LEX CORP NEWS LETTER

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Corporate Presentation: http://www.sabinagoldsilver.com/s/Presentations.asp

I have been watching and recommending Sabina Gold and Silver around $1.50 to as high as $2.06.  I believe with the current resource it has in silver and gold this stock is cheap. Plus,..they have aprox. $40mil. in cash with only 114mil. shares outstanding.  The company is currently drilling their projecst and building their resource.  Today, they announced a new Gold Discovery at their Back River Project, Nunavut.  Here is a 3D model of the drilling at their Back River Project: http://www.corebox.net/properties/back_river/

I am rating Sabina Gold and Silver- SBB.to: Strong Buy 12mth target $5.00 and a take over target.  

About Sabina Gold and Silver

Sabina Gold & Silver Corp. is an emerging precious metals company with district scale, world class undeveloped assets in one of the world's newest, most politically stable mining jurisdictions: Nunavut, Canada.

The properties consist of the Hackett River silver-zinc Project, the Back River Gold Project, both advanced exploration properties, as well as the Wishbone Claims, a vastly prospective grass roots project.

The combined holdings total approximately 3,000 square kilometres and cover the largely unexplored Wishbone Greenstone belt.

Hackett River is one of the largest undeveloped silver - zinc volcanic massive sulphide ("VMS") deposits in the world with indicated resources totalling 43.6 million tonnes with diluted (recovery) grades of 4.15% zinc, 129 g/t silver, 0.35% copper, 0.58% lead and 0.27 g/t gold. An additional inferred open resource totalling 16.0 million tonnes with diluted (recovery) grades of 3.53% zinc, 111 g/t silver, 0.24% copper, 0.46% lead and 0.25 g/t gold is also contained at Hackett River.

The Back River Project is comprised of the George and Goose Lake gold deposits and contain measured & indicated gold resources of 3.4 million tonnes grading 10.9 g/t Au for 1.19 million ounces and inferred resources of 3.6 million tonnes grading 10.2 g/t Au for 1.16 million ounces of gold.

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