For thousands of other reports visit RSC's Mineral Intellingence Map
Seabridge Gold Inc.
Summary
| Project: | KSM | |
|---|---|---|
| Deposit: | KSM | |
| Location: | Canada | |
| Commodities: | Gold-Silver | |
| Date: | 4/27/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | PEA | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 27-4-2020: Seabridge Gold Inc. announces a PEA report for its KSM deposit at the KSM project. Updated PEA results incl. post-tax NPV (5%) of US$6.0B and IRR of 14%. Toronto, Canada – Seabridge Gold announced today that an updated Preliminary Economic Asse | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Kirk Hanson, Alan Keylock (Wood Plc) | |
| ABSTRACT: | Toronto, Canada – Seabridge Gold announced today that an updated Preliminary Economic Assessment (the “2020 PEA”) for its 100%-owned KSM project has confirmed the potential for a dramatic improvement in project economics by incorporating the recently expanded, higher grade Iron Cap deposit into mine plans. This alternate scenario does not impact the current Preliminary Feasibility Study (the “2016 PFS”) which remains in effect and will be included with the 2020 PEA in an updated NI 43-101 Technical Report to be filed on SEDAR within 45 days. KSM is located in mining friendly British Columbia, Canada near existing and past producers as well as valuable transportation and energy infrastructure. KSM is the world’s largest undeveloped gold/copper project measured by Mineral Reserves, which do not include a sizeable Inferred Mineral Resource at the project’s four deposits. The project has both Federal and Provincial Environmental Assessment (EA) certificates and the Company is maintaining a strong social license, having signed Impact Benefit Agreements with the Nisg̱a’a and Tahltan First Nations, an environmental agreement with the Gitanyow Nation and receiving letters of support from the Gitxsan Nation. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report