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Exploring the Potential of Snip North Porphyry: Unlocking its Mineral Wealth

kent-jackson by kent-jackson
October 10, 2024
in News
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Exploring the Potential of Snip North Porphyry: Unlocking its Mineral Wealth
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Exploring Promising Copper-Gold Mineralization at Iskut

Seabridge Gold Inc. recently announced promising results from drilling at the Snip North target on its Iskut project in British Columbia’s Golden Triangle. This drilling revealed a thick zone of copper-gold mineralization, highlighting the potential of the property.

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Expanding Potential for Large Deposits

Seabridge acquired the Iskut project in 2016 due to its potential to host large porphyry copper-gold deposits. The property, located about 30 kilometers east of the company’s KSM mine project, has historical production from the 1980s-era Johnny Mountain mine, which yielded gold, silver, and copper.

Seabridge Gold Inc.

District-Scale Porphyry Targets

Iskut hosts the Bronson Slope deposit, which boasts significant inferred resources of copper, gold, and silver. Additionally, Quartz Rise and Snip North are two other district-scale porphyry targets on the property. Regional surveys have confirmed a structural corridor connecting these targets.

Promising Results from Recent Drilling

Seabridge’s $12 million exploration program at Iskut this year has focused on following up on discoveries at Snip North. The drilling results include significant intercepts of copper-gold mineralization, indicating the presence of a nearby porphyry intrusive source.

Uncovering Porphyry Potential

The recent drilling has revealed an intensive potassium alteration event several hundred meters thick, suggesting proximity to a magmatic-hydrothermal event from a porphyritic intrusion. Seabridge believes they are on track to unlocking the porphyry potential they envisioned when acquiring the Iskut project.

Adding Insight:
The exploration results at the Iskut project showcase the importance of systematic exploration and follow-up drilling in unlocking the potential of mineral deposits. By focusing on known targets and building upon previous discoveries, companies like Seabridge Gold can maximize the success of their exploration efforts. This approach not only enhances efficiency but also increases the chances of making significant discoveries in mineral-rich regions like the Golden Triangle.

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