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Sabina Gold & Silver Corp.
Summary
| Project: | Back River | |
|---|---|---|
| Deposit: | Goose | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 6/9/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-6-2016: Sabina Gold & Silver Corp. announces an Exploration/Drilling Update report for its Goose deposit at the Back River project. Drilling results incl. 3.70m @ 3.84g/t Au from 69.10m at Convergence. Vancouver, BC – Sabina Gold & Silver Corp (SBB.T), | |
| 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 the results from the recently completed spring exploration diamond drilling program at its 100% owned Back River Gold Project. The focus of the program was to test shallow targets located close to proposed infrastructure at the Goose Property. A new discovery was made at the Convergence where visible gold (VG) has been identified within a mineralized interval of 3.70m. Encouraging results also continued at the Kogoyok target (Sabina 2015 news releases October 13), where gold mineralization has been intersected in drilling with VG identified in multiple rock units over a broad area supporting the expansion and definition of a large-scale gold structure. Additionally drilling at the Hivogani target has continued to expand the host area and further characterized the new mineralization styles. Bruce McLeod, President and CEO, states, “The results from this round of exploration drilling are encouraging in that we continue to find new zones of mineralization in and around our existing deposits. While still early days, the results at the Kogoyok and Convergence zones show many of the characteristics that are commonly associated with the other substantial gold zones at Back River. Using the analogue of our Umwelt discovery in 2010 we know that these large scale gold bearing structures when associated with the right geologic traps have the potential to host significant economic gold zones. We also continue to show the potential for gold mineralization to be hosted outside the iron formation host rock at Hivogani. We are excited about the potential of these areas and I look forward to further exploration as we continue to refine our vectoring of mineralization towards new deposit discovery.” | |
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