Drilling Progress at El Fierro Copper Mine Project in Argentina

Sable Resources announced the drilling results from February to April 2025 for its El Fierro project in San Juan Province, Argentina.

This drilling was funded by Moxico Resources plc under an agreement reached between the two companies on February 27, 2025.

The main ore intersections are as follows:

Hole FZ-DH-25-92

◎ An ore intersection of 109.6 meters was encountered from 291.4 meters to 401.0 meters, with a copper grade of 0.23%, a gold grade of 0.15 g/mt, and molybdenum content of 0.0589%. Within this, an ore intersection of 20.0 meters was encountered at a depth of 320.0 meters, with a copper grade of 0.58%, gold content of 0.3 g/mt, and molybdenum content of 0.13%.

◎ An ore intersection of 116.2 meters was encountered at a depth of 18 meters, with a copper grade of 0.24%, a gold grade of 0.14 g/mt, and molybdenum content of 0.0197%.

Hole FZ-DH-25-68

◎ An ore intersection of 48.1 meters was encountered at a depth of 645.6 meters, with a copper grade of 0.31%, a gold grade of 0.094 g/mt, and molybdenum content of 0.0825%. Within this, an ore intersection of 6.9 meters was encountered at a depth of 676.8 meters, with a copper grade of 1.01%, a gold grade of 0.35 g/mt, and molybdenum content of 0.0258%.

Hole FZ-DH-25-76

◎ An ore intersection of 110.0 meters was encountered at a depth of 322.0 meters, with a copper grade of 0.17%, a gold grade of 0.07 g/mt, and molybdenum content of 0.0113%. Within this, an ore intersection of 49 meters was encountered at a depth of 365 meters, with a copper grade of 0.22%, a gold grade of 0.11 g/mt, and molybdenum content of 0.0108%.