Sable Mining owns a 1,107 sq km iron ore Prospecting Licence, covering three permits in the highly prospective Kissidougou area of south east Guinea through its acquisition of Guinea Development Mineral Ressources SA.

The Guinean permits are positioned in what is widely recognised as one of the world's largest underdeveloped iron ore and bauxite provinces.  They are located between Bellzone Mining plc's multi billion tonne Kalia Project and Rio Tinto's world class Simandou Iron Ore Project, which is expected to commence production in 2013. 

Preliminary work conducted by Sable Mining on the permits has focussed on high level aeromagnetic surveys and spectrometry, targeting Banded Iron Formation ('BIF') deposits located within a Lower Proterozoic greenstone belt.  Results have already identified significant anomalies.  Extensive trenching has also been conducted with samples ranging from 30.86% Fe up to 57.78% Fe.

The next objective for Sable Mining is to initiate a comprehensive exploration programme and development strategy aimed at developing a JORC compliant resource and providing an initial economic assessment of the licence area.