Mr. Ruben Padilla reports

SABLE ADVANCES DISCOVERY STRATEGY: 2025 MILESTONES AND 2026 CORPORATE OUTLOOK

Sable Resources Ltd. has provided an overview of its 2026 corporate outlook and exploration work programs and highlights key milestones achieved during 2025 -- a year that materially strengthened the company's project portfolio, strategic partnerships and financial position.

2025 highlights

In 2025, Sable advanced its disciplined, discovery-focused greenfields exploration strategy through a series of technical, strategic and financial milestones.

Strategic partnership with Moxico Resources PLC

Sable entered into a letter agreement with Moxico Resources on the El Fierro and Cerro Negro projects in San Juan, Argentina. Under these agreements, Moxico may earn up to a 51-per-cent interest through financing exploration programs, significantly reducing Sable's financing risk while accelerating exploration on two flagship assets.

Strengthened balance sheet

The company completed strategic financing in 2025, including a private placement with Moxico and receipt of a significant milestone payment related to royalties sold at the beginning of the year. As a result, Sable ended 2025 with a strong treasury of approximately $17-million (including 2025 pending earn-in contributions), providing flexibility to advance existing projects and generate new opportunities.

Advancement of the Pyros porphyry system (El Fierro)

Drilling and technical work completed during 2025 at the Pyros copper-gold-molyndenum system refined the geological model and demonstrated improved grades relative to earlier campaigns, supporting continued exploration and additional drilling in 2026.

Portfolio growth and project generation

Sable internally generated and consolidated the Zorro project in Argentina and advanced its British Columbia portfolio through geophysical surveys, surface exploration, first nations engagement and permitting advancement.

Strengthened board of directors

In January, 2026, Guy Desharnais joined Sable's board of directors as the nominee of Osisko Gold Royalties, adding technical and strategic expertise that strengthens the company's oversight of exploration results, assessment of economic potential and disciplined portfolio decision making.

2026 corporate outlook

In 2026, Sable will continue executing a discovery-driven strategy focused on large porphyry and related mineral systems in proven mineral belts of the Americas. The company's approach emphasizes senior-company-style exploration, capital discipline, and value creation through discovery and strategic partnerships.

Exploration work programs

Argentina -- San Juan province

Belt-scale target generation will continue in San Juan province and other selected regions of South America, leveraging Sable's extensive regional database and local technical expertise.

El Fierro project (Moxico earn-in)

Exploration will continue to focus on the Pyros Miocene porphyry system, a large copper-gold-molybdenum target with multiple prospective centres. Three phases of drilling have confirmed the presence of a large, mineralized system and have materially advanced the company's understanding of metal zoning, vectoring and key geological controls.

Results from the Q1 2025 drill program improved grades relative to earlier campaigns, including intersections associated with breccias and intrusive phases that remain only partially defined and represent priority targets for future exploration.

Subsequent drilling completed in Q4 2025 was designed to test the continuity of mineralization identified in Q1 2025. While assay results are still pending, geological observations indicate continued expansion of the mineralized footprint, with mineralization consistent in style and intensity with previously reported intersections. The system remains open, and continuing interpretation continues to refine geometry and grade distribution, supporting the potential for higher-grade centres and justifying additional drilling.

Zorro project

Zorro is a newly consolidated, internally generated greenfields project with excellent access and year-round operating conditions. Three priority target types have been identified, including intrusion-related copper mineralization, epithermal veins and a magmatic-hydrothermal breccia system. First-pass drilling is planned for late Q2 2026, fully financed by Sable.

Cerro Negro project (Moxico earn-in)

Cerro Negro is a concealed porphyry/epithermal exploration play located beneath Quaternary gravels. Targets defined by coincident magnetic, IP (induced polarization) and geochemical anomalies are being advanced toward initial drilling test in collaboration with Moxico. The project benefits from excellent access and year-round operating conditions.

Don Julio project

The Don Julio project is located within the emerging Chita porphyry district. Through multiple exploration campaigns, Sable has delineated a large-scale mineral system and developed an advanced understanding of the project's geology, resulting in the identification of four underexplored Miocene copper-gold-molybdenum porphyry centres across a district-scale land package. Given the size of the project area and the capital required to fully evaluate its district potential, the project will remain on care and maintenance while Sable advances discussions with potential strategic partners to finance large-scale definition drilling.

Canada -- British Columbia

Copper Queen project

Sable will continue permitting and technical preparation for a 3,000-metre drill program targeting porphyry and breccia-hosted copper-gold-silver mineralization supported by VTEM (versatile time-domain electromagnetic) geophysics and surface data.

Copper Prince project

At Copper Prince, an approximately 1,500-metre drill program is planned to test a large copper-molybdenum soil anomaly coincident with magnetic and IP features, subject to permitting.

Outlook

With a strong cash position, self-financed first-pass drilling at the Zorro project, partner-financed drill-ready assets and an active project generation pipeline, Sable is well positioned to deliver meaningful exploration catalysts in 2026. The company's work programs are designed to maximize discovery potential while maintaining financial discipline.

Option grant

The company also announces that, pursuant to the stock option plan, it has granted one million options to purchase common shares of the company exercisable at a price of 10 cents per share for a period of five years.

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 greenfields projects to resource level. Sable is actively exploring the San Juan regional program (163,969 hectares) incorporating the Don Julio, El Fierro, Cerro Negro and Zorro projects in San Juan province, Argentina, and the Copper Queen (15,133 hectares), Copper Prince (3,980 hectares) and Core Mountain (1,925 hectares) properties in British Columbia.

We seek Safe Harbor.