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Sabina ready to splash cash at Back River

Vancouver-based Sabina Gold & Silver Corp (CN: SBB) has set aside C$8.5 million (US$6.45 million) to advance development of its proposed C$415 million Back River gold project in southwestern Nunavut but could spend up to $25 million if it can finally clear permitting hurdles. Investor optimism is returning.

Sabina ready to splash cash at Back River Sabina ready to splash cash at Back River Sabina ready to splash cash at Back River Sabina ready to splash cash at Back River Sabina ready to splash cash at Back River

Sabina Gold is waiting for government clearance to advance permitting and development of Back River

Sabina was one of Canada’s best performed mining equities of the past 12 months (to January 31) despite a rollercoaster 2016.

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