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Back River’s new owner says Goose gold mine build on schedule – Nunatsiaq News

Apr 27, 2023

B2Gold Corp. finished acquisition of Sabina Gold and Silver Corp. earlier this month

Touted as one of the highest-grade, undeveloped gold deposits in the world, the Back River Gold project officially has a new owner.

B2Gold Corp.’s president, Clive Johnson, introduced himself at the Nunavut Mining Symposium Wednesday, just after his company announced it has finished its acquisition of Sabina Gold and Silver Corp and its Back River Gold project.

“We’re extremely excited to be here,” he said during the symposium’s projects update session, where mining companies shared what’s new about their operations.

B2Gold announced in February it would acquire Sabina for approximately $1.1 billion. The Vancouver-based company finalized the purchase on April 19.

Back River is an 80-kilometre belt of gold deposits in the Kitikmeot region about 500 kilometres northeast of Yellowknife.

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