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shavach

05/09/11 11:44 AM

#25019 RE: elijahofmalone #25017

Seabridge's latest resource calculation also moved it to a 50+ year mine life, with a cost of $4.8 billion to build. Latest numbers were 38.5 million ounces gold, 9.9 billion pounds copper, 214 million ounces silver and 257 million pounds molybdenum in contained metal. The new reserves grow KSM's projected mine life from 37 years to 52 years. Makes sense for Pretium and Seabridge to cooperate on access, etc.