Profile: Seabridge Gold Inc (SA.N)
23 May 2017
Seabridge Gold Inc. (Seabridge), incorporated on October 31, 2002, is a development-stage company. The Company is engaged in the acquisition and exploration of gold properties located in North America. As of December 31, 2016, the Company owned six properties with gold resources. Its material properties are its Kerr-Sulphurets-Mitchell (KSM) Project and its Courageous Lake Project. Its KSM Project is located within the Iskut-Stikine region of British Columbia, approximately 21 kilometers south-southeast of the former Eskay Creek Mine and approximately 65 kilometers north-northwest of Stewart, British Columbia. As of December 31, 2016, the KSM property consisted of three discontinuous claim blocks. These claim blocks are referred to as the KSM claim group; the Seabee/Tina claims, and the KSM placer claim block.
As of December 31, 2016, the two claim blocks (KSM and Seabee/Tina) contained two mineral leases and 73 mineral claims, consisting of both cell and legacy claims. The total area of the first two claim blocks was 38,822 hectares, as of December 31, 2016. The Seabee/Tina claim block is over 19 kilometers northeast of the KSM claim group. As of December 31, 2016, the KSM claim group included one mineral lease covering an area of 6,085 hectares within which the mineral deposits lie; one mineral lease covering approximately 5,162 hectares within which certain infrastructure for the proposed mining operation would lie, and 20 mineral legacy New BJ claims covering approximately 6,097 hectares. As of December 31, 2016, the Seabee/Tina claims included 46 mineral cell claims (Seabee Property) and seven mineral legacy claims (Tina Property), covering approximately 21,478 hectares, that were located over 19 kilometers northeast of the KSM property where certain of the KSM Project's proposed processing plants and tailings management facility (TMF) would be located. As of December 31, 2016, the KSM placer claims included three placer cell claims covering an area of 178.6 hectares, which were along Sulphurets Creek and Mitchell Creek in areas where certain of the Project's proposed infrastructure will be located.
Seabridge Gold Inc
106 Front St E Suite 400
TORONTO ON M5A 1E1