SAE.V · 2018-09-20 12:00:00

Sable Finalizes Drill Plan and Sign Drill Contract for Drilling at Don Julio

Exploration Programs

Sable Finalizes Drill Plan and Sign Drill Contract for

Drilling at Don Julio

TORONTO

Sept. 20, 2018

/CNW/ - Sable Resources Ltd ("Sable" the "Company") (TSXV: SAE) is pleased to

announce a finalized drill plan for the Don Julio High-Sulphidation Gold Project located in San Juan Province,

Argentina

. In addition Sable has also negotiated and signed a Drill Services Agreement with Boart Longyear

Argentina S.A. to conduct the drilling.

Figure 1 Location of proposed drill holes, Esperanza and Heaven Hill targets within the Don Julio project area. (CNW

Group/Sable Resources Ltd.)

A minimum of 8 diamond drill holes of up to 450 meters deep for a total of 3600 meters are planned at Don Julio to

test the potential gold levels within the

Esperanza

and Heaven Hill targets (Figure 1). Drill permits have been

approved, access and construction of drill roads and is underway and drilling is planned to commence in October.

The various technical elements supporting Sable's drill plan are as follows:

Ages of volcanic and hydrothermal events support Sable's original working hypothesis that the

Olivares

volcanic

center could represent the southern extension of the

El Indio

Gold Belt. Two of the age brackets reported at

Don Julio

by Sable's new U-Pb data are in the same age range of the large systems of

El Indio

(6.5Ma) and

Pascua Lama

(8.7Ma). Two reported older ages by Western Mining are similar to the age of the large gold

deposit of Veladero (10Ma).

A good volcanic structure facilitating the ascent of magmas and fluid within the ~5 km diameter caldera with

permeable rocks, domes, and structures forming feeder zones and favorable depositional settings for the

hydrothermal fluids.

Large outcropping gold anomalous alteration footprints. ~2000 x 500 meters at Heaven Hill and 2000 meters by

2000m

Esperanza

Interpreted low levels of erosion from textures of the breccias associated to dacitic domes, alteration

assemblages geometrical pattern and geochemistry of gold and mercury.

Low level of erosion is permissive for the exploration of concealed ore zones associated with vuggy silica and

sulphide gold mineralization below the low-gold grade quartz alunite, dickite, and argillic alteration assemblages.

Permeable fragmental tuffs, hydrothermal breccias, and margins of domes are excellent potential setting for the

core zones of mineralized targets

Multi-magmatic hydrothermal pulses and the large upper-level alteration footprints enhance the exploration

potential

Excellent land control and stable, pro-mining jurisdiction

Drill permits and ground access granted

"We are pleased to have partnered with an experienced drill operator, knowledgeable in drilling in high-sulphidation

systems in the Andean environment." commented

Tom Obradovich

, President and CEO of Sable Resources. "Our

aggressive drill program consists of

750m

spaced drill holes to identify a large mineralized system. With the onset of

the Argentine spring we have ample time to execute our planned drill program which we hope will result in our

second significant discovery of this year."

ABOUT THE DON JULIO PROJECT

The Don Julio Project is defined by an extensive 5km by 5km Miocene lithocap located in the

Cordillera

Frontal

of Argentina. The lithocap affects a package of fragmental volcanic rocks intruded by dacitic domes and

phreatic breccias associated with and affected by an advanced argillic mineralizing event. A large anomalous

precious metal footprint is coincident with the lithocap and associated with the advanced argillic mineralizing event.

Field evidence indicates that the erosion level is high with high probability of preservation of a mineralized system.

Sable is working in a systematic way to model the hydrothermal up flow zones that will define drill targets at depth.

Sable believes Don Julio represents the southern extension of the prolific El Indio-Pascua Belt.

APPOINTMENT OF ANDREW MALASHEWSKY AS CFO

Sable Resources Ltd. is pleased to announce the appointment of

Andrew Malashewsky

to the position of CFO.

Andrew has over 10 years of finance and accounting experience. He was previously the Vice President of Finance

for JDS Silver Inc. in which he was a key member of the team which brought the brownfield Silvertip Mine project

from PEA to producing asset in less than 3 years. He has further served in various finance and accounting roles in a

range of industries including mining, manufacturing and construction management. He holds a bachelor in Business

Administration, and is a Chartered Accountant and a Chartered Professional Accountant. He was previously the

CFO of the Company in 2017.

Richard Godfrey

will be stepping down as CFO and the Company wishes to thank Richard for his efforts over the

recent period.

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 greenfields 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 (1.5Mha), incorporating the Margarita, Vinata and El

Escarpe drill ready projects and the BC Intrusion Related Program, Canada (13,600ha) incorporating the drill ready

Tulox Project.

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

SOURCE

Sable Resources Ltd.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/September2018/20/c3332.html

%SEDAR: 00008665E

For further information:

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

985-7140, Or visit sableresources.com

CO: Sable Resources Ltd.

CNW 06:00e 20-SEP-18

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