Sabina Gold & Silver Corp. is a Canadian gold Company on track to become a mid-tier gold producer.The Company has a portfolio of different 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.
The Nunavut assets, which are geographicaly proximal to each other, consist of:
The high grade Back River gold project. Back River is a series of seven claim blocks, where a critical mass of resource ounces has been discovered and enabled the Company to move towards economic studies;
The Wishbone greenstone belt, a large grass roots exploration claim block adjacent to Back River and highly prospective for new gold discoveries; and
The significant royalty on the Hackett River silver-zinc property, sold by Sabina to Xstrata Zinc Canada in 2011. The royalty is comprised of 22.5% of the first 190 million ounces of silver produced from Hackett River and 12.5% of all silver produced thereafter. Hackett River sits at the North end of the Wishbone greenstone belt.
This portfolio of Arctic assets gives the Company a 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 in conjunction with a management team that has demonstrated proven success in exploring, developing, and operating large projects in difficult environments, provide the platform for Sabina to become a leading Canadian investment opportunity.
Management plans to grow the Company by focusing on these mandates:
to strive to become a mid-tier gold producer as quickly as possible;
to seek out other accretive precious metals acquisitions while continuing to advance Back River;
to build on an experienced skilled management and technical team; and
to maintain a strong treasury to enable the Company to facilitate its objectives
3D MODEL OF DRILLING ON THE UMWELT DISCOVERY, BACK RIVER PROPERTY