Current Holdings:
The Sable Mining Company currently holds majority interests in several coal and iron ore mines in Lubu, Springbok Flats, and other towns in sub-Saharan Africa.

The firm also is in the process of acquiring several mining permits in Bagla Hills, Mount Kakoulima and in Liberia.

Business Strategy:
The Sable Mining Company strives to locate and develop major sources of natural resources as soon as the source shows signs of profitability.

To achieve this goal, The Sable Mining Company looks for potentially profitable sources of natural resources in underdeveloped areas that have the potential to attract significant foreign capital investment or sustainable rapid growth.

Moreover, the firm also looks for opportunities to acquire permits that allow the firm to look for untapped deposits of coal or iron ore. The firm acquires these permits because they hope they can find important sources of coal or iron ore that could be developed into a sustainable asset over the long haul.

Other Important Details:
AIM Stock Symbol: SBLM.

Board of Directors:
Director: Phil Edmonds.
CEO: Andrew Groves.
Director of Finance: Andrew Burns.
Executive Director: Jeremy Sanford.

Financial Data for 2010:
Expenses: -£1,672,000.
Net Operations Income: -£2,426,000.
Total Income Loss: -£34,988,000.
Retained Earnings: -£43,198,000.
Total Equity: +£32,446,000.

Please note: All financial data have been rounded off to the nearest £1,000 for simplicity.

Contact Information:
Mailing address:
18 Park Street
London, W1K2HQ.

Phone Number: 020 7236 1177.
Fax Number: 020 7236 1188.
Email address: info@sbmf.co.uk.

www.sbmf.co.uk

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The company previously held acreage in Ireland and Australia but recently gave up on those areas to focus efforts on deposits in the United Kingdom North Sea and Colombia. Colombia currently shows the most potential for development. In Colombia, The Las Quinchas block contains an estimated 5-10 million barrels of recoverable oil. Testing in the Acacia Este exploration prospect has indicated that long-term production could potentially produce 40 barrels of heavy oil a day. In the UK North Sea, Woburn Energy holds a 15% stake in a hydrocarbon-rich gas field in Monterey. This field contains an estimated 165 billion cubic feet of recoverable natural gas and is undeveloped as of yet.

The board of directors is made up of 6 members. Kamran Ahmed, Rustom Bejon Kanga, Hasan Hashwani, Anthony Brian Baldry and Arif Kemal are non-executive directors. The executive managing director is Dr. John Malcolm Cubitt. Dr. Cubitt has over 27 years experience in the natural resources exploration industry and is a registered Chartered Geologist. He has both a BS and a PhD in geology.

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