Sabina Announces Continued Positive Results from the Umwelt Deposit at Back River
Published : October 22, 2013

Umwelt Hole 13GSE377 returns 21.96 g/t Au over 19.72 m and hole 13GSE386 returns 17.30 g/t Au over 25.60 m

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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 22, 2013) - Sabina Gold & Silver Corp. (News - Market indicators) ("Sabina" or the "Company") is pleased to announce more positive drilling results at the Umwelt deposit on the Goose property at its 100% owned Back River project in Nunavut, Canada. 

"We are consistently pleased with the drill results we've received from our infill drilling at Umwelt." said Rob Pease President & CEO "Results continue to demonstrate the high-grade nature of the deposit as well as improve overall confidence as we work to upgrade resources to the measured category. This year's drilling will be included in updated remodelling and resource estimates of the deposits expected to be completed early in 2014. Although our 2013 field program is completed and our camps in Nunavut are now closed, we expect results and news from our 2013 drilling to continue until the end of the year."

Umwelt Conversion Drilling Program

The Umwelt deposit is currently the largest of the Back River mineral resources and is believed to have significant potential for additional resources to depth. As described in the Back River Pre-feasibility study announced on October 9, 2013, Umwelt is sequenced to be the first open pit and the first underground deposit mined. Existing indicated mineral resources at Umwelt continue down plunge 1350 m to a depth greater than 600 m below surface.

In addition, inferred resources continue a further 250 m down plunge. There are also indications that the high grades typical of the G2 Zone mineralization at Umwelt (Hole 12GSE234 returning 10.31 g/t Au over 39.85 m reported on October 2, 2012) continue into the inferred block at depth.

Drilling on Umwelt in 2013 was focused on converting and upgrading resources in the proposed open pit over a strike of 300 m and to a depth of 305 m. Results from this drilling will be incorporated into the upcoming Feasibility Study ("FS").

Results have now been received for all 52 holes completed in the Umwelt infill drilling program. 

The table below highlights some of the results received in 2013.

Section   Hole#   Length (m)   Au (g/t)
4825N   13GSE372   16.16   20.02
    13GSE374   33.55   12.69
    13GSE377   19.72   21.96
4875N   13GSE363   17.90   11.87
    13GSE366   49.40   4.29
4925N   13GSE367
4950N   13GSE376   28.05   11.30
4975N   13GSE386   25.60   17.30
    13GSE389   22.55   8.94
5000N   13GSE393   24.25   8.93

True widths for the intercepts reported in this news release have not yet been determined.

Further Umwelt infill drilling assay results are attached to this news release.

Qualified Persons

The Qualified Person as defined by NI 43-101 as pertains to the Back River Project, is Angus Campbell, P.Geo, Vice-President, Exploration, for the Company.

Diamond drill core was sent to TSL Laboratories in Saskatoon, Sask. Quality control is monitored on a continual basis and utilizes a system of standards, blanks and duplicates to ensure analytical accuracy. The protocols and procedures used in 2013 are the same as those used in earlier campaigns by Sabina Gold & Silver Corp. and have been deemed appropriate in the Company's 43-101 compliant resource reports.


Sabina Gold & Silver Corp. is an emerging gold developer with district scale, world class assets in one of the world's newest, most politically stable mining jurisdictions: Nunavut, Canada.

Sabina's primary assets, all located in Nunavut, consist of: the Back River Gold Project, currently in the pre-feasibility and permitting phase; the Wishbone Claims, a vastly prospective grass roots project; and the Hackett River Silver Royalty, a silver production royalty on Xstrata Zinc's Hackett River project comprising 22.5% of the first 190 million ounces produced and 12.5% of all the silver produced thereafter. The Company is well funded and expects to end the year with approximately $60 million in cash.

All news releases and further information can be found on the Company's website at or on SEDAR at

Forward Looking Statements

Statements relating to future operations at the Back River Project and the expected results of this work are forward-looking statements within the meaning of securities legislation of certain Provinces in Canada. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," 'projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Information inferred from the interpretation of drilling results may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a project is actually developed. These forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation: risks related to fluctuations in metal prices; uncertainties related to raising sufficient financing to fund the planned work in a timely manner and on acceptable terms; changes in planned work resulting from weather, logistical, technical or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the Company's properties; risk of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in the work program; the risk of environmental contamination or damage resulting from Sabina's operations and other risks and uncertainties, including those described in Sabina's Annual Report for the year ended December 31, 2012.

Forward-looking statements are based on the beliefs, estimates and opinions of Sabina's management on the date the statements are made. Sabina undertakes no obligation to update these forward-looking statements should management's beliefs, estimates or opinions, or other factors, change.

This news release has been authorized by the undersigned on behalf of Sabina Gold & Silver Corp

Rob Pease, President & CEO  
930 West 1st Street, Suite 202  
North Vancouver, BC V7P 3N4  
Tel 604 998-4175   Fax 604 998-1051 

To view the maps associated with this press release, please visit the following link:

Umwelt infill results          
Hole Id   Area   Section   Length (m)   Au (g/t)   Zone Name
13GSE358   UM   4925U   0.80   3.72   Upper IF
            4.85   3.17   Upper IF
including           0.65   18.09   Upper IF
            23.20   1.67   Main Zone East
including           0.75   5.49   Main Zone East
and           0.50   11.16   Main Zone East
            0.90   1.05   Main Zone East
            0.60   6.60   Undefined
            20.15   4.60   Main Zone West
including           0.80   70.30   Main Zone West
13GSE359   UM   5125U   1.00   2.59   Main Zone Centre
            4.25   19.60   Main Zone Centre
including           1.40   53.71   Main Zone Centre
13GSE361   UM   5125U   2.90   9.81   Main Zone Centre
            1.00   4.20   Undefined
            1.00   1.06   Undefined
13GSE362   UM   4925U   0.85   3.12   Upper IF
            7.55   5.43   Main Zone East
including           2.65   13.83   Main Zone East
13GSE363   UM   4875U   1.05   4.73   Upper IF
            0.55   1.85   Upper IF
            1.00   1.34   Main Zone Centre
            0.80   3.77   Main Zone Centre
            1.05   7.00   Main Zone Centre
            1.90   1.95   Main Zone Centre
            17.90   11.87   Main Zone Centre
including           0.50   88.17   Main Zone Centre
and           0.95   68.43   Main Zone Centre
13GSE365   UM   4925U   0.60   3.07   Undefined
            2.10   5.39   Upper IF
            45.20   4.99   Main Zone Centre
including           1.75   12.79   Main Zone Centre
and           0.70   17.61   Main Zone Centre
and           0.90   44.36   Main Zone Centre
            1.00   1.23   Main Zone Centre
            6.30   5.07   Main Zone West
including           0.90   17.61   Main Zone West
13GSE366   UM   4875U   0.60   2.35   Undefined
            49.40   4.29   Main Zone Centre
including           0.65   25.72   Main Zone Centre
and           1.50   34.07   Main Zone Centre
and           1.00   12.90   Main Zone Centre
and           5.80   8.14   Main Zone Centre
and           0.95   18.06   Main Zone Centre
and           0.80   13.01   Main Zone West
            2.00   1.94   Main Zone West
            4.00   3.01   Main Zone West
13GSE367   UM   4925U   4.40   3.22   Upper IF
including           1.10   7.80   Upper IF
            1.20   1.53   Main Zone Centre
            2.15   6.25   Main Zone Centre
            0.50   4.46   Main Zone Centre
            30.25   5.69   Main Zone Centre
including           3.05   24.63   Main Zone Centre
and           1.10   25.43   Main Zone Centre
13GSE369   UM   4825U   9.10   1.27   Main Zone East
            3.90   3.20   Main Zone East
            1.50   1.59   Main Zone East
            1.25   14.71   West Limb
            1.05   1.49   West Limb
            1.50   1.06   Camp
            1.50   12.96   Camp
13GSE371   UM   4950U   5.65   2.31   Main Zone East
including           0.90   6.72   Main Zone East
            2.05   1.99   West Limb
13GSE372   UM   4825U   0.70   2.79   Upper IF
            1.00   1.95   Upper IF
            5.00   2.29   Main Zone East
            16.15   20.02   Main Zone East
including           1.10   52.16   Main Zone East
and           0.65   99.37   Main Zone East
            2.35   4.36   Central GW
            0.75   1.73   Central GW
            1.00   1.58   West Limb
13GSE374   UM   4825U   1.50   1.65   Upper IF
            1.00   5.35   Main Zone Centre
            0.90   2.13   Main Zone Centre
            2.75   2.66   Main Zone Centre
            33.55   12.69   Main Zone Centre
including           1.90   23.73   Main Zone Centre
and           1.85   30.53   Main Zone Centre
and           1.35   65.17   Main Zone Centre
and           1.05   26.20   Main Zone Centre
and           3.60   33.52   Main Zone Centre
            1.00   1.49   Central GW
            1.00   1.34   Central GW
            10.00   8.35   Main Zone West
including           1.00   36.52   Main Zone West
13GSE376   UM   4950U   1.35   4.36   Upper IF
            1.00   1.58   Upper IF
            2.80   4.52   Upper IF
            1.00   1.05   Main Zone Centre
            28.05   11.30   Main Zone Centre
including           1.10   25.72   Main Zone Centre
and           5.30   27.36   Main Zone Centre
and           2.70   30.67   Main Zone Centre
            0.95   9.65   West Limb
            0.90   1.70   West Limb
            8.70   4.01   West Limb
13GSE377   UM   4825U   1.30   17.49   Upper IF
            1.00   1.39   Upper IF
            0.78   2.06   Main Zone Centre
            0.83   3.38   Main Zone Centre
            2.25   2.08   Main Zone Centre
            19.72   21.96   Main Zone Centre
including           1.25   73.94   Main Zone Centre
and           1.00   36.87   Main Zone Centre
and           4.25   39.16   Main Zone Centre
            1.20   1.32   Central GW
13GSE379   UM   4950U   9.90   4.89   Upper IF
including           0.75   10.44   Upper IF
and           1.15   10.75   Upper IF
and           2.20   11.35   Upper IF
            0.70   3.28   Main Zone Centre
            1.20   1.47   Upper IF
            2.40   4.92   Upper IF
            0.50   1.54   Upper IF
            2.45   8.80   Upper IF
including           0.65   25.00   Upper IF
13GSE380   UM   4925U   15.00   20.59   Main Zone Centre
including           4.40   37.72   Main Zone Centre
and           2.00   49.36   Main Zone Centre
13GSE381   UM   4975U   1.00   1.01   Main Zone East
            1.90   1.27   Main Zone East
            0.80   1.39   Main Zone East
            0.55   1.54   Main Zone East
            0.55   3.16   Central GW
13GSE383   UM   4975U   10.64   3.20   Main Zone Centre
13GSE384   UM   4975U   0.95   4.85   Upper IF
            0.80   2.81   Upper IF
            3.65   5.29   Main Zone East
including           0.65   26.87   Main Zone East
            0.70   1.18   Main Zone East
            0.55   1.13   Main Zone East
            1.40   1.08   Main Zone East
13GSE386   UM   4975U   25.60   17.30   Main Zone East
including           7.30   34.25   Main Zone East
and           0.90   69.02   Main Zone East
            1.50   19.62   Main Zone East
            11.10   4.29   Main Zone West
including           1.35   23.34   Main Zone West
13GSE389   UM   4975U   6.10   9.98   Upper IF
including           2.85   19.94   Upper IF
            5.95   7.17   Upper IF
including           1.90   14.40   Upper IF
            22.55   8.94   Main Zone
including           7.10   18.45   Main Zone
            1.00   2.54   Main Zone West
            1.00   6.17   Main Zone West
13GSE391   UM   4975U   1.40   2.09   Upper IF
            6.60   32.49   Main Zone Centre
including           0.85   142.60   Main Zone Centre
and           1.00   43.90   Main Zone Centre
and           0.75   24.25   Main Zone Centre
            3.95   2.54   Main Zone Centre
            2.55   5.93   Main Zone Centre
including           0.85   11.97   Main Zone Centre
            24.40   3.40   Main Zone Centre
including           4.50   7.31   Main Zone Centre
13GSE393   UM   5000U   24.25   8.93   Main Zone Centre
including           4.75   23.12   Main Zone Centre
            3.10   2.15   Main Zone West
            0.95   1.49   Main Zone West
            1.00   3.12   Undefined

True widths for the intercepts reported in this news release have not yet been determined.

Sabina Gold & Silver Corp.
Nicole Hoeller
Vice-President, Communications
1 888 648-4218
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Sabina Gold & Silver Corp

ISIN : CA7852461093
CUSIP : 785271 10 7
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Sabina is a gold and silver development stage company based in Canada.

Sabina develops gold, silver, copper, lead and zinc in Canada, and holds various exploration projects in Canada.

Its main asset in development is HACKETT RIVER in Canada and its main exploration properties are DEL NORTE, ROCKSTONE, GOLDEN SIDEWALK, SKINNER, BACK RIVER - GOOSE LAKE, BACK RIVER, BACK RIVER - GEORGE LAKE, NEWMAN-MADSEN and WISHBONE in Canada.

Sabina is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 482.9 millions as of today (US$ 386.1 millions, € 338.2 millions).

Its stock quote reached its lowest recent point on July 12, 2002 at CA$ 0.05, and its highest recent level on April 21, 2011 at CA$ 7.63.

Sabina has 223 580 000 shares outstanding.

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CA$ 0.22+0.00%Trend Power :
Q A April 2017 Quarterly Report
AU$ 0.24-2.04%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.44-4.64%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 46.69-0.13%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
2nd Quarter Report
AU$ 0.02+0.00%Trend Power :