Seabridge Gold files third quarter report to shareholders, financial statements and MD&A

13 November 2019

Seabridge Gold reported today that it has filed its Report to Shareholders, Financial Statements and Management’s Discussion and Analysis for the three and nine months ended September 30, 2019 on SEDAR (www.sedar.com). To view the Report on the Company’s website, please see: www.seabridgegold.net/sharefinrep.php. 
Recent Highlights

  • Drill program commences at Snowstorm, Nevada project
  • New gold-copper porphyry target identified at Iskut
  • Drill program at KSM targets high-grade gold occurrences near Sulphurets deposit
  • Acquisition completed of nearby Goldstorm Project in northern Nevada 
During the three-month period ended September 30, 2019 Seabridge posted a net loss of $2.5 million ($0.04 per share) compared to a loss of $2.8 million ($0.05 per share) for the same period last year. During the 3rd quarter, Seabridge invested $10.8 million in mineral interests, compared to $17.2 million during the same period last year. At September 30, 2019, net working capital was $19.1 million compared to $18.0 million at December 31, 2018.