Sabina Silver announces Hackett River study update

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Thu, Oct 16, 2008
Silver Company News
Post by Melissa Pistilli, Silver Senior Reporter

Sabina Silver Corporation reports on work progressing at its 100% owned Hackett River silver-zinc project in Nunavut, Canada.

Hackett River is a major silver-zinc deposit located approximately 75 kilometres from tide water in the Canadian arctic. Not only is it one of the largest undeveloped silver deposits of its type in the world, but it is located in one of the world’s most appealing mining jurisdictions. Nunavut Territory, Canada, is a pro-mining jurisdiction subject to a rigorous achievable permitting process.

Tony Walsh, President & CEO of Sabina Silver says:

“It is essential, in today’s economic environment, that the study is completed in a manner that is conservative but realistic, especially in light of anticipated increases in capital and operating costs.”  “Work continues to identify opportunities for optimizing project economics for the pre-feasibility study as well as to look for opportunities to grow Hackett River. As previously announced a recent Hackett River exploration review indicates excellent potential for the discovery of additional resources.”

For full details of this press release, click this link. Silver Investing News researchers discovered Sabina Silver’s projects described on their website. Follow developments in silver mining and exploration for free.
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