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Seabridge Gold Announces Successful Energization of KSM Project's Treaty Creek Terminal

Energizing the Treaty Creek Terminal secures hydroelectric power infrastructure to support future construction and operations at Seabridge Gold’s KSM Project.

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Seabridge Gold (SA) has substantially completed and successfully energized the Treaty Creek Terminal (TCT) for its KSM Project on August 27, 2026. The TCT, located on Highway 37 about 2 kilometers north of the KSM Project entrance in northwestern British Columbia, is a key element of the electrical infrastructure needed for future construction and operations. The facility is expected to be ready for service by November 2026. The company states that the terminal will provide reliable, clean and economic hydroelectric power to KSM, lowering its carbon footprint and operating costs. To date, over $1.2 billion has been invested in advancing KSM.

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Positive

  • Treaty Creek Terminal energized on August 27, 2026, marking substantial completion of key power infrastructure for KSM
  • Facility expected in service by November 2026, supporting future KSM construction and operations
  • Over $1.2 billion invested to date in advancing the KSM Project, with a significant portion spent locally

Negative

  • None.

Market Context

SA was down 2.27% at the prior close before the terminal announcement; gold peers were mixed, with A...
Analysis

SA was down 2.27% at the prior close before the terminal announcement; gold peers were mixed, with ARMN up 1.38% and IAUX down 0.56%, so the infrastructure milestone arrived without a completed post-publication reaction in the supplied data.

Key Figures

Terminal energization: August 27, 2026 Ready-for-service timing: November 2026 KSM investment to date: Over $1.2 billion
Terminal energization
August 27, 2026
Treaty Creek Terminal substantial completion and successful energization
Ready-for-service timing
November 2026
Expected Treaty Creek Terminal service readiness
KSM investment to date
Over $1.2 billion
Cumulative investment in advancing the KSM Project

Key Terms

energization
1 terms
energization technical
"announces substantial completion and successful energization of the Treaty Creek Terminal"
Energization is the process of supplying electrical power or otherwise activating systems, equipment, or facilities so they can operate. For investors, energization signals a shift from construction or testing into commissioning and operational readiness, affecting timelines for production, revenue, regulatory inspections and safety checks—like flipping the switch that allows a new factory, power line or industrial asset to actually run and be evaluated.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Toronto, Ontario--(Newsfile Corp. - September 8, 2026) - Seabridge Gold Inc. (TSX: SEA) (NYSE: SA) ("Seabridge" or the "Company") announces substantial completion and successful energization of the Treaty Creek Terminal ("TCT") on August 27, 2026, a significant milestone in the development of infrastructure supporting the Company's KSM Project in northwestern British Columbia.

The terminal, located on highway 37 approximately 2 kilometers north of the entrance to the KSM Project, represents a key component of the electrical infrastructure required to support future construction and operations at KSM. The facility is expected to be ready for service by November 2026.

Rudi Fronk, Chair and CEO of Seabridge Gold, stated: "The Treaty Creek Terminal means KSM has access to reliable, clean and economic hydroelectric power which lowers KSM's carbon footprint and reduces its operating costs. We appreciate BC Hydro's continued commitment to supporting responsible resource development in northwestern British Columbia."

The KSM Project is one of the world's largest undeveloped copper and gold projects held by a publicly traded company. The Project can serve as a significant long-term source of critical minerals. To date, KSM has invested over $1.2 billion in responsibly advancing the Project, a significant portion of which has been spent on local businesses and workers.

About Seabridge Gold

Seabridge Gold holds a 100% interest in several North American gold projects. Its principal assets are the KSM and Bronson Corridor projects in British Columbia's Golden Triangle. Additional projects include Snowstorm in Nevada's Getchell Gold Belt, and the 3 Aces project in the Yukon. Further information on Seabridge's mineral reserves and resources is available at www.seabridgegold.com.

Neither the Toronto Stock Exchange, New York Stock Exchange, nor their Regulation Services Providers accepts responsibility for the adequacy or accuracy of this release.

ON BEHALF OF THE BOARD
"Rudi Fronk"
Chair & C.E.O.

For further information please contact:
Rudi P. Fronk, Chair and C.E.O.
Tel: (416) 367-9292 • Fax: (416) 367-2711
Email: info@seabridgegold.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/313240

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