- Seabridge Gold (SEA) completes drilling at its Snowstorm Project in Northern Nevada
- Drilling targeted the structural zones with anomalous gold encountered in previous drill campaigns
- This off set drill program was designed to increase the number of intersections on a gold-bearing, structurally controlled intrusion to help vector towards higher grades
- The latest drilling re-entered completed holes from past campaigns, using directional drilling tools to deviate from the original targets
- Assay results are pending for CC-21-24A and are expected to provide better understanding of the scale of the thrust fault target along with gold and pathfinder element dispersion around intrusions
- Seabridge Gold’s (SEA) is down 2.97 per cent, trading at C$26.15 at 1:25 pm EST
Seabridge Gold’s (SEA) most recent drill program at its Snowstorm Project has been completed.
Snowstorm is located 15 kilometres north of Turquoise Ridge on an extension of the prolific Getchell Trend in Northern Nevada.
Drilling targeted the structural zones with anomalous gold encountered in previous drill campaigns.
This off-set drill program was designed to increase the number of intersections on a gold-bearing, structurally controlled intrusion to help vector towards higher grades.
The latest drilling re-entered completed holes from past campaigns, using directional drilling tools to deviate from the original targets.
The newly completed drilling totalled 1,320 meters of exploration drilling utilizing 982 meters of previous work.
Rudi Fronk, Seabridge Chairman and CEO commented on the drill program.
“Conditions around advancing this project remain challenging, but incremental progress continues. We knew a multi-year exploration program would be required to advance a deep blind target, and we remain confident of the potential.”
“Integrating these new results into our understanding is expected to define further targeting in our next campaign designed to advance towards discovering a Turquoise Ridge style opportunity,” added Fronk.
The 2021 program was designed to offset results from 2020. Two holes encountered sheared and altered zones of intrusive rock with gold, arsenic, and silver concentrations one to two orders of magnitude above background concentrations.
Shearing and alteration in these rocks indicated that a thrust fault within the favourable Paleozoic stratigraphy, intruded by an intermediate composition igneous rock, had provided a pathway for gold-bearing fluids.
This program targeted the intersection of the thrust fault near an identified north-south fault zone.
Drill hole CC-21-23C re-entered last hole 23. After several failed attempts to use directional tools, CC-23C deviated correctly from the mother hole at 532 meters and advanced toward the target.
Drilling was terminated at 924 meters when the casing shifted during a bit service, and the drill string could not return to the bottom.
Observations and assay results from this hole indicate it was sited in the expected stratigraphy to encounter the desired target.
Drill hole CC-21-24A was sited on the original CC-24 position; the daughter hole deviated at 452 meters and continued to completion at 1,379 meters.
Poor rock conditions and high groundwater pressures were encountered in this hole but were rectified by slowly and methodically advancing the drill hole casing.
Observations from CC-21-24A tracked closely with CC-20-24, providing an excellent stratigraphic column above the target. Intervals of intermediate intrusive rocks were cut between 1,301 and 1,358 meters.
Assay results are pending for CC-21-24A and are expected to understand better the thrust fault target’s scale and gold and pathfinder element dispersion around intrusions.
Seabridge holds a 100 per cent interest in several North American gold projects.
Seabridge’s assets include the KSM and Iskut projects near Stewart, British Columbia, Canada, the Courageous Lake project located in Canada’s Northwest Territories, and the Snowstorm project in the Getchell Gold Belt of Northern Nevada and the 3 Aces project located in the Yukon Territory.
Seabridge Gold’s (SEA) is down 2.97 per cent, trading at C$26.15 at 1:25 pm EST.
