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Sabina Gets C$50 Million Payday as Hackett River Sale Closes
Oct. 04, 2011 11:21AM PST
Silver Investing
Mineweb reported that Sabina Gold & Silver (TSX:TBB) profited $50 million from the sale of its Hackett River project.
Mineweb reported that Sabina Gold & Silver (TSX:TBB) profited $50 million from the sale of its Hackett River project.
As quoted in the market news:
For Sabina, which first announced the deal in June, the rationale behind the sell-off of Hackett River, a large but remote zinc-silver deposit in Canada’s north, was its stated desire to focus on precious metals.