Sabina Gold & Silver / SBB (TSX)

    • Offizieller Beitrag

    @elefant


    Schau mal hier rein:


    Silber Companies - Liste und Neues


    Das ist wohl der Hauptgrund für den heftigen Kursrückgang.


    JETZT noch zu verkaufen ist nicht unbedingt ratsam IMO.


    Meine paar SBB halte ich nun einfach durch.



    Grüsse


    "Die Märkte haben nie unrecht, die Menschen oft." Jesse Livermore, 20.Jh.


    "Die Demokratie ist das Paradies der Schreier und Schwätzer, Phraseure, Schmeichler und Schmarotzer, die jedem sachlichen Talent weit mehr den Weg verlegen, als dies in einer anderen Verfassungsform vorkommt." E.von Hartmann


    Dieser Beitrag ist eine persönliche Meinung gem. Art.5 Abs.1 GG und Urteil des BVG 1 BvR 1384/16

  • Wenn Sabina keine Neuigkeiten hat, wiederholen sie halt nochmals die vom 28.1.08 ?(


    http://biz.yahoo.com/iw/080326/0379802.html


    Sabina Silver Commences Permitting Process on Its Substantial 100%-Owned Hackett River Silver-Zinc Project, Nunavut - (Originally issued January 28, 2008 )
    Wednesday March 26, 10:53 am ET



    Hoffen wir, dass auch Silber und SBB Moriarty's Explosion mitmacht :) :


    http://www.321gold.com/editori…iarty/moriarty032408.html


    This is going to be a really weird prediction. Last week I nailed the biggest and fastest gold and silver correction in history. It was the best call anyone has made for 28 years on gold. This week I'm going to predict gold shares are going to explode upwards starting immediately. ESPECIALLY the juniors.


    Gruss
    midas

    'Das Gold dem Einzelnen zu entziehen, ihn seines Anspruchs zu berauben, ist ihr Bestreben, während er es vor ihnen zu verbergen sucht. Sie >wollen sein Bestes<< - - - daher nehmen sie es ihm. Sie horten sein Gold in tiefen Tresoren und zahlen mit Papier, das täglich an Wert verliert.'
    ERNST JÜNGER; EUMESWIL, 1977

  • Sabina Silver President and CEO Resigns Due to Family Circumstances: Hackett
    River Project Manager Appointed
    SABINA SILVER CORP SBB
    4/4/2008 5:00:32
    PM
    VANCOUVER, BC, Apr 04, 2008 (MARKET WIRE via COMTEX News Network)
    --


    Sabina Silver Corporation (TSX-V: SBB) announced today that the Board
    of Directors has accepted the resignation of Albert Brantley as President and
    CEO of the Company. In addition, Mr. Don Parker has been appointed Project
    Manager of the Hackett River Project.


    "Regretfully, due to family
    considerations, I must resign as President and CEO of Sabina Silver
    Corporation," said Albert Brantley. "Although I am very disappointed I will not
    be involved in its development, I believe that the Hackett River Project has the
    makings of a world-class asset. I plan to continue in my capacity as President
    and CEO, moving the company and the Hackett River Project forward, until the
    Board of Directors engages my replacement."


    Mr. Brantley was appointed as
    President and CEO of Sabina Silver Corporation in August 2007 and has steadily
    worked to advance technical and permitting activities at the Company's Hackett
    River Project in Nunavut, Canada. The Board of Directors of Sabina has accepted
    Mr. Brantley's resignation as President and CEO of the Company effective May 26,
    2008. However, Mr. Brantley will continue as a Director of the Company moving
    forward and is contributing to the search for his replacement. He has also
    undertaken to continue to assist in the advancement of activities at Hackett
    River.


    "The Board of Directors and the management team understands and
    sympathizes with Mr. Brantley's family concerns," remarked William Cummins,
    Chairman of the Board. "Although we are disappointed that he has resigned, the
    Board and management remain committed to the evolution of Sabina into a
    development company. The search for Mr. Brantley's replacement is in full swing,
    and the Company has entered into discussions with qualified candidates. During
    the interim, we have every confidence in Mr. Brantley's commitment to a smooth
    transition."


    Effective immediately, Mr. Don Parker, P. Eng, has joined
    Sabina as the Project Manager of the Hackett River Project. Mr. Parker has
    forty-five years of experience in senior management, consulting, mine operations
    and engineering with such companies as Esso Minerals Canada, Cominco Ltd and
    Washington Group International. Mr. Parker will be responsible for overseeing
    the feasibility and permitting activities for the Hackett River Project being
    undertaken at present by AMEC Americas and Rescan Environmental Services Ltd,
    respectively, and for moving development forward.


    "We are very excited to
    have someone with Don's experience join our team," said Albert Brantley,
    President and Chief Executive of Sabina Silver Corp. "Not only will he provide
    invaluable input moving the Company and the project forward, Mr. Parker's
    addition will also ensure a smooth transition while we continue the search for
    my replacement."


    Hackett River


    As announced in March 2007 a
    positive Preliminary Economic Assessment (PEA) was completed by Wardrop
    Engineering Inc. in accordance with National Instrument 43-101 guidelines. The
    PEA envisions Hackett River as being capable of achieving average annual
    production of 324.7 million pounds of zinc, 12.4 million ounces of silver, 20.7
    million pounds of copper, 37.0 million pounds of lead and 17.2 thousand ounces
    of gold over a mine life of 13.6 years.


    According to the PEA, a
    discounted cash flow analysis of the Hackett River Project achieves a pre-tax
    net present value of C$345 million at an 8% discount rate with a pre-tax
    internal rate of return of 20.6% and a payback period of approximately 3 years.
    For further information on the Preliminary Economic Assessment, please see the
    News release dated March 5, 2007 at http://www.sabinasilver.com.


    The Hackett
    River Project is currently in pre-feasibility assessment with a revised resource
    estimate expected to be completed during the second quarter of 2008. The
    pre-feasibility study is anticipated to be announced during the fourth quarter
    of 2008.


    The Preliminary Economic Assessment is based on a NI 43-101
    compliant mineral resource estimate completed by Wardrop Engineering in November
    2006.


    SABINA SILVER CORPORATION is a Canadian public mineral exploration
    and development company with assets at the Hackett River silver-zinc project in
    the Canadian Arctic, the Del Norte project in the Stewart-Eskay Creek Mining
    District and several projects in the Red Lake gold camp.


    Sabina Silver
    Corporation is well financed with approximately C$44 million in cash and
    approximately C$6.7 million in marketable securities at December 31,
    2007.


    Forward-Looking Statements


    Statements relating to permitting
    and feasibility work at the Hackett River project and the expected results of
    this work and Mr. Albert Brantley's replacement are forward-looking statements
    within the meaning of securities legislation of certain Provinces in Canada.
    Forward-looking statements are statements that are not historical facts and are
    generally, but not always, identified by the words "expects," "plans,"
    "anticipates," "believes," "intends," "estimates," 'projects," "potential" and
    similar expressions, or that events or conditions "will," "would," "may,"
    "could" or "should" occur. Information inferred from the interpretation of
    drilling results and information concerning mineral resource estimates may also
    be deemed to be forward-looking statements, as it constitutes a prediction of
    what might be found to be present when and if a project is actually developed.
    These forward-looking statements are subject to a variety of risks and
    uncertainties which could cause actual events or results to differ materially
    from those reflected in the forward-looking statements, including, without
    limitation: risks related to fluctuations in gold prices; uncertainties related
    to raising sufficient financing to fund the planned work in a timely manner and
    on acceptable terms; changes in planned work resulting from weather, logistical,
    technical or other factors; the possibility that results of work will not
    fulfill expectations and realize the perceived potential of the Company's
    properties; uncertainties involved in the estimation of metal reserves and
    resources; the possibility that required permits may not be obtained on a timely
    manner or at all; the possibility that capital and operating costs may be higher
    than currently estimated and may preclude commercial development or render
    operations uneconomic; the possibility that the estimated recovery rates may not
    be achieved; risk of accidents, equipment breakdowns and labour disputes or
    other unanticipated difficulties or interruptions; the possibility of cost
    overruns or unanticipated expenses in the work program; the risk of
    environmental contamination or damage resulting from Sabina's operations and
    other risks and uncertainties, including those described in Sabina's Annual
    Report for the year ended December 31, 2006.


    Forward-looking statements
    are based on the beliefs, estimates and opinions of Sabina's management on the
    date the statements are made. Sabina undertakes no obligation to update these
    forward-looking statements should management's beliefs, estimates or opinions,
    or other factors, change.


    This news release has been authorized by the
    undersigned on behalf of Sabina Silver
    Corporation.


    SBBNR-08-04


    Distributed by Filing Services Canada and
    retransmitted by Marketwire



    For further information please
    contact:


    Albert Brantley, President and CEO: 807-766-1799
    Nicole
    Hoeller, Director, IR: 807-766-1799
    Email Contact


    Sabina Silver
    Corporation
    1200-750 West Pender Street
    Vancouver, BC
    V6C 2T8
    Tel:
    807-766-1799
    Fax: 807-343-0232
    Website:
    http://www.sabinasilver.com
    Email: Email Contact



    SOURCE: Sabina
    Silver
    Corporation


    http://www2.marketwire.com/mw/…cntct?id=41AC8C110B21F279
    http://www.sabinasilver.com
    http://www2.marketwire.com/mw/…cntct?id=4E1B876342E22B44
    Copyright 2008
    Market Wire, All rights reserved.

  • Sabina ist momentan auf einem interessanten Niveau. Ich überlege derzeit einzusteigen. Silber steigt wohl nun wieder deutlich an.
    Es gibt auch schon wieder erste Empfehlungen. Zum Beispiel bei Goldreporter: http://www.goldreporter.de/blog/index.php


    Fundamental haben Börsenbriefe wie Pennystockraketen/Rohstoffraketen bei Sabina immer von einem Top-Silber-Explorer gesprochen, neben First Majestic und Orko.
    Der Frick hatte Sabina auch mal ne Zeit lang auf der Liste.


    Kommt Sabina wieder oder nicht?

  • was meint ihr 1.position aufbauen oder noch zuwarten?


    Das frage ich mich jetzt auch.



    das KGV mit Gewinn pro Aktie von 2007 ( 0,07 pro Aktie ) entspricht einem momentanen KGV von 12. Mitlerweile ist die Produktion aber gestiegen, und die Kosten gesenkt worden.


    http://www.sabinasilver.com/do…CorporatePresentation.pdf


    • Initial capital costs of C$527 million; sustaining capital
    of additional C$384 million from positive cash flow
    after Year 3.5 for further underground development
    Cash cost of US$4.44 per oz silver equivalent
    • US$0.22 per pound zinc equivalent
    • High exploration potential for discovery of additional
    deposits within the company’s Hackett River Tenements.
    Drilling in late 2007 defined “Jo Zone” area, with grades
    between 24 to 40% Zn, 300g to 1kg/tonne Ag and high
    copper and lead



    Das alles wurde im März 2008 veröffentlicht. Bisher ist aber keine weitere Infos in 20089 dazu.


    Kann einer von euch mehr dazu sagen.



    Gruß Jürgen

  • Hi,


    Sabina unter 30 Cent. Ich überlege schon länger, ob ich da einsteigen soll.


    Allein deren Cashbestand von über 30 Millionen Can$ ist ja höher als die momentane Bewertung.


    PS:


    Wie läuft es denn derzeit bei Silber/Zinkproduzenten aus Nordamerika bezüglich Rentabilität?

  • [Blockierte Grafik: http://www.kitconet.com/charts/metals/base/spot-zinc-6m-Large.gif] [Blockierte Grafik: http://www.kitco.com/lfgif/ag0365lf_ma.gif]


    Silber & Zinkpreis sind ziemlich im Keller
    Spekulativ koennte man Einsteigen
    Vorraussetzung natuerlich,daß der Markt nicht noch vollkommen abkackt koennte man sich in ein paar Jahren ueber Sabina freuen


    [Blockierte Grafik: http://chart.finance.yahoo.com/c/1y/s/sbb.v]

  • Press Release Source: Sabina Silver Corporation


    Sabina Silver Announces New Hackett River Mineral Resource Update



    Increases of 3% Silver, 10% Zinc and 34% CopperOpen Pit Portion Increases by 40% with No Significant Grade ChangeResource tonnes increase by 7% results in increase in contained metal

    • Wednesday March 11, 2009, 8:30 am EDT


    VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Mar 11, 2009 -- Sabina Silver Corporation (CDNX:SBB.V - News) announced today an updated mineral resource for its 100% owned Hackett River silver-zinc project in Nunavut, Canada.



    HACKETT RIVER
    Hackett River is one of the largest undeveloped Volcanic Massive Sulphide ("VMS") camps of its type in the world and exhibits many similarities to the long producing prolific VMS camps such as Flin Flon and Noranda. After the release of a positive preliminary economic assessment ("PEA") on the Hackett River project in March of 2007, Sabina Silver engaged AMEC Americas Ltd. ("AMEC") to conduct a Pre-feasibility Study ("PFS") on the project. As part of the study, a new mineral resource estimate has been prepared and the subsequent results are increasingly positive.
    "We are very encouraged with the results of the updated mineral resource at Hackett River," said Tony Walsh, Sabina's President and CEO. "What is exciting is the substantial increase in open pit material with sustained grades. The new modelling not only indicates that the existing resource is more robust than originally interpreted, but also confirms our assessment that there is significant potential to add higher value mineralization to the resource base. From an economics perspective, the opportunity to open pit mine the higher grade mineralization first could have substantial impacts on the project reducing mining costs as well as the initial capital payback period. Also, the bulk of the existing resource is within the first 400 meters of surface, providing the opportunity to open pit all deposits, and perhaps allowing the project to defer or eliminate any underground capital required."
    The net results are:
    - Open pit portion of the resource increases 40% from 29.0M tonnes to 40.6M tonnes as improved geological model provides for expanded open pit portion while maintaining overall resource grades.
    - Indicated resource tonnes have increased by 2% with grades for silver and zinc remaining in line with expectations. Overall Inferred resources have increased by 30% in tonnes, 18% in zinc grade, and 15% in copper grade with a 4% decrease in silver grade.
    - All contained metals, silver, zinc, copper, lead and gold have increased, including an additional 7.1M ounces of silver, an additional 448,000 tonnes of zinc, an additional 57,000 tonnes of copper, an additional 12,000 tonnes of lead and an additional 24,000 ounces of gold.
    - Detailed geological modelling has identified two mineralized zones within the Main Deposit (Main East and Main West) previously interpreted to be one zone. The Main West Zone is a high grade lens with grades significantly higher in zinc, silver and copper than the Main East Zone, and offers opportunities to recover the more economic high value mineralization at the beginning of any mining operation.
    - New resource modelling has identified a significant portion of material which with closer spaced drilling could potentially be added to the resource at a future date. Also significant high grade intercepts at the Jo deposit are not included in the current mineral resource and further drilling may bring this deposit into the overall mineral resource.
    - Detailed modeling of all the deposits has identified metal zoning and "hot spots" that point to exploration targets that have better potential to add higher value mineralization. These will be tested in the winter drill program expected to start in early April.
    HACKETT RIVER MINERAL RESOURCES - FEB 2009
    The mineral resource estimate was prepared by Mr. Albert Chong, P. Geo., Senior Geologist of AMEC Americas Limited, for Sabina Silver Corp. as part of an ongoing pre-feasibility study on the Hackett River project. Based on current drill spacing the resources at Hackett have been classified as Indicated and Inferred based on CIM Definition Standards (2005). Significant additional mineralization has been identified but due to wide drill spacing the material has not been included in this mineral resource estimate. The mineral resources have been constrained in order to demonstrate reasonable prospects for economic extraction as described by National Instrument 43-101 including assumptions pertaining to mining methods, metallurgical recoveries, metal prices, mining costs and processing costs. Details are outlined in footnotes with the Mineral Resource Tables. As required by NI 43-101 regulations, the resource estimate technical report will be filed on SEDAR in its entirety within 45 days following the date of this press release.



    Summary Tabulation - Sabina Silver Hackett River Mineral Resource Estimate


    -------------------------------------------------------------
    Zinc Ag Ag
    Category Tonnes Zn% Tonnes g/t Ounces Cu%
    --------------------------------------------------------------------------
    Indicated 7,740,000 4.88 378,000 167 41,510,000 0.25
    East Cleaver -------------------------------------------------------------
    Inferred 2,060,000 4.27 88,000 147 9,710,000 0.15
    --------------------------------------------------------------------------


    -------------------------------------------------------------
    Zinc Ag Ag
    Category Tonnes Zn% Tonnes g/t Ounces Cu%
    --------------------------------------------------------------------------
    Indicated 17,370,000 4.72 820,000 164 91,620,000 0.32
    Boot Zone -------------------------------------------------------------
    Inferred 7,250,000 4.84 351,000 158 36,810,000 0.26
    --------------------------------------------------------------------------


    -------------------------------------------------------------
    Zinc Ag Ag
    Category Tonnes Zn% Tonnes g/t Ounces Cu%
    --------------------------------------------------------------------------
    Indicated 18,230,000 4.49 818,000 115 67,350,000 0.58
    Main Zone -------------------------------------------------------------
    Inferred 5,310,000 4.01 213,000 103 17,500,000 0.45
    --------------------------------------------------------------------------


    -------------------------------------------------------------
    Zinc Ag Ag
    Category Tonnes Zn% Tonnes g/t Ounces Cu%
    --------------------------------------------------------------------------
    Indicated 43,340,000 4.65 2,016,000 144 200,480,000 0.42
    Total
    Resources -------------------------------------------------------------
    Inferred 14,620,000 4.46 652,000 136 64,020,000 0.31
    --------------------------------------------------------------------------


    -------------------------------------------------------
    Cu Pb Au Au
    Category Tonnes Pb% Tonnes g/t Ounces
    --------------------------------------------------------------------
    Indicated 19,000 0.83 64,000 0.33 81,000
    East Cleaver -------------------------------------------------------
    Inferred 3,000 0.73 15,000 0.30 20,000
    --------------------------------------------------------------------


    -------------------------------------------------------
    Cu Pb Au Au
    Category Tonnes Pb% Tonnes g/t Ounces
    --------------------------------------------------------------------
    Indicated 56,000 0.68 118,000 0.27 153,000
    Boot Zone -------------------------------------------------------
    Inferred 19,000 0.59 43,000 0.34 80,000
    --------------------------------------------------------------------


    -------------------------------------------------------
    Cu Pb Au Au
    Category Tonnes Pb% Tonnes g/t Ounces
    --------------------------------------------------------------------
    Indicated 105,000 0.53 96,000 0.32 185,000
    Main Zone -------------------------------------------------------
    Inferred 24,000 0.49 26,000 0.26 44,000
    --------------------------------------------------------------------


    -------------------------------------------------------
    Cu Pb Au Au
    Category Tonnes Pb% Tonnes g/t Ounces
    --------------------------------------------------------------------
    Indicated 180,000 0.64 278,000 0.30 419,000
    Total
    Resources -------------------------------------------------------
    Inferred 46,000 0.57 84,000 0.31 144,000
    --------------------------------------------------------------------
    NOTE: The above table contains summary data, please refer to the attached
    Appendix 1 for complete resource information.

  • Footnotes:


    This mineral resource estimate has been prepared by Mr. Albert Chong,
    P.Geo., Senior Geologist of AMEC Americas Limited. Mr. Chong is a qualified
    person as defined by National Instrument 43-101. CIM Definition Standards
    (2005) have been used in defining the mineral resource categories.


    The mineral resources have been constrained in order to demonstrate
    reasonable prospects for economic extraction as described by National
    Instrument 43-101. The assumptions of amenability to the assumed mining
    methods have been provided by Ms. Margaret Podhorski-Thomas, P.Eng., Senior
    Engineer of AMEC Americas Limited who is a qualified person as defined by
    National Instrument 43-101. Assumed metallurgical recoveries for each
    deposit have been derived from metallurgical test work. The metallurgical
    test work to date is based on using a flotation process to produce saleable
    concentrates containing the metals in the resource estimate in varying
    proportions.


    The effective date of the resource estimate is February 26, 2009.
    An NSR cut-off has been used to establish reasonable prospects for economic
    extraction. Mineral resources amenable to open pit mining methods have an
    NSR cut-off of CAD$20/tonne. Mineral resources below the conceptual open
    pits have an underground NSR cut-off of CAD$60/tonne.


    Long-term metal price assumptions used are US$0.80/lb zinc, US$12.00/oz
    silver, US$1.90/lb copper, US$0.55/lb lead, US$800/oz gold, and exchange
    rate of $1.00 CAD equals $0.85 US. Metal recoveries used to calculate NSR
    values are: Boot Zone- zinc- 86.1%, silver- 77.7%, copper- 73.0%,
    lead- 76.0%, gold- 50.0%, Main Zone - zinc-86.2%, silver- 75.2%,
    copper- 86.0%, lead- 74.0%, gold- 50.0%, East Cleaver - zinc- 86.4%,
    silver- 78.0%, copper- 60.0%, lead- 82.0%, gold- 50.0%. Metal Pay factors
    used for all resources are: zinc- 64%, silver- 89%, copper- 64%, lead- 55%,
    gold- 95%. A 2% NSR Royalty has been applied.


    The contained metal figures shown are insitu. No assurance can be given
    that the estimated quantities will be produced. Silver grades have been
    reported as integers due to analytical precision. Summations within the
    tables may not agree due to rounding.
    RESOURCE COMPARISONS
    The following table illustrates the overall comparisons between the PEA and the AMEC Mineral Resource Estimate.



    ------------------------------------------------------------------
    GRADES


    ALL DEPOSITS


    Ag Au
    Category Study Tonnes (g/t) Zn% Cu% Pb% (g/t)


    INDICATED PEA 42,700,000 150 4.67 0.32 0.69 0.31
    INDICATED AMEC 43,350,000 144 4.65 0.42 0.64 0.30
    ------------------------------------------------------------------
    CHANGE 650,000 (6) (0.02) 0.09 (0.04) (0.01)
    % CHANGE 2% (0%) (0%) 29% (6%) (3%)
    ------------------------------------------------------------------


    Ag Au
    Category Study Tonnes (g/t) Zn% Cu% Pb% (g/t)


    INFERRED PEA 11,260,000 142 3.77 0.27 0.52 0.31
    INFERRED AMEC 14,610,000 136 4.46 0.31 0.57 0.31
    ------------------------------------------------------------------
    CHANGE 3,350,000 (6) 0.69 0.04 0.06 0.00
    % CHANGE 30% (4%) 18% 15% 11% 0%
    ------------------------------------------------------------------
    Table 2: Mineral Resource Comparison, Tonnes and Grade


    Note: PEA equals Wardrop Preliminary Economic Assessment, effective
    date December 31, 2006 and AMEC equals Mineral Resource Estimate
    effective date 26-Feb-2009.



    -------------------------------------------------------------------
    PRODUCTS


    ALL DEPOSITS


    Ag Zn Cu Pb Au
    Category Study oz Tonnes Tonnes Tonnes oz


    INDICATED PEA 205,800,000 1,996,000 138,000 293,000 426,000
    INDICATED AMEC 200,490,000 2,017,000 180,000 279,000 419,000
    -------------------------------------------------------------------
    CHANGE (5,310,000) 21,000 42,000 (14,000) (7,000)
    % CHANGE (3%) 1% 30% (5%) (2%)
    -------------------------------------------------------------------


    Ag Zn Cu Pb Au
    Category Study oz Tonnes Tonnes Tonnes oz


    INFERRED PEA 51,540,000 425,000 31,000 58,000 113,000
    INFERRED AMEC 64,000,000 652,000 46,000 84,000 144,000
    -------------------------------------------------------------------
    CHANGE 12,460,000 227,000 15,000 26,000 31,000
    % CHANGE 24% 53% 48% 45% 27%
    -------------------------------------------------------------------

  • Table 3. Mineral Resource Comparison, Contained Metal


    Note: PEA equals Wardrop Preliminary Economic Assessment, effective
    date December 31, 2006 and AMEC equals Mineral Resource Estimate
    effective date 26-Feb-2009.
    MAIN ZONE
    The table below illustrates the significantly higher value mineralization contained in the Main West Zone. In previous models, the Main deposit was interpreted as one folded deposit. Reinterpretation indicates two separate lenses within the main zone deposit and is now the current interpretation (Main East and Main West). This is encouraging news as Sabina's resource models are standing up to a higher level of scrutiny resulting in higher grades as internal dilution is being better defined.
    The Main Zone East is proximal to the previously identified high grade Jo Zone and 2009 drilling will test for indications that these two deposits are connected.


    -------------------------------------------------------------------
    Category Zone Silver Zinc Copper Lead Gold
    -------------------------------------------------------------------
    g/t % % % g/t



    INDICATED Main Zone West 137 6.23 0.70 0.68 0.41
    INFERRED Main Zone West 119 5.78 0.38 0.61 0.30


    INDICATED Main Zone East 96 2.99 0.46 0.40 0.23
    INFERRED Main Zone East 86 2.28 0.49 0.37 0.22
    -------------------------------------------------------------------
    NOTE: The above table contains summary data, please refer to the
    attached Appendix2 for complete resource information.


    Table 4. Mineral resource grade comparison between the West and East
    components of the Main Zone (preliminary open pit portion only).
    From ongoing AMEC pre-feasibility study.
    EXPLORATION
    The new geological model provides the exploration group with a useful tool to identify metal zoning areas and vector toward metal "hotspots" that are richer in higher value metals such as copper, silver and gold. These will be the high potential targets tested in this year's program. Current targets include the area between Jo and Main zone and the north-west extension of the higher grade West Lens at the Main Deposit.
    As the new models indicate grades and opportunities that could dynamically change the project, these developments at Hackett River will need to be incorporated into any engineering studies going forward.
    Quality Assurance
    Mr. John Wakeford, P.Geo. and a Qualified Person in accordance with NI 43-101 has reviewed the resources referred to above and attached and has approved their dissemination.
    SABINA SILVER CORPORATION is a Canadian public mineral exploration and development company with assets at the Hackett River silver-zinc project in Nunavut and several projects in the Red Lake gold camp. The Company is well capitalized with approximately $40 million in cash and marketable securities at December 31, 2008. The strategy to grow the company focuses on two mandates: 1) to continue to focus on enormous exploration and development potential of Hackett River Silver-Zinc project; and 2) Maintain strong balance sheet to acquire accretive precious metals assets.
    Forward Looking Statements
    Statements relating to exploration, pre-feasibility, development and production and the expected results of this work are forward-looking statements within the meaning of securities legislation of certain Provinces in Canada. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", 'projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Information inferred from the interpretation of drilling results may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a project is actually developed. These forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation: risks related to fluctuations in metal prices; uncertainties related to raising sufficient financing to fund the planned work in a timely manner and on acceptable terms; changes in planned work resulting from weather, logistical, technical or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the Company's properties; risk of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in the work program; the risk of environmental contamination or damage resulting from Sabina's operations and other risks and uncertainties, including those described in Sabina's Annual Report for the year ended December 31, 2007.
    Forward-looking statements are based on the beliefs, estimates and opinions of Sabina's management on the date the statements are made. Sabina undertakes no obligation to update these forward-looking statements should management's beliefs, estimates or opinions, or other factors, should change.
    This news release has been authorized by the undersigned on behalf of Sabina Silver Corporation
    Tony Walsh, President & CEO
    To view the appendix accompanying the release please click on the following link: http://media3.marketwire.com/docs/sbb_appendix.pdf.



    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.



    Contact:


    Contacts:
    Sabina Silver Corporation
    Nicole Hoeller
    Director, IR
    1-888-648-4218
    (604) 998-1051 (FAX)
    Email: nhoeller@sabinasilver.com
    Website: http://www.sabinasilver.com

  • Zitat

    was meint Ihr so zu Sabina? Jetzt kaufen oder warten bis die wieder billiger wird


    Ich habe meine SBB vor 2 Wochen mit stattlichem Gewinn verkauft.....sollte sie zurückkommen werde ich wieder reingehen....im Moment sieht sie ein bisschen toppy aus.....was aber nicht heisst, dass sie bei weiterem bullischen Preisverlauf des Silbers nicht noch ein beachtilches Stück nach oben gehen kann ......ich habe realisiert....

Schriftgröße:  A A A A A