Sabina Gold & Silver Corp. is a Canadian preciou
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Sabina Gold & Silver Corp. is a Canadian precious metals company on track to become a mid-tier gold producer. The Company has a portfolio of properties in Canada at different stages of development. The Company's flagship projects are currently located in Nunavut, in the Canadian North.
Through these Nunavut assets, Sabina is currently evolving from a successful exploration company to a developer.
Sabina's portfolio of Nunavut assets, all geographically proximal to each other, consists of:
The high grade Back River Gold Project, a highly-prospective series of seven claim blocks where a critical mass of resource ounces has already been defined and has enabled the Company to complete a positive Preliminary Economic Assessment in May, 2012;
The Wishbone Greenstone Belt, a large grass roots exploration claim block adjacent to Back River and highly prospective for new gold discoveries; and
A significant silver royalty on the Hackett River silver-zinc project being advanced by Xstrata Zinc Canada. The royalty delivers to Sabina, at no cost, 22.5% of the first 190 million ounces of silver produced and 12.5% of all silver produced thereafter. Hackett River sits at the north end of the Wishbone greenstone belt, approximately 50km from Back River.
This portfolio of Arctic assets gives the Company a diversified, district-size precious metals presence in one of the world's safest mining jurisdictions.
The Company is well financed with no debt. These financial resources are being deployed by a management team that has demonstrated success in exploring, financing, developing, and operating large projects in challenging environments. With high quality assets, an experienced team and a strong treasury, Sabina strives to become a leading precious metals investment opportunity focused on responsible resource development.
3D MODEL OF DRILLING ON THE UMWELT DISCOVERY, BACK RIVER PROPERTY
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