Sabina Gold & Silver Announces Positive Preliminary Feasibility Study on Back River Gold Project, Nunavut
Published : October 09, 2013

Significant high-grade gold production, at good margins, in a safe Canadian mining jurisdiction

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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 9, 2013) - Sabina Gold & Silver Corp (News - Market indicators), (the "Company") is pleased to announce it has received the results of the Preliminary Feasibility Study ("PFS" or the "Study") for its 100%-owned Back River gold project ("Back River" or the "Project") in Nunavut, Canada. 

The Back River gold project is located in the West Kitikmeot Region of Nunavut, Canada and is situated approximately 75 km from tide water at Bathurst Inlet. The Project is made up of a series of seven claim blocks of which only two have been the primary focus of exploration and resource development to date: Goose and George.

The PFS was initiated in September of 2012 following the encouraging results of the Preliminary Economic Assessment ("PEA") on Back River announced in May of 2012.

Key deliverables achieved with the 2013 PFS are:

  • economic, achievable mine plan focused on mining lower cost, higher grade material as early as possible in the mine life;
  • logistics and transportation plan that provides a clear picture of how equipment, supplies and personnel will access the Project during construction and operations;
  • capital and operating costs reflective of the expected costs of operating in the Canadian Arctic;
  • infrastructure designed to a level that facilitates completion of the Draft Environmental Impact Statement ("DEIS"); and
  • an execution plan proposing potential gold production beginning in Q4 2017.

"Back River offers a rare opportunity for significant high grade gold production by both open pit and underground operations, in one of the world's safest mining jurisdictions," said Rob Pease, President & CEO. "We are very pleased with the results of the Study. We believe we have presented an economically positive and realistic project as our base case and are excited to be moving towards a final FS. We also believe that, through the work done in 2013, we have identified a number of opportunities that could improve the Project in the FS. In addition to the significant work completed in the PFS, this year has been focused on efforts to upgrade and extend mineral resources and reserves, identifying additional open pit opportunities, collecting environmental and baseline data for our permitting and laying the ground work to seek out possible future financing for the Project. The results of this year's drilling are currently being compiled with current data into a new mineral reserve and resource estimate expected during the first quarter of 2014 which will inform the future FS."

The Back River PFS is based on a conventional open pit ("OP") mine supplemented by underground ("UG") operations that feed a 5,000 tonne per day ("tpd") whole ore leach process plant. Operations are designed to produce an average of 287,000 ounces Au per year over the life of mine ("LOM"). The Project would be built over a 24-month period at an initial capital cost of $605 million with an estimated payback of 3.3 years from the start of operations. The PFS projects a post-tax internal rate of return (IRR) of 16.5% and a net present value (NPV at 5% discount rate) of $290 million, producing gold at approximately $685 per oz Au (cash costs including royalties). 

The PFS mine plan uses less than 50% of the Project's 2012 mineral resources and has not referenced any of the mineralization identified by drilling completed in 2013. Additionally, exploration drilling has indicated that all of the deposits, particularly Umwelt, continue at depth outside of the currently estimated mineral resource indicating the potential for considerable upside in the future Feasibility Study ("FS") and for the proposed Back River mine going forward.

The PFS presents a mine life of 8.4 years, with the first gold doré scheduled to be poured in Q4 2017. Mine construction and operations would be facilitated by sealift during the summer months, with supplies brought by sealift to Bathurst Inlet and hauled to the Goose mill by winter road. The Back River PFS has been prepared on a standalone basis without reliance on any infrastructure built for the Hackett River Project, although the proposed Hackett infrastructure remains an opportunity going forward.

The Company plans to immediately embark upon a FS. The Back River DEIS is well underway and is anticipated to be filed in early 2014. 

The Company expects to end 2013 with approximately $60 million in cash and equivalents. With the majority of the field work for the FS done in 2013, the Company can continue engineering and permitting efforts on Back River with a modest program for 2014 thereby continuing to de-risk the Back River Project while preserving the Company's treasury in these volatile markets. Plans and potential exploration targets for next year's work program and budget are being reviewed and finalized and will be reported in due course. 

BACK RIVER GOLD PROJECT - PRE-FEASIBILITY

Highlights

All dollar figures are in Canadian dollars and the Study assumes a US$1:C$.95 exchange rate for the economics and capital. 

  • The Project generates a post-tax IRR of 16.5% and NPV (at 5% discount rate) of $290 million
  • The Project generates LOM post-tax net cash flow of $582 million on gross revenues of $3.3 billion with a payback period of 3.3 years (from start of operations);
  • Processing rate of 5,000 tpd producing an average of ~287,000 oz Au per year from open pit and underground operations for a total of 2.4 million oz Au;
  • Initial capital of $605 million and sustaining capital of $226 million;
  • Total cash costs of $685/oz Au LOM including royalties, refining and transport; 
  • A total of 15.0 million tonnes of mineralized material to be milled over 8.4 years with a LOM average grade of 5.69 g/t Au and metallurgical recoveries of 88%;
  • Base case commodity assumptions of $1,350/oz gold and $1.25/litre diesel; and
  • OP strip ratio of 10:1 over LOM

Opportunities for the Feasibility Study

  • Mineral Reserves: In compliance with National Instrument 43-101, the PFS used only measured and indicated mineral resources whereas the PEA included inferred mineral resources, resulting in lower ounces of gold produced and a shorter mine life in the PFS compared to the PEA. Drilling done in 2013 is expected to increase both the open pit and underground mineral reserves. Remodelling of the deposits based on 2013 drilling is expected to enable optimization of mine sequencing.
  • Recoveries: The 2013 PFS identified additional work to be completed on metallurgical testing, primarily on the Llama and Umwelt deposits. Additional variability testing is currently being undertaken for the FS to facilitate a more uniform recovery curve across the deposits. 
  • Cost reductions: A number of opportunities to reduce both capital and operating costs have been identified as a result of the study and will be analysed further for the FS. Opportunities include alternative underground mining methods, potential to reduce pre-strip requirements, pre-engineered/modular structures for site buildings, alternative tailings disposal options, and/or improved tailings storage design and site earthworks design based on geotechnical data collected in 2013.

Economic Sensitivities

The key Project economic projections are shown in Table 1 at various gold prices:

Table 1: 2013 PFS Economics Gold Price Sensitivity

  Unit -$200/oz -100/oz Base Case +100/oz +200/oz
Gold US$/oz 1,150 1,250 1,350 1,450 1,550
Pre-Tax IRR % 10.8 16.6 21.8 26.5 30.9
Pre-Tax NPV 5% C$M 143 307 471 635 799
Pre-Tax Payback Years(1) 4.5 3.7 3.0 2.7 2.4
Post-Tax IRR % 7.9 12.5 16.5 20.4 23.9
Post-Tax NPV 5% C$M 67 179 290 401 511
Post-Tax Payback years 4.8 4.0 3.3 2.9 2.6
1. From the start of operations

2013 PFS Parameters

The PFS was led by Tetra Tech (processing, on-site infrastructure, off-site infrastructure, capital costs, operating costs, financial analysis and report preparation) and contributed to by AMC Mining Consultants (Canada) Ltd., ("AMC") (Geology and Mining), Knight Piesold Ltd. ("KP") (TSF Design, Geotechnical and Water Management) and Merit Consultants International Inc. ("Merit") (CAPEX Review and Execution Plan).

Table 2: PFS Parameters

Projected LOM Production                  
Run of Mine Mat. ("ROM") to Process - O/P     Kt       12,825       85 %
ROM to Process - U/G     Kt       2,165       15 %
ROM to Process - Total     Kt       14,990       100 %
                         
  ROM Grade to Process - O/P     g/t Au       5.3          
  ROM Grade to Process - U/G     g/t Au       8.11          
ROM Grade to Process - Average     g/t Au       5.69          
                         
Operating Metrics                        
  LOM Production - O/P     K oz Au       2,177       79 %
  LOM Production - U/G     K oz Au       564       21 %
LOM Production - Total     K oz Au       2,741       100 %
                         
Avg. Annual Production     K oz Au / year       287.2          
Mine Life     Years       8.4          
                         
O/P Strip Ratio             10:1          
                         
Mill Design Throughput     tpd       5,000          
Gold Recovery       %     88 %        
                         
Capital Costs ($M)                        
Direct Costs     Pre-Production       Sustaining       Total  
Overall Site     16       -       16  
Mining     98       154       252  
Ore Handling     24       -       24  
Processing     68       -       68  
Infrastructure     55       12       67  
Tailings     30       60       90  
Port Facility     21       -       21  
Air Strip     3       -       3  
External Access Roads     24       -       24  
Subtotal Direct Costs     339       226       565  
Indirect Costs                        
Owner's Costs     28       -       28  
Project Indirects     156       -       156  
Contingency     82       -       82  
Total     605       226       831  
Closure Costs             83          
                         
Operating Costs   $ 000/a     $ /t milled     $ /Oz/ Au  
Mining     77,325       43.33     $ 269.26  
Process     42,958       24.08       149.59  
Surface Services     12,014       6.73       41.83  
G&A     25,970       14.55       90.43  
Tailings Management     1,844       1.03       6.42  
Freight Costs (Ocean/Port/Ice Roads)     15,253       8.55       53.12  
Ore Hauling (George to Goose)     5,387       3.02       18.76  
Total     180,751       101.29       629.41  
Total Cash costs (including royalties, refining and transport)                     685.00  
All in costs including cost of capital                     1,064.00  
Financial Metrics                        
Based Case Gold Price   $ /oz Au     $ 1,350          
Pit Design Gold Price   $ /oz Au     $ 1,250          
Exchange Rate     C$:US$     $ 0.95          
Average NSR Royalty       %     3.4 %        

Infrastructure

The evaluation of infrastructure needs at Back River assumes a standalone project and makes no allowances for benefits from any future infrastructure being proposed by Glencore Xstrata for the Hackett River Project.

It is assumed that port facilities and laydown areas at Bathurst Inlet will be established to allow for resupply via annual sealift. Buildings and a small camp will be established at Bathurst Inlet to provide for the storage of and other items. An annual winter road will be constructed to transport staged supplies to the mine site. All roads at the Goose and George facilities, including roads to the waste rock dumps and tailings facility (in the case of Goose), will be permanent all-season roads. George material will be stockpiled and trucked to the mill by winter road. An all-weather airstrip and control tower capable of servicing Hercules C-130 freight aircraft, as well as Code C Turboprop Aircraft will be constructed about 5km southeast of the main facilities at Goose.

Power

The PFS assumes 100% on-site diesel generated power at Goose, George and Bathurst Inlet. A bulk diesel price of $1.25/litre was projected using rack pricing from the Canadian east coast and estimated transportation costs to the Project. The estimated power unit cost averages $0.304/kWh. The average annual process related power consumption was estimated to be approximately 57 GWh.

Mining

The mineralized zones will be mined with conventional open-pit and underground mining methods. Deposits mined: Umwelt (OP and UG), Llama (OP), Goose (OP) and the satellite George deposits (OP).

Table 3: Mining Schedule

Deposit   Unit   Pre-production   Years 1 to 4   Years 5 to 9   Total
Umwelt Pit   kt   1,228   3,035   0   4,263
Llama Pit   kt   0   2,565   0   2,565
Goose Main Pit   kt   0   2,412   2,310   4,722
George Pits   kt   0   0   1,274   1,274
Umwelt Underground   kt   0   342   1,822   2,164
Total Ore Mined   kt   1,228   8,354   5,406   14,989
Plant Feed   kt   0   7,026   7,963   14,989
Head Grade   g/t Au   0   6.67   4.82   5.69
Recovery   %   0   87.0   89.3   88.0
Average Annual Recovered Metal   koz   0   327.8   250.3   287.2

The mine plan in the PFS has been developed with a focus on higher grade, near-surface OP material to the process plant early in the mine life while deferring UG activities. 

In the PFS OP mining operations will be carried out with an initial equipment fleet comprising two 76 mm ore drills, two 152 mm waste drills, one 11m3 front end loader, one 13m3 front end loader, one 96t haul truck, and six 136t haul trucks. This fleet will be supplemented with back up graders, and track and rubber tired dozers. A 5 m bench height has been selected for mining in ore and a 10 m bench height has been selected for mining in waste.

UG mining operations will be carried out using post pillar cut-and-fill mining techniques. UG mining will be completed with a combination of two-boom jumbos, 14 t load haul dump vehicles and 40t trucks.

Processing & Recovery

Gold will be recovered by techniques that include conventional crushing and grinding, gravity concentration cyanidation by carbon-in-leach ("CIL") and gold recovery from loaded carbon to produce gold doré. LOM average gold recoveries in the PFS are estimated to average 88%. 

Tailings

Tailings from the mill will be stored sub-aqueously in a single tailings storage facility located adjacent to the proposed process plant and Umwelt and Llama open pits.

Royalties and Income Taxes

Royalties and income taxes have been calculated based on estimated deductions related to expenditures contemplated in the Study and including utilization of existing tax assets of the Company. Over the LOM, taxes average 16% of pre-tax operating cash flow and include both federal and territorial income tax and territorial royalties. Third party net smelter royalties average 3.4% of net revenue over the LOM.

All Federal and territorial taxes and royalties were calculated by PricewaterhouseCoopers LLP based on the economic evaluation in the Study prepared by Tetra Tech.

Mineral Resources and Reserves

Table 4: Back River Mineral Resource Estimate - March 31, 2013

Classification Tonnes (kt) Au (g/t) Metal (koz Au)
Measured 2,168 4.4 304
Indicated 21,481 6.2 4,258
Total Measured and Indicated 23,649 6.0 4,562
Inferred 7,288 8.0 1,879
Notes: CIM definitions were used for the mineral resources.  
   
  Open pit mineral resources are constrained by an optimized pit shell at a gold price of US$1,500 oz.  
   
  The cut-off grade applied to the open pit mineral resources is 1.0 g/t gold. The underground mineral resource cut-off grade is 4.0 g/t Au for all deposits except Umwelt, which is at 5.0 g/t. 
   
  The George mineral resources (LCP-North, LCP-South, Locale 1, Locale 2, GH, and Slave) were estimated within mineralized domains expanded to a minimum width of 2 m for the underground mineral resources.  
   
  The mineral resource estimates for the Goose Main, Umwelt, and Llama deposits have been estimated by Ms. D. Nussipakynova, P.Geo., of AMC. The mineral resource estimates for the LCP-North, LCP-South, Locale 1, Locale 2, GH, and Slave deposits have been estimated by Dr. A. Fowler MAusIMM CP(Geo) of AMC both Qualified persons under National Instrument 43-101.("NI 43-101")
   
  Includes drilling results up to December 31, 2012.  
   
  The numbers may not add due to rounding.  

Mineral resources that are not mineral reserves do not have demonstrated economic viability. Mineral resource estimates do not account for mineability, selectivity, mining loss and dilution. These mineral resource estimates include inferred mineral resources that are normally considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. There is also no certainty that these inferred mineral resources will be converted to measured and indicated categories through further drilling, or into mineral reserves, once economic considerations are applied.

Table 5: Back River Mineral Reserve Estimate - May 1, 2013

Area Classification   Tonnes (kt)   Au (g/t)   Contained Au (koz)
Total Open Pit Proven   1,890   4.56   277
Probable   10,935   5.40   1,900
Total Underground Proven   -   -   -
Probable   2,165   8.11   564
Total Back River Property Proven   1,890   4.56   277
Probable   13,100   5.85   2,464
Notes: For the open pit mineral reserve estimate, a 1.52 g/t COG was used for the Goose deposits and a 2.00 g/t COG was used for the George deposits.
   
  A COG of 6.00 g/t was used for the underground mineral reserve estimate, based on an operating cost estimate of $231.30/t.
   
  A gold price of US$1,250/troy ounce is assumed.
   
  Mineral reserves are based on measured and indicated mineral resources only.
   
  An exchange rate of Cdn$1.00 to US$1.00 was assumed.
   
  Mineral reserve numbers have been adjusted for dilution and mining recovery
   
  The mineral reserve estimate for the Back River deposits was estimated by Herbert Smith, P. Eng of AMC, a Qualified Person under NI 43-101.

The mineral reserve estimations take into consideration on-site operating costs (mining, processing, site services, general and administration), geotechnical analysis for both open pit wall angles and underground stope size, metallurgical recoveries, and selling costs in determining cut-off grades. In addition, the mineral reserves incorporate allowances for mining recovery and dilution, and overall economic viability.

Permitting

In June 2012, the Company submitted a preliminary project description on Back River to the Nunavut Water Board ("NWB") and the Nunavut Impact Review Board ("NIRB"). In December, 2012, the Minister of Aboriginal and Indian Affairs and Northern Development decided that the project would undergo a Part 5 review, as the Company had expected. Guidelines were issued by NIRB and a DEIS is currently being prepared for submission to NIRB the first quarter of 2014. The Final EIS will be informed by the FS and is expected to be completed by the end of 2014 or early 2015.

A Technical Report for the Back River PFS, compliant with NI 43-101, will be filed on SEDAR (www.sedar.com) within 45 days.

Authors and Qualified Persons Statement

The PFS was prepared under the direction of Tetra Tech by leading independent industry consultants, all Qualified Persons (QP) under National Instrument 43-101. The QPs have reviewed and approved the content of this news release. The following consultants and QPs participated in the PFS:

John Huang, Ph.D., P. Eng
Hassan Gharffari, P. Eng
Sabry Abdel Hafez, Ph.D.,P. Eng
Harvey Wayne Stoyko, P.Eng
Graham Wilkins, P. Eng
  Tetra Tech   Processing, on-site infrastructure, off-site infrastructure,capital costs, operating costs, financial analysis and report preparation
 
 
 
 
John Morton Shannon, P. Geo
Andrew Fowler, Ph.D.MAusIMM, CP (Geo)
Dinara Nussipakynova, P. Geo
Herbert Smith, P.Eng
  AMC   Mining & Geology
 
 
 
Les Galbraith, P. Eng   KP   TSF design, geotechnical and water management
Alistair Kent, P. Eng   Merit   Execution Plan

The Qualified Person under NI 43-101 for Sabina Gold & Silver Corp. is Wes Carson, P.Eng Vice-President, Project Development, who has reviewed the content of this news release and approved its dissemination.

Exercise Of Special Warrants

As previously disclosed, pursuant to an asset purchase agreement dated March 27, 2009 between the Company and Dundee Precious Metals ("DPM"), on June 9, 2009 the Company acquired the Back River Project from DPM for the following consideration: (i) $7 million in cash, (ii) 17 million common shares, (iii) Series A special warrants ("Series A Special Warrants") exercisable upon the occurrence of certain events of the Company to acquire, for no additional consideration, 5,000,000 class A units ("Class A Units"), and (iv) Series B special warrants ("Series B Special Warrants") exercisable upon the occurrence of certain events of the Company to acquire, for no additional consideration, 5,000,000 class B units ("Class B Units").

Each Class A Unit and Class B Unit consists of one Common Share and one half of one share purchase warrant ("Warrants"). Each whole Warrant if issued, will be exercisable until June 9, 2014 to purchase one Common Share at a price of $1.07 (the "Exercise Price"). For additional information regarding the Series A Special Warrants and the Series B Special Warrants, please see the Company's news releases dated March 30, 2009 and June 10, 2009.

The terms of the Series A Special Warrants provide that they are deemed to be exercised as a result of a decision made by the Board of Directors of Sabina, to proceed with the preparation of a FS on all or part of the Back River Project. As such decision has been made, the Series A Special Warrants have been automatically exercised and the Class A Units, consisting of 5,000,000 common shares and warrants exercisable to acquire 2,500,000 common shares have been issued to DPM.

SABINA GOLD & SILVER CORP.

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

Sabina's Nunavut properties consist of the Back River Gold Project, the Wishbone Claims, a vastly prospective grass roots project and the Hackett River silver royalty all located in Nunavut. The silver royalty on Xstrata's Hackett River silver production is comprised of 22.5% of the first 190 million ounces produced and 12.5% of all silver produced thereafter.
The Company expects to end the year with $60 million in cash and equivalents.

Forward-Looking Statements

This news release contains "forward-looking information" within the meaning of applicable securities laws (the "forward-looking statements"), including our belief as to the extent, results and timing of exploration programs and various studies including the FS and the EIS, and exploration results, the results of the PFS, the potential tonnage, grades and content of deposits, timing, establishment and extent of resources and reserves estimates, potential production from and viability of the Company's properties, production and operating costs and permitting submission, timing and receipt of necessary permits and project approvals for future operations and access to project funding. These forward-looking statements are made as of the date of this news release. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the future circumstances, outcomes or results anticipated in or implied by such forward-looking statements will occur or that plans, intentions or expectations upon which the forward-looking statements are based will occur. While we have based these forward-looking statements on our expectations about future events as at the date that such statements were prepared, the statements are not a guarantee that such future events will occur and are subject to risks, uncertainties, assumptions and other factors which could cause events or outcomes to differ materially from those expressed or implied by such forward-looking statements. Such factors and assumptions include, among others, the effects of general economic conditions, commodity prices, changing foreign exchange rates and actions by government and regulatory authorities and misjudgments in the course of preparing forward-looking statements. 
In addition, there are known and unknown risk factors which could cause our actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Known risk factors include risks associated with exploration and project development; the need for additional financing; the calculation of mineral resources and reserves; operational risks associated with mining and mineral processing; fluctuations in metal prices; title matters; government regulation; obtaining and renewing necessary licences and permits; environmental liability and insurance; reliance on key personnel; the potential for conflicts of interest among certain of our officers or directors; the absence of dividends; currency fluctuations; labour disputes; competition; dilution; the volatility of the our common share price and volume; future sales of shares by existing shareholders; and other risks and uncertainties, including those relating to the Back River Project and general risks associated with the mineral exploration and development industry described in our Annual Information Form, financial statements and MD&A for the fiscal period ended December 31, 2012 filed with the Canadian Securities Administrators and available at www.sedar.com. Although we have attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. We are under no obligation to update or alter any forward-looking statements except as required under applicable securities laws. 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
http://www.sabinagoldsilver.com 


Sabina Gold & Silver Corp.
Nicole Hoeller
Vice-President, Communications
1 888 648-4218
nhoeller@sabinagoldsilver.com
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Sabina Gold & Silver Corp

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CODE : SBB.TO
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$ 337.6 millions as of today (US$ 264.0 millions, € 233.0 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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9/13/2011(Back River)Reports Continued Expansion at Umwelt & Llama Deposits, Back...
8/31/2011(Back River)Reports More Positive Results at Umwelt on the Back River Go...
8/25/2011(Back River)Reports Continued Positive Results at Back River and Wishbon...
7/22/2011(Back River)Reports Continued Positive Results at Back River Gold Projec...
6/28/2011(Back River - Goose Lake)Reports Umwelt Mineralization Now Extended Over a Strike Len...
5/31/2011(Back River)Announces Buy Back of the R.A. Olson Consulting Ltd. Royalti...
5/22/2011(Hackett River)Reports Positive Results from Early 2011 Drilling at the Hac...
4/27/2011(Back River)Reports Positive Results From Early 2011 Drilling at the Bac...
3/13/2011(Back River)Announces Updated Resource Estimate for Back River Gold Proj...
2/15/2011(Back River)Sabina Gold & Silver Files Updated Technical Report on Back ...
2/3/2011(Back River - Goose Lake)amp; Silver Opens Nunavut Camp for Aggressive 2011 Explorati...
9/15/2008(Hackett River)Hackett River Permitting Process Moves Forward
7/14/2008(Hackett River)Announces Interim Update on Corporate Initiatives on Hackett...
1/8/2008(Hackett River)Sabina drills 3.7 m of 40.28% Zn at Hacket River
Corporate news of Sabina Gold & Silver Corp
6/16/2016Sabina Gold & Silver Statement On The Nunavut Impact Review ...
6/10/2016Sabina Gold & Silver Announces AGM Voting Results
6/9/2016Sabina Gold & Silver Discovers New Gold Zone and Advanced Hi...
5/25/2016Sabina Gold & Silver Reports Encouraging Metallurgical Optim...
5/20/2016Sabina Closes $32 Million Bought Deal Financing: Enables Con...
5/2/2016Sabina Gold & Silver Corp. Announces C$30 Million Bought Dea...
3/31/2016Sabina Gold & Silver Announces Anna Stylianides Appointed To...
3/24/2016Sabina Gold & Silver Announces Financial Results for the Yea...
1/20/2016Sabina Gold & Silver announces 2016 Budget and Work Plans
11/25/2015Sabina Gold & Silver Corp Completes $2.2 Million Financing
10/13/2015Sabina Gold & Silver Announces Assays from Back River Confir...
9/14/2015Sabina Gold & Silver Announces Positive Initial Project Feas...
8/13/2015Sabina Gold & Silver Announces Q2 Financial Results
7/29/2015Sabina Gold & Silver Commences Feasibility Study Assessing L...
7/14/2015Sabina Completes $1.3 Million Financing
6/23/2015Sabina Gold & Silver Files NI 43-101 Technical Report for Fe...
6/18/2015Sabina Gold & Silver Announces John Wakeford Joins As Adviso...
2/4/2015Sabina Gold & Silver Reports Change in Management
1/12/2015Sabina Gold & Silver Reports On Important Back River Permitt...
1/12/2015Sabina Gold & Silver Reports on Important Back River Permitt...
11/14/2014SABINA GOLD & SILVER ANNOUNCES Q3 2014 FINANCIAL RESULTS $38...
11/14/2014Sabina Gold & Silver Announces Q3 2014 Financial Results
10/7/2014Sabina Gold & Silver Reports on Back River Feasibility Study...
8/7/2014Sabina Gold & Silver Announces Q2 2014 Financial Results
7/31/2014Sabina Gold & Silver Reports Completion of Drilling at Echo ...
6/25/2014Sabina Gold & Silver Completes Sale of Newman-Madsen, Ontari...
5/14/2014Sabina Gold & Silver Announces Q1 2014 Financial Results
5/13/2014Sabina Gold & Silver Announces Sale of Newman-Madsen, Ontari...
4/28/2014Sabina Gold & Silver & Kitikmeot Inuit Association Announce ...
4/22/2014Sabina Gold & Silver Reports Significant Estimated Improveme...
4/7/2014Sabina Gold & Silver Announces 2014 Back River Work Program ...
3/27/2014Sabina Gold & Silver Announces 2013 Year End Financial Resul...
3/13/2014Sabina Gold & Silver Reports Completion Of Hackett River 201...
3/12/2014Sabina Gold & Silver Reports Completion of Hackett River 201...
6/11/2013Completes $20.6 Million Financing
10/2/2012(Back River)Reports Drilling Confirms Thickness and Grade at Back River ...
9/17/2012(Back River)Announces New Shallow High Grade Discovery at Back River Pro...
8/9/2012(Back River)Announces High Grade Drill Results from Umwelt Deposit at th...
7/19/2012(Back River)Announces Continued Positive Drill Results From 2012 Drillin...
7/9/2012(Back River)Initiates Permitting Process at Back River Project, Nunavut;...
6/26/2012Completes $34.5 Million Financing
6/4/2012(Back River)Announces More Positive Drill Results from 2012 Drilling at ...
5/29/2012(Back River)Announces Positive Preliminary Economic Assessment at Back R...
4/26/2012(Back River)Announces High Grade Drill Results from 2012 Drilling at Lla...
1/23/2012Announces Aggressive 2012 Nunavut Work Program
10/4/2011to Set Up Development Trust for the Kitikmeot Region of Nuna...
9/20/2011(Back River)Reports Updated Resource Estimate for the Goose Deposit, Bac...
3/24/2011Announces Memorandum of Understanding With the Nunavut Resou...
11/3/2008New Address
8/26/200825 August 2008
8/21/2008ADDS TO ?NORTHERN? MANAGEMENT TEAM
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TORONTO (SBB.TO)Other OTC (SBBFF)
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