The proceeds from the financing will be used to fund general working capital requirements and a 2019 drill program at the company's Snowstorm Project located in Nevada.
Seabridge Gold Mining News
Seabridge has staked an additional 277 claims totaling 5,540 acres that are contiguous to the purchased claims.
The company expects both the province and the federal government environmental decisions on the gold-silver project to be issued in the third quarter of the year.
Winter drilling has identified two new gold zones, Olsen and Marsh Pond, with widths and grades suggesting they could make a contribution to project resources similar to the Walsh Lake Deposit discovered by Seabridge in 2012.
The proceeds from the financing will be used to fund a 2018 exploration program at the Company's KSM project in Northwestern British Columbia, Canada.
Seabridge Gold has bulked up again its already massive KSM gold-copper-silver project in northern British Columbia in both size and grade.
The Toronto-based miner is carrying out a comprehensive environmental remediation program at its Iskut project.
With an advanced project being looked at by potential partners, and another producing precious metal results, several analysts rate this explorer a "Buy."
Canada’s National Contact Point (NCP) said complains from an Alaskan group don't merit further examination, closing the file after only the initial assessment level of review.
The 25-year permit for Seabridge’s KSM is key for the construction, operation and maintenance of a water storage facility.
Seabridge Gold today announced that results from the final three core holes drilled this year at Deep Kerr successfully filled in the gaps required to support a southern extension of the deposit.
Updated study shows it would cost $5 billion, or over 20% of Barrick Gold's current market value.
Calling the new preliminary economic assessment for Seabridge Gold's KSM "a big improvement for a unique massive Au-Cu project," Paradigm Capital believes the company will continue to build value for investors.
Seabridge Gold, the company behind the massive KSM project in northern B.C., has identified a large, untested target at Iskut.
Higher upfront costs but better ROI on massive gold-copper mine: Seabridge Gold.
Seabridge Gold is building a 2.1km adit for underground exploration at its 100%-owned KSM property, the world's largest gold-copper project by reserves.
Study ups production rate at Seabridge's $5.5 billion gold-copper project in BC by nearly a third, pushing per ounce operating costs into negative territory.
Seabridge's KSM project in BC, world's largest undeveloped gold deposit, comes under attack from non-profit founded by Sierra Club chairman.
$9.5bn KSM project in British Columbia boasts reserves of 38m ounces of gold and nearly 10bn pounds of copper – mining 130,000 tonnes a day for 52 years.
Granting of certificate builds certainty for BC's mineral explorers and developers.
The $5.3 billion KSM project is located on the site of one of the largest copper gold deposits in the world.