Two Core Rigs At Work On The Deep Kerr Deposit

TORONTO – Seabridge Gold reported that drilling has begun with two core rigs at its 100%-owned KSM Project in northwestern British Columbia. The program calls for 10,000 meters of core drilling designed to expand by as much as 800 meters on the block cave shapes that confine the current resource estimate. 

The 2016 program also includes 3,000 meters of core drilling on Seabridge’s 100%-owned Iskut Project, also located in northwestern British Columbia about 20 kilometers from KSM. The Iskut Project was obtained with the closing of Seabridge’s acquisition of SnipGold Corp.

Commenting on the program, Seabridge Chairman and CEO Rudi Fronk said that "our geological team believes the mineralized zone on the west limb of the Deep Kerr deposit projects to the south. Extending the footprint of the proposed block cave shapes in this direction should enable us to increase the potential mining rate for Deep Kerr higher grade material." In addition, drilling will target the less-explored eastern limb of the Deep Kerr deposit to test its potential expansion at depth.”

“At Iskut, we are planning to begin exploring for high grade gold which the property is historically known for. This year’s objective is to determine which of the many known targets has the best potential, in preparation for a much larger program next year," Fronk said.