SEABRIDGE GOLD: HARNESSING THE VAST POTENTIAL OF THE KSM PROJECT

INTRODUCTION TO SEABRIDGE GOLD'S AMBITIOUS ENDEAVORS

Amidst the sprawling wilds of Canada's resource-rich landscapes, Seabridge Gold has firmly established itself as a company with a vision to become a global leader in gold resource development. The company's impressive portfolio boasts the world’s largest undeveloped gold project by resources – a staggering combination of 88.3 million ounces of measured and indicated (M&I) resources, alongside 65.6 million ounces inferred. Significant quantities of copper and silver are situated within these resource behemoths, further solidifying Seabridge Gold's monumental discovery.

STRATEGIC GROWTH OBJECTIVES

With its principal projects rooted in the Canadian bedrock, Seabridge Gold’s strategic objective charts a clear course: to grow resources and reserve ownership per share. The company focuses on acquiring North American deposits by crafting a risk mitigation strategy from the wisdom of experience in the mining sector. Such acquisitions are then expanded through rigorous exploration, advanced towards the designation of reserves through meticulous engineering, and finally, sold or joint-ventured with established producers. This measured approach facilitates mine construction and promises effective operation of the projects under the partnership.

TOWARDS A PROSPEROUS MINING FUTURE: THE KSM PROJECT

The jewel in the crown of Seabridge Gold's exploits is the Kerr Sulphurets Mitchell ( KSM ) mine – an opulent source of gold-silver-molybdenum-copper cradled in the northwest of British Columbia. With headquarters in Toronto, Seabridge Gold enjoys investors' confidence, as reflected by its presence on the foremost Toronto and New York Stock Exchanges.

COMPANY HERITAGE AND TRANSFORMATION

Tracing its corporate lineage back to its inception in 1979, the then-named Chopper Mines Incorporated has undergone several metamorphoses. The most significant of which materialized between 1998 and 1999, as the company embraced a new focused direction on the exploration and mining of gold. The modern incarnation, Seabridge Gold, came into being on June 20, 2002, now operating from Toronto. In the early 2000s, the company strategically acquired various exploratory sites, including the KSM property, which has since become the cornerstone of its operations.

A VISIONARY PROJECT: THE KSM PROPERTY

The KSM property is a testament to the vast potential lying dormant within Canada's geological tapestry. Encompassing four deposits: Kerr, Sulphurets, Mitchell, and Iron Cap, the 2010 Preliminary Feasibility Study lauded the site's enormous reserves. A projected mine life of more than half a century indicates the enduring legacy this project is expected to imprint on the mining industry. The value of this asset soared after Seabridge Gold's ingenious acquisition from Placer Dome in 2001, which has since blossomed into a project of international repute.

ENVIRONMENTAL STEWARDSHIP AND SUSTAINABILITY

Navigating the delicate balance between resource development and environmental stewardship, Seabridge Gold successfully garnered governmental endorsements, demonstrating a commitment to sustainable mining practices. As part of this sustainable vision, the project entails not only a huge tailings dam but also an independent geotechnical review, ensuring environmental considerations are at the forefront of operational planning.

THE ROAD AHEAD

Despite the KSM project’s readiness for development, the search for a strategic partner to co-develop this mammoth undertaking continues. The projected costs have seen a modest rise in light of revised mine plans, yet the high-grade copper prospects add significant worth to this endeavour. In summary, Seabridge Gold is a paragon of the mining industry's potential in judiciously and profitably harnessing natural resources. The KSM mine, with its abundant resources and meticulous planning, is poised to become one of the cornerstones of Canada's mining legacy, with Seabridge Gold steering the helm toward a future illuminated by golden prosperity.

The world’s largest undeveloped gold project by resources (88.3M oz M&I plus 65.6M oz inferred). Seabridge Gold's resource base of gold, copper and silver is one of the world's largest. Our principal projects are located in Canada. Our objective is to grow resources and reserve ownership per share. Our risk-reducing strategy is to acquire North American deposits, expand them through exploration, move them to reserves through engineering, and sell or joint venture them to established producers for mine construction and operation.

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