Welcome to our dedicated page for Seabridge news (Ticker: SA), a resource for investors and traders seeking the latest updates and insights on Seabridge stock.
Seabridge Gold Inc. explores and develops North American gold and copper projects, with news centered on the KSM Project in northwestern British Columbia and other Canadian mineral assets. Recurring updates cover mineral resource estimates, reserve and technical-report assumptions, permitting and infrastructure matters, and provincial or regulatory actions tied to mine development.
Company releases also address the Bronson Corridor project in British Columbia’s Golden Triangle, the Courageous Lake project in the Northwest Territories, annual and special shareholder meetings, capital-structure matters, operating and financial results, and governance disclosures for its TSX- and NYSE-listed common shares.
Seabridge Gold (NYSE: SA) coverage updated by Stonegate Capital Partners on April 13, 2026, highlighting near-term corporate catalysts and a large valuation gap versus asset value.
Key points: KSM JV progress could unlock third-party capital; a planned Courageous Lake spin-out (Valor Gold) is expected in 2026 to surface standalone value; shares trade at an implied ~0.5x NPV (~$15-16B / ~$150 per share) versus >$30B NPV at spot while market cap is ~ $3-4B.
Seabridge Gold (TSX:SEA; NYSE:SA) said the British Columbia Ministry of Mining and Critical Minerals has delayed a decision on permit amendments for construction and operation of the Mitchell Treaty Tunnels (MTT) over their full length.
The delay follows a legal action by Tudor Gold challenging whether Seabridge's conditional mineral reserve (CMR) applies to Tudor's existing mineral claims; the decision-maker will wait for that legal issue to be resolved. Seabridge says it holds a Licence of Occupation and will not commence MTT construction until a Final Feasibility Study is complete.
Seabridge Gold (NYSE: SA) provided updated Mineral Resource Estimates for the KSM Project effective March 30, 2026, using higher metal prices (US$2,000/oz Au; US$4.00/lb Cu; US$25/oz Ag; US$22/lb Mo) and an exchange rate of 0.746 US$/C$.
Measured + Indicated totals: 95.5 million oz Au, 21,146 million lbs Cu, 459.9 million oz Ag, 837 million lbs Mo; Inferred totals: 84.4 million oz Au, 42,722 million lbs Cu, 570 million oz Ag, 606 million lbs Mo.
Seabridge Gold (NYSE: SA) filed its 2025 Annual Information Form, audited consolidated financial statements and MD&A for the year ended December 31, 2025. The company reported a net loss of $53.2 million ($0.53/share) and invested $137.0 million in mineral interests, property and equipment in 2025.
At December 31, 2025, adjusted net working capital was $109.8 million. The 2025 loss included a $60.1 million non-cash remeasurement loss on U.S. dollar Secured Notes. Management proposed a spin-out of Courageous Lake into Valor Gold Corp. and advanced the BC Hydro switching station for KSM.
Seabridge Gold (NYSE: SA) announced that Tudor Gold filed a Notice of Abandonment of Appeal on March 19, 2026, relinquishing its challenge to the BC Chief Gold Commissioner's May 28, 2025 jurisdictional decision concerning the KSM Mitchell Treaty Tunnels (MTT).
The company said the abandonment affirms the Conditional Mineral Reserve (CMR) obligations that bar claim holders from obstructing the MTT; roughly 12.5 kilometers of the MTT pass through Tudor-held mineral claims.
Seabridge Gold (TSX: SEA, NYSE: SA) published its 2026 objectives on March 10, 2026, continuing a practice of annual goals and year-end "report card" disclosures maintained for more than 20 years.
The company says these objectives determine at-risk compensation for senior management and bonuses for other employees. The release lists 10 objectives for 2026 with board-assigned weighting factors and links to an enhanced graphic and the 2025 report card.
Seabridge Gold (NYSE: SA) reported robust metallurgical test results from 2025 drill-core samples at the Snip North deposit, part of its Iskut Gold-Copper Project. Locked cycle flotation produced copper-gold-molybdenum concentrates with Cu 20–28% and Au 83–525 g/t. Overall gold recoveries after cyanide leach improved to 85.3%–92.7%. Bond work index 9.9–11.9 kW-hr/tonne indicates soft grind characteristics. Results support planning for a maiden resource estimate and show potential for a separate molybdenum concentrate.
Seabridge Gold (NYSE: SA) announced key finance leadership changes effective March 31, 2026: longtime CFO Chris Reynolds will retire after 15 years following completion of the 2025 audit and annual financial statements. Greg Martin will become CFO, joining March 2 for transition, and Hassan Esmaeili is promoted to VP, Finance.
The moves aim to preserve continuity as the company advances the KSM project and prepares for a joint venture partnership.
Seabridge Gold (NYSE: SA, TSX: SEA) published its 2025 Report Card, reviewing progress against 16 objectives that were announced in March 2025. The company states it holds 100% interests in multiple North American gold projects including KSM, Iskut, Courageous Lake, Snowstorm and 3 Aces.
The report directs readers to the company website for a full breakdown of mineral reserves and resources by category and frames the update as an annual corporate objectives review.
Seabridge Gold (NYSE: SA) announced an update on its planned spin-out of the Courageous Lake gold project into a new company, Valor Gold. A shareholder meeting to approve the court-approved plan of arrangement is expected in June 2026, with Valor seeking listings on the TSX and OTCQB and potential NYSE listing later. Share trading is planned prior to the end of Q2 2026, subject to approvals and closing. Valor is expected to be funded with C$10 million at spin-out. Courageous Lake hosts 11.0M oz M&I and 3.3M oz inferred gold, plus 2.8M oz proven and probable reserves; Walsh Lake adds ~555k oz inferred.