Updated PFS Confirms KSM Reserves Economic at Current Metal Prices
PEA Including New Discoveries Substantially Improves Estimated Profitability
Toronto, Canada – Seabridge Gold Inc. announced today that it has filed a NI 43-101 Technical Report at www.sedar.com for its 100%-owned KSM project located in northern British Columbia, Canada. The Technical Report includes previously announced results from an updated Preliminary Feasibility Study (the “PFS”) and a new Preliminary Economic Assessment (the “PEA”). The 2016 PFS was prepared by Tetra Tech, Inc. and the PEA was prepared by Amec Foster Wheeler Americas Limited. Both studies estimate operating and total costs for KSM that are well below industry averages for producing mines.
You may read the news release here