Don Julio

• Surface: 69,350ha • The project includes the Don Julio cluster that contains numerous targets of porphyry (La Gringa, Poposa, Amarillo, Punta Cana, Tocota); intermediate sulfidation (Lodo, San Gabriel, Colorado); skarn (Fermin); and the regional properties that include the Los Pumas project as well as extensive unexplored ground. • In 2021 Sable and South32 signed an Earn-in Agreement to jointly explore the Don Julio Project • 4th field season in partnership with South32 including two drilling campaigns • Sable’s Drilling 3,100m of drilling in 2018; 10,362m in 2022 and 2023 • Sable Work-to-Date: 6 field seasons covering an area of ~12x10 km, geology and alteration mapping, >3km trenching 3,029 rock samples, 450 line-km Mag, ~30 km of IP lines • 2024-2025: Drilling 2,000 m -US$2 million budget approved by South32- to be distributed between the Morro and Colorado target.