Sable Receives Additional $5 Million Payment from OR Royalties Inc
SABLE RESOURCES LTD.
900 – 999 West Hastings Street
Vancouver, British Columbia
V6C 2W2 Canada
TSXV | SAE OTCQB | SBLRF
Sable Receives Additional $5 Million Payment
from OR Royalties Inc
VANCOUVER, CANADA – September 12, 2025 - Sable Resources Ltd. ("Sable" or the "Company")
(TSXV:SAE | OTCQB:SBLRF) is pleased to announce that the Company has received $5 million from
OR Royalties Inc (“OR”) in connection with the TDG Gold Corp. (“TDG”) royalty sold by Sable to OR ,
as announced on April 24, 2025. The $5 million payment was made pursuant to the terms of the
Sable-OR Investment Agreement (the “Investment Agreement”), and to the recent announcement by
TDG, pertaining to drill results at its Greater Shasta -Newberry project. These results exceeded the
milestone specified in the Investment Agreement (the “Discovery Milestone ”), triggering the
payment of the additional $5 million. With the receipt of the additional $5 million , Sable has now
received a total of $8.8 million from the royalty sale to OR. Sable can receive an additional $2 million
should OR exercise its option for another 1% royalty on Sable’s Copper Queen, Copper Prince and
Core Mountain properties located in British Columbia.
Ruben Padilla, Sable’s President and CEO stated,
“We are pleased with having received this $5 million D iscovery Milestone payment related to the
sale of our 1% royalty on TDG ’s Greater Shasta -Newberry project . This additional cash further
strengthens Sable’s treasury and will be used to advance our exploration programs and to support
our ongoing business development efforts.”
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 favorable,
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 Cerro Negro projects in San Juan Province, Argentina and
the Copper Queen (1 5,133ha), Copper Prince (3,980 ha), and the Core Mountain (1,925 ha)
properties in British Columbia.
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
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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
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 recovery 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, access and supply risks, reliance on
key personnel, 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.