Seabridge drills 560 m of 0.8 g/t Au, 0.16% Cu at Iskut
Executive Summary
- Seabridge Gold announced assay results for hole SN‑25‑30, intersecting 560 m @ 0.87 g/t Au and 0.16 % Cu, including a higher‑grade core of 58 m @ 2.62 g/t Au and 0.40 % Cu.
- The new data confirm the continuity, tenor and strike length (~1,800 m) of copper‑gold porphyry mineralization at Snip North, supporting plans for a maiden resource estimate early next year.
- An additional 3,000 m of drilling has been approved, bringing total drill coverage to 18,000 m across 18 holes.
Key Details
- Hole SN‑25‑30 (SW‑directed, offset 174 m NW of SN‑25‑25):
- Intercepts 560 m @ 0.87 g/t Au and 0.16 % Cu.
- Within this interval, a higher‑grade zone of 58 m @ 2.62 g/t Au and 0.40 % Cu was intersected.
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Mineralized intervals include intense potassic alteration, quartz‑sulphide‑biotite veining, carbonate‑quartz‑molybdenite veins, and a breccia with porphyritic‑andesite clasts suggesting an intrusive body.
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Hole SN‑25‑28: 348 m NE of SN‑25‑26; encounters potassic alteration, stockwork veining, fault‑controlled intrusives at ~400 m depth; alteration diminishes below.
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Hole SN‑25‑29: 212 m E of SN‑25‑26; traverses sedimentary and volcanoclastic units with pervasive biotite alteration, quartz‑magnetite‑sulphide veins, and molybdenite-bearing zones at depth.
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Overall drilling program:
- Total to date: 18,000 m in 18 holes across Snip North.
- Planned expansion: additional 3,000 m of drilling to achieve density required for a maiden resource estimate.
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Strike length of mineralization now established at ~1,800 m with steep north‑ and west‑plunging geometry.
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Geological significance:
- Discovery of breccia containing porphyritic andesite clasts at 907 m suggests a potential porphyry intrusion—one of the primary objectives of the 2025 program.
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Multiple fluid phases inferred from cross‑cutting vein relationships, indicating a robust mineralizing system.
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Assay methodology: Samples processed by ALS Global (ISO‑accredited) with blind standards, blanks and duplicates per industry best practice; true thickness of intervals not yet determined.
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Qualified Person: Release reviewed and approved by William Threlkeld, P.Geo., Senior Vice‑President, Exploration (NI 43‑101 qualified).
Notable Quotes
“Our concepts for Snip North are developing as expected. A core zone may be emerging within this mineralized envelope showing strong gold and copper grades that we see continuing for hundreds of metres in our drill logs… We will achieve the density of drilling projected to be necessary for a maiden resource, and we are confident of announcing a mineral resource estimate for Snip North early next year.” – Rudi Fronk, Chair & CEO, Seabridge Gold Inc.