Profile: Seabridge Gold Inc (SA.N)
21 Feb 2017
Seabridge Gold Inc. (Seabridge), incorporated on October 31, 2002, is a development-stage company engaged in the acquisition and exploration of gold properties located in North America. The Company is focused on acquiring, exploring and developing gold deposits. The Company owns over five properties with gold resources and its material properties are its Kerr-Sulphurets-Mitchell (KSM) Project and its Courageous Lake Project. The 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 68 kilometers northwest of Stewart, British Columbia. The KSM project consists of two distinct zones (Kerr and Sulphurets). The KSM property consists of over 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. The Courageous Lake gold project consists of mining leases located in Northwest Territories of Canada.
The first two claim blocks (KSM and Seabee/Tina) contain over two mineral leases and over 71 mineral claims, consisting of both cell and legacy claims. The total area of the first two claim blocks is approximately 50,500 hectares. The Seabee/Tina claim block is over 19 kilometers northeast of the KSM claim group. The KSM claim group includes one mineral lease covering an area of approximately 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 over 18 mineral legacy New BJ claims covering an area of approximately 6,026.2 hectares. The Seabee/Tina claims include over 47 mineral cell claims (Seabee Property) and over six mineral legacy claims (Tina Property), covering an area of approximately 21,478 hectares, that are located over 19 kilometers northeast of the KSM property.
The KSM placer claims include over 44 placer cell claims covering an area of approximately 11,749 hectares, which are coincident in land area with most of the mineral cell claims within the KSM claim group. The Company has five subsidiaries: Seabridge Gold (NWT) Inc.; Seabridge Gold Corporation; Pacific Intermountain Gold, Corporation; 5555 Gold Inc., and 555 Silver Inc.
Seabridge Gold Inc
106 Front St E Suite 400
TORONTO ON M5A 1E1