Seabridge Gold Completes Acquisition of Goldstorm Project, Northern Nevada
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Seabridge Gold has closed its purchase of the Goldstorm Project in northern Nevada from Mountain View Gold Corp.
The Goldstorm property consists of 134 mining claims and 1,160 leased acres (totaling approximately 3,900 acres or 15.9km) located about 3km to the east of Seabridge’s Snowstorm Property where Seabridge has commenced its first drill program. The Snowstorm drill program is targeting a Turquoise Ridge/Twin Creeks type of high-grade gold system along a continuation of the Getchell Trend. Seabridge has confirmed that the Trend extends into favorable stratigraphy on the Snowstorm property under thin volcanic rock cover. Approximately 7 to 10 coincident structural and stratigraphic targets will be tested in the initial program which is expected to provide enough information to refine targeting for subsequent exploration including further geophysical surveys and drilling.
Snowstorm’s 80.3km of land holdings are strategically located at the projected intersection of three of the most important gold trends in Northern Nevada: the Carlin Trend, the Getchell Trend and the Northern Nevada Rift Zone. Goldstorm is in the Northern Nevada Rift (NNR), a geologic feature hosting many high grade gold-silver mines. This mineral trend is a discrete 5 to 30km wide linear magnetic high which trends 340o for more than 500km. The NNR is characterized by mafic and felsic volcanic centers associated with crustal extensions between 15.0 and 16.5 million years old.
About Seabridge Gold
Seabridge Gold holds a 100 percent interest in several North American gold resource projects. The company’s principal assets are the KSM and Iskut properties located near Stewart, British Columbia, Canada and the Courageous Lake gold project located in Canada’s Northwest Territories.
To stop by Seabridge Gold’s website, CLICK HERE
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