Seabridge Gold Inc TSX:SEA announced results from its Courageous Lake Project in the Northwest Territories. Assays include 3.92 g/t gold over 55.5 metres, 3.67 g/t over 56.5 metres, 3.25 g/t over 41.8 metres, 3.55 g/t over 19.9 metres, 3.9 g/t over 16.1 metres and 2.78 g/t over 23 metres.
President Rudi Fronk commented, “We are confident that we have upgraded a significant portion of the inferred resources which lie within the proposed pit and that these resources will therefore convert to reserves in our planned PFS. In addition, we are intrigued by the two new targets we drilled south of the FAT deposit. We own 53 kilometres—nearly the entire length—of a highly prospective greenstone belt which has gold occurrences all along it. As we move into the final stages of the FAT deposit PFS, we are beginning to expand our search for new deposits along the belt. We are excited to get back to exploration in such a promising geological environment.”
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Seabridge Gold Inc
by Greg Klein