SAE.V · 2019-02-05 12:00:00

Sable Provides Mexico Exploration Update

Exploration Programs

TORONTO

Feb. 5, 2019

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

pleased to provide an exploration update on the company's Mexican exploration activities. Highlights

include:

Sable receives up to 73.4% silver leach recovery for Margarita

Sable initiates Stage II drill program for Margarita, completes 6 of 19 holes extending

Margarita Vein

from

750m

1200m

along strike with vein intercepts of up to

12.4m

Sable Receives Title for Manzana II application covering Vinata Drill Project and Initiates

Drill Permitting

Margarita Metallurgy

Sable shipped three coarse reject, diamond drill core samples from the recently completed drill

program to the SGS laboratory in

Lakefield, Ontario Canada

for metallurgical and mineralogical

testing. The purpose of the testing is to investigate the response of three samples to silver leaching

with cyanide in a bottle roll test. In addition, two of the samples have been submitted for QEM-

ARMS. The QEM-ARMS, or Automated Rapid Mineral Scan by QEMSCAN, is a semi-quantitative

method designed to provide mineral abundance and size analysis, as well as basic association and

liberation analysis. Combined with XRD and XRF results, the ARMS study will provide the overall

bulk mineralogy of the sample.

Samples were subject to a fine-grind (57-64µm) 1g/L NaCN for 0 to 24 hours followed by 2g/L

NaCN for 24 to 96 hours with a pH of 11. Samples CN1 and CN2 returned 72.5% and 74.3% silver

recovery respectively. A third sample (CN3) with more complex mineralogy returned 38% recovery.

Full details are listed in the table below.

Sample

Drillhole

Head

Grind

(µm)

Ag Extraction (%)

g/t(Ag)

24h

48h

72h

96h

CN1

M-DDH-18-06

684

72.5

CN2

M-DDH-18-08

341

74.3

CN3

M-DDH-18-11

149

38.0

QEM-ARMS mineralogical results on a blend of CN1 and CN2 indicated that 67% of silver grains are

contained within quartz, feldspar, willemite (Zn

SiO

), and as free silver grains. Results from

analysis CN3 indicate that 52% of silver grains are contained in quartz and feldspar (see table

below).

Mineral Name

DH06/08

DH11

Free Ag-Minerals

Liberated Ag-Minerals

Ag-Minerals: Willemite

Ag-Minerals:Quartz/Feldspar

Ag-Minerals: Micas/Clays

Ag-Minerals: Sulphides

Ag-Minerals: Oxides

Ag-Minerals: Carbonates

Complex

6.49

0.00

9.12

49.6

0.00

1.82

0.00

33.0

0.00

51.6

0.00

0.31

0.00

48.0

Total

100.0

"We are greatly encouraged with the preliminary metallurgical results for Margarita" commented

Ruben Padilla

, Vice President of Exploration for Sable Resources. "Receiving indications that the

silver is leachable and not refractory at this early stage of exploration gives us confidence in rapidly

progressing to the next stage of drilling at Margarita. We have already initiated a second

metallurgical test with a -2mm sample size to test the effects of grain size on leachability. Our next

steps are to progress to testing 1/4 and 1/2-inch particle size. "

Stage II Drilling at Margarita

Sable has initiated a second stage of drilling at Margarita consisting of a minimum of 19 holes for a

total of 3000 meters. The drilling will target extensions along strike of the Margarita vein, infill

between existing holes and test the parallel Marie, Juliana, Fabiana and El Caido veins. All

necessary environmental permitting and land access agreements are in place.

At the time of this release 6 holes have been completed (M-DDH-19-13 to 19) with every hole

successfully intersecting the Margarita structure and associated veining extending the structure along

strike from

750m

1200m

. Hole M-DDH-19-14 received the best vein intercept of 12.4 meters from

30.9m

to 43.3 meters.

"We are excited to be moving to the next stage at Margarita." commented

Tom Obradovich

President & CEO of Sable Resources. "Following our highly successful first round of drilling where

we were able to identify thick high-grade silver intercepts, this next round is designed to extend

along strike continuity and test the other veins parallel to Margarita. Early indications are excellent

with hole M-DDH-19-14 already showing a vein intercept of

12.4m

Sable Receives Title for Vinata

Sable is pleased to inform that it has received mineral title for the Manzana II application and

immediately reduced to 11 titles totaling 39,396 hectares covering all generated targets in the area

including the drill-ready Vinata low-intermediate sulphidation project. Mineralization at Vinata occurs

as a series of quartz veins that outcrop along a strike length of about

1,150m

cutting rhyolite tuffs

and a volcanic dome. The system strikes North-South for

450m

then changes strike to NNE for

about

700m

. Quartz vein float extends for another

450 m

to the southeast. The system consists of

multiple sub-parallel veins and stockwork zones over a width of between

15m

and

170m

. Individual

veins vary in width from <

up to about

12 m

"We see Vinata as one of our tier one drill targets and having received title for Manzana II which

covers Vinata means we can accelerate directly to drill phase." commented

Terry Harbort

Vice

President of Corporate Development for Sable Resources. "Sable has initiated the necessary

environmental permit applications for Vinata and we hope to drill in Q2 this year".

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 (35,000ha) 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.

For more details about Sable's drilling program, please consult

sableresources.com

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/February2019/05/c2940.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 08:00e 05-FEB-19

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