Mr.
Tom Obradovich reports
SABLE RESOURCES LTD ACQUIRES THE BOT DEAL PROJECT, NORTH-CENTRAL BRITISH COLUMBIA
Sable Resources Ltd. has acquired the Bot Deal project located in north-central British Columbia. The project has been acquired by purchasing six claims
totalling 242 hectares from an arm's-length vendor and by staking an additional 3,031 hectares of mineral
tenures. Under the terms of the purchase agreement dated April 11, 2017, Sable will pay the arm's-length vendor $7,500 and issue 400,000 common shares of the company in consideration of
the claims. An additional aggregate 500,000 common shares will be issued to the vendors as bonus shares in the event that Sable completes a National Instrument 43-101 technical report on the arm's-length
vendor's claims that contains a measured and indicated resource of at least 500,000 ounces of
gold within five years of the purchase agreement. All common shares issued related to this
transaction will be subject to a hold period of four months plus one day.
The Bot Deal project is located approximately 35 kilometres north of the company's flagship
Toodoggone gold project, which consists of two past-producing mines and the 250-tonne-per-day
Baker mill and tailings facility. Historical work completed by a previous operator on the Bot
Deal project between 2004 and 2006 consisted of prospecting and mapping, with reported
expenditures in excess of $95,000.
The acquisition is subject to the approval of the NEX board of the TSX Venture Exchange.
About Sable Resources Ltd.
Sable owns the Toodoggone gold project comprising 66 square kilometres of mineral tenures and
mining leases, including the past-producing Baker and Shasta mines, and the 250 tonne-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.
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