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Sabina Gold & Silver Corp.
Summary
| Project: | Back River | |
|---|---|---|
| Deposit: | Llama | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 9/5/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 5-9-2017: Sabina Gold & Silver Corp. announces an Exploration/Drilling Update report for its Llama deposit at the Back River project. Drilling results incl. 38.55m @ 9.48g/t Au from 667.40m. VANCOUVER – Sabina Gold & Silver Corp. (“Sabina”) or (the “Compa | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: James Maxwell (Internal) | |
| ABSTRACT: | VANCOUVER – Sabina Gold & Silver Corp. (“Sabina”) or (the “Company”) (SBB – TSX) is pleased to announce the first results from the summer exploration diamond drilling program at its 100% owned Back River Gold Project in Nunavut, Canada. Approximately 10,000 m of planned drilling with three drill rigs is progressing well with the objective of testing high impact targets in and around existing resources at the Goose Property. Drill hole 17GSE516B intersected 9.48 g/t Au over 38.55 m within a strongly altered and mineralized lower iron formation package that is part of the continuation of the highly prospective, mineralized, Llama structure. This intercept is approximately 160 m down plunge from previously reported drill hole 17GS513 (see news release June 13, 2017) which intersected over 40 meters of altered and mineralized lower iron formation that included 6.52 g/t Au over 8.3 meters from 618.9 m to 627.2 m. This new zone represents a significant increase in sulphide mineralization along the structure, is open in all directions and demonstrates that the Llama gold structure is robust for a continued distance along strike of over 1,500 m from surface to a vertical depth of 595 m. Drilling will continue to test this new zone, in both the up and down plunge directions. In addition to the drilling at Llama, drill holes have been completed at the Umwelt Vault zone, Kogoyok and Echo where results will be released as assays are received. | |
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