Hole SN-24-19 intersects 382m of 0.45 gpt Au and 0.15% Cu

Toronto, Ontario--(Newsfile Corp. - January 21, 2025) - Seabridge Gold (TSX: SEA) (NYSE: SA) today announced the remaining results at Snip North from the 2024 drill program on our Iskut project in BC's Golden Triangle. The six remaining holes continued to define copper and gold mineralization over extensive widths. Continuous mineralization is now recognized across a strike length of approximately 2,000 meters and a dip projection of at least 600 meters (see here). Two distinct styles of mineralization are represented: a high-temperature potassic Cu-Au domain interpreted as proximal to an intrusive source; and an Au-Ag domain indicative of a lower temperature intermediate sulphidation epithermal system.

Seabridge Chairman and CEO Rudi Fronk commented: "We have defined a large, intense and extensive hydrothermal system that remains open down dip to the West and Northwest. This discovery will be our key exploration focus in 2025, working to delineate a mineral resource as quickly as practical. Our excitement for this discovery is enhanced by the fact that we have not yet found the intrusive source of the mineral system discovered last year. Our expectation is that building resources on Snip North in 2025 will provide critical knowledge transferable elsewhere on the Iskut Property where we see multiple centers with potential for additional discoveries of Cu-Au porphyry systems."

Mineralization at Snip North is hosted in Triassic Stuhini age volcanic rock and greywacke. Potassic alteration in these rocks is represented by extensive hydrothermal biotite, magnetite and potassium feldspar. Narrow quartz and quartz-magnetite veins with pyrite and chalcopyrite are abundant in this domain. These veins are enveloped by fine grained biotite and magnetite. The characteristics of this alteration and mineral assemblage are consistent with the central and high temperature portions of a Cu-Au porphyry. Although the intervals encountered are part of a stratigraphic package, the intensity and grade profile indicate proximity to the source intrusion.

see & read more on
https://www.seabridgegold.com/press-release/seabridge-gold-expands-iskut-s-snip-north-target-and-prepares-to-initiate-resource-definition-drilling-in-2025