Work at the Back River project in 2013 is designed to support ongoing feasibility studies.
Sabina Gold & Silver Corp. on Tuesday unveiled initial drilling results from exploration at its wholly-owned Back River project in Nunavut.
“Drilling is going very well at our Back River Gold Project and we are off to a good start with some impressive results at Llama and George,’’ said Rob Pease, Sabina's Pres & CEO in a press release. Work this year is focused on completing an on-going pre-feasibility study, a subsequent feasibility study and draft environmental impact statement by the end of this year.
Sabina shares eased 0.82% to $1.21. leaving the company with a market cap of $210 million, based on 173.6 million shares outstanding. The 52-week range is $3.55 and $1.11.
