SOURCE: Sabina Silver Corporation

March 26, 2008 10:30 ET

Sabina Silver Appoints New Director of IR - (Originally Issued January 16, 2008)

THUNDER BAY, ON--(Marketwire - March 26, 2008) - Sabina Silver Corporation (TSX-V: SBB) (PINKSHEETS: SBBFF) is pleased to announce the appointment of Nicole Hoeller to the position of Director of Investor Relations for the Company, effective January 15, 2008. Ms. Hoeller's responsibilities will encompass marketing to institutional and retail investors, brand imaging of the company, corporate development as it relates to communications as well as community relations. Ms. Hoeller will be based in Vancouver.

"Sabina's continued growth from exploration into development requires us to grow our team," said Albert Brantley, Sabina's President and CEO. "We continue to search for key management people to enable us to achieve our objectives, and I welcome Nicole to Sabina's executive team. Also, Nicole's experience in the North fits very well with our existing community relations initiatives and the already strong relationships we have established in Nunavut."

Before joining Sabina, Nicole Hoeller was Director, IR for Miramar Mining Corporation (also with a project in Canada's Arctic) where she was part of the successful management team that grew Miramar from a C$175 million company to a company that was recently acquired for C$1.5 billion.

Along with her 10+ years of experience in investor relations and communications in the industry, Nicole has also spent extensive time traveling in the Arctic, talking and consulting with communities, Inuit organizations and all levels of government about the benefits and impacts of mining in Canada's North.

SABINA SILVER CORPORATION is a Canadian public mineral exploration and development company with assets at the Hackett River silver-zinc project in the Canadian Arctic, the Del Norte project in the Stewart-Eskay Creek Mining District and several projects in the Red Lake gold camp.

Sabina Silver Corporation is well financed with approximately C$44 million in cash ($91 million fully diluted) and approximately C$6.7 million in marketable securities. The company is fully financed to carry out a bankable feasibility study of the Hackett River Project. A positive Preliminary Economic Assessment was completed in March 2007 by Wardrop Engineering and a Prefeasibility Study is expected to be completed in 2008.

The Company has granted 200,000 stock options exercisable at the price of $2.05 per share for a period of five years.

For more information on the company, please see our website at www.sabinasilver.com.

Contact Information

  • For further information, please contact:

    Albert Brantley
    1004 Alloy Drive
    Thunder Bay, Ontario P7B 6A5
    Phone: 807-766-1799

    Fax: 807-343-0232
    Email: Email Contact