Sabina Gold & Silver announces commencement of the review of its water license applications for Back River Project

11 December 2017

Sabina Gold & Silver Corp is pleased to announce that the Nunavut Water Board has commenced public review of the Type A and Type B water license applications related to initial development, mine construction and operation of the Back River Project. As announced on December 6, 2017, the Minister of Indigenous and Northern Affairs Canada, on behalf of the five responsible federal Ministers, accepted Nunavut Impact Review Board’s recommendation for the Project to proceed to the regulatory and licensing phase. The NIRB has advised that the final Project Certificate will be issued on or before January 4, 2018. The Type B water license would enable Sabina to commence certain initial pre-development activities in 2018 including onsite construction of service roads and laydown pads, and the mobilization of fuel, supplies and equipment at the Goose property and marine laydown area. Sabina anticipates approval of the Type B water license in late Q1, 2018. The Type A water license would allow for full construction and operation of the Back River project. Sabina anticipates approval of the Type A water license in Q4, 2018.