Sable Resources Ltd. · TSXV:SAE
Sable Resources — Investor Presentation (July 2024)
26 slides from Sable Resources's investor presentation, July 2024
Slide 1: Greenfields Exploration at its Best
GREENFIELDS EXPLORATION at its Best CORPORATE PRESENTATION July 2024 TSXV SAE
Slide 2: Forward Looking Statements
Forward Looking Statements Certain statements in this presentation document are forward-looking statements, which reflect the expectations of management regarding the business development objectives and plans of Sable Resources Ltd. and its subsidiaries (collectively referred to as “Sable” or the “C
Slide 3: Overview: Greenfields Exploration at its Best
OVERVIEW SABLE RESOURCES – Greenfields Exploration at its Best CLEAR OBJECTIVE SHARP FOCUS WELL-FUNDED To discover exceptional high value Under-explored Gold-Copper multi-million C$11.5 M cash at the end of March 2024, with additional mineral deposits that can generate tonne porphyry systems and ass
Slide 4: Sable Leadership – Board & Management
Sable Leadership – Board & Management Ruben Padilla – President, CEO, Director Brent Gilchrist – Director • Ph.D. University of Arizona (La Escondida Cu deposit, Chile) • Mining and finance executive • +35 years experience in mineral exploration • President, JDS Energy and Mining • 13 years with BHP
Slide 5: Share Structure and Capitalization
OVERVIEW Share Structure and Capitalization Capital Structure (C$M Except Per Share Figures) Capital Structure (C$M Except Per Share Figures) Current Price (as of July 8, 2024) C$0.045 Warrants and options Amount 52-Week High C$0.065 Options 21,760,000 52-Week Low C$0.035 RSUs 1,300,000 Shares Outst
Slide 6: Senior Company-Style Exploration
Senior Company-Style Exploration SABLE RESOURCES – Greenfields Exploration at its Best Exploration Pipeline (July 2024 Status) • Focus Only on Tier 1-Potential Mineral Systems (Cu-Au porphyries and Au-Ag Epithermal systems) Resources (1) Margarita” SOLD-2021 • Proven Systematic Discovery Methodology
Slide 7: Exploring in Two Well-Endowed Porphyry Regions – Argentina and Canada
SABLE PROJECTS Exploring in Two Well-Endowed Porphyry Regions of the Americas – Argentina and Canada San Juan, Argentina >130,000 ha in 3 project areas: El Fierro (75,000 ha) • Old mining district never explored in modern times • Three seasons of work by Sable • Discovery of the large Cu-Au-Mo Mioce
Slide 8: Exploring in Two Well-Endowed Porphyry Regions – British Columbia
SABLE PROJECTS Exploring in Two Well-Endowed Porphyry Regions of the Americas British Columbia, Canada >15,000 ha along an underexplored porphyry belt: Perk Rocky (10,475 ha) • 8 x 5km alteration zone • Advanced Argillic alteration with transition to porphyry environment • Extensive Copper/Gold anom
Slide 9: Don Julio Cluster of Au-Cu Targets
SAN JUAN, ARGENTINA Don Julio Cluster of Au-Cu Targets Property Cluster of 5 Cu-Au-Mo Porphyry – Polymetallic Skarn Targets. Fully funded by South32 earn-in agreement Location Along a well-endowed 5 to 10 Ma Andean Miocene Au-Cu mineral belt in Lodo San Juan, Argentina (host of large porphyry system
Slide 10: La Gringa Target – Don Julio Project
La Gringa Target – Don Julio Project Defining a large porphyry system covered by thin gravels DJ-DH-23-12 DJ-DH-22-09 11.1 m @ 2.21% CuEq (1.61% Cu; 46.0m @ 0.22% CuEq (0.21% Cu; 35 ppm 19.1 g/t Ag; 0.38 g/t Au; 0.4% Zn) Mo) from 339.5 to 385.5m from 53.0 to 64.1m DJ-DH-23-22 48.5m @ 0.14% CuEq (0.1
Slide 11: La Gringa Target – Don Julio Project
La Gringa Target – Don Julio Project Defining the 3D geometry and potential core high-grade zones DJ-DH-23-22 ? ? DJ-DH-22-09 DJ-DH-23-12 Chargeability 55.0m anomaly DJ-DH-23-12 Projection of DJ-DH-23-14 biotite alteration and Moly mineralization 7.3 Ma DJ-DH-22-07 DJ-DH-23-17 DJ-DH-22-11 6.8 Ma Dia
Slide 12: Punta Cana Target – Don Julio Project
Punta Cana Target – Don Julio Project Touching the tip of a potentially large Au-rich Miocene porphyry Early quartz porphyry style veinlets cutting quartz diorite porphyritic intrusive rock. Early potassic and Punta Cana Mag-Plan View late illite-carbonate alterations DH-06 DJ-DH-22-16 DJ-DH-22-06 D
Slide 13: Tocota Target – Don Julio Project
Tocota Target – Don Julio Project Drill Ready Miocene Au-Cu porphyry Key Points • Outcropping Au-Cu porphyry mineralization • Untested target • Miocene age 8.8 Ma Geophysics • Large vertical and deeply rooted Mag anomaly • Strong magnetite presence in porphyry veinlets, especially in Maricunga type
Slide 14: Colorado Target – Don Julio Project
Colorado Target – Don Julio Project Miocene Au-Cu porphyry breccia • 6.8 Ma magmatic-hydrothermal breccia • Containing mineralized fragments of porphyry • Au-Cu high-grade associated with advanced argillic alteration • Connected to a chargeability anomaly on the valley, 900m lower elevation Chargeab
Slide 15: El Fierro Project
El Fierro Project • ~75,000 ha property located 120 km south of Filo del Sol – Jose Maria porphyry systems (Vicuna district) in similar age rocks Pb-Zn-Ag Halo • Potential for a multi-million tonne Cu-Au-Mo deposit • 10 x 10 km Cu-Au-Mo porphyry and sub-epithermal veins footprint associated to a lar
Slide 16: Pyros Target – El Fierro Project
Pyros Target – El Fierro Project Positive results from first drilling round FZ-DH-22-68 119m @ 0.22% CuEq Including 34m @ 0.34% CuEq FZ-DH-21-55 85m @ 0.18% CuEq Within 200m @ 0.14% CuEq FZ-DH-21-72 30.3m @ 0.44 % CuEq Within 142.0m @ 0.24 % CuEq FZ-DH-22-78 FZ-DH-22-84 18.0m @ 0.32% CuEq 14.0m @ 0.
Slide 17: Pyros Porphyry – El Fierro Project
Pyros Porphyry – El Fierro Project Large footprint with highly prospective zones Antena Cu-Au-Ag Target Sericite alteration and veinlets • Pyros remains the most important target within the El Fierro project • At least three zones are considered to have potential for high-grade Cu mineralization at
Slide 18: Cerro Negro – Potrerillos Property
Cerro Negro – Potrerillos Property • Cerro Negro and Potrerillos represent an Potrerillos innovative play of porphyry exploration Magnetic below gravels Anomaly • Prime location within Miocene belt in San Juan • 35km of Challenger’s Hualilan skarn project Cerro Negro hosting 2.8 MOz AuEq (Challenger
Slide 19: Cerro Negro Project
Cerro Negro Project • MMI soil sampling showing consistent anomalies with response ratios of up to 20 for Cu, 70 for Au, 96 for Ag, and 75 for Mo 1,025 ppm Cu 544 ppm Cu 914 ppm Cu • Early-stage Project. Concealed porphyry target below Quaternary gravels • Regional Magnetic Anomaly • Outcrops of Mio
Slide 20: Perk Rocky – British Columbia
Perk Rocky – British Columbia • 8 km by 5 km alteration zone • Advanced argillic transitioning to porphyry environment • Extensive Copper anomaly in talus • Multiple showings with Cu mineralization • At least three zones of biotite alteration, quartz veinlets, and Cu sulfides • Sable is executing an
Slide 21: Perk Rocky – Regional
Perk Rocky – Regional • The Company recently staked Copper two additional properties along the perk Rocky Belt to Queen consolidate the trend and increase its exploration opportunities • Perk Rocky remains the focus of the campaign, but basic reconnaissance work will be conducted at Copper Queen and
Slide 22: Perk Rocky – Regional – Copper Creek
Perk Rocky – Regional – Copper Creek 7,500 5,830 4,800 7,490 4,800 • At least five mineralized breccias with bornite and chalcopyrite • Breccias were discovered and mapped by Anaconda in 1968 • Little fieldwork conducted since then • Mag-EM-Radiometrics acquired in 2011 by Seaborne Minerals 22
Slide 23: Perk Rocky – Regional – Rusty Peak
Perk Rocky – Regional – Rusty Peak • Rusty Peak is a large color anomaly located on the margin of a Cretaceous tonalitic stock • Sable’s property is centered around the K porphyry showing but covers all the alteration zone • Historical ASTER shows the presence of advanced argillic alteration (alunit
Slide 24: Why Sable?
Why Sable? 1 Focus on large Cu-Au-Mo porphyry targets 2 Pipeline of multiple high-quality targets 3 Drilling at least two targets per year 4 Access to >CAD$11M cash to continue systematic exploration approach + Production DISCOVERY IS THE VALUE CREATOR FOR EXPLORERS Group 3 Proven Economic Discovery
Slide 25: Goals June 2024 to December 2024
Goals June 2024 to December 2024 1 Extensive fieldwork at the Perk Rocky project in British Columbia with basic reconnaissance of Tentative Work Plan the Copper Queen and Rusty Peak properties June 2024 – December 2024 2024 June September December 2 Prepare and start the 2024-2025 drilling Perk Rock
Slide 26: Thank You
oA SABLE RESOURCES THANK YOU : Mi >