Seabridge Gold Inc.

Seabridge Gold Inc. is designed to provide its shareholders with exceptional leverage to a rising gold price. From 1999 through 2002, when the gold price was lower, Seabridge acquired nine North American projects with substantial gold resources, including Courageous Lake and KSM. Subsequent exploration by Seabridge has significantly expanded its acquired gold resource base.

Seabridge considers each of its common shares to represent an indirect ownership interest in its reserves and resources. Our aim is to increase the value of this ownership interest by growing reserves and resources faster than shares outstanding. Project acquisitions, exploration and engineering programs are carefully designed and monitored to ensure that equity dilution required to fund these activities is more than offset by additional reserves and resources.

Seabridge is pursuing three value-enhancing strategies. First, the Company continues to search for gold projects in North America which would be accretive in terms of gold resources. Second, Seabridge funds exploration and engineering work considered likely to expand resources and upgrade them to reserves. Third, Seabridge sells or partners its projects when they reach the production stage, to limit risk and share dilution.

Seabridge Gold recently completed an updated Preliminary Feasibility Study for its 100% owned KSM Project located in British Columbia, Canada capturing 47.3 million ounces of gold, 7.3 billion pounds of copper and 160 million ounces of silver in proven and probable reserves. The study projects a 33 year open-pit only mine life generating an after tax net present value (at 5%) of US$7.9 billion and a life of mine total cost (including all capital, reclamation and closure costs) of US$601 per ounce of gold produced after base metal credits. Over the 33 year mine life, average annual metal production is estimated at 1.0 million ounces of gold, 178 million pounds of copper and 3.0 million ounces of silver.

Seabridge Gold Inc. is a billboard sponsor of Streetwise Reports and paid a fee for this company profile page. Please refer to the important disclosures below for additional details.

Recent Articles:

Drill Data Shed Light on Geology at Yukon Gold Project

Research Report
Newly released plus historical results indicate mineralization is continuous between isolated deposits, noted a Red Cloud Securities report.
Tags:  Gold

Co. Continues To Move Closer to Gold

Research Report
Seabridge Gold Inc. continues to evaluate other potential traps for gold deposition in the system, according to a Red Cloud Securities research note.
Tags:  Gold

3-D Model Points Co. Closer to Gold at Yukon Project

Seabridge Gold Inc. has updated a three-dimensional view of its 3 Aces project in the Yukon Territory as it looks for continuous gold mineralization. See why one newsletter writer is "table-pounding bullish" on the company.
Tags:  Gold

Mining Developer Expands Resources of B.C. Project

Research Report
This is another of the Canadian company's steps taken toward making its massive copper-gold project attractive to prospective partners, noted a Cantor Fitzgerald report.

Gold Co. Updates Resource Estimates for Huge BC Project

Seabridge Gold Inc. releases updated mineral resource estimates for deposits at its massive KSM gold and copper project in British Columbia. See why one analyst said the move "makes sense."

This Gold Stock Deserves To Be a Core Holding

Contributed Opinion
Chris Temple of The National Investor shares why he believes Seabridge Gold Inc. is one to watch.
Tags:  Gold

More Articles

Expert Comments:

headshot of Taylor Combaluzier

Taylor Combaluzier, Red Cloud Securities

"Seabridge Gold Inc. reported the results from the ~7,800m 2023 reverse circulation drill program completed at its 100%-owned 3 Aces gold project. . .highlights include 0.81 g/t Au over 111.2m (3A23-381) from the Clubs zone and 7.59 g/t Au over 7.2m (3A23-377) from the Hearts W zone."

Taylor Combaluzier, Red Cloud Securities

"Seabridge Gold Inc. announced updated mineral resource estimates for its Iron Cap and Kerr deposits at its 100%-owned KSM project. . .this is another step taken by the company to get the KSM project ready for a potential joint venture partner."

Mike Kozak, Cantor Fitzgerald

"Seabridge Gold Inc. updated the mineral resource estimates at the Kerr and Iron Cap deposits, part of its 100%-owned massive KSM gold-copper project. . .Measured & Indicated and Inferred resources on a consolidated basis increased by about 13% and about 9% at the Kerr and Iron Cap deposits, respectively."

headshot of Taylor Combaluzier

Taylor Combaluzier, Red Cloud Securities

"Seabridge Gold Inc. announced that it has applied to the British Columbia Environmental Assessment Office for substantially started status for its 100%-owned KSM project. . .the substantially started status would allow KSM's current environmental assessment certificate to remain in effect for the life of the project, which otherwise would expire on July 29, 2026."

Taylor Combaluzier, Red Cloud Securities

"We view the updated prefeasibility study (PFS) on Seabridge Gold Inc.'s Courageous Lake positively as there has been a marked improvement in key parameters to make the project more economically attractive, including a lower capital intensity of the design, an improved strip ratio and higher gold grade, as compared to the 2012 PFS. We believe the smaller mine footprint should facilitate a simpler permitting process."

Mike Kozak, Cantor Fitzgerald

"Seabridge Gold Inc. reported solid prefeasibility study (PFS) results at its 100%-owned Courageous Lake open-pit gold project. . .the PFS returned an after-tax project NPV5% of $523M and an IRR of 21% at a gold price deck of $1,850/oz."

More Expert Comments

Experts Following This Company

headshot of Taylor Combaluzier
Taylor Combaluzier, Mining Analyst – Red Cloud Securities
Mike Kozak, Analyst – Cantor Fitzgerald
Rick Mills Ahead of the Herd
Lucas N. Pipes, Analyst – B. Riley Securities
Sadif Research – Sadif Research
Michael Siperco, Analyst – RBC Capital Markets
headshot of David Talbot
David Talbot, Analyst – Red Cloud Securities
headshot of Chris Temple
Chris Temple, Editor and Publisher – The National Investor

Company News 

2/14/2024 – Seabridge Develops New Gold Deposition Model for 3 Aces Project

2/5/2024 – Seabridge Gold Provides Updated Mineral Resource Estimate for KSM's Kerr and Iron Cap Deposits

1/24/2024 – Seabridge Gold Supports 'Close to Home' Tier 3 Neonatal Intensive Care Unit

1/17/2024 – Seabridge Gold Applies to the BC Government for Substantially Started Status for its KSM Project

1/16/2024 – Seabridge Gold's Updated PFS for Courageous Lake Confirms Significantly Improved Project

12/20/2023 – Seabridge Gold Expands Iskut's Bronson Slope Deposit

12/14/2023 – Seabridge Gold's First Drill Test of Snip North Confirms Promising Copper-Gold Porphyry Target

Important Disclosures
Seabridge Gold Inc. is a Billboard advertiser of Streetwise Reports and pays a flat fee. Fees fund both sponsor-specific activities and general report activities. Sponsor-specific activities may include aggregating content and publishing that content on the Streetwise Reports site, creating and maintaining company landing pages, interviewing key management, posting a banner/billboard, and/or issuing press releases. The fees also cover the costs for Streetwise Reports to publish and syndicate investment opinion and comments, and also to curate or create sector-specific content. Billboard advertising monthly fees range from $3,000 to $5,000. This landing page contains a summary of the company that was prepared by that company. Some landing pages contain investing highlights and a catalyst calendar that are prepared by that company. The Expert Comments and Experts Following This Company sections of the landing page are compiled by Streetwise Reports. There may be other information about the company that is not placed on the landing page, and Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on the landing page. Readers should conduct their own research for all information publicly available concerning the company. This landing page may be considered advertising for the purposes of 18 U.S.C. 1734.

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Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT)

*Share Structure as of 2/5/2024