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    Sabina Announces Increase in Resource Estimate for Back River Gold Project

    Investing News Network
    Nov. 21, 2011 09:59AM PST
    Gold Investing

    Sabina Gold & Silver Corp. (TSX:SBB) announced a revised resource estimate for the Nunavut-based Back River project.

    Sabina Gold & Silver Corp. (TSX:SBB) announced a revised resource estimate for the Nunavut-based Back River project.

    As quoted in the press release:

    The majority of the resource additions are a result of expansion drilling at the Umwelt deposit, which was extended along strike to over 1.14km and 1.5km down plunge in 2011. Drilling in 2011 increased the size of Umwelt and also established its continuity.

    Sabina’s President and CEO, Rob Pease said:

    The Company has more than doubled the resource on the Back River property in essentially two drilling campaigns. Given that there is a limited window for drilling in Nunavut, this success speaks to the prospectivity of the Back River project as well as to the skill and innovation of our exploration team.

    Click here for the Sabina Gold & Silver Corp. (TSX:SBB) press release.

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