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) provided a year-end update on December 18, 2025 covering 2025 field work, permitting, a planned spin-out, partner search progress and legal and reclamation items.
Key facts: KSM completed ~8,500 metres of geotechnical drilling (117 holes) and advanced Treaty Creek Terminal construction; a partner selection announcement was delayed into 2026. Seabridge will spin out its Courageous Lake asset (to be renamed Valor Gold) and intends to distribute Valor shares to Seabridge shareholders. Courageous Lake contains 11.0M oz M&I gold, 3.3M oz inferred, and 2.8M oz P&P reserves. At Iskut/Snip North, 24,225 metres of drilling defined a porphyry with a highlight of 820m @ 0.66 g/t Au and 0.14% Cu.
Critical near‑term dates: permit amendment expected Q1 2026; court decision on Substantially Started designation expected Q1 2026.
Seabridge Gold (NYSE: SA) announced plans to spin out its wholly owned Courageous Lake gold project into a new company, to be renamed Valor Gold, with shares expected to be distributed to Seabridge shareholders and listed on a public exchange.
Key metrics: Courageous Lake hosts 11.0 million oz Measured & Indicated and 3.3 million oz Inferred; 2024 PFS (US$1,850/oz) shows after-tax NPV5% of US$523M, IRR 20.6%, initial capital US$747M, mine life 12.6 years. At US$2,500/oz NPV5% rises to US$1.1B.
The company said Valor Gold will be funded for immediate needs but may seek private financing for 2026–2027 work; the spinout remains subject to board, shareholder, court and regulatory approvals and is not guaranteed. Seabridge expects a market update in Q1 2026.
Seabridge Gold (NYSE: SA) reported further 2025 drilling results from the Snip North Deposit at its 100% owned Iskut project on December 10, 2025. Mineralization is now defined over a 2,100 m strike, 600 m dip projection and up to 700 m width. Multiple holes returned long, continuous Au-Cu intervals (examples: 719 m at 0.60 g/t Au, 550 m at 0.43 g/t Au) and higher-grade internal zones (up to 2.12 g/t Au over 35.1 m). The company said the system remains open at depth and along strike and aims for a maiden resource estimate in early 2026.
Seabridge Gold (NYSE: SA) announced that subsidiary KSM Mining ULC received the AME David Barr Award for excellence in mineral exploration health and safety on November 19, 2025. The award recognizes KSM's collaborative health-and-safety program in British Columbia's Golden Triangle and its role in regional emergency preparedness.
KSM launched the Golden Triangle Emergency Response Coordination Meeting in fall 2023, a monthly forum uniting emergency response and safety professionals across multiple projects. The AME Awards Gala will be held on January 28, 2026 at Vancouver Convention Centre West.
Seabridge Gold (NYSE: SA; TSX: SEA) filed its Report to Shareholders, Interim Financial Statements and MD&A for the three months ended September 30, 2025 on SEDAR+ and its website.
Key facts: Q3 net loss was $32.3 million ($0.32/sh) versus $27.6 million ($0.31/sh) a year earlier; investment in mineral interests was $52.9 million in Q3 versus $28.1 million a year earlier; net working capital rose to $83.2 million from $37.8 million at Dec 31, 2024. Exploration highlights include a 24,000 metre Iskut program and confirmation of a new large porphyry deposit at Snip North; KSM-related court activity and additional challenges from Tudor Gold were also reported.
Santander Bank (SA) announced on November 6, 2025 the launch of Navigator Global, a digital platform to help U.S. small and mid-sized businesses explore, enter and expand in international markets. The platform covers 30+ international markets and 28 industry subsectors, and offers step-by-step market-entry guides, business matchmaking, discounts on services, and tailored tools.
Features include a standard subscription free for Santander clients for 12 months, premium tiers for deeper intelligence, 1,500+ content articles published annually, a network of 250+ pre-verified providers, and a planned roll-out to all Santander markets by end of 2026. The platform follows a U.K. pilot that supported 2,500 businesses and produced double-digit increases in product opportunities.
Openbank (SA) marks its first U.S. anniversary on October 30, 2025 after launching in October 2024, reporting more than $6 billion in deposits and offering a high-yield savings rate the company says is 10 times the national average per FDIC data. The business expanded via a strategic partnership with Verizon that gives qualified customers a Verizon + Openbank Savings option with up to $180 per year off their Verizon bill.
Openbank opened a flagship branded location at Miami Worldcenter, launched a 2025 brand campaign, and plans to add CDs and daily transaction products. Santander Bank reported $102 billion in assets as of December 31, 2024, and Openbank deposits are FDIC insured up to $250,000 per category.
Seabridge Gold (NYSE: SA; TSX: SEA) recovered $4.4 million from the Canada Revenue Agency after the Supreme Court of British Columbia reversed CRA's denial of BC Mineral Exploration Tax Credits for 2010–2011.
The court found over 92% of claimed expenses qualified as mining exploration expenses, prompting reimbursement plus interest and trial costs. Seabridge says this ruling supports its ongoing appeal of CRA's denial of flow-through expenditures from 2014–2016, for which the company paid $9.4 million in tax, penalties and interest and is seeking reversal.
Seabridge Gold (NYSE: SA) said Tudor Gold filed a Petition in British Columbia Supreme Court on October 7, 2025 seeking judicial review of a September 2024 Licence of Occupation (the 2024 LoO) that authorizes construction and operation of the KSM Project's Mitchell Treaty Tunnels (MTT).
The MTT are two 23 km parallel tunnels, with about 12.5 km passing through Tudor's Treaty Project mineral claims. Tudor asks the court to sever the 2024 LoO rights over those claims and to quash WLRS's decision, alleging procedural unfairness and claiming the MTT would destroy the Treaty Creek Project's economic viability. Seabridge says the 2024 LoO replaces a 2014 licence, protects Tudor's mineral rights for spoil storage, and remains in effect unless successfully overturned.
Seabridge Gold (NYSE: SA) announced on October 3, 2025 that Tudor Gold filed a Notice of Civil Claim in the Supreme Court of British Columbia challenging the Province's conditional mineral reserve that restricts interference with the KSM Project's Mitchell Treaty Tunnels (MTT).
Tudor alleges the Reserve amounts to expropriation of its Treaty Project Claims, seeks declarations that the Reserve does not apply or exceeds provincial authority, and alternatively seeks compensation or damages. The MTT are two parallel 23 km tunnels, with ~12.5 km of route through the Treaty Creek Claims. Seabridge says the Reserve has applied since 2014 and Tudor acquired interests in 2016. Seabridge will continue advancing KSM plans while the Action proceeds.