Seabridge Gold files third quarter report to shareholders and its financial statements and MD&A
12 November 2020
Seabridge Gold reported today that it has filed its Report to Shareholders, Interim Financial Statements and Management’s Discussion and Analysis for the three and nine months ended September 30, 2020 on SEDAR (www.sedar.com). To view the Report on the Company’s website, please see: https://seabridgegold.net/sharefinrep.php.
Entering Q3, there were significant risks and uncertainties concerning how COVID-19 would impact planned field activities and what the Company could safely achieve without risking its employees, consultants and our Treaty and First Nation partners. Our team worked closely with Treaty and First Nations, government health organizations, suppliers and other exploration companies in each of our areas of focus to develop effective procedures for operating in the current global health crisis. These efforts successfully prevented infection of our work sites and surrounding communities.
Despite having to cut back our 2020 programs in response to the coronavirus, we were able to accomplish the following:
• Completed geotechnical drill program along KSM’s tunnel route
• Drilling at Iskut found additional evidence of a large gold-copper porphyry system
• Drilling got underway at Snowstorm in Nevada
• Exited Q3 with one of the strongest working capital positions in our 21 year history