29 December 2016
Vancouver, BC – Sabina Gold & Silver Corp (SBB.T), (“Sabina” or the “Company”) provides an update on the timing on a decision by the Minister of Indigenous and Northern Affairs Canada (“INAC”).
On June 15, 2016, the Nunavut Impact Review Board (“NIRB”) recommended to the federal Minister of INAC that the Back River Project not proceed to the next phase of permitting at this time. INAC has since been reviewing the NIRB Report and the Minister has three options:
1) Reject the NIRB Report/recommendation;
2) Accept the NIRB Report/recommendation; or
3) Send the project back to NIRB for reconsideration.
The federal government had originally suggested that its decision would likely be made before the end of Q4, 2016, however, they continue to consider the NIRB recommendation carefully.