Latest news with #Iskut
Yahoo
13-05-2025
- Business
- Yahoo
Seabridge Gold Files First Quarter Financial Statements and MD&A
Toronto, Ontario--(Newsfile Corp. - May 13, 2025) - Seabridge Gold (TSX: SEA) (NYSE: SA) announced today that it has filed its Interim Financial Statements and Management's Discussion and Analysis for the three-month period ended March 31, 2025 on SEDAR+ ( These statements are also available on Seabridge's website at Seabridge's Q1 2025 Report to Shareholders can be found here. Recent Highlights Secures US$100 million in new financings including US$20 million from a strategic investor 2025 field programs underway at KSM Issues 2024 report card and 2025 corporate objectives BC Government files responses to petitions challenging KSM's substantially started designation Fully funded exploration programs planned at Iskut and 3 Aces Gold price hits all-time high at US$3,500 per ounce Financial Results During the first quarter of 2025, Seabridge posted net earnings of $10.6 million ($0.11 per share) compared to a net loss of $8.2 million ($0.09 per share) for the same period in 2024. During the first quarter of 2025, Seabridge invested $14.3 million in mineral interests, property and equipment compared to $39.3 million invested in the first quarter of 2024. The working capital position increased by $110.9 million, from $37.8 million on December 31, 2024 to $148.7 million on March 31, 2025. Seabridge holds a 100% interest in several North American gold projects. Seabridge's assets include the KSM and Iskut projects located in northwest British Columbia, Canada's "Golden Triangle", the Courageous Lake project located in Canada's Northwest Territories, the Snowstorm project in the Getchell Gold Belt of Northern Nevada and the 3 Aces project set in the Yukon Territory. For a full breakdown of Seabridge's mineral reserves and mineral resources by category please visit Seabridge's website at None of the Toronto Stock Exchange, New York Stock Exchange, or their Regulation Services Providers accepts responsibility for the adequacy or accuracy of this release. ON BEHALF OF THE BOARD"Rudi Fronk" Chairman and C.E.O. For further information please contact:Rudi P. Fronk, Chairman and (416) 367-9292 • Fax: (416) 367-2711Email: info@ To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-03-2025
- Business
- Yahoo
Seabridge Gold Files 2024 Annual Information Form, Year End Audited Financial Statements and MD&A
Toronto, Ontario--(Newsfile Corp. - March 27, 2025) - Seabridge Gold (TSX: SEA) (NYSE: SA) announced today that it has filed its Annual Information Form, Audited Consolidated Financial Statements and Management's Discussion and Analysis for the year ended December 31, 2024 on SEDAR ( These documents are also available on the Company's website at Seabridge's Form 40-F will be filed shortly with the SEC on EDGAR ( The Company's Shareholders may, upon written request, receive a hard copy of the Company's complete 2024 audited consolidated financial statements free of charge. During the year ended December 31, 2024 Seabridge posted a net loss of $31.2 million ($0.35 per share) compared to a net loss of $29.3 million ($0.35 per share) for the previous 12-month period. During 2024, on a cash basis, Seabridge invested $106.3 million in mineral interests, property and equipment compared to $230.2 million in 2023. At December 31, 2024, net working capital was $37.8 million compared to $54.5 million at December 31, 2023. Chairman and CEO Rudi Fronk said: "2024 was a year of important accomplishments including the Substantially Started Determination from the BC government, discovery of a large system of gold and copper mineralization on the Company's Iskut project and engagement with leading global miners on the KSM partnership opportunity. Our number one corporate objective for 2025 is to secure a partner for KSM that possesses the technical, financial and social skills to advance the project to a production decision." In February 2025, Seabridge strengthened its balance sheet by completing two equity financings for gross proceeds of $142.5 million (US$100 million) consisting of a bought-deal financing of 6,540,000 common shares at US$12.25 per share plus, plus a private placement on the same terms with a strategic investor of 1,640,000 common shares, all at US$12.25 per share. Net proceeds from these financings will be used by the Company to make the payments to BC Hydro contracted for completion of the KSM switching station; complete a program to collect all remaining anticipated field data for, and undertake early value engineering to support, a KSM bankable feasibility study; respond to data requirements from the joint venture process; fund other costs associated with ongoing activities at the Company's 100%-owned KSM gold-copper project in northeast British Columbia, Canada; and for general corporate purposes. Seabridge holds a 100% interest in several North American gold projects. Two of Seabridge's principal assets, the KSM project and its Iskut project, are located in British Columbia's "Golden Triangle". The Courageous Lake project is located in Canada's Northwest Territories, the Snowstorm project in the Getchell Gold Belt of Northern Nevada and the 3 Aces project in the Yukon Territory. For a full breakdown of Seabridge's mineral reserves and mineral resources by category please visit the Company's website at Neither the Toronto Stock Exchange, New York Stock Exchange, nor their Regulation Services Providers accepts responsibility for the adequacy or accuracy of this release. ON BEHALF OF THE BOARD"Rudi Fronk"Chairman and C.E.O. For further information please contact:Rudi P. Fronk, Chairman and (416) 367-9292 • Fax: (416) 367-2711Email: info@ To view the source version of this press release, please visit
Yahoo
26-02-2025
- Business
- Yahoo
Seabridge Gold Reports on 2024 Corporate Objectives
Toronto, Ontario--(Newsfile Corp. - February 26, 2025) - For more than 20 years, Seabridge Gold (TSX: SEA) (NYSE: SA) has set and published annual objectives and reported on the results at the end of each year which we call our report card. For 2024, the Company set fifteen specific objectives which were published in April 2024. Were we successful? See our 2024 Report Card. Seabridge holds a 100% interest in several North American gold projects. Seabridge's principal assets, the KSM project, and its Iskut project are located in British Columbia, Canada's "Golden Triangle", the Courageous Lake project is in Canada's Northwest Territories, the Snowstorm project in the Getchell Gold Belt of Northern Nevada and the 3 Aces project set in the Yukon Territory. For a full breakdown of Seabridge's mineral reserves and mineral resources by category please visit the Company's website at Neither the Toronto Stock Exchange, New York Stock Exchange, nor their Regulation Services Providers accepts responsibility for the adequacy or accuracy of this release ON BEHALF OF THE BOARD"Rudi Fronk"Chairman and C.E.O. For further information please contact:Rudi P. Fronk, Chairman and (416) 367-9292 • Fax: (416) 367-2711Email: info@ To view the source version of this press release, please visit
Yahoo
20-02-2025
- Business
- Yahoo
Aben Minerals Management to Examine Forrest Kerr Gold Project
Vancouver, BC, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Vancouver, BC -- Aben Minerals Ltd. (TSX-V: ABM) (OTCQB: ABNAF) (Frankfurt: R26) ('Aben' or 'the Company') announces that it intends to review data from the Forrest Kerr Gold Project in light of the recent announcements from adjacent companies. Both Skeena's KSP project and Seabridge Gold's Iskut project have seen notable developments and are located directly adjacent to the Southern border of the 100% owned Forrest Kerr Gold Project. Aben Minerals has been a contributor to the Golden Triangle's gold exploration scene since 2016 and has had several successful drill intercepts at the Boundary Zone including: FK17-05: average 1.20 g/t Au, 1.80 g/t Ag and 0.21% Cu over 122.0 m 2024 NI 43-101 Technical Report President and CEO Riley Trimble states, 'Skeena has had notable success in their 2024 initial drill program at the KSP project and Seabridge has stated that their discovery at Iskut will be key in their 2025 exploration plans. Aben is well positioned geographically to both projects and we believe that we can add value for shareholders with the Forrest Kerr Project moving forward. I believe this entire region is going to be vital for the Canadian metals industry over the next 20 years and we look forward to contributing.' About Aben Minerals: Aben Minerals is a Canadian gold exploration company with exploration projects in the Yukon Territory and British Columbia. The Company's flagship, the 7,400-hectare, 100% owned Justin Gold Project is located in the southeast Yukon in the Tintina Gold Belt adjacent to Seabridge Gold's 3 Aces Project. Aben Minerals also owns 100% of the Forrest Kerr Gold Project located in the Golden Triangle of British Columbia and shares claims borders with Skeena's KSP Project, and Seabridge Gold's Iskut Project. The Company's goal is to increase shareholder value through new discoveries and developing exploration projects in geopolitically favourable jurisdictions. The Company has 23.2 million shares outstanding. TwitterLinkedIn For further information on Aben Minerals Ltd. (TSX-V: ABM), visit our Company's website at ABEN MINERALS LTD. 'Riley Trimble'______________________Riley TrimblePresident & CEO For further information contact:Aben Minerals Trimble, President & CEOTelephone: 604-639-3852Facsimile: 604-687-3119Email: info@ Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at for further information.
