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New PEA expands potential of Seabridge Gold's KSM project
Seabridge Gold has reported the results of a new preliminary economic assessment (PEA) of it KSM gold-copper-silver project in northern British Columbia that includes underground mining of inferred resources in the project's Deep Kerr and Iron Cap Lower zones. The PEA identifies significant potential project improvements in comparison to an earlier 2016 preliminary feasibility study (PFS) that included only measured and indicated resources. Seabridge Gold chairman and CEO Rudi Fronk said that Seabridge has had great success at KSM upgrading inferred resources to higher categories, and they therefore believe that the improvements suggested by the PEA could be realized. In the PEA mine plan, open pits would account for only 22% of life-of-mine KSM production, compared to 70% in the PFS.
New PEA expands potential of Seabridge Gold's KSM project
Seabridge Gold has reported the results of a new preliminary economic assessment (PEA) of it KSM gold-copper-silver project in northern British Columbia that includes underground mining of inferred resources in the project's Deep Kerr and Iron Cap Lower zones. The PEA identifies significant potential project improvements in comparison to an earlier 2016 preliminary feasibility study (PFS) that included only measured and indicated resources. Seabridge Gold chairman and CEO Rudi Fronk said that Seabridge has had great success at KSM upgrading inferred resources to higher categories, and they therefore believe that the improvements suggested by the PEA could be realized. In the PEA mine plan, open pits would account for only 22% of life-of-mine KSM production, compared to 70% in the PFS.
New PEA expands potential of Seabridge Gold's KSM project
2016
Article (Journal)
English
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