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Gold/Mining/Energy : Golden Triangle

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From: klinker	10/16/2012 5:16:21 PM
	of 493

sabinagoldsilver.com CURRENTLY INACTIVE Del Norte, Stewart Mining District, British Columbia Sabina optioned the Del Norte property in September 2005. Following the 2007 exploration program Sabina earned a 50% interest in the property by spending $2.5 million on exploration over 4 years and made cash payments of $240,000. Sabina may, at its discretion, increase its interest to 65% by taking the project through a feasibility study. Lateegra Resources Corporation retains a 1% NSR on the property. Sabina's partner is Teuton Resources Corp. The Del Norte property consists of a contiguous group of 20 claims situated in Stewart Mining Division, British Columbia. It is located approximately 30km east of the town of Stewart. The property is accessible by helicopter from Stewart. Logging roads extend to within approximately 12 km of the western boundary of the property. The property is located approximately 70km from Pretium Resources' Brucejack Project. Drill results from the 2006 program included a 47m interval of 1.77 g/t gold including 32m of 2.52 g/t from hole SDN-06-02. The 2007 work program involved a 9 hole drill program to test the down-dip and strike extent of the "3 Oz" Vein system. The drill program tested the "3 Oz" Vein system over a strike length of approximately 175 m and over a vertical extent of approximately 300 m. Assay highlights from the drill program were 4.25 g/t Au over 3.90 m, including 6.75 g/t Au over 0.90 m from hole SDN-07-03. The highest silver value of the drill program was an isolated high value of 2,810 g/t Ag over 1.00 m, also from hole SDN-07-03. The step-out drilling revealed that the "3 Oz" Vein system thins and horsetails out along strike to the north and south. No work has been done on the property since 2008. A reconnaissance program is being contemplated to assess other exposed outcrop targets on the property revealed by ice recession.

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