19 Dec 2007drilling result▲ Good
The final 11 holes of 2007 confirmed the upgrade and expansion at Mitchell.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
5 Dec 2007drilling result▲ Good
Nine more holes pointed to a significant upgrade and expansion of Mitchell's gold and copper resources.
13 Nov 2007drilling progress report● Neutral
Finished the 2007 Mitchell program and commissioned a new resource report.
22 Oct 2007drilling result▲ Good
The first eight holes of a 15,000 metre summer program extended Mitchell north, south and at depth.
22 Oct 2007drilling result▲ GoodMajor
Hole M-07-35 extended Mitchell at least 300 metres deeper, running 682 metres of continuous mineralisation from surface averaging 0.92 g/t gold and 0.24% copper and ending in the best grades yet seen on the property.
15 May 2007resource reserve update▲ GoodMajor
Filed the first technical report on a gold-copper resource at Mitchell and set out a 2007 drill program to grow it.
31 Jan 2007drilling progress report● Neutral
Completed analysis of the 2006 drill program at Kerr-Sulphurets.
3 Jan 2007drilling result▲ Good
A five-hole program tested strike and depth extensions at the Sulphurets deposit, part of a 9,129 metre 2006 campaign across the Kerr-Sulphurets project.
17 Nov 2006drilling result▲ GoodMajor
Seven more holes at Mitchell expanded the newly recognised gold-copper porphyry and confirmed grade continuity comparable to operating mines. Mitchell had only just been drilled for the first time, five months after Seabridge bought back full ownership of Kerr-Sulphurets.
23 June 2006drilling progress report● Neutral
Started the summer drill program at Courageous Lake.
9 May 2006asset acquisition disposition▲ GoodMajor
Bought out Falconbridge's option to earn 65% of Kerr-Sulphurets for 200,000 shares and up to 2.0 million conditional warrants, taking the project back to 100% and planning a 2006 program to test the Mitchell gold zone. This is the transaction that makes KSM wholly Seabridge's, and Mitchell is the zone that becomes the core of it.
21 Apr 2006capital raising announcement● NeutralMajor
Closed a C$8.44 million placement of 875,000 shares at C$9.65, with insiders taking 205,000 of them - 161,500 through Pan Atlantic Bank and Trust, controlled by Albert D. Friedberg, then the largest shareholder. Friedberg entities are still buying Seabridge placements a decade later. Proceeds were for the Noche Buena acquisition and drilling.
5 Apr 2006business combination▲ GoodMajor
Agreed to buy the Noche Buena gold project in Sonora, Mexico from Hecla Mining for US$4,350,000 in cash, after commissioning its own technical report on it.
21 Feb 2006drilling progress report● Neutral
Identified a new target at the Four-Mile Basin property in Nevada and designed a 2006 program to test it - one of the small US properties later folded into Wolfpack Gold.
17 Nov 2005drilling progress report● Neutral
Planned a 15,000 metre drill program at Courageous Lake, funded by a $3.1 million flow-through financing - the fourth flow-through round in fifteen months.
21 Oct 2005capital raising announcement● Neutral
Closed the $5.0 million private placement.
3 Oct 2005capital raising announcement● Neutral
Arranged a $5.0 million private placement, the largest raise in the record to that point.
2 Mar 2005capital raising announcement● Neutral
Closed the $2.1 million flow-through financing for the Courageous Lake drill program.
22 Feb 2005resource reserve update▲ Good
A new technical report by SRK added 1,729,000 tonnes at 2.97 g/t (165,000 ounces) of inferred resources at the 100%-owned Red Mountain project in British Columbia, a 34% increase, and said there was room for more.
17 Feb 2005drilling progress report● Neutral
Arranged a $2.1 million flow-through financing to pay for a drill program at Courageous Lake.
14 Jan 2005resource reserve update● Neutral
Filed a technical review of the Courageous Lake property by Resource Modeling Inc, the consultant that goes on to build every Seabridge resource model for the next decade.
8 Sept 2004capital raising announcement● Neutral
Raised $2.25 million in flow-through shares to fund exploration at Courageous Lake. The first financing in the record, and the template for two decades of them.
7 June 2004quarterly activities report● Neutral
Earliest cached filing: the first-quarter 2004 report to shareholders, with permits received for drilling at Courageous Lake and the Stonewall project optioned to Hecla. Seabridge is already doing then what it does throughout - drill its own big deposits and hand the small ones to others.