Business
Seabridge Gold's Iskut 2023 Drill Program to Focus on Copper-Gold Porphyry Discoveries and Resource Expansion
Last year SBS-22-05 intersected 174 meters of 0.86 gpT gold and 0.34% copper in newly discovered ...
About this update from Seabridge Gold Inc
[{"type":"text","content":"Seabridge Gold's Iskut 2023 Drill Program to Focus on Copper-Gold Porphyry Discoveries and Resource ExpansionLast year SBS-22-05 intersected 174 meters of 0.86 gpT gold and 0.34% copper in newly discovered Bronson PipeToronto, Ontario--(Newsfile Corp. - April 3, 2023) - Seabridge Gold (TSX: SEA) (NYSE: SA) reports today that planning is well advanced for an extensive 2023 drill program at its 100% owned Iskut property in Northwestern B. C.'s Golden Triangle. The work program is designed to test for deeper copper-gold porphyry systems and to expand the Bronson Slope mineral resource. Three helicopter-portable core drills have been reserved for this program that anticipates completion of 12 to 15 drill holes exceeding 12,000 meters of core.Seabridge Chairman and CEO Rudi Fronk commented: \"Last year we discovered a major quartz-magnetite breccia pipe beneath the Bronson Slope copper-gold deposit. The pipe sits within a district-scale structural trend that localizes all of Iskut's porphyry-style targets. The well-mineralized Bronson pipe is persuasive evidence of a large copper-gold porphyry source below last year's drilling. The structural trend hosting this pipe has two more similar porphyry targets meriting aggressive drill testing. As a byproduct of this effort, we expect to expand the 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 observed mineral systems at Iskut are interpreted as high-level expressions of Cu-Au porphyry features along this regional trend. Snip North is being investigated with an MT survey and deeper drilling this year over an area where 32 shallow diamond core holes drilled by previous operators encountered pervasive sericite-pyrite alteration and Cu-Au geochemical anomalies in sedimentary rocks. At Bronson, drilling will continue below the Bronson Slope resource following a steeply plunging quartz-magnetite breccia pipe with clear indications it is sourced from hydrothermal eruptions out of an intrusion. The copper and gold concentrations within and on the margins of this pipe are evidence the source intrusion could host a significant mineral system. At Quartz Rise ongoing work has refined drill targets for the intrusive source of an extensi...