The event further clears the path toward a partnership on this US$7 billion asset in British Columbia, noted an RBC Capital Markets report.
In light of Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) releasing an updated resource estimate, the company has maintained its Outperform rating and was given a target price 117% higher than the price at the time of the report.
Seabridge Gold Corp.'s application for "substantially started" status for its KSM project in British Columbia has been submitted, according to RBC Capital Markets.
The mining company is developing and seeking a partner to advance its large-scale, British Columbia mine offering long-term upside potential, noted an RBC Capital Markets report.