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Seabridge Gold Drilling Confirms Major Extension of KSM's Deep Kerr Deposit
483 meters grade 0.43 g/T gold & 0.56% copper 400 meters down-dip from known resource ...
About this update from Seabridge Gold Inc
[{"type":"text","content":"\n\n483 meters grade 0.43 g/T gold & 0.56% copper 400 meters down-dip from known resource limitIntercept lies within conceptual block cave shape designated for underground mining\n\nTrading Symbols: TSX: SEA                                                                    NYSE: SA                                                                                   \n\n\n\nTORONTO, Aug. 26, 2015 /CNW/ - Seabridge Gold today announced that this year's first drill results from the Deep Kerr deposit at its 100% owned KSM Project in northwestern British Columbia have confirmed a substantial expansion of the deposit in an area being evaluated for low cost, underground block cave mining. Hole K-15-49 intercepted 483 meters averaging 0.43 g/T gold and 0.56% copper including a 250 meter interval grading 0.49 g/T gold and 0.70% copper. This new hole is a step-out located 400 meters down dip from hole K-14-45, drilled in 2014, which returned 286 meters of 0.45 g/T gold and 0.77% copper. A follow-up daughter hole, K-15-49A, is now in progress to test the mineralized zone between these two intersections. The results are expected to increase resources. (See http://www.seabridgegold.net/pdf/NAug26-15-map.pdf for Deep Kerr cross section.)\n\nIn the past two years, Seabridge has successfully targeted higher grade zones beneath KSM's near-surface porphyry deposits, resulting in the discovery of Deep Kerr and the Iron Cap Lower Zone, two copper-rich deposits that have added nearly one billion tonnes of better grade to project resources. The program this year at Deep Kerr was designed to confirm the ...