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Sabina closes on Back River financing

Sabina Gold & Silver is getting close to completing a financing package for the development of the Goose deposit of its Back River gold project in Nunavut, Canada, president and CEO Bruce Mcleod told Mining Journal at the Precious Metals Summit in Beaver Creek, Colorado.

Paul Harrs in Beaver Creek, Colorado
Sabina Gold & Silver's Goose camp in Nunavut, Canada

Sabina Gold & Silver's Goose camp in Nunavut, Canada

McLeod said the company had selected a debt provider and a source of stream financing for the US$466 million capital requirement, and while both entities have also said they will participate in the equity...

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