TSXV:AKH.H - Post by User
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phoenix_traderon Oct 14, 2020 2:44pm
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Post# 31715142
Seabridge alone could use all of More Creek's generation cap
Seabridge alone could use all of More Creek's generation capToronto, Canada... Seabridge Gold (TSX:SEA) (NYSE:SA) announced today that geotechnical drilling has begun along the proposed route of the Mitchell Treaty Tunnels ("MTT"), a key infrastructure component of its 100%-owned KSM gold-copper project in north western British Columbia, Canada. The permit for the drill program was obtained from the BC government on June 30, 2020. The MTT is designed to connect the mine and mill, enabling the efficient transfer of ore to the mill from the mine site and the supply of electricity and transportation of fuel and other consumables in the opposite direction to the mine. The location of the mill and tailings management facility at some distance from the mines reflects the need for a site with suitable geotechnical characteristics where responsible tailings management can occur. Tunnels are more cost effective and less environmentally impactful than overland transport for the approved multi-decade mine life.