Drilling Underway At Iskut Copper-Gold Property

June 6, 2023

STEWART – Drilling has started at Seabridge Gold’s Iskut Project 11 km northwest of Stewart, with 2023 plans calling for completion of 12-15 drill holes exceeding 12,000 meters in the property, which has copper-gold reserves.

The main part of the 2023 program will continue the drilling below the Bronson Slope resource which started last year and discovered a large, steeply plunging quartz-magnetite breccia pipe with clear indications of being sourced from hydrothermal eruptions out of an intrusion. Results from drilling in 2022 also identified copper and gold grades in sedimentary rocks outside of the Bronson Slope mineral resource.

“We are excited to get our program started early in the field season after last year’s success at Iskut,” says Seabridge Chairman and CEO Rudi Fronk. “At Snip North, we have extensive evidence of copper-gold mineralization in historical drilling and deep penetrating geophysical surveys. As the season matures and snow melts, we’ll move upslope, following a pronounced regional structural tend, to continue work below the Bronson Slope target.

“Our team is enthusiastic that both these targets are new copper-gold rich porphyry systems. In addition, we think there is significant potential to expand the existing Bronson Slope mineral resource.”

Seabridge holds a 100 per cent interest in several North American gold projects, including Seabridge’s assets include the KSM and Iskut projects located in northwest BC, referred to as Canada’s “Golden Triangle”, the Courageous Lake project located in Canada’s Northwest Territories, and the 3 Aces project set in the Yukon Territory.

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