Seabridge Gold Inc (TSX:SEA)Mining
Seabridge Gold Inc is a development company that focuses on acquiring, exploring, and growing gold reserves.
The company's asset portfolio comprises potential properties across Canada and the United States, including:
Located in British Columbia, the company KSM project in June 2000, following an agreement with Placer Dome. It is reportedly the most underdeveloped gold reserve in the world.
According to an updated preliminary feasibility study, a total of 38.8 million ounces of yellow metal and 10.2 billion pounds of copper proven and probable reserves were estimated, the company claims.
Courageous Lake, Northwest Territories
The company has 100 per cent interest in the property representing a collection of mineral licenses and leases, including 76 territorial claims and three federal claims. The company claims it contributes an average annual production of 385,000 ounces of gold with a mine life of 15 years.
It is a gold-copper porphyry target at Quartz Rise, located east of the KSM project in British Columbia. Following the acquisition of SnipGold in June 2016, the company earned 100 per cent interest in the project.
It is a high-grade gold deposit located in Nevada, the United States. The property represents 964 unpatented lode mining claims.
Aces Gold Project
On May 26, 2021, the company acquired 100 per cent interest in the project from Gold Predator Mining Corp, located in Canada's Yukon Territory. The property represents orogenic gold reserves with over 1500 claims spread in 350-kilometer square area.
Seabridge is reportedly focusing on strategically disinvestment of non-core assets that are unlikely to add value to the company's long term growth objectives.
The Toronto-based company claims to offer profitable returns to investors maximizing leverage in an increasing global gold price scenario.
Seabridge Gold retains an interest in three non-core assets: Grassy Mountain Project in Malheur County, Oregon; Quartz Mountain Project in Lake County, southern Oregon and KSP Project.
Seabridge Gold Inc claims to focus on acquiring and exploring high potential gold projects across North America.
It is a Toronto Stock Exchange-listed company with stocks trading under the symbol 'SEA'.
106 Front Street East, Suite 400, Toronto, On, Canada, M5A 1E1
1 416 367 9292