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Sable Resources Ltd.

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Summary

Project:

Margarita

Deposit:Margarita Vein
Location:Mexico
Commodities:Silver-Lead-Zinc-Gold
Date:4/2/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:2-4-2019: Sable Resources Ltd. announces an Exploration/Drilling Update report for its Margarita Vein deposit at the Margarita project. Drilling results incl. 37.35m @ 116.93g/t Ag, 0.7% Zn, 0.21% Pb, 0.17g/t Au from 74.70m. TORONTO, April 2, 2019 /CNW/ -
Resources:x
CP/QP:[Overall Report]: Luis Arteaga (Internal)
ABSTRACT:TORONTO, April 2, 2019 /CNW/ - Sable Resources (TSXV: SAE) (the "Company" or "Sable") is pleased to announce the drill results from drillholes M-DDH-19-24 from the company's active Stage II 19-hole drill program targeting the Margarita Vein and including the first exploration drillholes in four other veins identified at the Margarita Project, Chihuahua State, Mexico. Drillholes M-DDH-19-24 is located on the same section line as previously released deep drillhole MDDH-18-03, approximately 350m northwest of holes M-DDH-18-11 and M-DDH-18-12. Ruben Padilla, Vice President of Exploration for Sable Commented: "Hole 24 returned our best results to date with some of our highest silver, gold and zinc grades across a large intercept. This hole was intended to test close to surface mineralisation above low-grade mineralisation intercepted at depth in Hole 3 and we are delighted at hitting such strong, thick mineralisation." True widths are estimated to be 90% of the intercept based on vein to core angle. Detailed drill results, location plan and sections are available from the Sable website (sableresources.com). Silver equivalent is calculated based on USD15.50 per ounce for Silver, USD 0.95 per pound for Lead and USD1.20 per pound for Zinc and USD1200 for gold with 100% recovery.

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