VANCOUVER, British Columbia — January 15, 2026 — Leads & Copy — Sable Resources Ltd. (TSXV:SAE | OTCQB:SBLRF) has entered into a binding letter agreement to acquire a 100% interest in the “La Esquina” property in San Juan, Argentina, the company announced today.
The agreement is with an arm’s length party and will lead to a definitive option agreement. The “La Esquina” property consists of four claims adjacent to two properties previously staked by Sable. The consolidated land package covers 5,236 hectares and will be called the “Zorro Project.”
The Zorro Project is located in the Frontal Cordillera of San Juan, directly north of the Minsud/South32 Chita Valley Project, which includes the Chinchillones deposit, and the Chita South Porphyry Deposit. Sable’s Don Julio Project, including four active porphyry targets, is located 21km west of the Zorro Project.
Mineral potential at the Zorro Project was identified through Sable’s regional target generation work. The project has historical mineral occurrences and excavations around a large magnetic anomaly, approximately 7km by 4km. The magnetic feature is caused by a diorite stock that intrudes Carboniferous sediments and Permo-Triassic granites. Preliminary field review has identified three mineralization styles:
Intrusion-Related Cu Mineralization
Copper mineralization has been identified 7.7km from the Chita South deposit and 9.8km from the Chinchillones deposit. This mineralization, hosted within Permo-Triassic granite near its contact with the diorite stock, is typical of intrusion-related mineral systems. Chalcopyrite is observed within quartz-magnetite-specularite sheeted veins and veinlets with a NNW orientation. Chalcopyrite-bearing veins are observed over an approximately 650m by 500m area. Sable plans detailed mapping, sampling, trenching, and geophysics in preparation for a drill program in the second half of 2026.
Magmatic-Hydrothermal Breccias
A magmatic hydrothermal breccia zone was observed outcropping for approximately 180m by 100m, exhibiting quartz, sericite, carbonate, and pyrite cement with sedimentary clasts. This breccia has an NNE orientation; geometry and textures indicate proximity to the breccia cupola zone with zoning to copper mineralization at depth.
Epithermal Veins
Discrete epithermal veins occur in the periphery of the magnetic anomaly. These veins were artisanally exploited and display different orientations and thicknesses in sedimentary rocks and the diorite stock. Galena, sphalerite, and minor arsenopyrite have been observed in these structures. The geochemistry and structure of these veins will be studied to determine their exploration potential.
Sable collected 98 rock samples during the first reconnaissance of the Zorro Project, which are being analyzed by ALS Minerals. The Zorro Project has road access, low elevation (2,600 m.a.s.l), and opportunity for year-round work.
Dr. Ruben Padilla, President and CEO of Sable, stated, “The consolidation of the Zorro land will allow us to explore a high-potential project along a world-class mineral belt with chances of discovering porphyry, epithermal or intrusion related mineralization. Adding Zorro to our project pipeline shows our commitment to exploration in San Juan, one of the most attractive jurisdictions in the world.”
The binding letter agreement allows the Company to continue its due diligence process up until February 28, 2026. To earn a 100% interest, the Company must:
- Make a payment of US$25,000 on the date of signing of the letter of intent (paid)
- Make a payment of US$25,000 on the date of signing the option agreement;
- Make a payment of US$70,000 prior to the first anniversary of the option agreement;
- Make a payment of US$120,000 prior to the second anniversary of the option agreement; and
- Make a payment of US$760,000 prior to the third anniversary of the option agreement.
There is 1% net smelter royalty on the property, which may be purchased by the Company for US$1,000,000.
Luis Arteaga M.Sc. P.Geo., Vice President Exploration, is the Company’s Qualified Person as defined by NI 43-101 and has reviewed and approved the technical information in this release.
For further information, please contact Ruben Padilla, President & CEO at ruben.padilla@sableresources.com or +1 (520) 488-2520
Source: Sable Resources Ltd.
