Mr. Ruben Padilla reports

SABLE SELLS THIRD PARTY ROYALTIES AND GRANTS ROYALTY TO OSISKO GOLD ROYALTIES

Sable Resources Ltd. has entered into an investment agreement, royalty agreement and assignment agreement with Osisko Gold Royalties Ltd. for potential proceeds of up to $10.8-million. Pursuant to the terms of the royalty sale agreements, Sable has assigned its interest in a number of existing royalty agreements on British Columbia properties, including certain properties held by TDG Gold Corp., Cassiar Gold Corp. and Talisker Resources Ltd., has granted a 1-per-cent net smelter return (NSR) royalty on all minerals produced from the company's Copper Queen, Copper Prince and Core Mountain properties located in British Columbia, and has granted Osisko certain rights in relation to the sale of similar interest in the future.

Ruben Padilla, Sable's president and chief executive officer, stated: "We are very pleased with having negotiated this royalty sale with Osisko providing for immediate non-dilutive financing of $3.8-million and the potential for an additional consideration of up to $7-million. The additional consideration comprises a potential $2-million on the sale of an additional 1-per-cent royalty at Osisko's option on the B.C. properties and a potential $5-million payment conditional on a discovery milestone related to TDG's Greater Shasta/Newberry project, located in the Toodoggone district in British Columbia that is adjacent to the recent gold-silver-copper discovery announced by Freeport-McMoRan Inc. and Amarc Resources Ltd. on their Aurora target. This additional cash balance strengthens Sable's treasury allowing the company to continue to advance exploration on its current projects and to evaluate acquisition opportunities of advanced copper-gold assets in good jurisdictions within the Americas."

Webinar

Mr. Padilla will be providing a corporate update discussing the 2024/2025 exploration activities and strategy. The webinar, hosted by Adelaide Capital, is scheduled for Wednesday, April 30, 2025, at 2 p.m. EDT.

About Sable Resources Ltd.

Sable is a well-financed junior grassroots explorer focused on the discovery of Tier 1 new precious metal and copper projects through systematic exploration in endowed terranes located in favourable, established mining jurisdictions. Sable's focus is developing its large portfolio of new greenfield projects to resource level. Sable is actively exploring the San Juan regional program (163,969 hectares) incorporating the Don Julio, El Fierro and Cerro Negro projects in San Juan province, Argentina, and the Copper Queen (15,133 hectares), Copper Prince (3,980 hectares) and the Core Mountain (1,925 hectares) properties in British Columbia.

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