Thursday, July 3, 2025

Seabridge Gold: 47 Million Ounces and Counting

At the Rule Symposium in Boca Raton, Florida, Rudi Fronk, Chairman & CEO of Seabridge Gold (TSX: SEA | NYSE: SA), provided insights into the company’s flagship KSM project, one of the world’s largest undeveloped gold and copper deposits.

Fronk detailed Seabridge’s journey with KSM, from its acquisition in 2000 to its current advanced stage, including permitting milestones and ongoing construction. He addressed the complexities of operating in Canada, emphasizing the critical role of Indigenous support:

“Without that [support], it’s next to impossible,” Fronk stated, underscoring the importance of community relations in mining development.

Seabridge’s unique strategy focuses on growing “ounces in the ground faster than shares outstanding,” an approach that has attracted interest from major mining companies. 

“The more gold you can provide on a per-share basis, the better your share price should do if the gold price does go higher,” he said. The company’s capital structure was also highlighted, with Fronk noting 89 million shares outstanding and significant insider ownership at 25%. This tight share structure reflects management’s alignment with shareholder interests and confidence in the company’s prospects.

Beyond KSM, Fronk touched on Seabridge’s diversified project portfolio, demonstrating the company’s commitment to creating value across multiple assets.

Concluding the interview, Fronk expressed optimism about gold’s evolving role in the global financial system, particularly its potential in international trade settlements. This perspective offers investors insight into Seabridge’s long-term vision and the broader economic factors influencing the precious metals sector.


Not a recommendation to buy or sell securities. Always do additional research and consult a professional before purchasing a security. The Deep Dive and its affiliates hold no licenses.

Video Articles

Gold Drilling Scaled to 60,000 Meters: How Big Can This Get? | Roger Rosmus – Goliath Resources

Baselode Energy To Acquire Forum Energy: The Merger Of Equals Deal

TriStar Gold: The Revised Castelo de Sonhos Prefeasibility Study

Recommended

ESGold To Expand Mine Building At Montauban In Advance Of Gold & Silver Production

Goliath Resources Expands 2025 Drill Program To 60,000 Metres

Related News

Exploits Reports 66.3 G/T Silver In Sample At Katie Prospect

Exploits Discovery (CSE: NFLD) has completed an initial reconnaissance program at the firms recently acquired...

Thursday, January 7, 2021, 08:24:45 AM

Nighthawk Gold Drills 4.64 G/T Gold Over 6.15 Metres At Grizzly Bear

Nighthawk Gold Corp. (TSX: NHK) announced today the assay results of its 18-drill program at...

Monday, June 7, 2021, 09:28:00 AM

$8,900 Gold? Why Silver and Miners Could Outperform | Ronald-Peter Stöferle

In this interview, Ronald-Peter Stöferle, author of the In Gold We Trust report, analyzes the...

Tuesday, June 3, 2025, 01:45:00 PM

Exploits Discovery Extends Length Of Jonathan’s Pond Project Gold Vein

Initial exploration results were released by Exploits Discovery Corp (CSE: NFLD) related to its wholly...

Thursday, November 19, 2020, 08:22:24 AM

Talisker Resources Moves To TSX Board October 14

Talisker Resources (CSE: TSK) this morning announced that it has received final approval to uplist...

Friday, October 9, 2020, 08:19:10 AM