Other Projects

Golden Sidewalk, Red Lake Area, Ontario (inactive)

Sabina owns 100% of 18 leasehold patent claims, known as the Golden Sidewalk property, located in Skinner Township in the Red Lake Mining District of north-western Ontario. There are no royalties or carried interests attached to the Golden Sidewalk property. The Golden Sidewalk Property, hosting the past-producing Bathurst Mine, is located within the Birch-Uchi greenstone belt. Gold was discovered on the Golden Sidewalk property in 1926. The property produced high-grade gold specimens from several different locations during limited sporadic production from 1928 to 1937.

Among the more recent high grade discoveries is the "Joe Vein" first discovered in preliminary surface trenching work by Sabina in late 2004. Compilation of the current and historical data along with limited drilling was completed in 2006. Further reconnaissance work was undertaken in 2007, including surface mapping as well as inspection of old workings at the Bathurst Mine shaft. A drilling program of 2,472 meters in 23 core holes was completed in March 2008. Drilling intersected gold mineralization in the primary target "Bathurst Mine Horizon" and also discovered a second horizon with potential high-grade gold mineralization. The diamond drilling of the "Bathurst Mine Horizon" and the new "Upper Bathurst Mine Horizon" confirmed the presence of multiple gold bearing structures with further potential along strike and at depth. No work has been done on the property since 2010.

Skinner, Red Lake Area, Ontario (inactive)

Sabina owns a 100% interest in 14 claims, covering 2,900 hectares, known as the Skinner property, located in the Red Lake Gold camp adjacent to and immediately south of the Golden Sidewalk property. Sabina optioned the property in June 2004 from Wolfden Resources Ltd. (now Premier Gold), which retained a 7.5% net profit interest capped at $450,000. Various third parties hold NSR royalties totaling 3% (1% of which can be purchased by Sabina for $1,200,000, and 1% of which is subject to a right of first refusal granted to Sabina).

Following compilation of historic data, geophysics, geochemistry, mapping and limited diamond drilling from 2005-2007, in 2008 drilling intersected a gold mineralized structure along the edge of an ultramafic unit. The newly discovered ultramafic unit is located under an arm of Narrow Lake. At present, only two holes have tested the mineralized structure, both returning anomalous gold values. These holes were successful in discovering gold mineralization in an east-west trending structure (the "Blind Zone") with gold mineralization occurring along a sheared contact between a gabbro sill and ultramafic unit. The 2009 drill program consisted of 10 holes totalling 2,045 meters and was completed in February 2009. No work has been done on the property since 2010.

Redaurum, Red Lake Area, Ontario (inactive)

The Redaurum property is located within one of the major Red Lake deformation zones and in close proximity to the past producing Madsen Gold Mine. The Redaurum Property is underlain by several ultramafic rock units and extensive quartz carbonate veining, which are important features of Goldcorp's Campbell and Red Lake producing gold mines. Goldcorp is the operator (55%), with Claude Resources (25%) and Sabina (20%) holding the remaining interests.