Sabina continues to de-risk Back River

North of 60 Mining News – January 1, 2019


Last updated 9/25/2020 at 10:32am

Back River gold mine development project Nunavut

Sabina Gold & Silver Corp.

A Herc 747 delivers supplies to the Goose camp at Sabina's Back River gold project in Nunavut. New port facilities and a winter ice road being constructed this winter will reduce the need for plane deliveries to this gold mine project in Nunavut.

Sabina Gold & Silver Corp. Dec. 21 reported that it has raised C$28.1 million, money that will be used to continue early mine development activities at the company's Back River gold project in Nunavut.

The bought deal financing involved the issuance of 21.09 million Sabina shares at $1.20 each for C$25.31 million. This total includes 2.32 million being issued to Zhaojin International Mining...

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