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Seabridge Gold's 2023 Iskut Drill Program Ramps Up Focused on Making New Copper-Gold Porphyry Discoveries
Toronto, Ontario--(Newsfile Corp. - May 30, 2023) - Seabridge Gold (TSX: SEA) (NYSE: SA) reports ...
About this update from Seabridge Gold Inc
[{"type":"text","content":"Seabridge Gold's 2023 Iskut Drill Program Ramps Up Focused on Making New Copper-Gold Porphyry DiscoveriesToronto, Ontario--(Newsfile Corp. - May 30, 2023) - Seabridge Gold (TSX: SEA) (NYSE: SA) reports today that drilling has begun at its 100% owned Iskut property in Northwestern B. C.'s Golden Triangle. Initial work is on the Snip North target and will then expand to the Bronson Slope target in coming weeks. The first of three helicopter-portable core drills has been mobilized to site and two other drills will arrive in coming weeks. The 2023 Iskut program plans to complete 12 to 15 drill holes exceeding 12,000 meters.Seabridge Chairman and CEO Rudi Fronk commented: \"We are excited to get our program started early in the field season after last years success at Iskut. At Snip North, we have extensive evidence of copper-gold mineralization in historical drilling and deep penetrating geophysical surveys. As the season matures and snow melts, we'll move upslope, following a pronounced regional structural tend, to continue work below the Bronson Slope target. Our team is enthusiastic that both these targets are new copper-gold rich porphyry systems. In addition, we think there is significant potential to expand the existing Bronson Slope mineral resource.\"Regional geophysical surveys and surface geology continue to confirm a district scale structural feature that connects the Quartz Rise, Bronson Slope and Snip North targets. All the recognized mineral occurrences at Iskut are interpreted as high-level expressions of Cu-Au porphyry systems aligned along this regional structural trend. The trend has similar characteristics to the one that hosts a cluster of porphyry systems Seabridge has defined at our nearby KSM project.An MT survey that began last season is being expanded at Snip North. This survey is investigating extensive sericite-pyrite alteration and Cu-Au geochemical anomalies in sedimentary rocks identified by 32 shallow diamond core holes previous operators drilled. Deeper drilling is planned to identify the source of this alteration and related copper-gold concentrations. The initial objective is to complete 3,500 meters of drilling in three to four holes at Snip North, which could then be expanded depending on results.The main part of the 2023 program will continue the drilling below the Bronson Slope resource which st...