Sable Issues Shares in Connection with Option Agreement for Perk- Rocky Copper-Gold Porphyry Project in BC Canada
SABLE RESOURCES LTD.
900 – 999 West Hastings Street
Vancouver, British Columbia
V6C 2W2 Canada
TSXV | SAE OTCQB | SBLRF
Sable Issues Shares in Connection with Option Agreement for Perk-
Rocky Copper-Gold Porphyry Project in BC Canada
VANCOUVER, CANADA – June 14, 202 4 - Sable Resources Ltd. ("Sable" or the "Company") ( TSXV:
SAE | OTCQB: SBLRF) announces that further to the Company’s press release of May 14, 2024 on the
entering into of the option agreement to acquire a 100% interest in the Perk -Rocky Project, the
Company has received TSX Venture Exchange approval and has issued the 500,000 common shares
of the Company as part of the initial consideration payment.
The Company also wishes to provide the buydown terms on the 3% NSR , 2% of which can be
purchased by the Company. The NSR can be reduced by 1% by the payment of US$2,000,000 on or
before the date that is three months following construction financing and a further 1% by the
payment of US$5,000,000 on or before the date that is six months following commercial
production.
ABOUT SABLE RESOURCES LTD.
Sable is a well-funded junior grassroots explorer focused on the discovery of Tier-One new precious
metal and copper projects through systematic exploration in endowed terranes located in favourable,
established mining jurisdictions. Sable's focus is developing its large portfolio of new Greenfields
projects to resource level. Sable is actively exploring the San Juan Regional Program (163,969 ha)
incorporating the Don Julio, El Fierro, and Los Pumas Projects in San Juan Province, Argentina; and
the Mexico Regional Program (1.6Mha in application, 26,373ha titled) incorporating the Vinata and El
Escarpe projects.
For further information, please contact:
Ruben Padilla, President & CEO at [email protected] or +1 (520) 488-2520
Related link: sableresources.com
Neither the TSX Venture Exchange nor its Regulation Services Provider, as that term is defined in the
policies of the TSX Venture Exchange, accepts responsibility for the adequacy or accuracy of this
release.
CAUTION REGARDING FORWARD-LOOKING STATEMENTS
Certain statements contained in this press release constitute forward -looking information. These
statements relate to future events or future performance. The use of any of the words "could",
"intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements
relating to matters that are not historical facts are intended to identify forward-looking information
and are based on Sable’s current belief or assumptions as to the outcome and timing of such future
events. Actual future results may differ materially. Although such statements are based on reasonable
-2-
assumptions of Sable’s management, there can be no assurance that any conclusions or forecasts will
prove to be accurate.
While Sable considers these assumptions to be reasonable based on information currently available,
they may prove to be incorrect. Forward -looking information involves known and unknown risks,
uncertainties and other factors which may cause the actual results, performance or achievements to
be materially different from any future results, performance or achievements expressed or implied
by the forwa rd-looking information. Such factors include risks inherent in the exploration and
development of mineral deposits, including risks relating to changes in project parameters as plans
continue to be redefined, risks relating to variations in grade or recove ry rates, risks relating to
changes in mineral prices and the worldwide demand for and supply of minerals, risks related to
increased competition and current global financial conditions and the COVID -19 pandemic, access
and supply risks, reliance on key pe rsonnel, operational risks, and regulatory risks, including risks
relating to the acquisition of the necessary licenses and permits, financing, capitalization and
liquidity risks.
The forward-looking information contained in this release is made as of the date hereof, and Sable is
not obligated to update or revise any forward -looking information, whether as a result of new
information, future events or otherwise, except as required by applicable securities laws. Because of
the risks, uncertainties and assumptions contained herein, investors should not place undue reliance
on forward -looking information. The foregoing statements expressly qualify any forward -looking
information contained herein.