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