Seabridge Gold Drilling Expands and Upgrades KSM Project
Seabridge Gold’s (TSE:SEA, NYSE Amex:SA) provided update on their 100% owned KSM Project. They are likely to expand resources and upgrade resource classifications.
The press release is quoted as saying:
Seabridge President Rudi Fronk commented that “this program was designed to upgrade 68 million tonnes of inferred resources within the proposed Sulphurets pit to the measured and indicated categories thereby making them eligible for reserves classification. The drill results suggest that we have probably achieved this objective. Furthermore, the drilling encountered new mineralization which could add to resources and lead to a larger pit design for the Sulphurets deposit.”
Click here to access the entire press release
Click here to access Seabridge Corporate Site
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Wed, Sep 8, 2010
Post by Anne Bagchi, Moly Researcher