Sabina raises C$39.1M to fund Back River
Financing ensures company can order supplies for future mine North of 60 Mining News – March 19, 2021
Last updated 3/25/2021 at 4:02pm
Sabina Gold & Silver Corp. March 16 announced that it has raised C$35.1 million to fund the advancement of its Back River gold project in Nunavut and expects to add another C$4.1 million to its coffers by the end of the month.
A 2015 feasibility study detailed plans for mining four deposits at Back River – Goose, Llama, Umwelt, and Umwelt Underground – to feed a 3,000-metric-ton-per-day...