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Large property in northern Nevada with
past open pit/heap leach gold production |
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Drill program by Seabridge confirmed potential for intact high-grade gold underground deposit similar to nearby Midas and Sleeper mines
(see news release of November 7, 2000) |
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More than 2 kilometres of gold bearing structures and 400 metres of vertical extent
identified to date |
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Potential for multi-million ounce deposit with operating costs in the range of $100 per
ounce of gold |
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Holding costs US$38,000 per annum |
