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Nevada remains the best gold mining jurisdiction in the world due to geology, infrastructure, permitting, low costs and currency |
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Major discoveries still being made in Nevada applying new interpretation to historic districts |
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By 2001, 90% of Nevada claims dropped due to low gold price |
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Promising projects became available which had not been explored in decades |
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Seabridge acquired databases containing historic gold exploration results to guide its acquisition program |
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In 2002, 30+ exploration projects staked in Nevada, each with known gold occurrences, making Seabridge a major player in Nevada gold exploration |
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Six projects farmed out for exploration by partners |
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Surface exploration completed by Seabridge on Golden Arrow and Four-Mile Basin, identifying large gold targets to be drilled by Seabridge in 2006 |
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Low-cost exploration on multiple known gold occurrences = significant discovery potential |
