BRITISH COLUMBIA – High grade assays from the final three holes drilled in 2013 to test the high grade core zone below the Iron Cap deposit have Toronto-based Seabridge Gold speculating about a “substantial impact on resources”.
The Iron Cap is one of four large porphyry deposits at Seabridge’s KSM advanced exploration gold-copper project 65 km northwest of Stewart. During 2013, a core zone was discovered below the Kerr deposit, and the company is hopeful that a core zone will be defined below the Iron Cap deposit, too. Further drilling is planned.
Seabridge has mine plans for the KSM project, and those plans call for Iron Cap to be exploited from underground using block caving methods.
For a drill location map and cross sections, see SeabridgeGold.net/ICmap1.pdf.