Sable Resources receives additional $5M payment from OR Royalties

Sable Resources announced that the Company has received $5M from OR Royalties (OR) in connection with the TDG Gold Corp. royalty sold by Sable to OR, as announced on April 24, 2025. The $5M payment was made pursuant to the terms of the Sable-OR Investment Agreement, and to the recent announcement by TDG, pertaining to drill results at its Greater Shasta-Newberry project. These results exceeded the milestone specified in the Investment Agreement, triggering the payment of the additional $5M. With the receipt of the additional $5M, Sable has now received a total of $8.8M from the royalty sale to OR. Sable can receive an additional $2M should OR exercise its option for another 1% royalty on Sable’s Copper Queen, Copper Prince and Core Mountain properties located in British Columbia.