Seabridge had originally planned to use diesel power during construction, with hydro power incorporated later from BC Hydro’s Northwest Transmission Line (NTL) for operations.
KSM will now connect to NTL at BC Hydro’s Treaty Creek Switching Station (TCT), currently under construction, but expected to be completed before the end of 2024.
“Having access to low-cost hydro power is one of many logistical advantages KSM enjoys compared to other large undeveloped gold and copper projects around the world,” CEO Rudi Fronk said in the statement.
The cost of the new BC Hydro switching station is $28.9 million in cash payments for facilities directly required by the KSM project and $54.2 million in security (or cash in lieu) for BC Hydro system reinforcement as required to make the power available, the miner said.
Seabridge has completed its design for a 30 km long 287 KV transmission line to interconnect the TCT and the KSM plant…
