Seabridge receives B.C. approval for KSM

摘要

Seabridge Gold's KSM project, one of the world's largest undeveloped gold and copper reserves, received final approval from the government of British Columbia in July for an Environmental Assessment Certificate. Only one other mine in the province has received the certificate in the last five years. Seabridge, whose other principal asset is the Courageous Lake gold project in the Northwest Territories, spent close to seven years and more than $176 million in exploration, engineering and environmental work leading to the approval for KSM in northern B.C. The KSM project has a 52-year mine life and an estimated 38.2 million ounces of gold, 9.9 billion pounds of copper, 191 million ounces of silver and 213 million pounds of molybdenum.