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Seabridge Gold Completes 2019 Snowstorm Drill Campaign
Toronto, Ontario--(Newsfile Corp. - January 23, 2020) - Seabridge Gold's (TSX: SEA) (NYSE: SA)...
About this update from Seabridge Gold Inc
[{"type":"text","content":"Seabridge Gold Completes 2019 Snowstorm Drill CampaignFavorable Structures and Stratigraphy Confirmed; Drilling to Continue in 2020Toronto, Ontario--(Newsfile Corp. - January 23, 2020) - Seabridge Gold's (TSX: SEA) (NYSE: SA) first drill program at its 100%-owned Snowstorm Project in Northern Nevada has confirmed the presence of structures and stratigraphy similar to Turquoise Ridge and Twin Creeks, two successful gold mines located just a few kilometers southwest of Snowstorm on the Getchell Trend. The wealth of geochemical, geophysical and geological data collected in the 2019 program is being carefully evaluated for information to help refine this year's drilling.The 2019 drilling was designed to test for an extension of the Getchell Trend and the distinctive structural and stratigraphic features found at Twin Creeks and Turquoise Ridge respectively located about 6 and 15 kilometers southwest of Snowstorm. Twin Creeks reports remaining reserves of 3.2 million ounces grading 1.9 g/T gold while Turquoise Ridge reports 9.1 million ounces grading 13.0 g/T gold. A total of 3,806.6 meters were completed in four drill holes last season including 1,836.1 meters of reverse circulation drilling and 1,970.5 meters of core. Drilling efficiency was poor due to difficult ground conditions and the program therefore fell short of its meters-drilled target before being terminated due to seasonal weather changes.Rudi Fronk, Chairman and CEO of Seabridge Gold commented: \"We acquired Snowstorm in 2017 because we think it has an excellent chance to host a Getchell-style deposit. Nothing we have learned to date has downgraded this opportunity. We have identified the favorable stratigraphic host for a Getchell style deposit as well as similar structures which fed the deposits to the south. These occurrences are challenging to find because they are not very large and they are hidden under younger volcanic cover. However, all the data suggests to us that we're in the right neighborhood. We think a detailed interpretation of last year's data now in progress will help us vector towards a discovery.\"Seabridge encountered the host Ordovician carbonate stratigraphy as predicted. Carbonate stratigraphy is intercalated with basaltic tuff and sills characteristic of Getchell-style deposits. Locally, the carbonate stratigraphy shows weak carbonate dissoluti...