Sabina Resources Limited

Sabina: Surface Channel Sampling Gold Results at Follansbee Red Lake Confirm Continuity of Drill Results to Surface

    Thunder Bay, Ontario (ots/PRNewswire) -

    - Shares Issued: 36,524,244

    Sabina Resources Limited (TSX-V:SBB) is pleased to announce that surface  sampling and diamond drilling results to date show consistent gold assay  results and continue to intersect significant gold grades in several  sub-parallel zones identified on the Company's 60% owned Follansbee Joint  Venture Property (40% Wolfden Resources Inc. TSX:WLF) in the Red Lake Mining  District. The near surface, bulk tonnage gold deposit model emerging at  Follansbee adds a new dimension to future production possibilities in the  Red Lake gold camp.

    Recent surface channel sampling on a mechanically stripped outcrop area  on the Follansbee Property returned an interval of 3.01 g/T gold over 12. 95m (95% true width) where exposed on surface, including a higher grade  interval of 4.45 g/T gold over 6.60m. The surface mineralization is  situated approximately 50m east and up-dip from Sabina's previously  reported intersection of 5.05 g/T gold over 34.95m in Hole SWF-05-20 (July  11, 2005). Recent extension of Hole 05WB-27 into a horizon 250m west of the  surface sampling, also obtained a composite interval of 8.66 g/T gold over  22m (true width estimated at 50-70% of core interval) in a similar horizon.  The surface sampling is also located 250m east of a drill intersection of 2.15 g/T gold across 82.55m (Hole 05WB-06) in a similar horizon on the  Follansbee Property (previously reported July 11, 2005).

    The horizon of interest is called the "Conglomerate Zone" and consists  of mineralized, silicified conglomeratic metasediments in contact with  silicified greywacke rocks wholly contained within a sedimentary sequence  and is believed to represent one of least three potentially bulk-mineable  zones on the Follansbee Property.

    Newly exposed silicified and sulphide mineralized rocks have also been  observed in outcrop for over 200m to the northeast. Pressure washing,  detailed geological mapping and systematic channel sampling are in progress.  Two drills are currently drilling onto the Follansbee Property and a  drill proposal is being prepared to infill the Conglomerate Zone on 50m  centres to verify continuity and grade characteristics.

    Drilling to date has intersected gold mineralization in additional horizons over a strike length of more than 500 meters across the Follansbee  and adjacent Bonanza Property (100% Wolfden). These are referred to as the  "Sulphide" and "Silicified" Zones, interpreted to be sub-parallel fault  controlled horizons displaying both vertical and horizontal continuity both  on the Follansbee JV Property and the Bonanza Property. Both horizons  contain significant widths of near-surface mineralization in addition to  evident shoots of higher-grade gold mineralization such as that previously  reported by Sabina (June 20, 2005), suggesting good potential to develop a  "bulk tonnage" gold deposit at Follansbee and Bonanza with very favorable gold grade characteristics. Mineralization remains open both along strike  and down dip.

    Gold mineralization at Follansbee and Bonanza occurs along the main Red  Lake "Mine Trend" in a major east-west shear/alteration zone, proximal to a  contact phase between Bruce Channel sediments and Balmer Assemblage  volcanics containing ultramafic rock units. High-grade gold in the Red Lake  Greenstone belt is often found in high strain zones proximal to ultramafic  rock units. Ultramafic rock units have been intersected on the Bonanza and  Follansbee Properties. Red Lake is world renowned for deep high-grade gold, with Placer Dome's Campbell Gold Mine and Goldcorp's Red Lake Mine, located  approximately 3 km to the east of Follansbee Property.

    Diamond drill core at Follansbee has been split, with half the core  retained at secure facilities in Red Lake and half sent to Accurassay  Laboratories, Thunder Bay for fire assay with atomic absorption finish. Mr.  David S. Hunt, P.Geo., is the qualified person for the information  contained in this press release and is a Qualified Person within the  meaning of National Instrument 43-101.

    A recent assay highlights plan from the Follansbee and Bonanza properties may be viewed at www.sabinaresources.ca/documents/property- july22-2005- FollansbeeBonanzaRedLake.pdf.

    Sabina Resources Limited is a Canadian public mineral exploration and  development company with assets in the Red Lake gold camp and at the  Hackett River silver and zinc-rich base metal property in Nunavut. Sabina  is debt free and has a strong treasury. Given the strength of its asset mix,  Sabina's objective is the addition of significant value through active  exploration.

    The statements made in this Press Release may contain forward looking  statements that may involve a number of risks and uncertainties. Actual  events or results could differ materially from the Company's expectations  and projections.

    The TSX Venture Exchange does not accept responsibility for the accuracy or the adequacy of this release.

    Visit our web site at www.sabinaresources.ca

ots Originaltext: Sabina Resources Limited
Im Internet recherchierbar: http://www.presseportal.ch

Contact:
For further information: please contact: Abraham Drost, P.Geo.,
President, 309 Court Street South, Thunder Bay, Ontario, Phone:
+1(807)-766-1799, Fax: +1(807)-345-0284, Email:
info@sabinaresources.ca, Visit our web site at www.sabinaresources.ca



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