Mr. Melvyn Rahal reports

SABLE RESOURCES LTD CORPORATE UPDATE

Sable Resources Ltd. has provided a corporate update.

The proposed 1,000-metre diamond drill program announced Aug. 9, 2016, has been postponed until the 2017 field season due to late closing of the previous financing and early winter conditions. Over the winter, the company will complete a review and compilation of historical data.

The company's mining and milling operations remain closed, having last operated in the fall of 2012, with the facilities on care and maintenance. Further to the Aug. 9, 2016, press release, the company believes it is now sufficiently financed to complete outstanding regulatory orders issued by the British Columbia Ministry of Energy and Mines related to the Baker tailings storage facility. These orders were issued pursuant to the July 2, 2014, report of the geotechnical inspector, and contained in a letter from the ministry chief inspector dated Feb. 3, 2015, as a result of the Jan. 30, 2015, report on Mount Polley tailings storage facility breach.

The company's annual general meeting is scheduled to be held on Nov. 30, 2016.

About Sable Resources

Sable owns the Toodoggone gold project comprising 66 square kilometres of mineral tenure and mining leases, including the past-producing Baker and Shasta mines, and the 250-ton-per-day Baker mill and tailings facility. The project is located in north-central British Columbia, Canada, and is road accessible.

We seek Safe Harbor.