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Sabina Gold & Silver Corp.
Summary
| Project: | Back River | |
|---|---|---|
| Deposit: | Nuvuyak | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 10/22/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 22-10-2018: Sabina Gold & Silver Corp. announces an Exploration/Drilling Update report for its Nuvuyak deposit at the Back River project. Drilling results incl. 13.20m @ 16.39g/t Au from 740.50m. Vancouver, BC – Sabina Gold & Silver Corp (SBB.T), (“Sabina | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: James Maxwell (Internal) | |
| ABSTRACT: | Vancouver, BC – Sabina Gold & Silver Corp (SBB.T), (“Sabina” or the “Company”) is pleased to announce more results from the Nuvuyak discovery from the 2018 summer exploration diamond drilling program at its 100% owned Back River gold project (“Back River” or the “Project”) in Nunavut Canada. Drilling has continued on the new high-grade Nuvuyak discovery returning significant results. Initial drill intercepts have now been returned from follow up drill holes in the up-plunge direction of the initial discovery hole 18GSE545 which returned 11.58 g/t over 39.50m (see press release August 20, 2018). A series of new high-grade gold intercepts in drill hole 18GSE558 are returned at the Nuvayak target that include: 16.39 g/t over 13.20 meters, 7.78 g/t over 12.40 meters and 13.32 g/t over 5.10 meters. Notably, and higher up in the drill hole, significant values of 9.48 g/t Au over 9.10 meters and 7.44 g/t over 6.40 meters were intersected in an area historically called the Hook zone. These results may point to the discovery of a newer higher-grade mineralization zone that occurs at shallower depths than had previously been recognised. An additional 8.58 g/t over 4.90 meters and 4.50 g/t over 4.10 meters intersected in drill hole 18GSE553 is interpreted to represent up-plunge mineralization to Nuvuyak (Figure 1). | |
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