Margarita Project Ongoing Drill Program

TORONTO - Sable Resources reported results from drill holes 7 and 8 targeting the Margarita Vein from its ongoing 12-hole drill program at the Margarita Project, Chihuahua State, Mexico. Drill hole M-DDH-18-07 is located on the same section line as previously released drill hole M-DDH-18-05 and Drill hole M-DDH-18-08 is situated on the same section line as previously released. Designed to test continuity at depth drill holes 7 and 8 confirm extent and grade of the Margarita structure from surface to 80 meters down dip.

"The 14m intercept in drill hole M-DDH-18-08 represents our widest intersection to date with consistent average grades in excess of 400 grams per tonne silver equivalent", commented Ruben Padilla, VP Exploration. "We are encouraged by gold values in these holes up to 3g/t coincident with high base metal values with zinc to 4.5% and lead to 2.4%. Sable now has five holes into the Margarita structure with a weighted average grade of 420g/t AgEq over an average width of 8.6m, and a confirmed strike length of 500m down to 80m depth from surface."

The initial drill program of 12 holes is now complete with holes M-DDH-18-09, 10, 11, 12 awaiting results. True widths are estimated to be 90% of the intercept based on vein to core angle. Detailed drill results, location plan, sections and core photos are available from the Sable website. Silver equivalent is calculated based on based on USD15.50 per Oz for Silver, USD 0.95 per pound for Lead and USD1.20 per pound for Zinc and USD1200 for gold.