GOLD: Seabridge to acquire Goldstorm project

NEVADA – Seabridge Gold of Toronto has signed a definitive agreement to acquire 100% of the Goldstorm project from Mountain View Gold […]
The location of the Goldstorm project only 3 km from the Snowstorm property. (Image: Seabridge Gold)
[caption id="attachment_1003729057" align="aligncenter" width="411"] The location of the Goldstorm project only 3 km from the Snowstorm property. (Image: Seabridge Gold)[/caption] NEVADA – Seabridge Gold of Toronto has signed a definitive agreement to acquire 100% of the Goldstorm project from Mountain View Gold Corp. The sale price will be paid with 25,000 common shares of Seabridge. The Goldstorm project is located about 3 km east of Seabridge’s 100% owned Snowstorm property. It lies at the intersection of the Northern Nevada Rift, Carlin Trend and Getchell Trend. Little exploration has been done at Goldstorm, however previous operators identified a series of northwest trending veins that showed strong pathfinder geochemistry and anomalous gold. A surface trench yielded 3.0 metres of 9.0 g/t gold and 44.0 g/t silver. Mountain View did limited drilling, the best assay of which was 2.0 metres of 5.50 g/t gold, including 1.1 metre of 9.29 g/t. Seabridge is also the owner of the massive KSM gold-copper project and the Iskut gold project in British Columbia  and the Courageous Lake gold project in the Northwest Territories. Visit www.SeabridgeGold.com for more information.

Comments

Your email address will not be published. Required fields are marked *