Iskut project, northwest B.C. Credit: Seabridge Gold
Seabridge Gold (TSX: SEA; NYSE: SA) has cut broad porphyry-style copper-gold mineralization at its Snip North target in British Columbia’s Golden Triangle, boosting the district-scale potential near its shovel-ready KSM project.
The first three holes of a planned 12,000-metre program this season, which follow up on zones of strong potassic alteration and mineralization discovered last year, have extended Snip North’s footprint by cutting wide porphyry-style intervals with notable copper and gold grades, Seabridge said Tuesday in a statement. A first resource for Snip North is due for release early next year, CEO Rudi Fronk said.
“We are very excited by the early results from this year’s program,” Fronk said. “Our drilling is designed to achieve a density of pierce points needed for a maiden resource.”
Seabridge shares rose 0.3% to C$23…
