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Sabina refines Back River gold project

Sabina Gold and Silver has come back with a revised feasibility study at its Back River gold project in Nunavut, Canada, which has found favour with investors.

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The goose pit at Sabina Gold and Silver’s Back River gold project in Nunavut, Canada

The announcement of a scaled down, simplified project costing almost 40% less than previously envisaged saw the company’s share price rise 6% to C$0.35/share (US$0.26/share).