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Seabridge to Begin Drilling a Cluster of Gold-Copper Porphyry Targets at Iskut
Targeting enhanced by MT survey successfully used at KSM Toronto, Ontario--(Newsfile Corp. - ...
About this update from Seabridge Gold Inc
[{"type":"text","content":"Seabridge to Begin Drilling a Cluster of Gold-Copper Porphyry Targets at IskutTargeting enhanced by MT survey successfully used at KSMToronto, Ontario--(Newsfile Corp. - June 13, 2022) - Seabridge Gold (TSX: SEA) (NYSE: SA) reports today that core drilling will commence shortly at its 100%-owned Iskut project in British Columbia. Work programs will be drill testing gold-copper targets at Bronson Slope and Quartz Rise, while geophysical surveys are underway to evaluate the North Snip target.In 2020 and 2021, Seabridge undertook drilling and MT geophysical surveys across a large part of the Iskut property. Regional geophysical surveys of the property show a distinct structural feature that connects Quartz Rise, Bronson Slope and Snip North. All the prospective intrusions fall along this regional trend and each surveyed intrusion on this trend has a coherent resistivity anomaly at depth like those recognized at KSM. In addition, the Bronson Slope target contains a measured and indicated resource of 187Mt of 0.36 g/t Au, 0.12% Cu, and drilling at Quartz Rise has encountered gold-copper grades below a clear lithocap.Seabridge Chairman and CEO Rudi Fronk commented: \"We acquired the large land package at Iskut because of its many characteristics similar to our giant KSM project. Our understanding of Iskut has expanded enormously since last fall when important data and observations coalesced into a more complete picture of mineralization on the property.\"\"We have identified a regional trend that seems to be a primary control on the distribution of mineralized intrusive centers and this discovery has created considerable excitement in our team. We have lots of experience with a cluster of gold-copper porphyries in the Golden Triangle of similar age and geology at KSM and we are anxious to bring another such district to light.\" Front said.Drill testing is beginning on the Bronson Slope target where a resource was developed by a previous operator. This quartz-chalcopyrite-magnetite resource was deposited as a skarn on the border of the complex and into the adjacent wall rock. MT geophysical surveys have identified a clearly-defined zone of resistive rocks within the intrusive complex that could be the source of the chalcopyrite-magnetite mineralization. Drilling below the chalcopyrite-magnetite mineralized zones and into the intrusions...