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    market news

    Sabina Gold Completes Environmental Assessment Process for Back River

    Charlotte McLeod
    Dec. 20, 2017 09:24AM PST
    Gold Investing

    Sabina Gold & Silver Corp. (TSX:SBB) announced that the Nunavut Impact Review Board has issued the final project certificate for its Back River gold project. The company has now completed the environmental assessment process.

    Sabina Gold & Silver Corp. (TSX:SBB) announced that the Nunavut Impact Review Board has issued the final project certificate for its Back River gold project. The company has now completed the environmental assessment process.
    As quoted in the press release:

    As announced on December 6, 2017, the Minister of Indigenous and Northern Affairs Canada, on behalf of the five responsible federal Ministers, accepted the NIRB’s recommendation for the Project to proceed to the regulatory and licensing phase. Following the completion of a Project Certificate workshop held on December 14, 2017 the NIRB has issued the final Project Certificate pursuant to Section 12.5.12 of Article 12 of the Nunavut Agreement.
    The Project Certificate contains terms and conditions, the majority of which were agreed upon during the environmental assessment process. The Project Certificate allows Sabina to advance through the final licensing and permitting stage.

    Bruce McLeod, president and CEO of Sabina, commented:

    After a multi-year environmental assessment process, we are very pleased to end the year with the issuance of the final Project Certificate for Back River. As reported, we have recently submitted our Type B and Type A water license applications and will proceed with other necessary permit applications in due course. The Project Certificate is another milestone for Sabina shareholders. This has been an overall positive year, and we are looking forward to reporting on activities for 2018.

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

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