Mining Exploration & Development near Sprague MB (17 Result(s))

Rice Lake Gold Belt in Manitob,a Canada2 million ounces produced historically.2.5 million ounces discovered since 2006.Structural analysis revealing multiple new horizons within Company mining lease.400 sq km land package with multiple high-grade (10-26 gpt) past producers. Two Mines and On-Site MillRice Lake shaft mine vertical access: 1,675 m (5,500')Hinge and 007 ramps vertical access: 500 m (1,600')Mill upgrades completed, capacity increased to 2,500 tpd.Surface support infrastructure in place. Zone Extensions Accessed by New Infrastructure16 Level extension in close proximity to L10, 08, 6163 and L13 deposits.26 Level operations accessing 710 lens.Shoreline Basalt remains open for exploration along strike and to depth.

The main exploration projects and growth are based in Canada, a stable and favorable to mining country. Production from Canadian Malartic is not subject to any hedging programs on gold, and experienced construction team that built the Canadian Malartic is ready to engage in other major projects.

Sabina plans to maximize shareholder wealth by becoming a mid-tier gold producer with a focus on exploring and developing world class assets in the Canadian north. We plan to excel as a company by demonstrating the opportunities in our projects through efficient, disciplined exploration; by innovatively moving each asset through the development process to demonstrate their economic viability; and by continuing to build our portfolio of precious metals exploration projects in politically safe mining jurisdictions.