Gold

Sabina Gold & Silver Corp. (TSX:SBB) announced the results of an infill definition and expansion drilling program recently completed at the Echo deposit, located at its Nunavut-based Back River gold project.

Sabina Gold & Silver Corp. (TSX:SBB) announced the results of an infill definition and expansion drilling program recently completed at the Echo deposit, located at its Nunavut-based Back River gold project.

As quoted in the press release:

Twenty five diamond drill holes for a total of 8831.5 m were completed at Echo in 2014 to test the feasibility of including a open pit/underground operation in the early mine plan.

The 2014 Echo drilling program:

  • increased the drill hole density of the main deposit to approximately 50m centers to enable conversion of resources;
  • drill tested for extensions to mineralization at depths of up to 350m vertical;
  • tested for significant lateral extensions of the known mineral horizon; and
  • collected data for metallurgical and geotechnical studies that will aid in the assessment of development potential.

The results of the drilling indicate that the deposit is open at depth, below current drilling and also along strike to the northeast and west.

Rob Pease, president and CEO of Sabina, commented:

We are pleased with the results of this year’s Echo drill program. We have succeeded in confirming and expanding the continuity of the gold mineralization while increasing our confidence in the resource in the lower and main portions of the mineral zone. In addition, we are excited that step out holes and lower elevation resource drill holes demonstrate that the deposit has potential to grow. Although the Echo deposit only represents a small portion of our current total Back River resource, we are encouraged by the continued ability to show exploration upside with dedicated drilling in and around our Goose deposit areas.

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

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