Sabina Gold & Silver Corp. is a Canadian precious metals exploration Company with a portfolio of several different properties in Canada at different stages of development. The Company's flagship projects are currently located in Nunavut, in the Canadian North.
Both Hackett River and Back River projects have logistics issues related to their remote location, but infrastructure may build up several blue chip mining companies are actively develop projects in Nunavut
Recent Sector News
Canadian shares advanced on signs economic growth is strengthening following better-than-expected U.S. jobs data. The Standard & Poor’s/TSX Composite Index (TSE:OSPTX) rose 0.1 percent to 14,289.90 at 12:21 p.m. in Toronto. The 241-company gauge had rallied 4.8 percent this year through yesterday.
Stria Capital's (CVE:SRA) shares jumped over 15% on Thursday after the company said it promoted Julien Davy, its former VP of exploration, to the role of president and chief operating officer.
Falco Pacific Resource transitioning to development stage, valuation compelling: M Partners Research
The analyst took note that with the 2.8 million ounce gold equivalent resource, Falco Pacific trades at $15 per ounce on an EV/oz basis, compared to North American peers trading at $28 per ounce.
Falco Pacific Resource Group (CVE:FPC) unveiled Tuesday its initial resource estimate for the upper portion of its Horne 5 deposit in Quebec, saying the report exceeded the company's own expectations.
Canadian shares rallied, with gains in every major sector, as remarks from Russian President Vladimir Putin indicated that the Ukraine crisis won’t immediately escalate. The benchmark Standard & Poor’s/TSX Composite Index (TSE:OSPTX) jumped 0.7 percent to 14,314.01 at 11:51 a.m. in Toronto. Almost three shares rose for every stock that dropped as all of the 10 main industries advanced.
Toronto-listed gold companies gained today, prompted by higher metal prices as escalating tension in Ukraine increased demand for gold as a haven and amid comments from government officials at the PDAC convention in Canada's business capital. The 37-company S&P/TSX Global Gold Index (TSE:TTGD) jumped 2.1 percent to 202.63 at 2:46 p.m. in Toronto.
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