Referenced Stocks

Seabridge Gold Narrows Search for KSM High-Grade Core

By Midnight Trader,  September 27, 2012, 07:15:36 AM EDT

Seabridge Gold Inc. ( SA ) reported "encouraging" initial results in its search for a high-grade core underlying its very large KSM gold-copper project, prompting Seabridge to expand and extend the current exploration drilling program.

Two targets have generated drill results consistent with a possible core zone target. Drilling has also found additional zones of mineralization which are similar in style and grade to the known reserves.

SA closed at $18.93, trading near the lower end of 52-week range $12.20-$25.98.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks: SA



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