Seabridge Develops New Gold Deposition Model for 3 Aces Project

Seabridge Gold has achieved a significant milestone in understanding the gold mineralization at its wholly owned 3 Aces project in Canada's Yukon Territory. The company's 2023 exploration program, which completed 7,759 meters of combined core and reverse circulation drilling within the Central Core Area, has successfully confirmed the key geological parameters that control gold deposition across the property.

This breakthrough in understanding the deposit's geological framework represents a critical advancement for the project, as it provides Seabridge with a clear roadmap for future exploration and resource delineation activities. The development of a robust gold deposition model is essential for optimizing drilling strategies and maximizing the efficiency of resource definition programs.

For Seabridge Gold, which trades on both the TSX and NYSE, this technical progress at 3 Aces adds to the company's portfolio of gold assets and demonstrates continued advancement in their exploration capabilities. The Yukon Territory remains an attractive jurisdiction for gold exploration, with established mining infrastructure and supportive regulatory frameworks.

The successful confirmation of mineralization controls at 3 Aces positions the project for more targeted and efficient follow-up programs, potentially accelerating the timeline toward resource estimation and eventual development decisions. This systematic approach to understanding deposit geology is characteristic of mature exploration companies and suggests a methodical path forward for the 3 Aces project.