Sabina Gold & Silver Corp. , has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets , under which the Underwriters have agreed to buy on a bought deal basis 71,000,000 common shares at a price of C$1.55 per Common Share for gross proceeds of approximately C$110 million . The Company has [...]
Sabina Gold & Silver Corp. , is pleased to announce that drilling has commenced at the Goose Property on its 100%-owned Back River Gold Project in Nunavut, Canada. A planned 3,500-meter spring surface exploration drill program has started, with a focus on targeting the interface between the planned open pit and the down plunge zone at Umwelt. This [...]
Sabina Gold & Silver Corp. or announces optimization to the plan for its Goose Mine at the Company's 100% owned Back River District in Nunavut, Canada. The Updated Feasibility Study announced in February 2021 contemplated a mill producing 3,000 tonnes per day for the first two years, increasing to 4,000 tpd in year two with a sustaining capital [...]
Sabina Gold & Silver Corp. or is pleased to announce that it has closed the second tranche of the equity private placement from Orion Mine Finance and Wheaton Precious Metals Corp. in connection with the previously announced Project Financing Package . The equity private placement with Zhaojin International Mining Co. Ltd has also closed. The [...]
Sabina Gold & Silver Corp. , has announced today that Zhaojin International Mining Co., Ltd. has elected to exercise its participation right under its Shareholder Agreement with the Company in connection with the Company's US$95 million private placement with Orion Mine Finance and Wheaton Precious Metals , To maintain its 9.9% ownership of the [...]
Sabina Gold & Silver Corp. or is pleased to announce that it has closed the first tranche of the US$95 million equity private placement to Orion Mine Finance and Wheaton Precious Metals Corp. in connection with the previously announced Project Financing Package to fund construction and development of the Goose Mine at Sabina's 100% owned Back River [...]
Sabina Gold & Silver Corp. or is pleased to announce that it has completed final documentation with Orion Mine Finance and Wheaton Precious Metals Corp. with respect to a construction financing package totaling approximately US$520 million in aggregate . The Financing will fund construction and development of the Goose Mine at Sabina's 100% owned [...]
Sabina Gold & Silver Corp. or regrets to report a fatal accident involving an employee of a contractor employed at the Back River Gold District, Nunavut, Canada. The accident was reported at approximately 3:00 p.m. local time on January 17, 2022. The individual's family has been notified. While clearing snow, a D6 dozer and its operator were lost [...]
Sabina Gold & Silver Corp. or is pleased to report that it is the recipient of the Prospectors & Developers Association of Canada's Sustainability Award for 2022 in relation to its 100% owned Goose Project on the Back River Gold District in Nunavut, Canada. The award will be presented during the PDAC Convention held March 7-10, 2022 in Toronto [...]
Sabina Gold & Silver Corp. or reports advancement on project financing for the Goose Mine, the first mine on the 100% owned Back River Gold District in Nunavut, Canada. Sabina has continued to advance project finance initiatives for the Goose Mine. An indicative project finance term sheet was signed earlier this year and commercial due diligence [...]
Sabina Gold & Silver Corp. or reports the interim financial results for the three and nine months ended September 30, 2021. "Sabina continues to progress pre-development activities at Back River during the quarter," said Bruce McLeod, President & CEO. "Work on the Umwelt underground exploration ramp continues as well as other civil works at site to [...]
Sabina Gold & Silver Corp. , is pleased to report progress on pre-construction activities for its proposed Goose Mine on the 100%-owned Back River Gold Project in Nunavut, Canada "Work continues at both of the Goose camp and the Port Facility. For the first time at Back River, site operations will continue year-round as we continue to drive the [...]