LIVE Gold Prices $  | E-Mail Subscriptions | Update GoldSeek | GoldSeek Radio 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

GoldSeek.com to Launch New Website
By: GoldSeek.com

Is Gold Price Action Warning Of Imminent Monetary Collapse Part 2?
By: Hubert Moolman

Gold and Silver Are Just Getting Started
By: Frank Holmes, US Funds

Silver Makes High Wave Candle at Target – Here’s What to Expect…
By: Clive Maund

Gold Blows Through Upside Resistance - The Chase Is On
By: Avi Gilburt

U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months
By: Steve St. Angelo, SRSrocco Report

Gold's sharp rise throws Financial Times into an erroneous sulk
By: Chris Powell, GATA

Precious Metals Update Video: Gold's unusual strength
By: Ira Epstein

Asian Metals Market Update: July-29-2020
By: Chintan Karnani, Insignia Consultants

Gold's rise is a 'mystery' because journalism always fails to pursue it
By: Chris Powell, GATA

 
Search

GoldSeek Web

 
Seabridge Gold's KSM Project Receives Positive Federal EA Decision

 -- Published: Monday, 22 December 2014 | Print  | Disqus 

Trading Symbols:
TSX: SEA
NYSE: SA

TORONTO , Dec. 22, 2014 /CNW/ - Seabridge Gold announced today that the Federal Minister of the Environment, the Honourable Leona Aglukkaq , has issued her Environmental Assessment Decision Statement for Seabridge's KSM Project. The Statement endorses the conclusions of the KSM Comprehensive Study Report (CSR) prepared by the Canadian Environmental Assessment Agency ("CEAA") which found that the KSM Project is not likely to result in significant adverse effects on the environment. The federal decision is consistent with the Province of British Columbia's approval of KSM which was received on July 30 , 2014. 

Seabridge Gold Chairman and CEO Rudi Fronk stated that "with this positive decision, the Canadian Government has concluded its lengthy and rigorous environmental assessment process for the KSM Project, which began in 2009. I would like to thank Minister Aglukkaq for her decision and also acknowledge the professionalism of her technical team, led by the dedicated staff from CEAA, who were ably supported by representatives from Natural Resources Canada, including the Major Projects Management Office, Environment Canada, Fisheries and Oceans and Transport Canada. I would also like to acknowledge the continuing support of the Nisga'a Nation as well as the other First Nations and local communities whose involvement made substantial contributions to the achievement of this significant milestone. Finally, I want to thank the outstanding efforts made by our talented environmental and permitting team at Seabridge who deserve enormous credit for this accomplishment."

"Minister Aglukkaq's decision substantiates the findings of the Government of British Columbia and our own firm belief that KSM is a well-designed, environmentally responsible project which is technically feasible and offers significant economic benefits to both British Columbia and Canada . The federal and provincial approvals impose important conditions on the development, operation and closure of KSM which we fully support. In addition to meeting these requirements, we pledge to continue the open, forthright and respectful dialogue with all interested parties that characterized the approval process. We regard these approvals as initiating the next step in our deepening relationship with BC's northwest in which we strive to ensure that KSM meets the legitimate expectations of local communities as well our shareholders." 

The KSM Project underwent a joint harmonized federal-provincial environmental assessment review as outlined by the British Columbia Environmental Assessment Act and the Canadian Environmental Assessment Act.  This process began in March 2008 with the initiation of the provincial review; the federal review process commenced in July 2009.  The provincial process concluded in July 2014 with the receipt of the BC Environmental Assessment Certificate.

Seabridge holds a 100% interest in several North American gold resource projects. The Company's principal assets are the KSM property located near Stewart, British Columbia , Canada and the Courageous Lake gold project located in Canada's Northwest Territories . For a breakdown of Seabridge's mineral reserves and resources by project and category please visit the Company's website at http://www.seabridgegold.net/resources.php.

All reserve and resource estimates reported by the Corporation were calculated in accordance with the Canadian National Instrument 43-101 and the Canadian Institute of Mining and Metallurgy Classification system. These standards differ significantly from the requirements of the U.S. Securities and Exchange Commission. Mineral resources which are not mineral reserves do not have demonstrated economic viability.

This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding mineral reserves and resources of the Company and the potential economic benefits of the Project are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's plans or expectations include regulatory issues, market prices, availability of capital and financing, general economic, market or business conditions, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Company with securities regulators. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.

ON BEHALF OF THE BOARD
"Rudi Fronk"
Chairman & CEO

SOURCE Seabridge Gold Inc.

Contact:
Rudi P. Fronk, Chairman and CEO, Tel: (416) 367-9292, Fax: (416) 367-2711, Email: info@seabridgegold.net

| Digg This Article
 -- Published: Monday, 22 December 2014 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus







 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2019



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer


Map

The views contained here may not represent the views of GoldSeek.com, Gold Seek LLC, its affiliates or advertisers. GoldSeek.com, Gold Seek LLC makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, Gold Seek LLC, is strictly prohibited. In no event shall GoldSeek.com, Gold Seek LLC or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.