Seabridge Gold Inc. is a development-stage mining company engaged in the acquisition, exploration, and advancement of gold, copper, and silver properties across North America. The company's strategy is to maximize shareholder value by discovering and expanding mineral resources and advancing large-scale projects to a partner-ready stage, rather than self-funding and operating multi-billion-dollar mine builds.
Seabridge's principal asset is the 100%-owned Kerr-Sulphurets-Mitchell (KSM) project located in British Columbia's Golden Triangle. KSM is recognized as one of the largest undeveloped gold and copper projects globally, boasting massive proven and probable reserves. The company is actively seeking a major mining joint venture partner to advance KSM into production. Other key assets include the Iskut project, also in British Columbia, the Snowstorm project in Nevada, and the 3 Aces project in the Yukon Territory. In 2026, Seabridge initiated the spin-out of its Courageous Lake gold project in the Northwest Territories into a newly listed entity, Valor Gold Corp., to unlock standalone value for the asset.
As an exploration and development company, Seabridge Gold does not currently generate operating revenue from mining production. Its activities are funded through equity financings, strategic investments, and the sale of non-core assets. The company's value proposition is heavily tied to its significant resource base, providing investors with high leverage to rising gold and copper prices.
