08:24 AM EDT, 09/12/2025 (MT Newswires) -- Sable Resources ( SBLRF ) Friday said it has received an additional $5 million payment from OR Royalties ( OR ) related to a royalty on TDG Gold's ( TDGGF ) Greater Shasta-Newberry project in British Columbia.

Sable, which sold the royalty to OR in April, said the payment was made after drill results exceeded the milestone set in an investment agreement.

With the receipt of the additional $5 million, Sable has now received a total of $8.8 million from the royalty sale to OR.

Sable said it can receive an additional $2 million should OR exercise its option for another 1% royalty on Sable's Copper Queen, Copper Prince and Core Mountain properties in British Columbia.

"This additional cash further strengthens Sable's treasury and will be used to advance our exploration programs and to support our ongoing business development efforts," Sable's president and chief executive officer Ruben Padilla said.