Sable Mining currently has exposure to the iron ore market through its 100% ownership of Guinea Development Mineral Ressources SA, which owns a 1,107 sq km iron ore Prospecting Licence, covering three permits in the highly prospective Kissidougou area of south east Guinea; its 61% interest in two companies which together hold the Prospecting Rights for the Gulukwane iron ore project in the Limpopo Province of South Africa; and its 51% interest in Southern Cross Investments Limited, a company which holds the 477 sq km Bopolu and the 486 sq km Timbo iron ore reconnaissance licences in Liberia.

The Company remains active in identifying additional iron ore projects which fit its investment criteria for accruing assets.