Rhea-AI Summary
Sabina Gold & Silver Corp (SGSVF) has announced exceptional assay results from drilling at the Umwelt Underground resource in its Back River Gold Project, Nunavut. The latest holes reported include 23.52 g/t over 22.75m, 20.02 g/t over 20.55m, and 14.78 g/t over 24.80m. Internal studies suggest that extracting higher-grade material early in mining could boost project economics. The company is advancing its exploration with an underground ramp slated for development in early 2021, aiming to enhance resource understanding and support a revised feasibility study expected in Q1 2021.
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What is the market cap of Sabina Gold (SGSVF)?
The market cap of Sabina Gold (SGSVF) is approximately $896.1M.