Chris Temple interviews Rudi Fronk, Chairman and CEO of Seabridge Gold (NYSE-SA; TSX-SEA)
Chris catches up with Seabridge’s Fronk again today. The economics continue to get better at Seabridge’s flagship KSM Project, which in 2017 saw nearly 15 million ounces of gold and 7 billion pounds of copper added to overall resources. Some of the recent private placement which raised C$17 million–at a 27% PREMIUM to the market price–will go to more drilling at Iron Cap and likely an upgraded resource estimate and economic assessment later in the year.
Elsewhere, exploration is being jump-started at Courageous Lake. . .and geophysical and other work are slated for this year for the Snowstorm Project in Nevada (Below is a map of the area showing Snowstorm at the intersection of three different trends in northern Nevada.)
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NOTE: For the prior discussion late last year with Chris, Rudi and Cory referred to, go to Segment 2 at http://www.kereport.com/2017/11/11/gold-technical-fundamental-outlooks-key-company-update/