BRITISH COLUMBIA – Seabridge Gold of Toronto has received the permits from the BC government to proceed with an exploration adit into the Deep Kerr gold-copper deposit at the KSM project 65 km northwest of Stewart.
The adit will be 2,100 metres long and facilitate underground exploration drilling. It is to be collared in the Sulphurets Valley at the base of Kerr Mountain declining with a 12% grade parallel to the footwall of the Kerr deposit. This will be the first opportunity to drill Deep Kerr from underground rather than the surface where holes were sometimes 1,800 metres long.
Seabridge says the permits include Ministry of Environment discharge authorizations for the operation of a water treatment facility to remove suspended sediments, pH, metals and ammonia from underground effluent; a mining permit from the Ministry of Energy and Mines authorizing the construction of the exploration adit and associated infrastructure including a rock storage facility; and a water license from the Ministry of Forests, Lands and Natural Resource Operations approving the surface water management system associated with the adit infrastructure. The permits include requirements for posting reclamation securities with the provincial government to cover full reclamation and closure costs associated with the proposed exploration activities.
More information about the KSM project is posted at www.SeabridgeGold.net.