Sabina Gold & Silver Receives Positive Recommendation from the Nunavut Impact Review Board for Continued Development of Back River Gold Project, Canada

Sabina Gold & Silver Corp (SBB.T), (“Sabina” or the “Company”) is pleased to announce that it has received a copy of the Second Final Hearing Report (the “Report”) from the Nunavut Impact Review Board (the “NIRB”). In the report, the NIRB has recommended to the Minister of Indigenous and Northern Affairs Canada (“INAC”) that development of the Company’s 100%-owned Back River Gold Project (“Back River” or the “Project”) in Nunavut, Canada, should proceed to the licensing phase.
As quoted in the press release:

“After a multi-year environmental assessment, we are extremely pleased with the NIRB giving Back River the green light to move ahead to the licensing phase,” stated Bruce McLeod, President and CEO. “NIRB’s recommendation is a 400 page document that also includes recommended terms and conditions for the project which we are currently reviewing. We are moving ever closer to our goal of becoming a mid-tier gold producer in one of the world’s best mining jurisdictions. We would like to thank the community participants from the Kitikmeot region, the KIA, and the numerous regulatory agencies for their ongoing contribution to the review and their support to advance the Project. In particular, we would like to thank the NIRB for a very well run, rigorous yet collaborative process that enabled valuable discussion and idea sharing between all parties. Back River is aiming to be one of the next gold mines in Nunavut providing much desired jobs, training, infrastructure and opportunities to the Inuit of the Kitikmeot Region.”

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