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Seabridge Gold

09:52 AM EST - Seabridge Gold : Announced today that an updated Preliminary Economic Assessment for its 100%-owned KSM project has confirmed the potential for a dramatic improvement in project economics by incorporating the recently expanded, higher grade Iron Cap deposit into mine plans. This alternate scenario does not impact the current Preliminary Feasibility Study which remains in effect and will be included with the 2020 PEA in an updated NI 43-101 Technical Report to be filed on SEDAR within 45 days. KSM is located in mining-friendly British Columbia, Canada near existing and past producers as well as valuable transportation and energy infrastructure. KSM is the world's largest undeveloped gold/copper project measured by Mineral Reserves, which do not include a sizeable Inferred Mineral Resource at the project's four deposits. Seabridge Gold shares T.SEA are trading up $0.05 at $19.00.