CORPORATE PRESENTATION November 2018 Greenfield Exploration at its - - PowerPoint PPT Presentation

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CORPORATE PRESENTATION November 2018 Greenfield Exploration at its - - PowerPoint PPT Presentation

TSXV:SAE CORPORATE PRESENTATION November 2018 Greenfield Exploration at its Best Forward Looking Statements Certain statements in this presentation document are forward-looking statements, which reflect the expectations of management regarding


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CORPORATE PRESENTATION

November 2018

TSXV:SAE

Greenfield Exploration at its Best

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SLIDE 2

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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 it’s subsidiaries (collectively referred to as “Sable” or the “Company”. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward-looking statements in this presentation include: statements regarding the company’s proposed targets for production and for other exploration and development plans; statements regarding exploration upside; statements regarding projected metallurgical recoveries; statements regarding plans for 2018 exploration and development; statements regarding expected costs; statements regarding the mill; and statements regarding 2018 objectives and targets. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause the Company’s actual results to differ materially from those expressed

  • r implied by the forward-looking statements, including: (1) a downturn in general economic conditions in North America and internationally, (2) the

inherent uncertainties and speculative nature associated with gold and silver exploration, (3) a decreased demand for gold and silver, (4) any number of events or causes which may delay exploration and development of the Company’s property interests, such as environmental liabilities, weather, mechanical failures, safety concerns and labour problems, (5) the risk that the Company does not execute its business plan, (6) inability to finance operations and growth, (7) inability to obtain all necessary permitting and financing, and (8) other factors beyond the Company’s control. These forward looking statements are made as of the date of this presentation and the Company assumes no obligation to update these forward looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements, except in accordance with applicable securities laws. Additional information about the Company and these and other assumptions, risks and uncertainties is available in the Company’s public filings with Canadian securities regulators, available on SEDAR at www.sedar.com. Any Resources, Reserves or

  • ther estimates as to the volume of mineralized rock contained herein are historical estimates and were completed prior to the implementation of NI

43-101 unless expressly stated. Sufficient work to classify the historic mineral resource as a current mineral resource has not been completed. Hence, the resource estimate should not be relied upon.

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Value Proposition

RETURNS

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To deliver exceptional returns at the front end of the exploration

  • curve. We employ an aggressive exploration timeline with an

accelerated path to discovery while always maintaining focus on delivering shareholder value.

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Strategy

TARGETTING

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Focused on underexplored projects with good potential for camp size and high-grade discoveries in key mining jurisdictions in Mexico, Canada, and Argentina. DISCOVERY THROUGH SYSTEMATIC EXPLORATION Well-funded junior grassroots explorer focused on the discovery of new precious metal projects through systematic exploration in endowed terranes located in favorable, established mining jurisdictions. DEVELOPMENT TO RESOURCE STAGE Sables' main focus is developing their large portfolio of new greenfield projects to resource stage utilizing their Upper Level Epithermal Strategy.

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The Sable Model

TARGETING

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Focused on underexplored projects with good potential for camp size, high-grade discoveries

LAND POSITION

Large size mineral tenure packages to allow for mineral belt scale exploration and discovery

  • f world class deposits

PARTNERSHIPS

JDS Energy and Mining Inc., and Talisker Exploration Services Inc.

MANAGEMENT

New management team in place as of 2017 with a good track record of success

POLITICAL RISK

All projects located in safe, stable British

  • Columbia. Argentinian &

Mexican Jurisdictions

PROGRAM EXECUTION

Experienced well-trained country based exploration teams with local knowledge and skills

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Corporate

Share Structure and Capitalization

1 Year Share Price Performance Current Price (as at October 31, 2018) C$0.27 52-Wk High C$0.37 52-Wk Low C$0.135 Shares Outstanding 139,663,564 Market Capitalization $37,709,162.28 Less: Cash (Aug 03 2018) $5,026,473.43 Plus: Debt $0 Enterprise Value $32,682,688.85 Capital Structure (C$M Except Per Share Figures) Dilutive Securities

Type Expiry Strike Amount

Warrants 8-Sep-19 $0.25 18,821,600 Warrants 8-Sep-19 $0.15 1,133,615 Warrants 12-Sep-21 $0.35 4,191,950 Warrants 11-Oct-20 $0.35 5,000,000 Warrants 11-Oct-20 $0.25 600,000 Options 24-Oct-21 $0.10 1,200,000 Options 3-May-22 $0.15 2,550,000 Options 10-Nov-22 $0.17 2,200,000 Options 26-Mar-23 $0.245 3,200,000 Options 26-Oct-23 $0.30 1,300,000 Total 40,147,165 (Add) Basic Shares Outstanding 139,663,564 Fully Diluted Shares Outstanding 179,810,729

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Corporate

Sable Leadership M A N A G E M E N T Tom Obradovich

President, CEO, Chairman

Luis Arteaga

QP, Exploration Manager

Terry Harbort

VP Corporate Development

Ruben Padilla

VP Exploration

Over 30 years experience in mining exploration, development and financing. He is President and Chief Executive Officer of Canadian Continental Exploration Corp.; was a key individual behind Aurelian Resources (acquired by Kinross Gold Mines for $1.2 billion in 2008), which discovered the Fruta Del Norte gold deposit in Ecuador; a co- founder of Canadian Royalties Inc., which discovered and developed the Raglan south nickel belt; acquired most of the Matachewan gold camp by an RTO of Young-Davidson Mines Ltd. which was subsequently acquired by Northgate Minerals in 2005; and serves on the board of Barkerville Gold Mines Ltd. and Dalradian Resources Inc.

  • Mr. Arteaga is a professional

geologist with more than 13 years of experience in precious metals exploration in a wide range of mineral deposits. Luis has worked for various major and junior companies including 5 years with AngloGold Ashanti in Colombia and Brazil. Luis joined Talisker Exploration Services in 2011 as Senior Geologist where he worked in Mexico, Peru, Northern Ireland and Canada on behalf of the Osisko group of companies. Luis holds a BSc in geology from Universidad Nacional de Colombia and an MSc degree from Laurentian University. Luis is a P.Geo and member in good standing of the APGO in Ontario and holds a temporary permit from the OGQ in Quebec. PhD in Structural Geology and

  • Tectonics. Recognised senior

member of the discovery team

  • f AngloGold's Ashanti's La

Colosa and Gramalote

  • deposits. Specialist in mapping

and interpretation of ore geometries and ore controls covering various types of geological environments with direct applications to mineral economics from target generation, target definition and evaluation, and project

  • management. Co-founder and

VP Exploration of Talisker Exploration Services. Currently the Chief Geoscientist for Barkerville Gold Mines Ltd and Osisko Nominee to the board of IDM Mining. PhD from the University of

  • Arizona. Over 30 years

experience in the mineral exploration industry, Dr. Padilla has completed important research at the La Escondida deposit. With AngloGold Ashanti Ltd., he acted as exploration country manager in Peru and in Colombia and as chief geologist for the Americas exploration group. He was part of the team that discovered the Colosa and Gramalote deposits in

  • Colombia. He is the founder

and chief geologist for Talisker Exploration Services Inc. Dr. Padilla is a director of UniGold Inc. and Minera Alamos Inc.

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Corporate

Sable Leadership B O A R D O F D I R E C T O R S Brent Gilchrist

Director

Terence Harbort

Director

Andres Tinajero

Director

Donald Njegovan

Director

Tom Obradovich

President, CEO, Chairman An accomplished finance executive with extensive experience in the investment and banking

  • sectors. He is currently

the President of JDS Resources Inc., the JDS Group of Companies’ venture capital and private equity arm responsible for investment management, acquisitions and project

  • financing. Brent is also

the President and Co- founder of JDS Silver Inc., the owner and

  • perator of the Silvertip

Mine located in Northern British Columbia. PhD in Structural Geology and Tectonics. Recognised senior member of the discovery team of AngloGold's Ashanti's La Colosa and Gramalote

  • deposits. Specialist in

mapping and interpretation

  • f ore geometries and ore

controls covering various types of geological environments with direct applications to mineral economics from target generation, target definition and evaluation, and project

  • management. Co-founder

and VP Exploration of Talisker Exploration

  • Services. Currently the

Chief Geoscientist for Barkerville Gold Mines Ltd and Osisko Nominee to the board of IDM Mining. Holds a MBA and is a Member of the Canadian Institute of Chartered Professional Accountants, the Certified Practicing Accountants of Australia and he is a Certified member of the Institute of Corporate Directors. He has served as CFO and Vice President of Finance of several medium sized public companies across Canada. Has over 25 years of experience in the mining

  • industry. He holds a

bachelor of science in mining engineering from Michigan Technological University and a bachelor

  • f arts from the University
  • f Manitoba. Currently, he

is the vice-president, new business development, at Osisko Mining Corp. He was formerly managing director of global mining at Scotiabank, an investment banker at Toll Cross Securities Inc., and also worked underground and as a mining engineer throughout North America.

  • Mr. Njegovan is a director
  • f Cabral Gold Ltd. and

was on the board of directors of St. Andrew Goldfields Ltd. up until it was acquired by Kirkland Lake Gold.

Over 30 years experience in mining exploration, development and financing. He is President and Chief Executive Officer of Canadian Continental Exploration Corp.; was a key individual behind Aurelian Resources (acquired by Kinross Gold Mines for $1.2 billion in 2008), which discovered the Fruta Del Norte gold deposit in Ecuador; a co-founder of Canadian Royalties Inc., which discovered and developed the Raglan south nickel belt; acquired most of the Matachewan gold camp by an RTO of Young- Davidson Mines Ltd. which was subsequently acquired by Northgate Minerals in 2005; and serves on the board of Barkerville Gold Mines Ltd. and Dalradian Resources Inc.

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Sable Greenfields

  • Proven Discovery

Methodology

  • No Project Recycling
  • World Class Pipeline
  • Clear Pathway to Drilling
  • Clear Advance or Discard

Criteria

  • Experienced

Knowledgeable Team

  • High Risk Early Stage

Already De-Risked

Major Style Exploration by a Junior

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Sable Argentina Greenfields

Drill Project Overview

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San Juan Regional

  • 16 Targets Identified in 35,000ha
  • 6 Located in Don Julio Cluster
  • High & Low-Intermediate

Sulphidation Style Epithermal Recognized by Sable Exploration Team

  • Mining Friendly San Juan

Jurisdiction

  • Option to Own 100%

Extending the Prolific El Indio Trend in Argentina

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Don Julio

  • 2 Large Gold & Alteration Targets: Margarita (2km

X 2km) & Heaven Hill (2km X 0.5km)

  • Victor Target may join with Esperanza to create

3.5km X 2km target

  • Hosted in 5km X 5km Volcanic Caldera
  • Mapping and Sampling Completed
  • Dated overprinting mineralizing events analogous

to Valadero (10Ma), Pascua Lama (~8.7Ma) and El Indio (6.5Ma)

  • Drilling now

Drill Ready High-Sulphidation Epithermal

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Don Julio

Elephant Footprints

2km 2km

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INTERPRETED DON JULIO CALDERA RING

Historical Drilling (ARG, WMC, ATW & TERRENO) Sable Proposal Drilling

  • Most of Drilling as shown in the map was executed

In Filo Amarillo Target (HSE and Porphyry Target down To ‐400m Vertical)

  • New Victor target under current exploration,

Needs results of PIMA and Geochemistry.

  • Victor Alteration System is controlled by Easter Ring of

Don Julio Caldera but over 80% of the target is Covered by Colluvial material and Post Dacitic Flow And Domes (6m.y). Recen exploration work and Field Observation has extended the target towards Esperanza Are we dealing with one Major Target??. Gravitational Deposits, Colluvial Material and Vocanics 6m.y are covering most of the Target.

  • Filo Amarillo‐Morro N and Morro Sur seems to be

A Block of Basement not assimilated by Caldera right at The ring structure of the Ignimbrites..? Victor Target Victor Target Heaven Hill & Morro Heaven Hill & Morro Esperanza & Punta Cana Esperanza & Punta Cana Esperanza & Punta Cana Esperanza & Punta Cana

New trenches Altered rock Windows below post mineral rocks Victor VS from Victor Don Julio – Victor Target Connecting to Esperanza

TSXV:SAE November 2018

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Don Julio

Conceptual Model

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Don Julio

Drill Hole Targeting

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Sable Mexico Greenfields

Drill Project Overview

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Margarita Discovery

  • Low-Intermediate Sulphidation Epithermal Ag
  • 1.7km of Outcropping Multiple Veins
  • Chanel Sampling 100-900g/t Ag
  • 1kg/t+ values in Drill Results
  • Wide Vein Intercept Widths to over 12m
  • Mining Friendly Chihuahua
  • Adjacent to Sunshine Silver Los Gatos (256Moz

AgEq) & Surrounded by Sunshine Claims

  • Not Previously Drilled
  • Option to Earn 100%

Currently Drilling - Bonanza Grade Target

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Margarita

Vein Intercepts

E

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Vinata

  • Grassroots Discovery
  • Not Previously Drilled
  • Strong Pathfinder Indicators
  • Low-Sulphidation Epithermal
  • Mining Friendly Chihuahua
  • 100% Sable Owned
  • Completed 43-101
  • Permitting Initiated
  • Drill Ready

Grassroots Discovery From Systematic Exploration

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El Escarpe

  • Grassroots Discovery
  • Upper Level Low-Sulphidation

Epithermal

  • Close to Infrastructure
  • Chalcedonic to Opaline Textures
  • Mineralised Above Bonanza Au

to 1.5g/t, Ag to 66g/t

  • 100% Sable Owned
  • Completed 43-101
  • Permitting Underway
  • Drill Ready

Multiple Drill Ready Targets

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Scorpius

  • Miocene-Pliocene Central Peru

Metallogenic Belt

  • Large Strong Alteration Footprint
  • Significant Geochemical Anomaly

Values up to 7.75g/t Au

  • Phase II & Drill Permitting

Underway

  • Option to Own 100%

High Sulphidation Target

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Spences Bridge Gold Belt, BC, Canada

  • 189,000ha Free Stake Covering

70% of Entire Belt

  • Strategic Alliance with Westhaven

Resources

  • Recognised as Cretaceous Failed

Rift Basin

  • Bi-modal Volcanics and Sediments

Analogous to Fruta del Norte

  • Extensive Upper Level Epithermal

Indicatory – Hg, Sb, Sb pathfinders Au/Ag

  • 100 Owned by Sable%

Control of Emerging Mineral Belt

^ _ ^ _ ^ _ ^ _ ^ _

City

Westhaven Claims Sable SBGB Mineral Tenure BC Mineral Tenure Spences Bridge Group

.

10 20 30 5

Ashcroft Cache Creek Merritt Lytton

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Why Invest

POSITION

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In the unique position of having the largest pipeline

  • f significant projects in

areas of high mineral tenure.

DISCOVERY

Focused on world class discovery.

TRACK RECORD

Great track record of discovery with seasoned professionals.

POTENTIAL

No recycled projects.

TIMELINE

Aggressive exploration timeline with an accelerated path to discovery.

VALUE

Entire business model purposed to increase share value.

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Contact

C o r p o r a t e H e a d O ff i c e :

Suite 900 – 999 West Hastings St – Vancouver, BC Tom Obradovich, President & CEO: +1(416) 985-7140 tom.obradovich@sableresources.com sableresources.com TSXV:SAE