Off The Wire
Sabina suspends Goose drilling as precaution due to COVID-19
(Kitco News) - Sabina Gold & Silver Corp. (TSX: SBB) is deferring its spring drilling program at the Goose site on its Back River gold project in Nunavut, Canada, until later this year as a precautionary measure due to the COVID-19 virus outbreak around the world, the company said Tuesday.
In addition, the company is implementing a work-from-home policy for employees in the Vancouver corporate office.
The company said no COVID-19 cases have been reported among its employees. However, since the Goose site is only accessible by air, the company is suspending drilling because if an employee or contract worker were to develop symptoms, staff would have a difficult time properly isolating the person or providing the best health care.
Further, Sabina said it is decelerating project-development activities until the environment becomes more stable.
“We are simply following advice from federal, provincial and territorial health authorities to do our part to flatten the curve of this virus,” said Bruce McLeod, president and chief executive officer. “In addition, in times like these, people need to be with their families.”
He described the Back River Project as well funded.
“Delaying project-development activities will not create any issues with existing permits or agreements, as we have a great deal of flexibility on the timeline of future development of the Back River gold project,” McLeod said.