•
|
Significant gold and copper resources contained in two separate deposits
modeled by Placer Dome (SEE June 14, 2001 news)
|
|
•
|
Project optioned to Falconbridge for further exploration and development (SEE Sep. 17, 2002 News Release) |
•
|
Falconbridge tested four new gold-copper targets during 2005 ( SEE Nov. 28, 2005 News Release) |
•
|
Seabridge reacquired a 100% interest in Kerr-Sulphurets
(SEE Sept. 5 and SEE Apr. 27, 2006 News Releases) |
• |
Drilling at Mitchell confirms large gold-copper system
( SEE Jan. 29, 2007 News Release) |
• |
A 43-101 resource estimate infers 13.1 million ounces of gold
and 2.2 billion pounds of copper at Mitchell (SEE Apr. 11, 2007 News Release) |
•
|
A new drill program began in June, 2007. The program extended the Mitchell deposit in three directions
(SEE Dec. 19, 2007 News Release). |
•
|
A 43-101 resource estimate for the Kerr and Sulphurets zones was completed in January, 2008 confirming total resources of 4.5 million ounces of gold and more than 3 billion pounds of copper (SEE Jan. 10, 2008 News Release). |
• |
A new 43-101 resource estimate for the Mitchell zone calculated 29.6 million ounces of gold and 5.1 billion pounds of copper (SEE Feb. 20, 2008 News Release). |
•
|
A new 15,000 meter core drilling program at KSM will begin in June to
test higher grade targets and upgrade remaining inferred resources to the indicated category
(SEE Mar. 25, 2008 News Release). |
•
|
Holding costs C$85,000 per annum |
