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SEA:TSX; SA:NYSE.MKT

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:

Gov't Renews Gold Co.'s License for Tunnels at Massive BC Project

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Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) has received a renewed license from the British Columbia government for tunnels it plans to build at its 100%-owned KSM Project in the province's Golden Triangle. One analyst says the event helps derisk the project as Seabridge looks for a partner.
Tags: Gold

Global De-dollarization Could Help Cause Gold Boom

  ()
To move away from the U.S. dollar, developing countries and investors continue flocking to gold. This, in combination with certain economic factors, could be the perfect catalyst for a long gold bull market, one expert says.
Tags: Gold

Gold Co. Looking for Project Partner Posts CA$45M Profit in Q2

  ()
Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) files its interim financial statements, showing a net profit of CA$45.2 million in the second quarter. Finding a partner for its massive KSM Project in the Golden Triangle is the company's top goal right now.
Tags: Gold

Drilling Expands Mineralization, IDs New Gold Targets at Yukon Project

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Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) says its core drilling program at its 3 Aces project in the Yukon is expanding known mineralized zones in the Central Core Area (CCA) and identifying new targets.
Tags: Gold

B.C. Government Deems Cu-Au Project Substantially Started

Research Report
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This should further derisk the asset and support the company's efforts to attract a potential joint venture partner to advance it, noted a Red Cloud Securities report.

Co. Granted Key Approval for Gold-Copper Project

Research Report
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The event further clears the path toward a partnership on this US$7 billion asset in British Columbia, noted an RBC Capital Markets report.

More Articles


Expert Comments:

headshot of Jay Taylor

Jay Taylor, Hotline

(9/27/24)
"The Mitchell Treaty Tunnels are the two 23 km-long parallel tunnels planned to connect the east and west sides of Seabridge Gold Inc.'s KSM project mine site. . .construction of the tunnels, for which a license has been granted, would be the last major infrastructure piece to move the company's monster project toward production."

headshot of Brien Lundin

Brien Lundin, Gold Newsletter (Jefferson Financial)

(9/27/24)
"Seabridge Gold Inc. got more good news on the permitting front in September, with the British Columbia government providing the company with a 20-year extension on its license of occupation for the Mitchell Treaty Tunnels. [They] are critical to the development of Seabridge's KSM deposit."

headshot of Taylor Combaluzier

Taylor Combaluzier, Red Cloud Securities

(9/4/24)
"Our higher gold and price assumptions have increased our target on Seabridge Gold Inc."

headshot of Jay Taylor

Jay Taylor, Gold, Energy & Tech Stocks

(8/31/24)
"I believe Seabridge Gold Inc.'s KSM project will be in play for acquisition and/or joint venture agreements by major gold and/or copper mining companies. A second major project is Courageous Lake, which hosts 11 Moz gold."

Jay Taylor, Hotline

(8/23/24)
"I believe the Seabridge Gold Inc. story will soon capture some serious attention from major gold and/or base metal miners. . .the fact that because KSM is not a gold only project but is also a world-class copper deposit opens the door to any number of major gold and copper producers for a joint venture with the company or an outright purchase from Seabridge."

headshot of Brien Lundin

Brien Lundin, Gold Newsletter (Jefferson Financial)

(8/22/24)
"Seabridge Gold Inc. has been perhaps the highest profile optionality play in the market for years, yet it has now become a highly economic project at current gold prices. The market has yet to realize this and appropriately value the company. . .I continue to like it a lot for the environment I see ahead."

More Expert Comments

Experts Following This Company

headshot of Taylor Combaluzier
Taylor Combaluzier, Mining Analyst – Red Cloud Securities
Mike Kozak, Analyst – Cantor Fitzgerald
headshot of Brien Lundin
Brien Lundin, Author Gold Newsletter (Jefferson Financial)
Michael Siperco, Analyst – RBC Capital Markets
headshot of Jay Taylor
Jay Taylor, Author Gold, Energy & Tech Stocks
headshot of Chris Temple
Chris Temple, Editor and Publisher – The National Investor

Company News 

9/25/2024 – B.C. Government Renews Seabridge Gold's License of Occupation for an Additional 20 Years for its KSM Project's Mitchell Treaty Tunnels

8/13/2024 – Seabridge Gold Files Second Quarter 2024 Report to Shareholders and Its Financial Statements and MD&A

8/7/2024 – Seabridge Gold Advancing Drill Program at 3 Aces

7/26/2024 – Seabridge Gold Receives its KSM Substantially Started Designation from the BC Government

1/17/2023 – Seabridge Gold Completes Initial Drill Program at 3 Aces Project

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.

streetwise book logoStreetwise - Seabridge Gold Inc. Ownership Overview*

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

*Share Structure as of 9/17/2024