8
NEWS BACK RIVER HANNIGAYOK Sab ina GOLD & SILVER CORP. www.backriverproject.com WINTER | 2016 Feasibility Studies Under our new President and CEO Bruce McLeod’s direction we released two feasibility studies for the Project in 2015. These studies described engineering plans and financial details for two potential versions WHAT’S NEW? 2015 was another busy year for Sabina. We spent most of last year preparing our Final Environmental Impact Statement (Final EIS) for the Back River Project, which we submitted to the Nunavut Impact Review Board (NIRB) in November. With feedback from communities, government, and regulatory agencies, we enhanced the Final EIS significantly. of the Project; the 6,000-tonne- per-day project being proposed in the Final EIS and a smaller ‘initial’ 3,000-tonne-per day project. These studies highlighted the economic strength of both projects, but suggested the smaller initial project may be more financially realistic to pursue under current weak market conditions. We’re very excited about the potential Back River holds,” says Bruce, “and we’re optimistic that the Project will be financed and developed in the near future. Bruce McLeod Sabina President and CEO

BACK RIVER Sabina NEWSbackriverproject.s3-us-west-2.amazonaws.com/wp-content/uploads/2016/02/... · XXX CBDLSJWFSQSPKFDU DPN PROjECT INFORMATION Where are we in the Regulatory Process?

  • Upload
    others

  • View
    0

  • Download
    0

Embed Size (px)

Citation preview

Sabina Gold & Silver Corp. • Suite 375 - 555 Burrard Street, Box 220, Vancouver, BC V7X 1M7 • CanadaPhone: 604.998.4175 • www.sabinagoldsilver.com | 8

NEWSBACK RIVER

www.backriverproject.com HANNIGAYOKSabinaGOLD & SILVER CORP. Sabina

GOLD & SILVER CORP.

www.backriverproject.com WINTER | 2016

Feasibility StudiesUnder our new President and CEO Bruce McLeod’s direction we released two feasibility studies for the Project in 2015. These studies described engineering plans and financial details for two potential versions

IN THE COMMUNITYAdding Value

Sabina values the role we play as a member of the Kitikmeot community. That’s why we engage community members and organizations to share information about the Project and solicit their feedback. To date, there have been over 185 meetings and events with communities in the north where the Back River Project was discussed!

Sabina also maintains an active donations program focused on supporting youth and education, community wellness, and traditional lifestyles. Since 2012, Sabina donated over $125,000 to community organizations and initiatives in the Kitikmeot. This included support for visits by Ariel Tweto on her ‘Popping Bubbles’ tour; week-long science,

technology, engineering, and mathematics camps for youth hosted by the charity Actua; and various KIA-led training initiatives (e.g. Women Building Futures Workshop, Emergency Medical Responder Program).

WHAT’S NEW?2015 was another busy year for Sabina. We spent most of last year preparing our Final Environmental Impact Statement (Final EIS) for the Back River Project, which we submitted to the Nunavut Impact Review Board (NIRB) in November. With feedback from communities, government, and regulatory agencies, we enhanced the Final EIS significantly.

of the Project; the 6,000-tonne-per-day project being proposed in the Final EIS and a smaller ‘initial’ 3,000-tonne-per day project. These studies highlighted the economic strength of both projects, but suggested the smaller initial project may be more financially realistic to pursue under current weak market conditions.

8We’re very excited about the potential Back

River holds,” says Bruce, “and we’re optimistic

that the Project will be financed and

developed in the near future.

“ “

SABINA’S MATThEW PICKARd ANd JASON PRNO, SPENd TIME WITh ARIEL TWETO, PRIOR TO hER POPPINg BUBBLES TOUR.

CAMBRIdgE BAY• Foodbank• Daycare• WellnessCentre• KitikmeotHeritageSociety• Frolics• AboriginalDayCelebrations• SquareDanceGroup• DrumDanceGroup• KitikmeotSummerGames

gjOA HAvEN• FoodBank• Daycare• SearchandRescue• DogSledRace• AmauligakDancers

KUglUKTUK• FoodBank• Daycare• KitikmeotCup• CommunityReadinessInitiative• Frolics• InuitSummerGames• FishingDerby• CanoeandSoccerClinics

TAlOYOAK• Foodbank• DayCare• KitikmeotCup• FishingDerby• FishYouthCamp• YouthHockeyEquipment• SearchandRescue

BATHURST INlET/ BAY CHIMO• ChristmasFestivities

KUgAARUK• FoodBank• Daycare• SearchandRescue• FishingDerby

OTHER dONATIONS:

Bruce McleodSabina President and CEO

| 7 | 2

www.backriverproject.com

Community EngagementSabina also conducted community visits in the Kitikmeot Region and Yellowknife last June andOctober. during these visits, we met with members of the public and the Kitikmeot Inuit Association (KIA), as well as local hTO and hamlet representatives to discuss the Project.

In 2015, Sabina (in partnership with Explore IT Network Solutions) donated refurbished laptops with software to the following community organizations: Cambridge Bay Wellness Centre, Kitikmeot heritage Society, Cambridge Bay Youth Centre, Kugluktukday Care, Kugluktuk Search and Rescue, gjoa haven Search and Rescue, Taloyoak day Care, Taloyoak Search and Rescue, Kugaaruk day Care, and Kugaaruk Search and Rescue.

On SiteWe also ran some short duration field programs at the Project site that involved a small group of people. These programs included environmental baseline data collection, geotechnical and geophysical studies, and resource expansion drilling.

developed a comprehensive Fish Offsetting Plan that is now under review by the department Fisheries, Oceans and the Canadian Coast guard that describes our efforts in more detail. With Sabina and the Kugluktuk hTO working together we anticipate restoring Bernard harbour and Nulahugyuk Creek to a sustainable Aboriginal fishery.”

david would like the Bernard harbour restoration project to continue for a few more years. he’s hoping they can move even more rocks and tag more fish.

“We’ll know this project is successful when fish stop dying when trying to get to their spawning lake,” he adds. “We still see some now, but not as many as we did at the beginning of the project.”

Expect more updates on this exciting project in the near future.

2

JASonPRno(CommunItYRElAtIonSADvISoR)PRovIDInGAPROJECT UPdATE TO ThE RESIdENTS OF BAThURST INLET ANd BAYCHImo(JunE2015)

INUIT hARVESTINg FISh AT ThE BERNARd hARBOUR FISh WEIR (JunE 1916) [REFEREnCE: CoPPER InuItS SPEARInG SAlmon AtnulAHuGYuK CREEK, noRtHWESt tERRItoRIES (nunAvut),CAnADIAnmuSEumoFHIStoRY,37080]

SABINA’S VICE PRESIdENT OF COMMUNICATIONS ANd CoRPoRAtE SECREtARY, nIColE HoEllER, (SEConD FRomRIGHt)WItHDonAtEDlAPtoPRECIPIEntSInCAmBRIDGEBAY(JunE2015)

INTERESTINg FACT: The Bernard harbour Project was originally proposed by Nunavut’s Premier, Peter Taptuna, who was the Chair of the Kugluktuk hTO at the time. Peter continues to have close ties to the land in-and-around Bernard harbour.

FIShERMAN ANd ARCTIC ChAR CAUghT IN NETS AT BERNARd hARBOUR (JunE1916)[REFEREnCE:mAnGAlInAHolDInGtHREElARGESAlmontRoutAtBERnARDHARBouR,noRtHWESttERRItoRIES(nunAvut),CAnADIAnmuSEumoFHIStoRY,38992]

QUESTION, COMMENTS OR CONCERNS?All you need to do is contact john Kaiyogana ([email protected]) or drop by our Cambridge Bay office (Kitnuna Building, 10omilik Road, P.o. Box 2239, 867-983-3033).You can alsocontactourvancouverofficeat604-998-4175.

GETTING THE BACK RIVER PROJECT APPROVEDSTEP 1 STEP 3 STEP 4 STEP 5

Land Use Planning

Impact Assessment

Decision Making

Licensing Monitoring

Our first step was to submit an application to the Nunavut Planning Commission.

Then we entered the environmental assessment stage where NIRB reviews the environmental, social and economic impacts of the Back River Project.

Once we complete the Final EIS hearings, NIRB’s report is reviewed by the federal minister(s) responsible for decision-making. If approved, the Project can move to licensing.

All authorizing agencies set out the explicit terms and conditions of the Back River Project’s approval.

Once the Project

receives the

necessary licences,

permits and

approvals, the

Project may require

monitoring.

❍ ❍ ❍ ❍ ❍✓✓

STEP 2WE ARE HERE!

| 3 | 6

www.backriverproject.com

PROjECT INFORMATIONWhere are we in the Regulatory Process?Over the past year, our team worked diligently to address any concerns that were brought forward during the Environmental Assessment (EA) process into the Project’s Final EIS.

One of our biggest priorities was addressing the NIRB’s comments pertaining to environmental and community matters. These included issues regarding caribou, tailings, waste and water management, shipping and the marine environment, support for communities and youth, wildlife, and transportation.

Sabina’s EA began in June 2012 and involved various stakeholders who reviewed our regulatory submissions and participated in Project meetings, commenting periods, and hearings. The last significant EA meetings for the Project took place in November 2014 when the NIRB held technical meetings, a community roundtable and a pre-hearing conference to review our draft EIS.

The restoration project’s goal is to restore sections of Nulahugyuk Creek, which have become too shallow or too rocky for Arctic Char to complete their upstream migration to spawn in hingittok Lake. The team uses low impact methods (e.g. removal and placement of rocks by hand) to deepen and restore problematic sections of Nulahugyuk Creek.

Not only did preliminary work show that this approach was effective, the project is a great opportunity for Kugluktuk community members to get involved.

Sabina and the Kugluktuk HTOSabina and the Kugluktuk hTO are partners in completing the Bernard harbour restoration project and signed a project agreement in June 2014.

“It’s important that local people know that Sabina is working on these types of local environmental projects,” said Kugluktuk hTO Chairperson david Nivingalok. “Sabina and the Kugluktuk hTO have an excellent partnership and share the same goal of restoring Bernard harbour for the benefit of Kugluktukmiut who harvest there and the Arctic Char that use Bernard harbour to spawn.”

“Completion of the Bernard harbour restoration project will help Sabina compensate for fisheries impacts that may occur as a result of the Back River Project,” adds Matthew Pickard, Sabina’s Vice President of Environment and Sustainability. “We’ve

EYE ON KITIKMEOTRestoring Bernard harbour Rock-by-RockThe Bernard harbour restoration project was first proposed by the Kugluktuk hunters’ and Trappers’ Organization (hTO) and golder Associates (golder) in the early 2000s, with Sabina becoming an industry partner in 2014. Sabina provided financing to start the project.

Bernard harbour is located in the western Kitikmeot Region approximately 100km north of Kugluktuk. This area has traditionally been used by Inuit for fishing, hunting, and camping and is known to have supported a thriving Arctic Char fishery in the past. Fish harvesting was concentrated at the mouth of Nulahugyuk Creek, which flows into the Arctic Ocean at Bernard harbour from hingittok Lake, 10km upstream.

dId YOU KNOW?historically, fish were caught using kakivaks (traditional Inuit fish spears) after being trapped in seasonally-constructed rock weirs.

WHAT IS AN ENvIRONMENTAl ASSESSMENT (EA)? An EA is a process used to evaluate the potential environmental and socio-economic effects of a project (such as a mine like the Back River Project). In Nunavut, this process is normally run by the NIRB and can take approximately four years to complete.

| 5 | 4

www.backriverproject.com

The Final EIS hearings have been scheduled for the end of April 2016. Like the 2014 meetings, these hearings will be led by the NIRB and will take place in Cambridge Bay. The Final EIS hearings will be open to all interested parties including Sabina, government, non-governmental organizations, community organizations, regulatory agencies, and the public.

The NIRB will use these hearings to gather information and make a recommendation to the Minister of Indigenous and Northern Affairs Canada (INAC) on whether the Back River Project should proceed. Providing the Project receives INAC ministerial approval, a Project Certificate will be issued describing the various conditionsSabinawillneedtofollow.Inadditiontoawaterlicenceandotherrequiredpermits,Sabinaandthe KIA will negotiate an Inuit Impact and Benefit Agreement (IIBA).

Assuming the above activities and tasks are completed under current schedules, Project mobilization could begininlate2016orearly2017.We’llcontinuetoengagecommunitiesthroughoutallthephasesoftheProject.

Shipping NewsShipping will form a small, but essential part of our operations at the Back River Project. Construction materials, mining equipment, fuel, and otherProject supplies will need to be brought in by ship during the open water season.

We’ll use Canadian approved vessels similar to those already used in annual community re-supply across the north. Both ocean-going barges (deadweight tonnage: 16,000 tonnes; draft: 5.9 m) and ships (deadweight tonnage: 17,000 tonnes;draft:9.7m)willbeused.

Approximately 3-5 vessels per year will be needed during Project construction and 4-5 vessels per year will be needed during operations. Project shipping schedules will be communicated to local communities throughout the open water season.

All materials will be off-loaded at the Marine Laydown Area (MLA) located in southern Bathurst Inlet, temporarily stored, and then transported to the goose Property by trucks over a winter ice road (once temperatures permit).

Shipping activities are highly regulated and Sabinawillmeetallthelegalrequirementsrelatedto shipping in Canadian waters. These include regulations related to: • Shipboardoperationandnavigation• transportoffuelandotherhazardousmaterials• Spillresponse

Shipping-related effects assessments were prepared for the marine environment using both scientific methods and traditional knowledge. These findings, found in our Final EIS, show that Sabina will conduct shipping in a safe and responsible manner.

A golden OpportunityWe know how we’re going to mine the Back River Project’s gold deposits (open pit and underground methods) and how much gold we hope to produce, but what happens to the gold that’s extracted from the ground?

gold from the Back River Project will be produced into ‘doré’ (semi-refined) bars directly on site. These bars will then be transported by aircraft to an offsite refinery for further processing. At this stage, the gold will be ready to sell.

here are some interesting gold uses and facts: • Aroundhalfofallminedgoldintheworldismadeintojewellery,withChina,Indiaandtheunited

States being the largest markets. • Goldcanbeusedforinvestmentpurposesbyindividuals,institutions,andcentralbanks.• Insmallquantities,goldisusedintechnologicalapplications(e.g.electronics,dentistry,aerospace,

fuel cells, automotive, healthcare).• Allofthegoldeverminedwouldfitintoanarea21m³.• oneounceofgoldcanbestretchedintoawire80kmlongorasheet9m².• thewatercontainedintheworld’soceansisestimatedtoholdupto15,000tonnesofgold.• thereare147.3millionounces(around4,600tonnes)ofgoldstoredintheu.S.BullionDepository

at Fort Knox.

Source: World Gold Council (http://www.gold.org/)

| 5 | 4

www.backriverproject.com

The Final EIS hearings have been scheduled for the end of April 2016. Like the 2014 meetings, these hearings will be led by the NIRB and will take place in Cambridge Bay. The Final EIS hearings will be open to all interested parties including Sabina, government, non-governmental organizations, community organizations, regulatory agencies, and the public.

The NIRB will use these hearings to gather information and make a recommendation to the Minister of Indigenous and Northern Affairs Canada (INAC) on whether the Back River Project should proceed. Providing the Project receives INAC ministerial approval, a Project Certificate will be issued describing the various conditionsSabinawillneedtofollow.Inadditiontoawaterlicenceandotherrequiredpermits,Sabinaandthe KIA will negotiate an Inuit Impact and Benefit Agreement (IIBA).

Assuming the above activities and tasks are completed under current schedules, Project mobilization could begininlate2016orearly2017.We’llcontinuetoengagecommunitiesthroughoutallthephasesoftheProject.

Shipping NewsShipping will form a small, but essential part of our operations at the Back River Project. Construction materials, mining equipment, fuel, and otherProject supplies will need to be brought in by ship during the open water season.

We’ll use Canadian approved vessels similar to those already used in annual community re-supply across the north. Both ocean-going barges (deadweight tonnage: 16,000 tonnes; draft: 5.9 m) and ships (deadweight tonnage: 17,000 tonnes;draft:9.7m)willbeused.

Approximately 3-5 vessels per year will be needed during Project construction and 4-5 vessels per year will be needed during operations. Project shipping schedules will be communicated to local communities throughout the open water season.

All materials will be off-loaded at the Marine Laydown Area (MLA) located in southern Bathurst Inlet, temporarily stored, and then transported to the goose Property by trucks over a winter ice road (once temperatures permit).

Shipping activities are highly regulated and Sabinawillmeetallthelegalrequirementsrelatedto shipping in Canadian waters. These include regulations related to: • Shipboardoperationandnavigation• transportoffuelandotherhazardousmaterials• Spillresponse

Shipping-related effects assessments were prepared for the marine environment using both scientific methods and traditional knowledge. These findings, found in our Final EIS, show that Sabina will conduct shipping in a safe and responsible manner.

A golden OpportunityWe know how we’re going to mine the Back River Project’s gold deposits (open pit and underground methods) and how much gold we hope to produce, but what happens to the gold that’s extracted from the ground?

gold from the Back River Project will be produced into ‘doré’ (semi-refined) bars directly on site. These bars will then be transported by aircraft to an offsite refinery for further processing. At this stage, the gold will be ready to sell.

here are some interesting gold uses and facts: • Aroundhalfofallminedgoldintheworldismadeintojewellery,withChina,Indiaandtheunited

States being the largest markets. • Goldcanbeusedforinvestmentpurposesbyindividuals,institutions,andcentralbanks.• Insmallquantities,goldisusedintechnologicalapplications(e.g.electronics,dentistry,aerospace,

fuel cells, automotive, healthcare).• Allofthegoldeverminedwouldfitintoanarea21m³.• oneounceofgoldcanbestretchedintoawire80kmlongorasheet9m².• thewatercontainedintheworld’soceansisestimatedtoholdupto15,000tonnesofgold.• thereare147.3millionounces(around4,600tonnes)ofgoldstoredintheu.S.BullionDepository

at Fort Knox.

Source: World Gold Council (http://www.gold.org/)

GETTING THE BACK RIVER PROJECT APPROVEDSTEP 1 STEP 3 STEP 4 STEP 5

Land Use Planning

Impact Assessment

Decision Making

Licensing Monitoring

Our first step was to submit an application to the Nunavut Planning Commission.

Then we entered the environmental assessment stage where NIRB reviews the environmental, social and economic impacts of the Back River Project.

Once we complete the Final EIS hearings, NIRB’s report is reviewed by the federal minister(s) responsible for decision-making. If approved, the Project can move to licensing.

All authorizing agencies set out the explicit terms and conditions of the Back River Project’s approval.

Once the Project

receives the

necessary licences,

permits and

approvals, the

Project may require

monitoring.

❍ ❍ ❍ ❍ ❍✓✓

STEP 2WE ARE HERE!

| 3 | 6

www.backriverproject.com

PROjECT INFORMATIONWhere are we in the Regulatory Process?Over the past year, our team worked diligently to address any concerns that were brought forward during the Environmental Assessment (EA) process into the Project’s Final EIS.

One of our biggest priorities was addressing the NIRB’s comments pertaining to environmental and community matters. These included issues regarding caribou, tailings, waste and water management, shipping and the marine environment, support for communities and youth, wildlife, and transportation.

Sabina’s EA began in June 2012 and involved various stakeholders who reviewed our regulatory submissions and participated in Project meetings, commenting periods, and hearings. The last significant EA meetings for the Project took place in November 2014 when the NIRB held technical meetings, a community roundtable and a pre-hearing conference to review our draft EIS.

The restoration project’s goal is to restore sections of Nulahugyuk Creek, which have become too shallow or too rocky for Arctic Char to complete their upstream migration to spawn in hingittok Lake. The team uses low impact methods (e.g. removal and placement of rocks by hand) to deepen and restore problematic sections of Nulahugyuk Creek.

Not only did preliminary work show that this approach was effective, the project is a great opportunity for Kugluktuk community members to get involved.

Sabina and the Kugluktuk HTOSabina and the Kugluktuk hTO are partners in completing the Bernard harbour restoration project and signed a project agreement in June 2014.

“It’s important that local people know that Sabina is working on these types of local environmental projects,” said Kugluktuk hTO Chairperson david Nivingalok. “Sabina and the Kugluktuk hTO have an excellent partnership and share the same goal of restoring Bernard harbour for the benefit of Kugluktukmiut who harvest there and the Arctic Char that use Bernard harbour to spawn.”

“Completion of the Bernard harbour restoration project will help Sabina compensate for fisheries impacts that may occur as a result of the Back River Project,” adds Matthew Pickard, Sabina’s Vice President of Environment and Sustainability. “We’ve

EYE ON KITIKMEOTRestoring Bernard harbour Rock-by-RockThe Bernard harbour restoration project was first proposed by the Kugluktuk hunters’ and Trappers’ Organization (hTO) and golder Associates (golder) in the early 2000s, with Sabina becoming an industry partner in 2014. Sabina provided financing to start the project.

Bernard harbour is located in the western Kitikmeot Region approximately 100km north of Kugluktuk. This area has traditionally been used by Inuit for fishing, hunting, and camping and is known to have supported a thriving Arctic Char fishery in the past. Fish harvesting was concentrated at the mouth of Nulahugyuk Creek, which flows into the Arctic Ocean at Bernard harbour from hingittok Lake, 10km upstream.

dId YOU KNOW?historically, fish were caught using kakivaks (traditional Inuit fish spears) after being trapped in seasonally-constructed rock weirs.

WHAT IS AN ENvIRONMENTAl ASSESSMENT (EA)? An EA is a process used to evaluate the potential environmental and socio-economic effects of a project (such as a mine like the Back River Project). In Nunavut, this process is normally run by the NIRB and can take approximately four years to complete.

| 7 | 2

www.backriverproject.com

Community EngagementSabina also conducted community visits in the Kitikmeot Region and Yellowknife last June andOctober. during these visits, we met with members of the public and the Kitikmeot Inuit Association (KIA), as well as local hTO and hamlet representatives to discuss the Project.

In 2015, Sabina (in partnership with Explore IT Network Solutions) donated refurbished laptops with software to the following community organizations: Cambridge Bay Wellness Centre, Kitikmeot heritage Society, Cambridge Bay Youth Centre, Kugluktukday Care, Kugluktuk Search and Rescue, gjoa haven Search and Rescue, Taloyoak day Care, Taloyoak Search and Rescue, Kugaaruk day Care, and Kugaaruk Search and Rescue.

On SiteWe also ran some short duration field programs at the Project site that involved a small group of people. These programs included environmental baseline data collection, geotechnical and geophysical studies, and resource expansion drilling.

developed a comprehensive Fish Offsetting Plan that is now under review by the department Fisheries, Oceans and the Canadian Coast guard that describes our efforts in more detail. With Sabina and the Kugluktuk hTO working together we anticipate restoring Bernard harbour and Nulahugyuk Creek to a sustainable Aboriginal fishery.”

david would like the Bernard harbour restoration project to continue for a few more years. he’s hoping they can move even more rocks and tag more fish.

“We’ll know this project is successful when fish stop dying when trying to get to their spawning lake,” he adds. “We still see some now, but not as many as we did at the beginning of the project.”

Expect more updates on this exciting project in the near future.

2

JASonPRno(CommunItYRElAtIonSADvISoR)PRovIDInGAPROJECT UPdATE TO ThE RESIdENTS OF BAThURST INLET ANd BAYCHImo(JunE2015)

INUIT hARVESTINg FISh AT ThE BERNARd hARBOUR FISh WEIR (JunE 1916) [REFEREnCE: CoPPER InuItS SPEARInG SAlmon AtnulAHuGYuK CREEK, noRtHWESt tERRItoRIES (nunAvut),CAnADIAnmuSEumoFHIStoRY,37080]

SABINA’S VICE PRESIdENT OF COMMUNICATIONS ANd CoRPoRAtE SECREtARY, nIColE HoEllER, (SEConD FRomRIGHt)WItHDonAtEDlAPtoPRECIPIEntSInCAmBRIDGEBAY(JunE2015)

INTERESTINg FACT: The Bernard harbour Project was originally proposed by Nunavut’s Premier, Peter Taptuna, who was the Chair of the Kugluktuk hTO at the time. Peter continues to have close ties to the land in-and-around Bernard harbour.

FIShERMAN ANd ARCTIC ChAR CAUghT IN NETS AT BERNARd hARBOUR (JunE1916)[REFEREnCE:mAnGAlInAHolDInGtHREElARGESAlmontRoutAtBERnARDHARBouR,noRtHWESttERRItoRIES(nunAvut),CAnADIAnmuSEumoFHIStoRY,38992]

QUESTION, COMMENTS OR CONCERNS?All you need to do is contact john Kaiyogana ([email protected]) or drop by our Cambridge Bay office (Kitnuna Building, 10omilik Road, P.o. Box 2239, 867-983-3033).You can alsocontactourvancouverofficeat604-998-4175.

Sabina Gold & Silver Corp. • Suite 375 - 555 Burrard Street, Box 220, Vancouver, BC V7X 1M7 • CanadaPhone: 604.998.4175 • www.sabinagoldsilver.com | 8

NEWSBACK RIVER

www.backriverproject.com HANNIGAYOKSabinaGOLD & SILVER CORP. Sabina

GOLD & SILVER CORP.

www.backriverproject.com WINTER | 2016

Feasibility StudiesUnder our new President and CEO Bruce McLeod’s direction we released two feasibility studies for the Project in 2015. These studies described engineering plans and financial details for two potential versions

IN THE COMMUNITYAdding Value

Sabina values the role we play as a member of the Kitikmeot community. That’s why we engage community members and organizations to share information about the Project and solicit their feedback. To date, there have been over 185 meetings and events with communities in the north where the Back River Project was discussed!

Sabina also maintains an active donations program focused on supporting youth and education, community wellness, and traditional lifestyles. Since 2012, Sabina donated over $125,000 to community organizations and initiatives in the Kitikmeot. This included support for visits by Ariel Tweto on her ‘Popping Bubbles’ tour; week-long science,

technology, engineering, and mathematics camps for youth hosted by the charity Actua; and various KIA-led training initiatives (e.g. Women Building Futures Workshop, Emergency Medical Responder Program).

WHAT’S NEW?2015 was another busy year for Sabina. We spent most of last year preparing our Final Environmental Impact Statement (Final EIS) for the Back River Project, which we submitted to the Nunavut Impact Review Board (NIRB) in November. With feedback from communities, government, and regulatory agencies, we enhanced the Final EIS significantly.

of the Project; the 6,000-tonne-per-day project being proposed in the Final EIS and a smaller ‘initial’ 3,000-tonne-per day project. These studies highlighted the economic strength of both projects, but suggested the smaller initial project may be more financially realistic to pursue under current weak market conditions.

8We’re very excited about the potential Back

River holds,” says Bruce, “and we’re optimistic

that the Project will be financed and

developed in the near future.

“ “

SABINA’S MATThEW PICKARd ANd JASON PRNO, SPENd TIME WITh ARIEL TWETO, PRIOR TO hER POPPINg BUBBLES TOUR.

CAMBRIdgE BAY• Foodbank• Daycare• WellnessCentre• KitikmeotHeritageSociety• Frolics• AboriginalDayCelebrations• SquareDanceGroup• DrumDanceGroup• KitikmeotSummerGames

gjOA HAvEN• FoodBank• Daycare• SearchandRescue• DogSledRace• AmauligakDancers

KUglUKTUK• FoodBank• Daycare• KitikmeotCup• CommunityReadinessInitiative• Frolics• InuitSummerGames• FishingDerby• CanoeandSoccerClinics

TAlOYOAK• Foodbank• DayCare• KitikmeotCup• FishingDerby• FishYouthCamp• YouthHockeyEquipment• SearchandRescue

BATHURST INlET/ BAY CHIMO• ChristmasFestivities

KUgAARUK• FoodBank• Daycare• SearchandRescue• FishingDerby

OTHER dONATIONS:

Bruce McleodSabina President and CEO