Seabridge Gold (SA) Confirms Positive Metallurgical Results at Snip North Deposit

By Maham Fatima | March 04, 2026, 11:37 AM

Seabridge Gold Inc. (NYSE:SA) is one of the most promising Canadian stocks according to analysts.. On March 2, Seabridge Gold announced results from the first systematic metallurgical test program conducted on its Snip North deposit, part of the 100% owned Iskut Gold-Copper Project in British Columbia’s Golden Triangle. Testing performed at ALS Metallurgy in Kamloops confirmed that the mineralization responds very well to conventional flotation, mirroring the flow sheet established for the company’s nearby KSM Project.

The program utilized drill-core samples from the 2025 exploration season, revealing that Snip North metallurgy shares significant similarities with the Mitchell deposit. The metallurgical assessment included locked cycle tests that produced high-quality copper-gold-molybdenum concentrates. Samples with head grades of 0.04% to 0.26% copper and 0.4 g/t to 1.21 g/t gold achieved final concentrate grades of up to 28% copper and 525 g/t gold.

Furthermore, supplementary cyanide leaching on pyritic concentrates significantly boosted overall gold recoveries to between 85.3% and 92.7%. Initial bond work index tests also indicated that the mineralization is relatively soft, making it suitable for standard grinding circuits. Rudi Fronk, Chair and CEO of Seabridge Gold Inc. (NYSE:SA), stated that these positive results provide a strong technical foundation for the development of a maiden resource estimate for Snip North.

Seabridge Gold (SA) Confirms Positive Metallurgical Results at Snip North Deposit
Image by Csaba Nagy from Pixabay

Seabridge Gold Inc. (NYSE:SA), together with its subsidiaries, acquires and explores gold properties in North America. It explores for gold, copper, silver, and molybdenum deposits.

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