Mr. Bruce McLeod reports

SABINA GOLD & SILVER ANNOUNCES JOHN WAKEFORD JOINS AS ADVISOR/CONSULTANT TO EXPLORATION TEAM

John Wakeford, PGeo, will be joining Sabina Gold & Silver Corp. as an adviser/consultant to the exploration team.

Mr. Wakeford joined the Sabina team in 2008 as senior executive vice-president, corporate development, of the company. In 2012, Mr. Wakeford retired from his office at Sabina and was appointed to the board of directors of the company. This year, he agreed to step down from his board position to once again take a more hands-on approach to exploration and discovery at Back River, and has joined the company as a consulting adviser to the exploration team.

Mr. Wakeford's experience has been invaluable in unlocking the geology both at the Hope Bay belt while at Miramar (now owned by TMAC Resources) and Sabina's Back River belt after the company's purchase of the project in 2009.

Mr. Wakeford has spent more than 30 years in worldwide exploration, with extensive experience in Archean greenstone deposits, including the Hemlo and Timmins gold camps. His experience includes 21 years with Noranda Inc., where, among other things, he played a key role in the discovery and evaluation of the Holloway gold deposit.

He brings a unique, innovative approach to gold exploration that has proven very successful.

Since acquiring the Back River project in 2009 and under Mr. Wakeford's exploration leadership, Sabina made three significant new discoveries within a year, leading to a rapid resource increase of approximately 325 per cent. The discoveries at Llama, Umwelt and Echo at the Goose property comprise the critical mass of resources to enable the company to progress toward development and production.

"The bulk of the drilling at Back River over the past four years has been directed toward expanding and infill drilling our new discoveries. Much of this work was incorporated into our recently released positive feasibility study on the project," said Mr. Wakeford. "Also, during the resource drilling period, a significant amount of information and data was collected over a short period of time. This information makes it clear that the Back River project and especially the Goose property have only begun to demonstrate the true district-scale potential of the project. Sabina has increased its understanding of the deposits, leading to improved targeting which we are now taking the time to assess. This ongoing exercise has defined a high number of excellent exploration opportunities for large, near-surface targets. I am looking forward to working with Sabina's exploration team to further advance this very prospective belt."

The Back River gold belt is located in the West Kitikmeot region of Nunavut, Canada, and is situated approximately 75 kilometres from tidewater at Bathurst Inlet. The project is made up of a series of five claim blocks, of which only two (Goose and George) have been the primary focus of exploration and resource development to date. The project currently hosts measured and indicated resources of 28 million tonnes grading 5.87 grams per tonne Au for a total of 5.3 million ounces of gold, and an additional 7.8 million tonnes grading 7.43 g/t Au for a total of 1.9 million ounces of gold.

The company is evaluating opportunities for initial production on the project that would require reduced capital expenditures while still providing significant gold production. The targets on the Back River belt offer a pipeline for future expansion for Sabina.

Quality assurance

The mineral resource estimates for the Back River gold project were prepared by D. Nussipakynova, PGeo, and A. Fowler, PhD, MAusIMM, CP (Geo), both from AMC and qualified persons under National Instrument 43-101.

The qualified persons under NI 43-101 for Sabina Gold & Silver are Angus Campbell, PGeo, vice-president, exploration, and Wes Carson, PEng, vice-president, project development, who have reviewed the content of this news release and approved its dissemination.

We seek Safe Harbor.