22 April 2014
– Metallurgical test results indicate recovery improvement from 88.0% to 93.9% –
Vancouver, BC – Sabina Gold & Silver Corp (SBB.T) (“Sabina” or the “Company”) is pleased to announce the results of ongoing bench scale metallurgical testing on its 100% owned Back River Gold Project in Nunavut, Canada (“Back River” or the “Project”).
“We are very pleased with the results of our ongoing metallurgical testing” said Rob Pease, President & CEO, “The results confirm that the gold at Back River is free milling by conventional cyanide leaching at reasonable grind sizes. The substantial increase in overall recoveries from 88.0% to an indicated 93.9% continues to demonstrate the high quality nature of the Project. We believe that the improved recoveries in combination with our increased Mineral Resource Estimate, are solid foundations on which to build our Feasibility Study (“FS”), although the final recovery and reserve estimate will not be known until the FS is completed. Additionally, we continue to make progress on optimization studies, which could present other opportunities to further refine the Project.