Seabridge Gold Continues to Expand Snip North Deposit

Core Insights - Seabridge Gold has reported significant drilling results from the Snip North Deposit at the Iskut project, indicating a large and robust Porphyry Cu-Au system with mineralization defined over a strike length of 2,100 meters, a dip projection of 600 meters, and a width of up to 700 meters [1][2] Drilling Results - The recent drilling has intersected wide intervals of consistent gold and copper grades, with notable holes such as SN-25-31 to SN-25-42 designed to infill and characterize potassic alteration and replacement mineralization [4][5] - Drill hole SN-25-31 reported an interval of 293.0 meters with an average gold grade of 0.46 gpt and copper grade of 0.10% [6] - Other significant results include SN-25-34 with 538.9 meters at 0.52 gpt gold and 0.13% copper, and SN-25-38 with 392.5 meters at 0.57 gpt gold [6][7] Geological Characteristics - The mineralization is primarily confined to a broad zone of potassic alteration within Triassic Stuhini sedimentary and volcanic rocks, characterized by hydrothermal biotite and magnetite [3] - The system exhibits intense quartz-sericite-pyrite alteration, indicating high-temperature and high magmatic fluid flux, with significant molybdenum grades observed [4] Future Outlook - The company is confident in achieving a significant maiden resource estimate for Snip North in early 2026, with ongoing assays and modeling to further define the limits of mineralization [2][11] - There is potential for discovering a higher-grade intrusive source, as indicated by promising results from specific drill holes [2][11]