- Sabina Gold & Silver (SBB) provides an update on advancements of the Goose Mine development at the Back River Gold District in Nunavut, Canada
- A major component is to prioritize getting construction items delivered on site in a safe way
- Equipment and supplies for site concrete work and the erection of plant and ancillary building shells and building envelopes will benefit from the 2022 sealift program
- Sabina Gold & Silver (SBB) is an emerging gold mining company that owns the district scale, advanced, high grade Back River Gold District in Nunavut, Canada
- Sabina Gold & Silver (SBB) is down today, trading at C$1.18 as of 2:32pm ET
Sabina Gold & Silver (SBB) provides an update on advancements of the Goose Mine development at the Back River Gold District in Nunavut, Canada. The Goose Mine is a multi-generational mining district with a demonstrated high-grade world class gold endowment.
A major component is to prioritize getting construction items delivered on site in a safe way. Equipment and supplies for site concrete work and the erection of plant and ancillary building shells and building envelopes will benefit from the 2022 sealift program. These include vessels from both the East and the West shipping hubs at Becancour and Hay River respectively.
For the 2022 sealift, Sabina shipped and received approximately 12,500 million tonnes (MT) of dry goods via 2 cargo vessels and 8 ocean barges. In addition, Sabina successfully completed the delivery and offloading of 9.2 million liters of bulk diesel fuel into our storage tank at the Port Facility.
As previously reported, Sabina has also procured its permanent 500 bed accommodation facility with the first phase of 280 beds delivered to the Port Facility. The remaining 220 beds required for operations were scheduled to be delivered this year but is still delayed. The sealift from the west had flooding in Hay River this Spring.
Committed purchase orders have been issued and the project is now 90% procured. The target is for 95% of all packages to be committed to by the end of November 2022.
Sabina has executed a construction and maintenance contract with Nuna Logistics for the 2022/2023 Winter Ice Road (WIR). Their in-depth knowledge of northern operations enables them to mobilize, build, and maintain the reliable infrastructure required for continuous, cost-efficient operations in isolated regions of Northern Canada.
Preparations for Sabina’s WIR are underway with double headed construction (from the Port Facility and the Goose site) of the road to begin in December 2022. Transportation operations are expected to start in February 2023 with an anticipated 1500 loads being moved from the MLA to Goose.
Planned construction activities in 2023 will focus largely on building envelopes/frames and perimeter concrete. However, with procurement now substantially complete, Sabina intends to evaluate the detailed construction schedule and identify possible improvements to the timing for the delivery of specific work scopes.
Sabina Gold & Silver (SBB) is an emerging gold mining company that owns the district scale, advanced, high grade Back River Gold District in Nunavut, Canada.
Sabina Gold & Silver (SBB) is down today, trading at C$1.18 as of 2:32pm ET.
