Seabridge Continues to Expand Core Zone Resources at KSM

In late March, Seabridge Gold reported significant additions to gold and copper resources in core zones at its KSM project in northwest British Columbia. The inferred resource in the project’s Deep Kerr deposit has been expanded by 52% to 782 million mt grading 0.33 g/mt gold and 0.54% copper for 8.2 million oz of contained gold and 9.3 billion lb of copper, while an initial inferred resource for the project’s Iron Cap Lower Zone has come in at 164 million mt averaging 0.59 g/mt gold and 0.27% copper for 3.1 million oz of contained gold and 961 million lb of copper.

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Erdene Drilling Confirms High-grades at Altan Nar

Erdene Resource Development Corp. reports that the resource drilling program at its wholly-owned Altan Nar gold-polymetallic exploration project in southwest Mongolia has confirmed continuity of near-surface, high-grade mineralization. Erdene President and CEO Peter Akerley said, “In addition to the significant grade and size potential of individual targets, what continues to be most impressive about Altan Nar is the high frequency of mineralized zones encountered throughout the 5.6-km-long district, indicating that Altan Nar has tremendous potential for the discovery of additional mineralized zones.”

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Highlands Pacific, Anglo American Form Papua New Guinea JV

Highlands Pacific announced in January that joint-venture exploration and development agreements between Highlands and Anglo American covering Highlands’ Star Mountains copper-gold project in western Papua New Guinea were due to be finalized by February 5. Anglo had completed due diligence on the project and was in the advanced stage of planning a drilling campaign, with exploration expected to begin during the first quarter of 2015.

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