Sabina Gold & Silver Corp is pleased to announce that the Company has started mobilizing its camps at Sabina's 100% owned Back River gold project, Nunavut. Also, the Company has made its first payment of C$1.4 million to the Kitikmeot Inuit Association pursuant to a Memorandum of Understanding between the parties announced last October.
Sabina is pleased to outline the objectives of its 2012 exploration program and budget for its Nunavut projects. Logistics planning is well underway with the Goose Camp anticipated to open in early February. Once opened, Goose camp will be provisioned with all supplies for drilling to commence in early March. By the end of March, it is anticipated [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/17/12 -- Sabina Gold & Silver Corp. (TSX: SBB) ('Sabina' or the 'Company') is pleased to announce that it has acquired Premier Gold Mines Ltd's ('Premier') 50% joint venture interest in the Newman-Madsen Project (the 'Property') in Red Lake, Ontario, Canada.
Sabina announced today the completion of the technical report for the previously announced Back River Gold Project resource update. The detailed 43-101 technical report was filed on SEDAR on January 9, 2012. A summary of the resources was announced in November of 2011. The resource update was the third update to be announced in 2011 and comprised [...]
Sabina Gold & Silver Corp. is pleased to announce new resource estimates at the Company's 100% owned Back River gold project in Nunavut, Canada. 'We are very excited to announce our third Back River resource update in 2011,' said Rob Pease, President & CEO. 'the Company has more than doubled the resource on the Back River property in essentially [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/14/11 -- Sabina Gold & Silver Corp. (the 'Company') (TSX: SBB) reported today the consolidated financial results for the quarter ended September 30, 2011.
Q3 Highlights
During the quarter:
-- Exploration continued on the Company's Back River and Wishbone properties; to the end of the
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/24/11 -- Sabina Gold & Silver Corp. (the 'Company') (TSX: SBB) is pleased to announce today that Mr. Rob Pease, P.Geo, has been appointed President & CEO of the Company effective November 14, 2011. Mr. Pease also joined as a director of Sabina's Board on October 24, 2011.
Sabina is pleased to announce additional assay results from holes drilled as part of the 2011 exploration program on its Umwelt deposit at the Goose claim block at its 100% owned Back River Project in Nunavut, Canada. The recently completed 2011 drilling campaign at Back Riverfocussed on expanding the existing deposits at Umwelt and Llama, and [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/04/11 -- Sabina Gold & Silver Corp. (TSX: SBB) ('Sabina' or the 'Company') is pleased to announce the closing of the sale of its Hackett River Project and certain Wishbone claims (together the 'Properties') in Nunavut, Canada to Xstrata Canada Corporation, Xstrata Zinc Canada Division ('Xstrata
Kitikmeot Inuit Association has agreed to negotiate long-term land use agreements for Back River and Wishbone properties
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/04/11 -- Sabina Gold & Silver Corp. (TSX: SBB) is pleased to announce it has entered into a Memorandum of Understanding ('MOU') with the Kitikmeot Inuit Association ('KIA') for the creation of a development trust (the 'Trust').
New High Grade Umwelt G2 Zone being DefinedHole 11GSE121 at Umwelt returns 14.24 g/t Au over 28.25 m including 29.96 g/t Au over 8.35 mHole 11GSE092 at Umwelt returns 6.18 g/t Au over 23.20 m
Reinterpretation of the Goose Deposit as an Open Pit Project Increases Contained Gold by 358,000 Ounces
Further Additions to Northern Management Team as Back River Project Pushes Forward
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/20/11 -- Sabina Gold & Silver Corp. (TSX: SBB) is pleased to announce a new resource estimate for the Goose deposit at its 100% owned Back River Project in Nunavut, Canada. These new resources consist of an Indicated Resource of 7.7 million tonnes grading 4.45 g/t Au for a total of 1.1 million ounces of gold and an Inferred Resource of 0.4 million tonnes grading 3.53 g/t Au for a total of 50,000 ounces of gold within an optimized pit at a cut-off grade of 1.50 g/t Au. In addition, there is also an Inferred Resource of 0.6 million tonnes grading 5.81 g/t Au for a total of 106,000 ounces of gold that is available to be mined by underground methods. This current interpretation has increased the amount of contained ounces of gold at Goose by 358,000 ounces Au in all categories.
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