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Transaction Announcement Reports
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Project: | Back River | |
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Deposit: | Back River | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 12/20/2017 | |
Report Code: | (Enviro) | |
Report Type: | EIA/ESIA | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 20-12-2017: Sabina Gold & Silver Corp. announces an EIA/ESIA report for its Back River deposit at the Back River project. Back River project granted final Project Certificate. Vancouver, BC – Sabina Gold & Silver Corp (SBB.T), (“Sabina” or the “Company”) | |
Resources: | (not mentioned in this report) | |
CP/QP: | [Overall Report]: n/a (n/a) | |
ABSTRACT: | Vancouver, BC – Sabina Gold & Silver Corp (SBB.T), (“Sabina” or the “Company”) is pleased to announce that the Nunavut Impact Review Board (the “NIRB”) has issued the final Project Certificate for the Back River Project (the “Project” or “Back River”). As announced on December 6, 2017, the Minister of Indigenous and Northern Affairs Canada, on behalf of the five responsible federal Ministers, accepted the NIRB’s recommendation for the Project to proceed to the regulatory and licensing phase. Following the completion of a Project Certificate workshop held on December 14, 2017 the NIRB has issued the final Project Certificate pursuant to Section 12.5.12 of Article 12 of the Nunavut Agreement. The Project Certificate contains terms and conditions, the majority of which were agreed upon during the environmental assessment process. The Project Certificate allows Sabina to advance through the final licensing and permitting stage. “After a multi-year environmental assessment process, we are very pleased to end the year with the issuance of the final Project Certificate for Back River,” said Bruce McLeod, President & CEO. “As reported, we have recently submitted our Type B and Type A water license applications and will proceed with other necessary permit applications in due course. The Project Certificate is another milestone for Sabina shareholders. This has been an overall positive year, and we are looking forward to reporting on activities for 2018. ” | |
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