Sabina Gold & Silver Reports Goose Camp Open for Expanded Drilling Campaign at the Back River Gold Project

VANCOUVER, British Columbia, July 08, 2020 (GLOBE NEWSWIRE) -- Sabina Gold & Silver Corp (SBB.T/SGSVF.OTCQX), (“Sabina” or the “Company”) is pleased to announce that the Goose Camp has been successfully re-opened and work programs have commenced at the Goose Property on its 100%-owned Back River Gold Project (“Back River” or the “Project”) in Nunavut, Canada.

Since de-mobilizing personnel from Goose Camp in March due to the COVID-19 pandemic, the Company has been working in consultation with external parties to develop camp protocols to ensure the safety of our workforce and the surrounding communities. A COVID-19 Operational Framework has been developed and camp personnel have been safely moved back into site and are ready to recommence the 2020 field programs. Sabina will continue to engage with relevant parties and with the safety and wellbeing of our employees as our focus, will modify protocols based on new information to ensure our measures are protective.

Exploration

A planned 8,500 meter drill program will target additional high grade potential at Umwelt, infill and plunge extension at Llama and other new high potential exploration targets within the 8km Goose Property gold complex. An initial focus will be at Umwelt to test the high-grade underground corridor continuity up plunge from Vault towards the bottom of the planned open pit. Exploration will also commence infill drilling at Llama with the objective of extending resources from the bottom of the current Llama underground resource model, further down plunge and potentially beyond the limits of recently established mineralization intercepts.

“During the 2019 exploration drilling campaign we continued to demonstrate the potential for significant mine life extension at the Goose Project and have now delineated an additional 1.2 km of mineralized strike length at Llama underground, the new discovery at Nuvuyak and the emerging high-grade corridor at Umwelt. This year’s campaign will also enable us to prepare for the significant drilling required to bring these targets into a resource estimate. We are happy to be back in camp and are looking forward to a fruitful field season.”

Umwelt High-Grade Corridor Drilling

Over the past two years, with a focus on structural studies, Sabina has evolved strong exploration opportunities that include the potential for positive resource optimization and discovery growth at Umwelt and elsewhere across the Goose property. As part of this focused approach drilling in 2020 will continue to test and better define the continuity of higher than average grade potential within the Umwelt underground resources over approximately 600 m of plunge length that extends from the north of the Vault zone towards the boundaries of the Umwelt open pit. The initial series of 8 to 10 drill holes are designed to delineate and detail the nature of a modelled secondary structure, which has never been directly targeted. The structure has been intersected in prior drilling throughout the plunge length of Umwelt but its significance has previously not been fully understood with regard to its role in producing a localized thickened iron formation with associated higher than average gold mineralization. Drilling will test this structural control in a series of up plunge tests from last year’s drill hole 19GSE569 which returned 14.97 g/t Au over 21.75m (see press release June 19, 2019).