An updated mineral resource estimate for a new deposit at KSM has revealed more copper and gold.
Rudi Fronk Chairman, CEO and co-founder of Seabridge says this means the project, just northwest of Stewart, is getting bigger and better.
“This first deposit [since getting approvals] we found is right under our open pit Kerr reserve,” he says. “Over the past two years now, through drilling conducted by Seabridge, we’ve now added a fifth deposit to the project called Deep Kerr that is getting big and has much higher grade, especially in copper, than our existing reserves.”
Fronk adds the deposit is ideally situated for cost-effective underground mining. The company plans to continue exploration this year. KSM has been given both provincial and federal approval.