With the required permits, Seabridge Gold is ready to dig deeper into the copper zone in the Deep Kerr Deposit north of Stewart.
The province is allowing them to conduct 21 hundred metres of underground exploration.
“It allows us easier access for drilling, and much more economical drilling because it eliminates the 1800 metres and 4 weeks of drill time,” which will also allow them to drill year round, says Vice President of Environmental Affairs Brent Murphy.
“We know the mineralized zone continues past the 1800 metres from the top of the mountain, so we want to extend that zone deeper.”
Murphy says they’ll likely start the adit as soon as next year that may create 20-30 new jobs.
“It’s going forward on the premise that we’ll find additional resources that will extend the mine life of the project.”
There’s 10.2 billion pounds of copper and 3.8 million ounces of gold, according to estimates, making the KSM project one of the largest undeveloped gold projects in the world.