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Article: Sabina Gold & Silver Corp. Announces Update to Hackett River Preliminary Economic Assessment; Project continues to demonstrate robust economics IRR of 25.9%: 5% discounted NPV of $975M and $1.8B cash flow.
- Article from:
- Marketwire Canada
- Article date:
- November 12, 2009
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VANCOUVER, BRITISH COLUMBIA, Nov 12, 2009 (Marketwire via COMTEX) -- Sabina Gold & Silver Corp. (SBB) (TSX:SBB) is pleased to announce today the results of an updated 43-101 compliant Preliminary Economic Assessment ("PEA") completed by PEG Mining Consultants ("PEG") on the Hackett River silver-zinc project in Nunavut, Canada.
The PEG PEA updates an original study released in 2007 completed by Wardrop Engineering Inc. ("Wardrop"). The new study incorporates more detailed information and considers changes in the project scope based on new developments at Hackett River including the new resource model and metallurgical recoveries announced earlier this year, along ...