FOR IMMEDIATEW RELEASE Sable Resources Ltd – Options the Margarita Silver Project, Mexico

PRESS RELEASE

FOR IMMEDIATEW RELEASE

Sable Resources Ltd – Options the Margarita Silver Project, Mexico

Vancouver, British Columbia, June 7, 2017 - Sable Resources Ltd. ("Sable" or the "Company") (TSX- NEX: SAE.V) is pleased to announce that it has signed a definitive agreement (the “Agreement”), dated May 30, 2017, to option 100% of the Margarita Silver Project (the “Project”) in Chihuahua state, Mexico from an arm’s length vendor (the “Vendor”).

The Project consists of two mining exploration licenses totaling 125 hectares of ground with an approximate strike length of 1.7 kilometers, has never been drill tested, is fully surrounded by Sunshine Silver Mine Corporation’s Los Gatos Project exploration licenses and is located 20 km northwest of Cerro Los Gatos deposit.

Under the terms of the Agreement, which is subject to approval by the TSX Venture Exchange (the “Exchange”), and in order to obtain a 100% interest the Property, Sable will:

• Make payment of CAD $50,000 to the Vendor upon execution of the Agreement;
• Upon Exchange approval, issue the Vendor 200,000 common shares of Sable;
• Issue CAD $500,000 worth of common shares in Sable on or before the one (1) year anniversary date of the execution of the agreement valued at the date of issue, less the value of the 200,000 common shares issued upon Exchange approval;
• Issue CAD $1,000,000 worth of common shares in Sable on or before the two (2) year anniversary date of the execution of the agreement valued at the date of issue;
• Issue CAD $2,000,000 worth of common shares in Sable on or before the three (3) year anniversary date of the execution of the agreement valued at the date of issue.

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 kilometers 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

For more information:

Tom Obradovich, President & CEO [email protected] Tel (416) 985-7140 Or visit http://www.sableresources.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.