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Seabridge Gold's Snip North Deposit Continues to Grow Hole SN-25-30 Intersects 560m of 0.87 gpt Au and 0.16% Cu Including 58m of 2.62 gpt Au and 0.40% Cu
Seabridge GoldSeabridge Gold(US:SA) Newsfileยท2025-09-15 11:30

Core Viewpoint - Seabridge Gold has reported promising results from its Snip North drilling program, indicating significant copper-gold mineralization and plans for further exploration to establish a maiden resource estimate early next year [2][4][16]. Group 1: Drilling Results - A total of 18,000 meters of drilling has been completed across 18 holes, with an additional 3,000 meters planned due to positive results [3]. - Hole SN-25-30 intersected 560 meters of mineralization averaging 0.87 grams per tonne (gpt) gold and 0.16% copper, including a notable interval of 58 meters at 2.62 gpt gold and 0.40% copper [2][9]. - The drilling has established a mineralized zone with a strike length of 1,800 meters, characterized by potassic alteration and porphyry stockwork veining [3]. Group 2: Geological Insights - The drilling program has revealed a core zone within the mineralized envelope, showing strong gold and copper grades extending for hundreds of meters [4]. - Hole SN-25-28 encountered a variety of geological formations, including potassic alteration and stockwork veining, indicating a complex mineral system [4][5]. - Hole SN-25-30 displayed intense potassic alteration and a high density of mineralized veins, suggesting the presence of an intrusive body [6][8]. Group 3: Future Plans - The company is confident in achieving the necessary drill density to support a maiden resource estimate for Snip North, expected to be announced early next year [4][16]. - The ongoing exploration aims to further delineate the extent of the mineralization and refine geological models based on the latest drilling results [3][16].