Sabina Gold & Silver Back River set up showing summer terrain conditions. Photo credit: @BRP_Sabina
Vancouver, British Columbia, Canada-based Sabina Gold & Silver Corp. is working to become a significant gold producer through the successful phased development of the Back River District in Nunavut, Canada where Major Drilling has been performing exploration drilling for the company.
Mineral exploration success comes in many forms, commodities, and locations. “The Northern Miner” recently listed the Top-10 (by market capitalization) Canadian-headquartered precious metals companies that are developing successful projects. The listing showed several current and past Major Drilling partners including Sabina Gold & Silver Corp., Gold Standard Ventures, MAG Silver, Osisko Mining, Seabridge Gold, and Silvercrest Metals.
A camp on the Back River property. Credit: Sabina Gold & Silver as published by "The Northern Miner"
The article reported, “Canadian gold and silver juniors are leading project advancement at home and abroad, as precious metals exploration and development enjoy boom times again.”
By the end of spring 2019, Major Drilling and Sabina finished a 6,400-meter drill program in eight drill holes at three target areas at the Goose property at Back River. Sabina reports further success with high-grade gold drilling results at Nuvuyak Zone, discovered in 2018 to have significant gold deposits
Top-10, Canada-based precious metals developers*†
|1. NOVAGOLD RESOURCES, $2.38B market cap||6. SILVERCREST METALS. $431M market cap|
|2. LUNDIN GOLD, $1.48B market cap||7. SABINA GOLD & SILVER, $407M market cap|
|3. MAG SILVER, $1.20B market cap||8. NOVO RESOURCES, $356M market cap|
|4. SEABRIDGE GOLD, $1.11B market cap||9. GOLD STANDARD VENTURES, $348M market cap|
|5. OSISKO MINING, $906M market cap||10. CORVUS GOLD, $241M market cap|
|*market cap in Canadian dollars, as published by “The Northern Miner”
†projects are not yet in production
Major Drilling’s impact on exploration success is propelling the progress of commodity development throughout the world. From lithium exploration in Argentina, to gold in Canada, to copper in Mongolia, Major Drilling teams provide the local experts who make a global impact for partners like Sabina Gold & Silver Corp.
We recommend the full article “Top-10, Canada-based precious metals developers” as one of our Defining Reads as published on “The Northern Miner” website. Contact us to learn more about how to begin a drilling program focused on quality, safety, and results for your next exploration project.