20 August 2018
Vancouver, BC – Sabina Gold & Silver Corp (SBB.T), (“Sabina” or the “Company”) is pleased to announce first results from the 2018 summer exploration diamond drilling program at its 100% owned Back River gold project (“Back River” or the “Project”) in Nunavut Canada.
A significant new high-grade gold discovery, the Nuvuyak gold zone, occurring approximately One kilometer to the west of the Goose Main Deposit, has been identified. Drill hole 18GSE545 targeted the high priority Nuvuyak target and intersected 11.58 g/t Au over 39.50 m with abundant visible gold. The mineralization at Nuvuyak is hosted in a strongly quartz veined, altered and mineralized iron formation sequence, and has a number of strong similarities to the high-grade Umwelt “Vault” zone.Successful drilling at Nuvuyak demonstrates the potential for further discoveries on this highly prospective district.
Table 1. Highlighted results from Nuvuyak drill hole 18GSE545