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Sabina Resources Limited

Sabina Resources Limited - Drilling Continues to Expand Bonanza-Follansbee Red Lake Gold Zones - Step-Out Drilling Intersects 29.89g/t Au Across 2.0 Meters

Thunder Bay, Ontario (ots/PRNewswire)

- Shares Issued: 36,524,244
Sabina Resources Limited (SBB:TSX-V) is pleased to announce an
update  from its 60%-owned Follansbee Joint Venture Project (40%
Wolfden Resources  Inc. (WLF:TSX)). The Follansbee Property hosts
significant gold  mineralization in the Red Lake gold camp. Joint
Venture partner Wolfden  reports (August 30, 2005) that recent deep
drilling has intersected  multiple zones of silicification and
mineralization at depths of up to 500  meters on the adjoining
Bonanza Property (100% Wolfden).   Hole 05WB-38,  the furthest
step-out hole drilled to the southwest to-date, intersected  29.89g/t
Au across 2.0 meters associated with an ultramafic dike.
Drilling has intersected gold mineralization in multiple horizons
over  a strike length of more than 500 meters across the Bonanza and
Follansbee  Properties. The primary zones are named the Follansbee,
Rahill and Bonanza  Zones. The northerly Follansbee and Rahill Zones,
previously referred to as  the "Conglomerate Zone" and the
"Silicified Zone" respectively, are  contained primarily within
silicified conglomerate/greywacke rock units  containing trace to 10%
sulphides. The southerly Bonanza Zones, previously  referred to as
the "Sulphide" Zone, is contained primarily within  silicified iron
formation and/or argillite rock units containing trace to  20%
sulphides. All zones display vertical and horizontal continuity and
contain significant widths of near-surface mineralization, suggesting
the  potential to develop a "bulk tonnage" gold deposit. Three drills
continue  to expand mineralization that remains open both along
strike and down dip.
Drilling continues to intersect broad zones of gold mineralization
in a  near-surface setting and narrower, high-grade gold that may be
targets for  underground mining. Holes 34 and 35 were drilled to the
southwest to better  define an area where a cross-cutting intrusive
displaces the gold zones.  The following table provides a summary of
new assays received from the  drill program:
    Hole      Grid        Dip/    Intersection    Int.    Int.   Au     Au
     No.      Coord-     Azimuth      (m)         (m)     (ft) (g/t) (oz/ton)
             inates (m)
    05WB-31  350E 975S   -45/360  148.55-160.00  11.45    37.6   2.56   0.07
              Bo-Incl.            148.55-150.00   1.45     4.8  11.89   0.35
    05WB-32  250E 1025S  -51/360  278.00-286.00   8.00    26.2   5.22   0.15
              Bo-Incl.            279.00-282.00   3.00     9.8   8.29   0.24
                Fo                327.00-350.37  23.37    76.7    3.1   0.09
               Incl.              337.00-339.00   2.00     6.6    7.6   0.22
                Fo                372.12-375.69   3.57    11.7   4.08   0.12
    05WB-33  350E 1050S  -45/360  250.90-303.00  52.10  170.90   2.77   0.08
             Bo - Incl.           264.10-267.20   3.10   10.20  14.26   0.42
    05WB-34  050E 1150S  -45/360 No Significant  Assays   Dike
    05WB-35   0E 1200S   -45/360  131.00-135.00   4.00   13.10   1.40   0.04
                           Zone   displaced by    dike
    05WB-36  250E 1000S  -45/360   24.00-25.36    1.36    4.46   4.01   0.12
                 Bo    Additional  41.00-57.00   16.00   52.49   1.41   0.04
                Bo-2               81.00-82.00    1.00    3.28  24.18   0.71
                 Fo               118.00-141.40  23.40   76.77   3.03   0.09
                Incl.             136.00-141.00   5.00    16.4   5.94   0.17
                 Fo               144.00-153.00   9.00   29.50   3.01   0.09
                 Fo               167.00-173.00   6.00   19.69   2.42   0.07
                 Fo                   Assays    Pending
    05WB-37  300E 1025S  -45/360    85.00-86.75   1.75    5.74   2.95   0.09
                 Bo    Additional 116.90-120.20   3.30   10.83   2.90   0.08
                 Bo               138.35-153.10  14.75   48.39   2.50   0.07
                 Fo                   Assays    Pending
    05WB-38  050W 1225S  -45/360  208.00-210.00   2.00    6.56  29.89   0.87
                       Additional     Assays    Pending
    Fo - Follansbee Zone     Rh - Rahill Zone     Bo - Bonanza Zone
Gold mineralization at Bonanza and Follansbee 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 - to-date,
numerous ultramafic rock units have been intersected  on the Bonanza
and Follansbee Properties. Red Lake is world renowned for
high-grade gold, with Placer Dome's Campbell Gold Mine and Goldcorp's
Red  Lake Mine, located approximately 3 kilometers to the east of
Bonanza- Follansbee, being two of the highest grade gold mines in the
world.
Core at Bonanza has been split, with half sent to Accurassay
Laboratories for fire assay. Wolfden employee Mr. Dave Laudrum,
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.

Contact:

For further information: 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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