24 September 2018
Sabina Gold & Silver Corp is pleased to announce that the Nunavut Water Board has provided a positive decision for the Type A Water License for the 100%-owned Back River Gold Project in Nunavut, Canada. On August 9, 2018, the Company completed its final public hearing with the NWB and related intervenors.On September 21, 2018, the Company received a copy of the NWB’s recommendation to the Minister of Intergovernmental Affairs, Northern Affairs and Internal Trade that the Project’s Type A Water License should be issued with proposed terms and conditions.
Receipt of the Type A Water License represents a key step in the environmental permitting process and will enable activities at site including mine construction and operations and sets the closure bonding amounts for the project moving forward.The Type A Water License includes development of the Umwelt Open Pit and Underground, as well as the Llama and Goose Main Open Pits as envisioned in the current development plans.The Type A Water License also includes the ability to develop the Llama and Goose Main Undergrounds as well as the Echo Open Pit and Underground should we choose to do so in the future.