22 February 2019
Sabina Gold & Silver Corp is pleased to announce budget plans and activities for 2019. Sabina is advancing its high grade, permitted project towards a production decision with measured initiatives within the Company’s financial resources. The 2019 budget enables the Company to continue its two-pronged approach: completing project development activities that continue to reduce execution risk as well as continuing high value exploration. The 2019 budget totals approximately $41 million in expenditures, including certain discretionary expenditures of $6-8 million for earthworks programs at Goose. The discretionary spending will be assessed during the year and depending on prevailing market sentiment could be deferred resulting in a larger cash balance at the end of 2019.
The 2019 budget delivers...