The Back River camp (Company)

The Back River camp (Company)

Sabina Gold and Silver (SBB:TSX) released assay results from the company’s Umwelt deposit which is part of the Back River project located in Nunavut, Canada.  Umwelt is the largest of the Back River mineral resources and is set to be the first open pit and the first underground deposit mined, according to the company’s October 9, 2013 pre-feasibility study.  The company has completed infill drilling at Umwelt with 52 holes being drilled.  Highlights include:

  • Hole 13GSE386: 25.6m of 17.30g/t gold
  • Hole 13GSE374: 33.55m of 12.69g/t gold
  • Hole 13GSE377: 19.72m of 21.96g/t gold

Existing indicated resources at Umwelt continue down plunge 1350m to a vertical depth of 600m below surface.  Inferred resources continue further 250m down plunge.  Drilling at Umwelt focused on upgrading resources in the proposed open pit area over a strike of 300m and to a depth of 305m.

“We are consistently pleased with the drill results we’ve received from our infill drilling at Umwelt.” said Rob Pease President & CEO “Results continue to demonstrate the high-grade nature of the deposit as well as improve overall confidence as we work to upgrade resources to the measured category. This year’s drilling will be included in updated remodelling and resource estimates of the deposits expected to be completed early in 2014. Although our 2013 field program is completed and our camps in Nunavut are now closed, we expect results and news from our 2013 drilling to continue until the end of the year.”

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