Sable Resources Completes Ground Geophysical Surveys and Initiates First Drill Test on Vinata Project.

Sable Resources Completes Ground

Geophysical Surveys and Initiates First Drill

Test on Vinata Project.

TORONTO

,

Oct. 9, 2019

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

pleased to announce that the first drill test will begin this week at its 100% owned Vinata Project.

The initial program consists of a minimum of

2000m

of core drilling to test the outcropping upper

level epithermal veins and their projected extension under shallow quaternary gravel. This Phase 1

drill program will be expanded should positive results warrant additional drilling.

This is the first ever drilling campaign to be performed at the Vinata epithermal project and it is

designed to test for high-grade precious metal horizons approximately 200 metres below anomalous

surface samples.

Two structurally controlled upper level epithermal anomalous areas have been recognized at the

project, Vinata Norte and Vinata Sur. Company geologists identified low-temperature silica textures

and hydrothermal breccias combined with anomalous Au, Ag, As, Sb, Hg, Mn, Ba, and Mo values

indicating a position in the upper levels of an epithermal system. Results from the program will be

released as they are received over the next few months.

As part of the preparation for the upcoming drilling campaign, the company completed 170 km of

GroundMag and

8950m

of CSAMT surveys distributed in 9 lines, showing coincident geophysical

anomalies with the outcropping mineral occurrences.

The CSAMT survey was conducted by Géophysique TMC, preliminary results show high angle

resistivity features coincident with the mapped fault-veins and breccias at Vinata Norte and Vinata

Sur.

The GroundMag survey was conducted along East – West lines with

200m

of separation. The data

was processed and interpreted by a geophysicist consultant in

Mexico

. The magnetic data at Vinata

Norte show the sub-outcropping rhyolitic intrusion as a magnetic high feature clearly contrasting with

the surrounding volcanic and sedimentary sequence. The outcropping NNE epithermal vein system,

which represents the main target at the project appears coincident with a MagLow running on the

western margin of the rhyolite intrusion for over 3 km in strike (Figure 1). Some stratigraphic

features are also defined on the Mag sections; including a well-defined MagLow feature (Figure 2)

observed at the contact between the rhyolite intrusion and the interpreted limestones that underlie

the upper volcanic sequence; this contact constitutes an additional potential target zone. At Vinata

Sur the outcropping faults and breccias containing Fe-Mn oxides and associated Mn, Ba, Sb, As,

Mo, Zn anomalies, hosted by volcanic rocks, are coincident with an elliptical shape NS oriented

MagLow (Figure 1).

"The data provided by the recent geophysical surveys confirm the quality of the targets and is

helping us to better define the planning of the upcoming drill test at Vinata" commented

Ruben

Padilla

, Sable's VP of exploration.

Figure 1. First Vertical Derivative showing the location of the outcropping vein system at Vinata

Norte, the Fe-Mn oxides old workings at Vinata Sur, and their coincident MagLows. (CNW

Group/Sable Resources Ltd.)

Figure 2. East – West magnetic section from Vinata Norte, showing the position of the subsurface

expression of the outcropping epithermal veins and the NS striking MagLow coinciding with

interpreted western margin of rhyolitic intrusion. (CNW Group/Sable Resources Ltd.)

ABOUT THE VINATA PROJECT

The Vinata project is located in the Municipality of Chihuahua,

State of Chihuahua

, Mexico, 50 km

south of the city of Chihuahua. The Vinata Project is located along possible extensions of known

important mineral belts of northern

Mexico

including base metal CRD deposits as

Santa Eulalia

(50km NE of Vinata) and

Naica

(75km SE of Vinata), and the polymetallic vein system of the new

discovery of Sunshine Silver Corp.'s Los Gatos Project, located 75 km SW of Vinata.

Vinata is located on the west edge of a range of hills called the Sierra Pastorias with low relief at an

altitude of between

1,600 m

and

1,700 m

above sea level, and just east of a broad flat valley. The

terrain around Vinata has low relief, where two mineralized areas have been identified, Vinata Norte

and Vinata Sur, which are separated by and area of approximately

4000m

covered by shallow

quaternary gravels.

No historical mine workings exist at Vinata Norte. And only a few, small, historic mine workings exist

in the area of Vinata Sur, where waste dumps are very small, and there is no knowledge or evidence

of past processing plants or tailings.

The project was initially identified via stream sediment follow up. At Vinata Norte the system consists

of a series of NNE oriented quartz veins that outcrop along a strike length of

1,150m

cutting rhyolite

tuffs and a volcanic dome that overlies and cut Cretaceous limestone. Quartz vein float extends

additional

450m

to the southeast and for more than

1000m

toward the NW. The system consists of

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

15m

and

170m

. Individual veins vary in width from <

1m

up to about

12m

with anomalous Au, Sb, As,

and Hg values in rock samples.

At Vinata Sur, outcropping subhorizontal volcanic rocks are cut by NW oriented hydrothermal

breccias and faults containing abundant Mn and Fe oxides. Historical artisanal mine workings

followed the Mn-Fe oxidized structures, that in addition of high Mn-Fe values are anomalous in Sb,

As, Ba, Mo, and Zn.

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 its Upper Level Epithermal Strategy. Sable is actively exploring the Margarita

silver project in Chihuahua, discovered by the company in 2018; the Mexico Regional Program

(1.16Mha in application, 39,000ha titled) incorporating the Vinata and El Escarpe projects; the San

Juan Regional Program (58,000ha) incorporating the Don Julio Project in

San Juan Province

,

Argentina

; and the Scorpius project in Ayacucho,

Peru

.

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.

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For further information:

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

985-7140 Or visit sableresources.com

CO: Sable Resources Ltd.

CNW 09:43e 09-OCT-19