Purchase enhances strategic Snowstorm asset where drilling is now in progress Seabridge Gold announced today that it has closed its purchase of the Goldstorm Project in northern Nevada from Mountain View Gold Corp. for 25,000 Seabridge common shares. Terms of the transaction were as previously reported on June 5, 2019. The Goldstorm property consists of 134 mining claims and 1,160 leased acres located about 3km to the [...]
Program aims to build high-grade resource in newly identified structure at Sulphurets Seabridge Gold announced today that drilling has begun on the KSM project designed to off-set and extend high-grade gold intersections discovered in previous drilling. Two core rigs have been mobilized to complete 4,000 meters in 16 shallow holes within the proposed pit of the Sulphurets Deposit . The $2.5 million program is expected to [...]
Seabridge Gold Inc. announced today the Company has received notice from the subscriber that the 200,000 share option issued to the subscriber in connection with the $17.0 million private placement financing announced on July 23, 2019 will be exercised for additional proceeds to Seabridge of $3.4 million. No commissions were payable on the entirety of the transaction. The proceeds from the financing will be used to fund [...]
Testing for Getchell-style high grade gold potential on trend with Turquoise Ridge Mine Seabridge Gold announced today that it has initiated exploration drilling at its 100%-owned Snowstorm Project in Northern Nevada. A 7,000 meter drilling campaign is slated with pre-collar reverse circulation drilling to the Paleozoic surface followed by completion with diamond core drilling to target depths. Targeting concepts are [...]
Seabridge Gold reported today that it has filed its Report to Shareholders, Interim Financial Statements and Management's Discussion and Analysis for the three and six months ended June 30, 2019 on SEDAR . To view the Report on the Company's website, please see: http://seabridgegold.net/sharefinrep.php. Recent Highlights Multi-pronged program identifies high value targets at Snowstorm Project, Nevada; drilling to commence [...]
Seabridge Gold Inc. announced today that it has closed its previously announced non-brokered private placement with a single purchaser for one million common shares of the Company at a price of $17.02 per share for gross proceeds of $17,020,000. No commissions were payable on this transaction. The proceeds from the financing will be used to fund general working capital requirements. The financing was made by way of [...]
This document corrects and replaces the press release that was issued by Seabridge Gold Inc. , yesterday, July 23, 2019 at 06:35 pm ET. The error occurred in the headline where it should have read, "Seabridge Gold Secures $17.0 Million Private Placement" instead of "Seabridge Gold Secures $US 17.0 Million Private Placement”. Seabridge Gold Inc. announced today that it has secured a non-brokered private placement [...]
Seabridge Gold Inc. announced today that it has secured a non-brokered private placement from a single purchaser for one million common shares of the Company at a price of $17.02 per share for gross proceeds of $17,020,000. No commissions are payable on this transaction. The proceeds from the financing will be used to fund general working capital requirements. The private placement is expected to close on or about August [...]
Seabridge Gold Inc. today provided the results of its annual general meeting of shareholders held on June 26, 2019. A total of 43,450,286 common shares were voted at the meeting, representing 70.28% of the issued and outstanding common shares of the Company on the record date. All matters presented for approval at the meeting were duly authorized and approved, as follows: Fixing the number of directors at nine; Election [...]
Four known porphyry gold/copper deposits now ready for final feasibility. New focus this year on blind targets beneath Sulphurets Thrust Fault system Seabridge Gold Inc. announced today that it is mobilizing crews to the KSM site to: i) evaluate potential for additional gold-copper porphyry systems below the Sulphurets Thrust Fault ; ii) follow up high-grade epithermal gold intercepts in the area of the Sulphurets [...]
A wide range of exploration data supports Getchell-style high grade gold potential Seabridge Gold Inc. announced today that it is in the final stages of determining targets for the first drill program on its 100%-owned Snowstorm Project in Northern Nevada. Drilling is expected to begin before the end of the third quarter of this year. The estimated 7,000 meter program will test for evidence of a Turquoise Ridge/Twin [...]
The Tahltan Nation and Seabridge Gold Inc. are pleased to announce that they have reached agreement on the terms of a Co-operation and Benefits Agreement in connection with Seabridge's proposed KSM Project located in northwestern British Columbia, Canada. In a ratification vote among its membership, the Tahltan Nation voted 77.8% in favour of the KSM Project Impact Benefits Agreement . The agreement represents another [...]