SABRE RESOURCES LIMITED - Capital/Financing Update 2013

e x plore exten d ext r act

==> picture [55 x 59] intentionally omitted <==

==> picture [54 x 59] intentionally omitted <==

==> picture [55 x 59] intentionally omitted <==

==> picture [4 x 118] intentionally omitted <==

==> picture [53 x 59] intentionally omitted <==

----- Start of picture text -----

e
----- End of picture text -----

==> picture [53 x 60] intentionally omitted <==

==> picture [55 x 60] intentionally omitted <==

==> picture [54 x 60] intentionally omitted <==

==> picture [55 x 60] intentionally omitted <==

==> picture [54 x 60] intentionally omitted <==

==> picture [55 x 60] intentionally omitted <==

ASX ANNOUNCEMENT 13 November 2013

==> picture [31 x 33] intentionally omitted <==

DEEPER DRILLING SUCCESS AT GUCHAB

==> picture [456 x 285] intentionally omitted <==

==> picture [29 x 31] intentionally omitted <==

----- Start of picture text -----

ia.
----- End of picture text -----

Fi g ure 1 - Diamo n d drilling unde r way near the peak of the Eise r nenhut, Otavi M ountain Land, northern Nami b ia.

==> picture [9 x 33] intentionally omitted <==

HIGH L IGHTS

Drilling in the Guchab Canyon has intersected strong copper mineralisation at depth, below the levels of previous drilling,
Recent Guchab drill results include:
G CDD0045 21.86 m etres @ 2. 2 2% Coppe r & 44.59 g p t Silver fr o m 183.00 m etres G CDD0046 26.40 m etres @ 2. 4 4% Coppe r & 43.61 g p t Silver fr o m 95.60 m e tres Including 10.50 m etres @ 3. 5 8% Coppe r & 67.46 g p t Silver fr o m 111.50 m etres
Drill results indicate that grade is increasing with depth, in line with Sabre modelling,
Drilling at the Guchab Canyon deposit is targeted toward the estimation of a maiden JORC resource.

==> picture [54 x 42] intentionally omitted <==

==> picture [55 x 42] intentionally omitted <==

==> picture [54 x 42] intentionally omitted <==

==> picture [55 x 42] intentionally omitted <==

==> picture [54 x 42] intentionally omitted <==

==> picture [55 x 42] intentionally omitted <==

==> picture [4 x 42] intentionally omitted <==

ex p lore e xtend extr a ct

==> picture [54 x 65] intentionally omitted <==

----- Start of picture text -----

ct
----- End of picture text -----

==> picture [55 x 65] intentionally omitted <==

==> picture [54 x 65] intentionally omitted <==

==> picture [55 x 65] intentionally omitted <==

==> picture [4 x 65] intentionally omitted <==

1. Deeper D r illing at G u chab

The drilling program in the G uchab Can y on continue s , with rece n t results co n firming the c ontinuity of m ineralisation at depth, a s well as an increase in t h e grade of the copper m ineralisatio n .

1.1 Guch a b Canyon – Deep Dr i lling

S abre has c ontinued to drill from a number of l o cations in the Guchab Canyon (Fi g ure 3) in o rder to defi n e the conti n uity and ori e ntation of t h e copper mineralisation.

1.2 Drillin g at the Eisernenhu t

S abre is un d ertaking a short progra m of reconn a issance drill i ng at the Ei s ernenhut p r ior to the c ommence m ent of the w et season. T his progra m will test the outcroppi n g mineralis a tion in a number of l o cations for a structural a ssessment o f the prosp e ct and allo w for the pla n ning of a more exten s ive program, if initial res u lts prove p o sitive.

A short pro g ram of five holes is be i ng underta k en, with the drill rig ret u rning to th e Guchab C anyon foll o wing the co m pletion of t h e drill hole s . T he progra m was pushed forward due to t he danger s involved i n drilling i n such a t opographic a lly high lo c ation durin g the elect r ical storms that occur throughout the wet s eason.

==> picture [420 x 273] intentionally omitted <==

Fig u re 4 - Outcrop p ing copper mineralisation on t h e Eisernenhut.

The Co m pany look s forward to updating shareholders as drilling c ontinues i n the Otavi Mountain Land.

Tim Putt Chief Executive Officer Sabre Resources Ltd

For further information regarding the Company’s activities, please contact:

Norman Grafton Tim o thy Putt Compa n y Secretary Chi e f Executive Officer Phone (08) 9481 7 8 33 Phone (08) 94 8 1 7833

Or consult our website:

www.sabr e sources.co m

ex p lore e xtend extr a ct

==> picture [54 x 65] intentionally omitted <==

----- Start of picture text -----

ct
----- End of picture text -----

==> picture [55 x 65] intentionally omitted <==

==> picture [54 x 65] intentionally omitted <==

==> picture [55 x 65] intentionally omitted <==

==> picture [4 x 65] intentionally omitted <==

SABR E ’S OTAVI MOUNTAIN LAN D COPPE R PROJE C T

The Ot a vi Mountai n Land Cop p er Project ( ‘OML’) is l o cated in n o rthern Na m ibia, lying w ithin the triangle c reated by t h e mining to w ns of Tsu m eb, Otavi a n d Grootfont e in.

The entire region is w ell served b y sealed ro a ds, rail to p ort, high vol t age power, t elephone a n d water, and is close to majo r towns and m ining proc e ssing facilities, includin g the Komba t copper co n centrator and Tsumeb Smelte r complex (one of only fi v e operating smelters in A frica).

==> picture [55 x 56] intentionally omitted <==

==> picture [54 x 56] intentionally omitted <==

==> picture [55 x 56] intentionally omitted <==

==> picture [54 x 56] intentionally omitted <==

==> picture [38 x 75] intentionally omitted <==

==> picture [49 x 75] intentionally omitted <==