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SA - Seabridge Gold: The Economics Of KSM Are Much Better Now But A Partner Is Needed
Seabridge Gold Inc.
Seabridge Gold (SA) released the results of an updated PEA for its large KSM copper-gold project. The newest study presents several improvements to the project and confirms its world-class status and its potential to become one of the biggest copper-gold mines in the world. However, the main problem still remains. The initial CAPEX is very high, out of the reach of Seabridge Gold. If the mine should be built, Seabridge needs to find a strong partner. Or to get acquired.
There are several differences to the development plans outlined by the 2016 PEA