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Seabridge Gold

Snowstorm: PROPERTY


The Snowstorm Project is one of the most prospective gold exploration opportunities in Nevada. Snowstorm consists of 31 square miles of land holdings strategically located at the projected intersection of three of the most important gold trends in Northern Nevada: the Carlin Trend, the Getchell Trend and the Northern Nevada Rift Zone (see map below). The project is contiguous, and on strike, with several large, successful gold producers including the Getchell/Turquoise Ridge Joint Venture operated by Barrick Gold, Newmont Mining's Twin Creeks and Klondex Mines' Midas operations.

The Snowstorm property purchased by Seabridge in 2017 included 700 mining claims and 5,800 acres of fee lands carefully assembled in a private company over a 15 year period and explored over the past 10 years. Seabridge has staked an additional 277 claims totalling 5,540 acres that are contiguous to the purchased claims. The Snowstorm acquisition also included an extensive package of data generated by previous operators.

In August 2019, Seabridge acquired the neighbouring Goldstorm Project consisting of 134 mining claims and 1,160 leased acres (totaling approximately 3,900 acres or 15.9 km²) located about 3 km to the east of the Snowstorm Property. Goldstorm is in the Northern Nevada Rift (NNR), a geologic feature hosting many high grade gold-silver mines