Short window, hopes to generate almost 2,000 meters of core

Seabridge Gold Inc. Sept. 12 announced it has received the permits needed to carry out a drill program now underway at its 3 Aces gold project in southeastern Yukon.

The Yukon Department of Energy, Mines, and Resources issued Seabridge a class 4 exploration permit, which allows the company to establish a camp and carry out field activities that include line cutting, trenching, geological mapping, geophysical surveys, and drilling at the orogenic-gold project within the traditional home of the Liard First Nation near the community of Watson Lake.

You can read about Seabridge Gold's and the Liard First Nation's agreement at Seabridge and Liard First Nation agreement in the May 27, 2022, edition of North of 60 News.

Acquired in 2020, the 357-square-kilometer (92,665 acres) 3 Aces property encompasses two of the highest-grade surface outcrops discovered to date in the Yukon and has been found to contain at least 30 mineralized veins through previous sampling, trenching, roadwork, and drilling.

Seabridge says the target concept for 3 Aces is consistent with some of the largest and richest gold deposits in the world, including the California Mother Lode Belt, Juneau Gold Belt, the Murentau in Uzbekistan and Obuasi in Ghana.

Field programs completed last year identified four separate target areas for drill testing.

With the approaching Yukon winter limiting the time left for 2022 drilling at 3 Aces, Seabridge plans to use the small window left to begin testing four targets at the Hearts zone. This drilling aims to confirm that gold-bearing veins are hosted in a particular geology – the axis of secondary anticlinal folds and specific thrust faults – as indicated by Seabridge's 3D model of the zone.

The current program is expected to generate 1,500 to 1,800 meters of core to improve the model controls on Hearts' structures and institute sampling protocols to confirm the reliability and repeatability of gold assays.

"We think our new model may be able to resolve the continuity issue and prepare us for a much larger resource delineating program next year," said Seabridge Gold CEO Rudi Fronk.

With the class 4 exploration permit out of the way and an agreement of cooperation from the Liard First Nation, Seabridge is excited to begin filling in the gaps in its model and outlining the full potential of 3 Aces.