Sabina Gold & Silver Reports Updated Mineral Resource Estimate for the Back River Gold Project, Nunavut

4 March 2014

  • Increase in overall contained Au ounces in the Measured, Indicated and Inferred Resource categories
  • Significant Increase in Measured Au ounces from 304,000 ounces at 4.4 g/t Au and 2,168 kt to 1,714,000 ounces at 5.2 g/t Au and 10,210 kt for open pitIncrease in overall contained Au ounces in the Measured, Indicated and Inferred Resource categories

Vancouver, BC – Sabina Gold & Silver Corp (SBB.T) is pleased to announce an updated Mineral Resource estimate for its 100% owned Back River Gold Project in Nunavut, Canada (“Back River or the “Project”).
The updated Mineral Resource Estimate for Back River was undertaken by AMC Mining Consultants (Canada) Ltd. (“AMC”). This new estimate consists of a Measured Mineral Resource of 10.4 million tonnes grading 5.2 g/t for a contained 1,761,000 ounces Au, an Indicated Mineral Resource of 17.9 million tonnes grading 6.1 g/t for a contained 3,536,000 ounces Au and an Inferred Mineral Resource of 8.2 million tonnes grading 7.3 g/t for a contained 1,927,000 ounces Au. Results from drilling in 2013 and geologic modelling on all deposits has increased the Mineral Resource estimate at Back River.Vancouver, BC – Sabina Gold & Silver Corp (SBB.T) is pleased to announce an updated Mineral Resource estimate for its 100% owned Back River Gold Project in Nunavut, Canada (“Back River or the “Project”).
The updated Mineral Resource Estimate for Back River was undertaken by AMC Mining Consultants (Canada) Ltd. (“AMC”). This new estimate consists of a Measured Mineral Resource of 10.4 million tonnes grading 5.2 g/t for a contained 1,761,000 ounces Au, an Indicated Mineral Resource of 17.9 million tonnes grading 6.1 g/t for a contained 3,536,000 ounces Au and an Inferred Mineral Resource of 8.2 million tonnes grading 7.3 g/t for a contained 1,927,000 ounces Au. Results from drilling in 2013 and geologic modelling on all deposits has increased the Mineral Resource estimate at Back River.

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