Sable Resources Ltd. provided an update on the most recent exploration activities at the Don Julio Project in San Juan, Argentina ("Don Julio"). All exploration expenditures at Don Julio are fully funded under the Earn-In Agreement between the Company and South32, signed in 2021. Highlights 21 km of IP survey were completed along the Chita Valley, obtaining two new chargeability anomalies that have become direct drilling targets.

Detailed mapping and sampling was initiated at the Tocota porphyry target. Location of new anomalous samples with respect to the main veinlets zone of Tocota Additional to the mapping and prospection, the Company completed a soil grid of 628 samples at the Tocot porphyry target to better understand the distribution of Au-Cu anomalies and to get geochemical information from heavily covered areas. The samples have been submitted to ALS and are currently being analyzed with results expected by mid- January.

Chita Valley IP Survey The Company recently completed 21 km of IP survey along the Chita Valley from La Gringa zone to the eastern limit of the property, obtaining two new chargeability anomalous anomalies that have become direct drilling target. These new IP anomalies are mostly covered by quaternary gravels and show values up to 50 mv/v. The most eastern anomaly is located 3.2 km east of the nearest drill hole showing the significant potential that the Company has opened with this survey.