Sabina Gold & Silver Corp. SBB:CA reported assays from the Umwelt Discovery at its Goose Property in the Back River Project, Nunavut. Result highlights include 4.99 g/t gold over 49.53 metres (including 25.05 g/t over 10 metres, 227.8 g/t over 1 metre), 10.29 g/t over 35.5 metres and 7.55 g/t over 56 metres (including 14.96 g/t over 11 metres, 12.86 g/t over 4 metres).
President/CEO Tony Walsh commented, “The new gold discoveries at the Goose property have accelerated the project beyond our expectations and positive results continue to be returned. With the Goose camp closed for the winter, we can now begin to evaluate and interpret our work with the objective of completing updated resource and internal pit studies on the project. We would expect to publish those results early next year. If all is positive, we anticipate commencing scoping work in the first quarter of 2011.”
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by Ted Niles