Seabridge Gold Advancing Drill Program at 3 Aces

Core Insights - Seabridge Gold is advancing its drilling program at the 3 Aces property, confirming exploration models and expanding mineralized targets [2][3][4] - The exploration model predicts continuity of high-grade gold mineralization along specific geological features, indicating potential for resource delineation [3][5] Drilling Program - The current core drilling program is expanding known mineralized zones in the Central Core Area (CCA) and identifying new target opportunities [2] - A second helicopter-portable reverse circulation drill has begun evaluating historical prospects outside the CCA [2] Geological Model - The new exploration model identifies gold-bearing zones localized along the limbs of second-order folds (F2), with mineralization best expressed at contacts between phyllite units and coarse interbedded sandstone and conglomerate [3] - Early drilling has encountered several zones of favorable arsenopyrite-bearing veins and breccias, likely expanding previously recognized gold-bearing zones in the CCA [4] Regional Exploration - Surface mapping and sampling are revealing evidence of F2 folds in unexplored areas, with initial work identifying arsenopyrite-bearing quartz veins and breccias [5] - Ongoing regional work is providing strong evidence of a potential district-scale opportunity at 3 Aces [5] Environmental and Reclamation Efforts - Seabridge has resumed reclamation activities at the site, focusing on exploration roads and environmental monitoring [6] Project Background - The 3 Aces project, acquired in March 2020, consists of 1,734 claims covering 357 km² in southeastern Yukon, with historical work indicating extensive gold-in-soil anomalies [7] - The project is believed to be indicative of an orogenic gold project consistent with other deposits globally [7][8]