Canadian Mining Journal

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COPPER-GOLD: Drilling outlines 19M oz. Au, 17.3B lb. Cu at KSM project



A panorama of the KSM project showing (from left) the Iron Cap, Mitchell, Sulphurets, and Kerr deposit locations.

BRITISH COLUMBIA – Seabridge Gold of Toronto has updated the resource estimate for the Deep Kerr gold-copper deposit, part of its KSM project 65 km northwest of Stewart. The new inferred resource is 1.92 billion tonnes grading 0.41% copper and 0.31 g/t gold (containing 19.0 million oz. of gold and 17.3 billion lb. of copper) constrained by conceptual block cave shapes.

The new numbers represent an increase of 3.0 million oz. of gold land 2.1 billion lb. of copper over last year’s inferred estimated. All this from a deposit that was first drilled only in 2013.

Seabridge chairman and CEO Rudi Fronk noted, “As the deposit grows year by year, it provides us with further opportunities for economic optimization including increased production rates and higher cut-off grades if we need them. … Growing ounces of gold per share remains an important objective in Seabridge’s corporate strategy.”

Get the details at www.SeabridgeGold.net.