Seabridge Gold Inc.

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.

Seabridge considers each of its common shares to represent an indirect ownership interest in its reserves and resources. Our aim is to increase the value of this ownership interest by growing reserves and resources faster than shares outstanding. Project acquisitions, exploration and engineering programs are carefully designed and monitored to ensure that equity dilution required to fund these activities is more than offset by additional reserves and resources.

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:

Expert Notes Rising 2024 Gold Market Full of Surprises

The gold market usually follows its seasons, and Michael Fox, publisher of The Prospector, has seen many of them. But this year, gold's continued rise has bucked market tradition.

Gold Co. Releases Updated Resource Estimate, Receives Outperform Rating

Research Report
In light of Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) releasing an updated resource estimate, the company has maintained its Outperform rating and was given a target price 117% higher than the price at the time of the report.
Tags: Gold

Gold Co. Releases MRE for Deposit at Golden Triangle Project

Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced its first mineral resource estimate (MRE) for the Bronson Slope deposit at its 100%-owned Iskut project in northwest British Columbia's Golden Triangle. See why experts think this could be the time to invest in the yellow metal.
Tags: Gold

Experts Continue To Predict Blue Skies for Gold

After rising to a new all-time last month, the price of gold has settled some, but experts' predictions of a lasting gold bull market have not. One investment bank says a structural shift in the foundation of the gold market could be shifting levels higher.
Tags: Gold

Co. Starts Drilling for Source Intrusions at Golden Triangle Project

Seabridge Gold Inc. announced it has started its 15,000-meter core drilling campaign at its 100%-owned Iskut property in northwest British Columbia's Golden Triangle. Find out why one expert says the stock should be one of your core holdings.
Tags: Gold

Gold Co.'s Annual Sustainability Report Notes Advances in Diversity, Safety

Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced the release of its 2023 Sustainability Report, in which it noted advancements in diversity and safety in the company. Find out why one newsletter writer says its flagship project is "world-class."

More Articles

Expert Comments:

Michael Siperco, RBC Capital Markets

"Seabridge Gold Inc. is well-positioned to advance the world class, long life, large scale KSM project. . .the company is seeking a partner for investment in further studies and construction. Seabridge offers a large, liquid investment for levered exposure to gold and copper, with minimal company-specific operating risk at the predevelopment stage."

headshot of Taylor Combaluzier

Taylor Combaluzier, Red Cloud Securities

"We view the updated mineral resource estimate for the Bronson Slope deposit, part of Seabridge Gold Inc.'s Iskut project, positively. . .the company remains focused on identifying a deeper porphyry source to the epithermal mineralization found at Bronson Slope and Snip North."

Mike Kozak, Cantor Fitzgerald

"Having one of the largest copper-gold projects globally, Seabridge Gold Inc. is actively looking for a large-tier mining company to partner with KSM, complete a feasibility study and begin construction more broadly."

Mike Kozak, Cantor Fitzgerald

"Seabridge Gold Inc. offers among the highest torque to underlying gold prices given the leverage inherent in the company's massive KSM gold-copper project in British Columbia, Canada, containing total in situ resources of 264 Moz Au eq. With CA$80M in cash following a stream sale to Sprott and investment from Ontario Teachers' Pension Plan, Seabridge is very well funded."

headshot of Taylor Combaluzier

Taylor Combaluzier, Red Cloud Securities

"Seabridge Gold Inc. provided a list of 15 objectives it plans to achieve in 2024. . .in our view, this set of objectives outlines a clear path forward and priorities for the company. Linking management's compensation with the progress achieved on these objectives aligns its interest with that of shareholders."

headshot of Chris Temple

Chris Temple, The National Investor

"Not a one trick pony, Seabridge Gold Inc.'s flagship KSM project in British Columbia is in play now for all the global majors, whether they want gold or copper as the primary product for decades to come. And besides KSM's 47+ Moz of gold in the Proven and Probable (2P) reserve category, it also boasts 7.3 Blb of copper in the 2P category."

More Expert Comments

Experts Following This Company

headshot of Taylor Combaluzier
Taylor Combaluzier, Mining Analyst – Red Cloud Securities
Mike Kozak, Analyst – Cantor Fitzgerald
Michael Siperco, Analyst – RBC Capital Markets
headshot of Chris Temple
Chris Temple, Editor and Publisher – The National Investor

Company News 

6/27/2024 – Seabridge Gold Reports Bronson Slope Resource Estimate at its Iskut Project in BC

5/30/2024 – Drilling Begins at Seabridge Gold's Iskut Project

5/29/2024 – Seabridge Gold Releases Comprehensive 2023 Sustainability Report

5/1/2024 – Seabridge Gold 2024 Drill Program to Pursue Confirmed Exploration Model at 3 Aces Project

4/23/2024 – Seabridge Readies New Iskut Drill Program to Probe for Copper-Gold Porphyry Discoveries

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 logoStreetwise - Seabridge Gold Inc. Ownership Overview*

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

*Share Structure as of 7/19/2024