Toronto, Ontario--(Newsfile Corp. - November 13, 2023) - Seabridge Gold (TSX: SEA) (NYSE: SA) announced today that it has filed its Report to Shareholders, Interim Financial Statements and Management's Discussion and Analysis for the three months period ended September 30, 2023 on SEDAR. To review these documents on the Company website, please see https://www.seabridgegold.com/investors/financial-reports.
Recent Highlights
KSM Substantially Started activities continue with plans to file application in January 2024
KSM JV process advancing with five companies completing site tours
23 hole drill program completed at Iskut testing Bronson Slope and Snip North targets
27 hole drill program completed at 3 Aces designed to confirm geologic model
2023 drill program completed at Snowstorm focused on testing prospective fault zones
Financial Results
During the three-month period ended September 30, 2023 Seabridge posted a net loss of $5.3 million ($0.06 per share) compared to a net profit of $5.0 million ($0.06 per share) for the same period last year. During the 3rd quarter, Seabridge invested $73.7million in mineral interests, compared to $63.4 million during the same period last year. At September 30, 2023, net working capital was $79.9 million compared to $88.4 million at December 31, 2022. read more on
https://www.newsfilecorp.com/release/187242/Seabridge-Gold-Files-Third-Quarter-2023-Report-to-Shareholders-and-its-Financial-Statements-and-MDA |