Seabridge Gold announced a maiden inferred mineral resource estimate for the Snip North deposit, part of the Bronson Corridor Project in British Columbia’s Golden Triangle. The estimate, effective April 8 2026, was prepared by Wood Canada Limited, Moose Mountain Technical Services, and Tetra Tech Canada Inc.
The inferred resource totals 9.2 million ounces of gold, 28.3 million ounces of silver, and 923 million pounds of copper, based on 58 verified diamond drill holes completed between 2006 and 2025. The resource is open in several directions, indicating significant potential for expansion.
The Snip North deposit is the second identified mineralized zone within the Bronson Corridor, following Bronson Slope. The resource estimate adds a new, sizable asset to Seabridge’s portfolio in a highly prospective mining jurisdiction, strengthening the company’s position in the Golden Triangle.
Management highlighted the strategic importance of the new estimate, noting that it echoes the company’s first estimate at its flagship KSM project nearly 20 years ago and that further exploration could uncover the source intrusion. The company plans to return to the site to refine the resource and pursue additional drilling.
The announcement comes amid broader developments at Seabridge, including a delay in permit amendments for the KSM project’s Mitchell Treaty Tunnels, which has introduced uncertainty for that flagship asset. The company is also preparing to spin out its Courageous Lake project into a new entity, Valor Gold Corp., in 2026, a move expected to unlock value for shareholders.
Seabridge’s resource estimate for Snip North represents a significant milestone in the company’s exploration pipeline, providing a quantifiable base for future development and potential integration into its long‑term growth strategy.
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