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Rights Issue and Shortfall
Seabridge Drilling Confirms Iron Cap as Major New Deposit
Jul. 26, 2010 12:59AM PST
Molybdenum InvestingSeabridge (TSX:SEA)(NYSE Amex:SA)have confirmed a new large potentially bulk minable deposit at KSM at the Iron Cap target.
Seabridge (TSX:SEA)(NYSE Amex:SA)have confirmed a new large potentially bulk minable deposit at KSM at the Iron Cap target.
The press release is quoted as saying:
Results to date include wide intercepts of gold, copper and silver grades above the KSM average. Infill drilling will now proceed at Iron Cap with the aim of establishing new proven and probable reserves to be included in mine plans for the project.
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