Seabridge Gold Reports 85% Gold Recovery from Snip North Deposit Metallurgical Tests in BC
Seabridge Gold Inc. announced successful metallurgical test results from its Snip North Deposit in British Columbia, achieving gold recoveries between 85.3% and 92.7%. The tests, conducted on drill-core samples, indicated high-grade copper and gold concentrates, with significant recovery rates using conventional flotation methods. Additionally, the company plans a spin-out of its Courageous Lake gold project into Valor Gold Corp., set to seek listings on the TSX and OTCQB by mid-2026.
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Seabridge Gold Inc. reported high gold recoveries of 85.3% to 92.7% from metallurgical tests on the Snip North Deposit in British Columbia. The tests involved 10 drill-core samples and confirmed the deposit's favorable response to flotation methods.
The initial locked cycle tests revealed copper grades of 20%-28% and gold grades from 83 to 525 g/t. Seabridge also plans to spin out its Courageous Lake gold project into Valor Gold Corp., expected to be listed on the TSX and OTCQB by mid-2026, with a shareholder meeting scheduled for June 2026 to approve the plan.
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