Sabina secures $520M for Goose gold mine

Plans to pour first gold bar at Nunavut operation in Q1 2025 North of 60 Mining News – February 11, 2022


Last updated 2/17/2022 at 3:52pm

Nunavut Canada Sabina Gold Silver Back River Orion Wheaton Goose Mine Zhaojin

Sabina Gold & Silver Corp.

Sabina has already begun underground development at the Goose Mine project on the company's Back River gold project.

Sabina Gold & Silver Corp. Feb. 8 announced it has finalized a US$520 million financing package to fund construction and development of the Goose Mine on the company's Back River gold project in Nunavut, Canada.

"This is a major milestone for Sabina," said Sabina Gold President and CEO Bruce McLeod.

A feasibility study that was updated in 2021 contemplates mining 18.7 million metric tons of...

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