$38.5 million at September 30, 2017 in cash and equivalents
VANCOUVER, British Columbia, Nov 15 (Bernama-GLOBE NEWSWIRE) -- Sabina Gold & Silver Corp. ("Sabina") or (the "Company") (TSX:SBB) reports the financial results for the quarter ended September 30, 2017.
"With the positive recommendation received from the Nunavut Impact Review Board ("NIRB") in July, the third quarter of 2017 saw a milestone de-risking event for the Company," said Bruce McLeod, President & CEO. "While the NIRB report is with the Minister of Indigenous and Northern Affairs Canada ("INAC") pending a decision, we have continued to advance the project forward by advancing basic engineering and other site assessment activities at the same time as continuing to drill high impact targets at the Goose property. We are very pleased with the results from both the Umwelt and Llama drilling to date which demonstrate the significant mineral endowment of the property. We look forward to a Minister's decision, we anticipate could be before the end of the year, and to fully assessing our 2017 drilling to determine the campaign focus for 2018."
VANCOUVER, British Columbia, Nov 15 (Bernama-GLOBE NEWSWIRE) -- Sabina Gold & Silver Corp. ("Sabina") or (the "Company") (TSX:SBB) reports the financial results for the quarter ended September 30, 2017.
"With the positive recommendation received from the Nunavut Impact Review Board ("NIRB") in July, the third quarter of 2017 saw a milestone de-risking event for the Company," said Bruce McLeod, President & CEO. "While the NIRB report is with the Minister of Indigenous and Northern Affairs Canada ("INAC") pending a decision, we have continued to advance the project forward by advancing basic engineering and other site assessment activities at the same time as continuing to drill high impact targets at the Goose property. We are very pleased with the results from both the Umwelt and Llama drilling to date which demonstrate the significant mineral endowment of the property. We look forward to a Minister's decision, we anticipate could be before the end of the year, and to fully assessing our 2017 drilling to determine the campaign focus for 2018."
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