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Spring program resource growth around existing deposits North of 60 Mining News – March 18, 2022
Sabina Gold & Silver Corp. March 15 reported the start of a surface drill program focused on testing the interface of the planned open pit and down-plunge extension of the Umwelt deposit at the Goose property on the company's Back River gold mine project in Nunavut, Canada.
Umwelt is one of five primary deposits at Goose that host 33.45 million metric tons of measured and indicated resources averaging 5.88 grams per metric ton (6.32 million ounces) gold and 13.79 million metric tons of inferred resource averaging 6.44 g/t (2.86 million oz) gold.
The largest of the deposits outlined so far, Umwelt hosts 13.18 metric tons of measured and indicated resources averaging 6.89 g/t (2.92 million oz) gold and 3 million metric tons of inferred resource averaging 5.99 g/t (575,000 oz) gold.
Roughly 26% of the measured and indicated resources at Umwelt are in the proposed open pit, with the balance in the underground mineable section of the deposit.
Sabina plans to drill six to eight holes from surface to test areas believed to offer opportunities for better characterization of higher-grade mineral zones and mining infrastructure planning at Umwelt.
In addition, one geomechanical hole will be drilled to collect rock property data at the base of the Umwelt open pit.
Once drilling at Umwelt is complete, an additional two or three holes will be drilled at the Hook zone, which is believed to be part of a gold structure that links the near-surface Goose Main and deeper Nuvuyak gold deposits.
At least one hole will test down plunge from a 2021 drill hole 21GSE600, that cut 28.05 meters averaging 5.42 g/t gold. An additional hole will target mineralization within the Hook gold structure roughly 150 meters north of the Goose Main pit.
Sabina says positive results from this drilling will help inform future decisions around resource growth and development along the Goose Main to Hook to Nuvuyak gold structure.
"We look forward to receiving the results of this spring drilling program as we continue to evolve and develop the resource potential at the 8 km long Goose Gold Complex," said Sabina Gold &Silver President and CEO Bruce McLeod. "As we have demonstrated in past drilling campaigns, the gold endowment at Goose is exceptional and we remain committed to an exploration and resource growth and optimization strategy that we believe will add considerable value to the project we progress towards production."
The spring drilling program is slated to be completed by mid-April.
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