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Seabridge Gold Inc T.SEA

Alternate Symbol(s):  SA

Seabridge Gold Inc. is engaged in acquiring, exploring, and advancing mineral properties, with an emphasis on gold resources, located in Canada and the United States. The Company holds a 100% interest in several North American gold projects. Its principal assets, the KSM project, and its Iskut project, are located in Northwest British Columbia, Canada's Golden Triangle, the Courageous Lake project located in Canada's Northwest Territories, the Snowstorm project in the Getchell Gold Belt of Northern Nevada and the 3 Aces project set in the Yukon Territory. The KSM Project is an undeveloped gold project. Iskut is a 294 square kilometers property located approximately 20 kilometers (km) east of KSM. 3 Aces is a 314 square kilometer property located in southeastern Yukon. The project is a district-scale, orogenic gold project. Snowstorm is a 103 square kilometer property located at the intersection of three major Nevada gold belts. Grassy Mountain is its non-core asset.


TSX:SEA - Post by User

Comment by GuruNNon Jul 19, 2024 11:08am
150 Views
Post# 36140023

RE:Letter 22 March Seabridge to EAO

RE:Letter 22 March Seabridge to EAO
Thank you for posting the Evidence for Substantially Started Determination Request.
 
Very interesting. 

However, the aspects that are not mentioned are particularly interesting. 

The current LoO for the MTT expires in September. The LoO is important, without a new LoO, no Evidence will be determinated. That's why Rudy emphasis the Sepember in the interview.

There are some tasks associated with this LoO that do not appear in the Evidence. For example, at least 40 holes have to be drilled along the tunnel route to prove that there is no mineralisation.

This is not mentioned at all; apart from tree clearing, not much seems to have happened for the development of the MTT. 
 
Interestingly, in the last quarterly report it was claimed that 50 holes totalling 34,000m were drilled along the MTT. 

But why wasn't it mentioned in the Evidence Request???

The topic of MTT is generally treated very neglected. Neither in the presentations nor in the quarterly reports you find any information about it!!
 
It seems to me that Seabridge has not done its homework here and is now trying to muddle through.
 
Maybe I'm wrong. 
 
But one thing is clear: Tudor Gold has found gold, silver and copper in the middle of the tunnel route and at higher grades than Seabridge can boast. 
 
I maintain that the ministries cannot ignore this. 
 
 



 
 
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