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Red Mountain Project
Red Mountain
Country Canada 
Province Bristish columbia
Close to Stewart
Status FEASIBILITY 
Surface 202 km² / 49,852 acres Number of claims 112
Latitude / Longitude 55 N 57 / 129 W 42
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Risk and valuation analysis of the Red Mountain Project
Status Risk : Feasibility
Country Risk : Very Low
Resource Risk : 60.00%
In situ value
354,551 $
Title(s) of the Red Mountain Project
Seabridge Gold Inc.
Owner: 100%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
The Red Mountain project is 100% owned by Seabridge. It is subject only to the payment of production royalties and, on the key Wotan Resources Corp. (“Wotan”) claim group, to the payment of an annual minimum royalty of $50,000.
Location of the Red Mountain Project
Red Mountain is a structurally-controlled, advanced stage gold deposit located 18 kilometers east of Stewart, 880 km northwest of Vancouver and 180 km north of Prince Rupert, British Columbia.
 
History of the Red Mountain Project
In January 2003 Seabridge engaged Steffen Robertson and Kirsten (Canada) Inc. (“SRK”) to complete an engineering and preliminary economic study of the project. The objectives of the study were to build on previous project work to identify the best  more...
 
Geology of the Red Mountain Project
The oldest rocks, Middle to Upper Triassic mudstone, siltstone and chert of the Stuhini Group outcrops over about two-thirds of the project’s mapped area. The Triassic rocks grade upward into Lower Jurassic Hazelton Group clastic and volcaniclastic r more...
 
Reserves and resources of the Red Mountain Project
TonnageGradeReserves and resources
GoldGold
g/toz
 Measured1,0008.01 258
 Mesured and Indicated1,0008.01 258
 Total 1 000 258
Definitions
Reserves and resources of the Red Mountain Project
MetalTotalReservesResourcesUnitIn situ value
ProvenProbableProven and ProbableMeasuredIndicatedMesured and IndicatedInferred
 Gold 258 258 258 oz 350 134 US$
Exploration and drilling
6/26/2009Agrees to Sell Red Mountain Project for C$12 Million
Location
Data last updated on : 2/12/2010
Disclaimer
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources