Sabina Gold & Silver Corp. announce it has finalized the lump sum contract with a northern constructor to build the process plant and ancillary buildings at its Goose Mine on its 100% owned Back River Gold District in Nunavut, Canada. The Goose Mine is the Company's first mine on the 80 km long Back River Gold District, a multi-generational mining district with a demonstrated high-grade world class gold endowment.

CGT has provided Sabina with a fixed priced contract of CAD 139 Million for materials and labour to construct the process plant including: crushing circuit, grinding circuit, CIL circuit, pre-leach and tails thickener with tails pumping, gold room, E-houses, control room, O2 plant, fresh water, truck shop, and fire water systems. Additional scope has been added to the original bid proposal which includes the power plant and the Port fuel farm. The contract includes an agreed rise and fall mechanism and other mechanisms to adjust for changes in bid quantities due to design growth and scope changes. These components make up approximately 85% of the direct works on site.