Sable Mining Africa Regulatory News (SBLM)

Sable Mining Africa Ltd/ Index: AIM / Epic: SBLM / Sector: Natural Resources

5 October 2011

Sable Mining Africa Limited ('Sable Mining' or 'the Company')

Coal Update

Sable Mining Africa Ltd, the AIM listed resource company, is pleased to announce an update on the Lubimbi Coal Concession ('Lubimbi' or 'the Project'), which covers 16,545 hectares of the highly prospective Gwaai area of the Kariba Coal Basin in north-western Zimbabwe and in which Sable Mining holds a 49% interest. 

30 boreholes of Sable Mining's 64 borehole Phase 1 drilling programme have been completed to date. A total of 3,820m has been drilled and 226 samples weighing 2.88 tonnes have been submitted to the ALS Laboratory Group in Witbank, South Africa, for testing. Initial results provide early confirmation of the open cast potential contained within the Project. 

Initial modelling of the main six seams falling within these initial data boundaries suggest in-situ tonnages approaching 550 million tonnes of coal. The potential tonnage contained within the three opencast blocks shown, are expected by the Company's geologists to exceed 1 billion tonnes which is reflected in historical estimates. A figure identifying the location of the boreholes can be found at www.sableminingafrica.com.

In addition, as referred to in the announcement made by the Company on 23 April 2010, the Company has formally completed the acquisition of the 27.5% stake in Delta Mining Consolidated Ltd ('DMC') previously held by Rannerdale Limited, a wholly owned subsidiary of London Mining plc, following receipt of all necessary approvals for completion of the transaction. The Sable Mining group now holds a 63.5% interest in DMC.

The information in this announcement that relates to Mineral Exploration results and Mineral Resources, together with any related assessments and interpretations, have been reviewed by Johan Erasmus, a qualified geologist and consultant to the Company. Johan Erasmus has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a qualified person as defined by the AIM Note for Mining and Oil & Gas Companies.

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For further information on the Company, visit: www.sablemining.com or contact: