Seabridge Gold's KSM project gains priority status in British Columbia

Seabridge Gold Inc. (TSX: SEA) (NYSE: SA) announced that the Province of British Columbia has designated the company's KSM Project as a provincial priority project. The designation provides dedicated provincial permitting coordination and support, which the company expects will streamline permitting timelines.

The KSM Project contains 7.3 billion pounds of copper and 47.3 million ounces of gold in proven and probable reserves, according to the company's statement. The reserves total 2.29 billion tonnes grading 0.64 grams per tonne gold and 0.14% copper.

The priority project designation is part of British Columbia's strategy to advance developments that create jobs across the province. The province's decision reflects the project's alignment with the Look West strategy, which focuses on delivering major projects and supporting natural resource development.

"Recognition of KSM as a provincial priority project reflects the quality of the work completed to date and the value KSM represents for British Columbia and Canada," said Seabridge Chair and CEO Rudi Fronk.

The company stated it will continue working with local communities and Indigenous groups, including Nisg̱a'a Lisims Government, Tahltan Central Government, and Gitxsan Hereditary Chiefs Office.

Seabridge Gold holds interests in several North American gold projects. Its principal assets include the KSM and Bronson Corridor projects in British Columbia's Golden Triangle, along with projects in the Northwest Territories, Nevada, and Yukon.

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