Greenfield Exploration at its Best Forward Looking Statements - PowerPoint PPT Presentation

TSXV:SAE CORPORATE PRESENTATION January 2018 Greenfield Exploration at it’s Best

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 or 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 other 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. January 2018 TSXV:SAE 2

Sable Highlights Focused on underexplored projects with good potential for camp size, high- Targeting grade discoveries Significant existing infrastructure including roads, camp, equipment and Infrastructure 100% owned & permitted mill Partnerships JDS Energy and Mining Inc., and Talisker Exploration Services Inc. New management team in place as of 2017 with a good track record of Management success Political Risk All projects located in safe, stable British Columbia & Mexican Jurisdictions New acquisitions – Added in 2017: Tulox, Mets, Bot, Tulameen (British Acquisitions Columbia) and Margarita, Vinata and El Escarpe (Mexico). January 2018 TSXV:SAE 3

Corporate Share Structure and Capitalization Dilutive Securities Capital Structure (C$M Except Per Share Figures) Type Expiry Strike Amount Current Price (as at Jan 2, 2017) C$0.17 Warrants 29-Jun-18 $0.30 2,500,000 52-Wk High C$0.20 Warrants 8-Sep-19 $0.25 28,370,500 52-Wk Low C$0.105 Options 24-Oct-21 $0.10 1,800,000 Options 3-May-22 $0.15 2,550,000 Shares Outstanding 116,9 Options 10-Nov-22 $0.17 2,200,000 Market Capitalization $19.9 Total 38,070,500 Less: Cash (Dec 2017) $4.6 (Add) Basic Shares Outstanding 116,876,050 Plus: Debt $0.0 (Add) Bonus Shares 1,000,000 Fully Diluted Shares Outstanding 155,296,550 Enterprise Value $15.8 1 Year Share Price Performance January 2018 TSXV:SAE 4

Corporate Sable Leadership Management 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 Tom Obradovich $1.2 billion in 2008), which discovered the Fruta Del Norte gold deposit in Ecuador; a co-founder of Canadian Royalties Inc., President, CEO, which discovered and developed the Raglan south nickel belt; acquired most of the Matachewan gold camp by an RTO of Chairman 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. Finance professional who has been involved in the mining industry over the last 30 years. He has held the chief financial Richard Godfrey officer or vice-president, finance, position for JDS Silver, Capstone Mining, Lundin Mining, Breakwater Resources, Ma'aden (a CFO Saudi Arabian mining company) and Triton Mining. He has also been the mine-site controller at mines located in Yukon and the Northwest Territories. William Yeomans, Consultant to IAMGOLD Corporation and Dundee Precious Metals with over 30 years of field experience in all stages of gold P.Geo exploration, development and production throughout the Americas and in Asia and has worked for BHP World Discovery Consulting Geologist Group, StrataGold Corp., Migrate Mining, Aur Resources Inc., Canamax Resources, Shell Minerals. PhD from the University of Arizona. Over 30 years experience in the mineral exploration industry, Dr. Padilla has completed Ruben Padilla important research at the La Escondida deposit. With AngloGold Ashanti Ltd., he acted as exploration country manager in Consulting Geologist 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. January 2018 TSXV:SAE 5

Corporate Sable Leadership Board of Directors An accomplished finance executive with extensive experience in the investment and banking sectors. He is currently the President of Brent Gilchrist JDS Resources Inc., the JDS Group of Companies’ venture capital and private equity arm responsible for investment management, Director acquisitions and project financing. Brent is also the President and Co-founder of JDS Silver Inc., the owner and operator 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 of ore geometries and ore controls covering various types of geological Terence Harbort environments with direct applications to mineral economics from target generation, target definition and evaluation, and project Director 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 Andres Tinajero of Australia and he is a Certified member of the Institute of Corporate Directors. He has served as CFO and Vice President of Director 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 of arts from the University of Manitoba. Currently, he is the vice-president, new business Donald Njegovan development, at Osisko Mining Corp. He was formerly managing director of global mining at Scotiabank, an investment banker at Toll Director Cross Securities Inc., and also worked underground and as a mining engineer throughout North America. Mr. Njegovan is a director of Cabral Gold Ltd. and was on the board of directors of St. Andrew Goldfields Ltd. up until it was acquired by Kirkland Lake Gold. B.Sc in geology with over 12 years in the mining and exploration sector of British Columbia in roles including mine manager of active Joel Gillham underground mining operations, surface exploration project management, advanced project permitting and first nations consultation, Director as well as regulatory experience. January 2018 TSXV:SAE 6