more_reports
SEA:TSX; SA:NYSE

Seabridge Gold Inc.

Facebook LinkedIn X YouTube Seabridge Gold Inc. is designed to provide its shareholders with exceptional leverage to a rising gold price. From 1999 through 2002, when the gold price was lower, Seabridge acquired nine North American projects with substantial gold resources, including Courageous Lake and KSM. Subsequent exploration by Seabridge has significantly expanded its acquired gold resource base.

Today, KSM hosts the largest publicly disclosed, undeveloped gold resource in the world with measured and indicated gold resources totaling more than 88 million ounces. Our exploration success at KSM has also defined one of the world's largest copper and silver projects containing 19.4 billion pounds of copper and 414 million ounces of silver in the measured and indicated resource categories. The combined gold, copper and silver, constitute an outstanding economic opportunity, with environmental approvals and permits in place to commence construction.

Seabridge Gold recently completed an updated Preliminary Feasibility Study for KSM capturing 47.3 million ounces of gold, 7.3 billion pounds of copper and 160 million ounces of silver in proven and probable reserves. The study projects a 33 year open-pit only mine life, generating an after tax net present value (at 5%) of US$7.9 billion and a life of mine total cost (including all capital, reclamation and closure costs) of US$601 per ounce of gold produced after base metal credits. Over the 33 year mine life, average annual metal production is estimated at 1.0 million ounces of gold, 178 million pounds of copper and 3.0 million ounces of silver.

Seabridge is pursuing three value-enhancing strategies. First, the Company continues to search for gold projects in North America which would be accretive in terms of gold resources. Second, Seabridge funds exploration and engineering work considered likely to expand resources and upgrade them to reserves. Third, Seabridge sells or partners its projects when they reach the production stage, to limit risk and share dilution.

Seabridge Gold recently completed an updated Preliminary Feasibility Study for its 100% owned KSM Project located in British Columbia, Canada capturing 47.3 million ounces of gold, 7.3 billion pounds of copper and 160 million ounces of silver in proven and probable reserves. The study projects a 33 year open-pit only mine life generating an after tax net present value (at 5%) of US$7.9 billion and a life of mine total cost (including all capital, reclamation and closure costs) of US$601 per ounce of gold produced after base metal credits. Over the 33 year mine life, average annual metal production is estimated at 1.0 million ounces of gold, 178 million pounds of copper and 3.0 million ounces of silver.


Seabridge Gold Inc. is a billboard sponsor of Streetwise Reports and paid a fee for this company profile page. Please refer to the important disclosures below for additional details.

Recent Articles:

BC Gold-Copper Developer Secures US$100M Facility for KSM

  ()
Seabridge Gold secured a US$100 million credit facility to advance its large KSM gold-copper project in British Columbia while pursuing a joint venture. See analyst targets and latest funding details.
Tags: Gold

Gold Developer Surges as Bullion Hits Three-Month High

  ()
Gold developers led a materials-sector rally on Canada's main stock index to start the week, with Seabridge Gold Inc. (SEA:TSX; SA:NYSE) among the biggest gainers. Find out what effect Kevin Warsh's first address as chair of the Fed had on the overall gold market, and whether it could regain its footing.
Tags: Gold

Seabridge Responds to Gitxsan Call for Consultation on Major BC Project

  ()
Seabridge Gold Inc. (SEA:TSX; SA:NYSE) says the Gitxsan Huwilp Government has called for meaningful consultation with the Tsetsaut Skii km Lax Ha and withdrawn its support for the KSM Project, and the company says it backs the court-ordered process and remains committed to collaboration.
Tags: Gold

Seabridge Gold Secures US$100M Facility to Advance BC KSM Project

  ()
Seabridge Gold reports Q2 results and secures a US$100M facility to fund KSM feasibility work in British Columbia while gold prices rise. See analyst targets and key catalysts for investors.
Tags: Gold

Gold Developer Advancing Major BC Gold-Copper Project Releases Report, Finances

  ()
Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announces the filing of its Report to Shareholders, Interim Financial Statements and Management's Discussion and Analysis for the three and six months ended June 30. Read why one analyst says recent financing gives the company flexibility without dilution.
Tags: Gold

Northern BC Gold-Copper Developer Secures Up to US$100M Strategic Loan as Feasibility Work Advances

Research Report
  ()
A strategic investor has extended an unsecured US$100 million credit facility, funding continued feasibility-level work while a joint venture partnership is finalized.
Tags: Gold

More Articles


Expert Comments:

headshot of Jason Williams

Jason Williams, Wealth Daily

(1/29/26)
"Today, Seabridge Gold Inc. controls one of the largest undeveloped gold resource bases in the world, and its market capitalization over $3.5B reflects that reality. But that's the part most people still struggle with. . .the company proved that simply owning and validating gold can be a multibillion-dollar business model."

headshot of Chris Temple

Chris Temple, The National Investor

(12/30/25)
"A robust joint venture deal on Seabridge Gold Inc.'s KSM would validate, for many, its inevitability. And with the kind of numbers that project would generate, especially at recent gold and copper prices, it will be that much more a globally significant monster."

headshot of Taylor Combaluzier

Taylor Combaluzier, Red Cloud Securities

(12/17/25)
"We view Seabridge Gold Inc.'s potential spinout of Courageous Lake positively as we do not believe the asset is getting sufficient value from the market within Seabridge. . .this potential spinout could likely help unlock more value for the company's shareholders."

Mike Kozak, Cantor Fitzgerald

(12/16/25)
"With gold prices currently at all-time highs, Seabridge Gold Inc.'s spinout of Courageous Lake will likely generate significant value (preliminary estimate: $400‐800M). . .while its ore is refractory in nature, Courageous Lake is one of Canada's largest and highest-grade open-pit gold projects."

headshot of Taylor Combaluzier

Taylor Combaluzier, Red Cloud Securities

(12/11/25)
"Results of Seabridge Gold Inc.'s drilling at Iskut's Snip North target have confirmed the significant copper-gold porphyry discovery made in 2024, defining mineralization over a 2,100m strike length, 600m of dip projection and 700m in width. . .mineralization remains open towards the west and [at] depth."

headshot of Brien Lundin

Brien Lundin, Gold Newsletter (Jefferson Financial)

(12/11/25)
"Seabridge Gold Inc. confirmed that drilling this year at Iskut (24,000m) has outlined a new large porphyry system at Snip North, an emerging second leg to the portfolio. . .exploration at 3 Aces also wrapped for the season."

More Expert Comments

Experts Following This Company

headshot of Taylor Combaluzier
Taylor Combaluzier, Mining Analyst – Red Cloud Securities
Soundarya Iyer , Analyst – B. Riley Securities
Mike Kozak, Analyst – Cantor Fitzgerald
headshot of Brien Lundin
Brien Lundin, Author Gold Newsletter (Jefferson Financial)
John Newell – John Newell & Associates
Dave Storms, Analyst – Stonegate Capital Partners
headshot of Chris Temple
Chris Temple, Editor and Publisher – The National Investor
headshot of Jason Williams
Jason Williams – Wealth Daily
Josh Wolfson, Precious Metals Analyst – RBC Capital Markets

Company News 

8/20/2026 – Seabridge Gold Reports Gitxsan Government Has Called for Meaningful Consultation and Collaboration with Tsetsaut Skii km La Hax

8/13/2026 – Seabridge Gold Files Second Quarter 2026 Report to Shareholders and Its Financial Statements and MD&A

7/20/2026 – Seabridge Gold Arranges US$100M Credit Facility to Support Ongoing Activities at KSM

6/9/2026 – Court Validates Seabridge Gold's Work Status on Stalled KSM Project

6/8/2026 – Seabridge Gold Files 2025 Sustainability Report

6/3/2026 – Seabridge Gold Announces Closing of Spin-Out of Valor Gold Corp.

Important Disclosures
Seabridge Gold Inc. is a Billboard advertiser of Streetwise Reports and pays a flat fee. Fees fund both sponsor-specific activities and general report activities. Sponsor-specific activities may include aggregating content and publishing that content on the Streetwise Reports site, creating and maintaining company landing pages, interviewing key management, posting a banner/billboard, and/or issuing press releases. The fees also cover the costs for Streetwise Reports to publish and syndicate investment opinion and comments, and also to curate or create sector-specific content. Billboard advertising monthly fees range from $3,000 to $5,000. This landing page contains a summary of the company that was prepared by that company. Some landing pages contain investing highlights and a catalyst calendar that are prepared by that company. The Expert Comments and Experts Following This Company sections of the landing page are compiled by Streetwise Reports. There may be other information about the company that is not placed on the landing page, and Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on the landing page. Readers should conduct their own research for all information publicly available concerning the company. This landing page may be considered advertising for the purposes of 18 U.S.C. 1734.

streetwise book logo Streetwise Company Fact Sheet

2026/9/3 21:30:12

(SEA:TSX - SA:NYSE)

Analyst coverage

Red Cloud SecuritiesTaylor Combaluzier
B. Riley SecuritiesSoundarya Iyer
Cantor FitzgeraldMike Kozak
RBC Capital MarketsMichael Siperco
Stonegate Capital PartnersDave Storms
Red Cloud SecuritiesDavid Talbot
RBC Capital MarketsJosh Wolfson

Newsletter coverage

Technical Market Strategist

John Newell & AssociatesJohn Newell

Company News

View Latest News

Streetwise Reports Articles

08/31/2026 - View Article
08/28/2026 - View Article
08/21/2026 - View Article
08/17/2026 - View Article
08/17/2026 - View Article

streetwise book logoStreetwise - Seabridge Gold Inc. Ownership Overview*

Seabridge Gold Inc. (SEA:TSX; SA:NYSE)

Restructures
No Restructures for This Company
*Share Structure as of 8/28/2026
Investing Highlights
 
Recognized for legacy mining remediation
 
Superbly leveraged to metal prices
 
KSM project designed for very low GHG
 
Permitted reserves all in Canada
 
Industry leading copper and gold reserves and resources per share