11 April 2017
April 11, 2017
Vancouver, BC – Sabina Gold & Silver Corp (SBB.T), (“Sabina” or the “Company”) is pleased to announce that crews have been mobilized and drilling has commenced at the Goose camp on its 100%-owned Back River gold project (“Back River” or the “Project”) in Nunavut, Canada.
Approximately 7,000 metres of drilling has been planned for 2017 in two drill programs, with the first 3,000 metres to be completed this spring, and the balance in a summer drill campaign to commence in August.
Priority drill targets have been selected based on their potential to enhance project economics by adding or demonstrating potential additional mine life in the footprint of the proposed Goose Project. These targets include the high-grade Vault zone at Umwelt underground, significant step out along potential Llama underground, step out drilling at Echo, and follow up drilling of the GNS and Kogoyok targets.
“We have over 50 significant exploration targets identified within our 100% controlled 80km of prospective iron formation stratigraphy,” said Bruce McLeod, President and CEO “We believe that there are new discoveries to be made at Back River and this will be a multi-generational project. At this time however, we are focused on adding near term value by potentially extending life at our proposed Goose Mine. We are also very fortunate to have a veteran crew skilled at operating our programs and drilling at these deposits. ”
Spring Drilling Program