Seabridge Gold

Snowstorm: EXPLORATION

Historical Exploration

Exploration was conducted on the property under a management committee over a 10 year period until 2013. The work consisted of:

  • Surface geochemistry totalling more than 12,000 samples.
  • Nearly 466,000 ground magnetic survey readings.
  • Detailed gravity readings at 4,180 sites across the property.
  • Core drilling of 33,245 meters and Reverse Circulation drilling of 17,385 meters.

Between 2014 and May 2017, no field exploration work was conducted on the property as permitting, data compilation and consolidation of ownership were the focus of activities. After consolidation of the ownership in the Company, the surviving owner entered into negotiations with Seabridge. Seabridge Gold secured an undivided 100% interest in the project by acquiring the private company shares based upon its intention to implement a long-term exploration effort towards the discovery of a blind giant Northern Nevada gold deposit.

2018 Exploration Program

Seabridge's first program at Snowstorm has been designed to define drill targets before year end. The initial focus is to look for possible extensions of the Getchell Trend in the Osgood Mountains on the western side of the Snowstorm property. This target area has the aeromagnetic signature of the buried northeastern extension of the Osgood Mountain Range. Historical core containing carbonate Paleozoic stratigraphy, which is host to gold deposits in the Osgood Mountains, has been reviewed and is now being processed to characterize the clay component in the rock using short wave infrared technology. A key indicator of gold in the Getchell district is a specific alteration clay product associated with metal-bearing hydrothermal fluids. In conjunction with this work, additional geochemical samples are being taken from the stratigraphic section. These resulting data should help to establish the location and extent of hydrothermal fluids that have interacted with the favorable carbonate stratigraphy.

A magnetotelluric survey (CSAMT) has been contracted, commencing in July, also covering the western part of the property where drill holes have penetrated the carbonate host stratigraphy. CSAMT has locally been successful at identifying structures that cross the Paleozoic host stratigraphy below the volcanic cover. This year’s program will also include carbonate basin analysis and depositional modeling to provide an understanding of metal traps and additional gravity surveys to map the sub-surface geology and high-density alteration (dolomitization).