Seabridge Gold acquires projects in North America with gold resources, expands and verifies these resources through further exploration, undertakes the engineering work required to move these resources to reserves and determines their economic value. Seabridge then sells or joint ventures its projects to larger companies for mine construction and production.
Seabridge is currently advancing two large Canadian gold projects towards feasibility status. Its 100% owned KSM project located in north western British Columbia has proven and probable reserves of 30.2 million ounces of gold and 7.0 billion pounds of copper (1.6 billion tonnes averaging 0.59 gpt gold and 0.20% copper), making it the largest gold reserve in Canada and one of the largest in the world. The 100% owned Courageous Lake project located in the Northwest Territories contains one of the largest undeveloped gold deposits in Canada.
Seabridge has no debt and is fully funded for the next several years.