Seabridge Reports Major New Gold/Copper Resource at KSM’s Iron Cap Zone

An independent mineral resource model for Seabridge Gold’s (TSX:SEA) Iron Cap Zone  estimates a new indicated resource containing 5.1 million ounces of gold and 1.7 billion pounds of copper immediately adjacent to the Mitchell deposit.

The press release is quoted as saying:

The Iron Cap resource has exceeded our expectations. Our objective was to book a five million ounce gold resource in all categories. In fact, we have achieved more than five million ounces of indicated resources with a superior copper grade which should help us optimize mine plans to maintain a favorable copper head grade. We expect that most of the indicated resource should qualify as reserves in our new PFS and improve the economics for the KSM project.

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https://www.marketwire.com/press-release/Seabridge-Reports-Major-New-Gold-Copper-Resource-at-KSMs-Iron-Cap-Zone-TSX-SEA-1391931.htm