Sabina Gold & Silver Corp. announced that the company has begun drilling at its 100% owned Back River gold project, Nunavut. Sabina has committed to a significant work program on its 100% owned Back River gold project for 2012. The company has recently opened the camps at George and Goose where resupply efforts continue and drilling has begun. Sabina ended 2011 with a solid cash position of $160 million. In 2012, the Company plans to spend approximately $70 million on its exploration programs, environmental and engineering work and G&A. Approximately $60 million of this budget will be focused on advancing the existing Back River resource towards development as well as looking for new discoveries on the Back River claims and Wishbone. The company announced that Mr. Jason Hynes will be joining the company effective March 6, 2012 as Vice President, Corporate Development. Jason's role will include exploring how the company's assets, particularly its significant silver royalty on Hackett River, could play a role in reducing the financing and development risk at the Back River project. Mr. Hynes spent the past seven years assisting mining companies in investment banking at National Bank Financial's Mergers & Acquisitions group in Toronto in 2005 before moving to their Global Mining & Metals group in 2006 where he was most recently a Director in the Vancouver office. Jason holds an Honours B.Sc. (Elec. Engineering) from Queen's University at Kingston and an MBA from the University of Toronto's Rotman School of Management.