Get the Latest Investment Ideas Delivered Straight to Your Inbox. Subscribe

News Update

TICKERS: SEA; SA

Explorer to Begin Drilling at British Columbia's Golden Triangle Project
News Update

Share on Stocktwits

Source:

Seabridge Gold's goal is to determine if the Iskut property contains a copper-gold porphyry system.

Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced in a news release it plans to start drilling in June at its Iskut project in British Columbia's Golden Triangle.

With the program, the Toronto-based company will drill test up to 8,000 meters for a gold-copper porphyry like the one it discovered at its nearby KSM project. The targets will be the magnetic and IP anomalies located below and west of the Quartz Rise Lithocap.

"We acquired Iskut because we saw clear evidence of a large porphyry system which looked to be similar in age and geology to our KSM project 30 kilometers to the east," Chairman and CEO Rudi Fronk said in the release.

All of the people involved with the Iskut drill campaign will follow strict policies to minimize coronavirus risks, the company advised.

"We are now working with the Tahltan Nation, British Columbia regulators, our suppliers and consulting with competitors to advance our target this season in a manner that will ensure safe operations during the COVID-19 pandemic," Fronk noted.

[NLINSERT]

Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Seabridge Gold. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases.





Want to read more about Gold and Base Metals investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe