Sabina Gold & Silver

Primary ticker: TSX:SBB, OTCQX: SGSVF
Stage of development: Development
Primary minerals: Gold
Project to promote:Back River Gold Project

Sabina Gold & Silver Corp. is a well-financed, emerging precious metals company with district scale, advanced, high grade gold assets in one of the world’s newest, politically stable mining jurisdictions: Nunavut, Canada.

Sabina released a Feasibility Study on its 100% owned Back River Gold Project which presents a project that has been designed on a fit-for purpose basis, with the potential to produce ~200,000 ounces a year for ~11 years with a rapid payback of 2.9 years (see “Technical Report for the Initial Project Feasibility Study on the Back River Gold Property, Nunavut, Canada” dated October 28, 2015). At a US$1,150 gold price and a 0.80 (US$:C$) exchange rate, the Study delivers a potential after tax internal rate of return of approximately 24.2%. The Project is fully permitted and has obtained social license.

Management Profile

D. Bruce McLeod, P.Eng – Director, President and Chief Executive Officer

Bruce McLeod is a Mining Engineer with over 30 years of experience in all areas of the mining industry. Most recently, he was the President & Chief Executive Officer of Mercator Minerals Ltd. Prior to that, he was the President, Chief Executive Officer and Director of Creston Moly Corp. as well as a founder of both Sherwood Copper Corp and Stornoway Diamond Corporation. He also served on the Board of Directors of Kaminak Gold Corporation (acquired by Goldcorp Inc.), Palmerejo Silver and Gold Corp (acquired by Coeur D’Alene Mines) and Ariane Gold (acquired by Cambior Inc.) and has been involved in numerous projects at various stages of development while with the Northair Group.

What is your rationale for attending 121 Mining Investment?

We are looking to meet with traditional resource focused investors as well as more generalist investors from institutions, family offices or high net worth individuals.

What are your key goals for the next 3, 6 and 12 months?

3 Months:

EPC contract (fixed price bid and performance guarantee on our mill and truck shop) by the end of Q3, 2019. Continued project updates

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Investor sentiment. Our debt package has been well advanced, but equity is the challenge at the moment. We do not want to take a financial risk by raising equity if the market will not reward us for executing and delivering (ie: no re-rating). We are waiting for the most opportune time to launch project financing.

In a sentence, what do you think makes your company such a compelling investment?

Large, high grade, advanced, district scale gold project, in a good jurisdiction, with relevant gold production and robust economics that is shovel ready. Not many of us around.