, skarn mineralization was discovered by prospecting a 1.2

km long shallow to moderately dipping calcareous unit located on the northwestern boundary of a

porphyritic intrusive center. The unit is largely contact metamorphosed to marble with disseminated

garnets, amphiboles, epidote, and pyroxenes with multiple sub-parallel "manto" type sulphide-rich

horizons with galena, sphalerite, ±chalcopyrite and observed thickness ranging from 10cm to

1.3m

Ten additional samples are pending analysis. The geometry, number of mantos and metal zoning of

the system will be determined with detailed mapping and sampling during the 2019-2020 field

season.

Ruben Padilla

, Sable Vice-President of Exploration commented, "The discovery of the calcareous

unit and its associated skarn mineralisation is a good example of boots on the ground exploration

success. The size of the favorable calcareous unit, the observed degree of marbleization and

associated skarn and sulphide rich mineralogy define a high-quality early stage base metal target.

Table 1. Rock Samples Assays Results from Fermin Skarn Target.

Sample

Target Zone

Sample Type

Width

Au (PPM)

Ag (PPM)

Cu (%)

Pb (%)

Zn (%)

PbZn % (Combined)

E01301

Fermin

Channel

0.1

0.407

31.2

0.0855

3.23

2.55

5.78

E01302

Fermin

Float

0.0025

225

0.0027

3.36

0.0413

3.4

E01305

Fermin

Channel

0.0025

0.1

0.0011

0.0039

0.0041

E01306

Fermin

Channel

0.0025

19.9

0.0067

3.17

4.8

7.97

E01307

Fermin

Channel

1.3

0.0025

0.7

0.0009

0.252

0.368

0.62

E01309

Fermin

Channel

0.0025

0.2

0.0001

0.0051

0.0088

E01392

Fermin

Selective

0.2

0.0005

4.2

1.04

0.0358

0.0615

E01403

Fermin

Float

0.007

34.9

0.0107

1.625

3.92

5.55

E01404

Fermin

Float

0.005

0.7

0.0362

0.0067

0.0239

E01405

Fermin

Float

0.004

5.4

0.607

0.0043

0.0101

E01406

Fermin

Float

0.014

63.9

4.3

0.0708

0.0163

E01407

Fermin

Float

0.003

0.5

0.0109

0.423

0.556

0.98

E01408

Fermin

Channel

0.5

0.003

12.1

0.0022

1.98

3.57

5.55

E01510

Fermin

Float

0.004

8.7

0.0367

0.059

0.955

1.01

E01511

Fermin

Float

0.003

7.5

0.0024

2.05

3.11

5.16

E01514

Fermin

Selective

0.001

0.2

0.0017

0.0542

0.0898

E01515

Fermin

Panel

2x1

0.028

62.9

0.51

1.67

2.63

4.3

E01516

Fermin

Selective

0.003

38.5

0.17

0.958

3.71

4.67

E01517

Fermin

Channel

0.009

47.5

4.97

0.378

0.157

0.54

E01518

Fermin

Panel

1x1

0.013

8.7

0.297

2.95

3.65

6.6

E01519

Fermin

Float

0.0005

5.3

0.0094

0.399

0.551

0.95

E01520

Fermin

Float

0.004

11.8

0.015

3.04

5.04

E01521

Fermin

Float

0.001

2.5

0.001

0.203

0.312

0.52

ABOUT SABLE RESOURCES LTD.:

Sable is a well-funded junior grassroots explorer focused on the discovery of new precious metal

projects through systematic exploration in endowed terranes located in favorable, established mining

jurisdictions. Sables' main focus is developing their large portfolio of new greenfield projects to

resource stage utilizing their Upper Level Epithermal Strategy. Sable is actively exploring the San

Juan Regional Program (48,000ha) incorporating the Don Julio Project in San Juan Province,

Argentina

, the Mexico Regional Program (1.26 Mha), incorporating the Margarita, Vinata and El

Escarpe drill ready projects and the Scorpius drill ready project in

Peru

ABOUT THE DON JULIO PROJECT

The Don Julio project area contains 8 of the 19 known Sable's identified anomalies within its San

Juan exploration program, located in the

Cordillera Frontal

Argentina

along the southern extension

of the prolific Miocene El Indio-Pascua Belt.

The Don Julio project area extends for approximately 12 x 10 km. The company had completed

1:2,500 scale detailed mapping over 7 of the 8 known mineral anomalies of the Don Julio cluster and

recognizing mapping in areas located between the main alteration zones. The mapping work was

complemented with 1,486 rocks samples and 283 talus samples, in addition 8 drill holes were drilled

(

3101 m

) in the Esperanza and Heaven Hill targets. The results of the extensive mapping and

sampling carried out by Sable's team identified various porphyry centers with associated large

epithermal alteration and mineralisation on the margins of the porphyry centers and one skarn

system. Final summary report of the 2018-2019 field season will be available when all the

geochemical analysis of samples collected during this season are receive.

QUALITY ASSURANCE - QUALITY CONTROL

All samples were collected by Company representatives under the supervision of the Qualified

Person and transported directly by the company to the lab. Sample preparation was carried out by

ALS Argentina at their laboratory at Mendoza,

Mendoza Province

Argentina

. Gold, multi-element

and Mercury analysis conducted in their laboratories in

Lima, Peru

. Sample preparation was by

drying in an oven at a maximum temperature of 60°C, fine crushing of the sample to at least 70%

passing less than 2 mm, sample splitting using a riffle splitter, and pulverizing a 250 gram split to at

least 85% passing 75 microns (code PREP-31).

Gold was analyzed by fire assay of a 50 gram sample split with detection by atomic absorption

spectrophotometer (AAS) (code Au-AA24). Multi-elements were analyzed by a four acid near total

digestion of a 1-gram sub-sample with detection by inductively coupled plasma atomic emission

spectrometer (ICP-AES) for 33 elements (Ag, Al, As, Ba, Be, Bi, Ca, Cd, Co, Cr, Cu, Fe, Ga, K, La,

Mg, Mn, Mo, Na, Ni, P, Pb, S, Sb, Sc, Sr, Th, Ti, Tl, U, V, W, Zn) (code ME-ICP61). This digestion

method dissolves most minerals but not all elements are quantitatively extracted in some sample

matrices. Mercury was analyzed by aqua regia digestion, cold vapor extraction, inductively coupled

plasma mass spectrometer (ICP-MS) with a lower limit of detection of 0.005 ppm (code Hg-MS42).

QUALIFIED PERSON

Luis Arteaga

M.Sc. P.Geo

. Exploration Manager for Sable Resources and the Company's Qualified

Person as defined by NI 43-101 has reviewed and approved the technical information in this news

release.

We seek safe harbor

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release

SOURCE

Sable Resources Ltd.

View original content:

http://www.newswire.ca/en/releases/archive/June2019/20/c2378.html

%SEDAR: 00008665E

For further information:

Tom Obradovich, President & CEO [email protected], Tel (416)

985-7140, Or visit http://www.sableresources.com

CO: Sable Resources Ltd.

CNW 07:00e 20-JUN-19

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