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Stock Market & Financial Investment News

News Breaks
June 10, 2014
12:24 EDTSASeabridge Gold says exploration has begun at KSM project
Earlier today, Seabridge Gold reported that exploration drilling has begun at its wholly-owned KSM project in Northwestern British Columbia, Canada. The primary focus of the program is to expand the 515M tonne inferred resource averaging 0.53% copper and 0.36 g/T gold found last year at Deep Kerr and also increase its average grade. The second objective is to test several more identified and highly prospective core zone targets which have the potential for large, high grade deposits similar to Deep Kerr, including the Iron Cap deposit at depth. Shares of Seabridge Gold are higher by almost 4% to $7.43 in midday trading.
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March 23, 2015
08:02 EDTSASeabridge Gold reports 52% resource expansion for KSM's Deep Kerr deposit
Seabridge Gold announced that an updated independent mineral resource estimate for the Deep Kerr Deposit at its 100%-owned KSM Project in northwestern British Columbia, Canada now states an inferred resource of 782M tonnes grading 0.54% copper and 0.33 g/T gold. In addition, the company expects to announce the first resource estimate for the new Iron Cap Lower Zone shortly. The company plans to continue exploration at KSM this year using the proceeds of a $14.2 million bought deal flow-through equity financing announced on March 10, 2015. Deposit now contains estimated 8.2 million ounces gold, 9.3 billion pounds copper.

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