Seabridge Gold Reports on 2025 Corporate Objectives

Rhea-AI Summary

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.

Key Figures

2025 objectives: 16 specific objectives

1 metrics

2025 objectives 16 specific objectives Corporate objectives set for 2025

Market Reality Check

Price: $32.54 Vol: Volume 831,404 is 0.59x t...

low vol

$32.54 Last Close

Volume Volume 831,404 is 0.59x the 20-day average, indicating muted trading activity versus recent norms. low

Technical Price at $32.54 is trading above the 200-day MA of $21.08, reflecting a pre-existing uptrend.

Peers on Argus

Key gold peers like ARMN, CGAU, DRD, CNL and IAUX show price gains between 4–10%...

Key gold peers like ARMN, CGAU, DRD, CNL and IAUX show price gains between 4–10%, but no peers are flagged in momentum scanners, suggesting SA’s 8.47% move is more stock-specific than a broad sector rotation.

Historical Context

5 past events · Latest: Jan 21 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 21	Spin-out update	Positive	-0.9%	Detailed timing and structure update for Courageous Lake Valor Gold spin-out.
Dec 18	Year-end update	Positive	-2.5%	Year-end summary on field work, permitting, spin-out plans and partner search.
Dec 16	Spin-out plan	Positive	+2.4%	Announcement of plan to spin out Courageous Lake into Valor Gold with key PFS metrics.
Dec 10	Drill results	Positive	-0.9%	Further drilling at Snip North showing extensive Au-Cu mineralization and scale expansion.
Nov 20	Analyst coverage	Positive	-5.0%	Stonegate update outlining cash position, financings, KSM progress and drilling highlights.

Pattern Detected

Recent history shows several instances where positive project and spin-out updates were followed by short-term share price declines, indicating a tendency for market reactions to underperform upbeat news.

Recent Company History

Over the past months, Seabridge Gold has focused on advancing and repositioning key assets. A planned spin-out of the Courageous Lake project into Valor Gold, with 11.0M oz M&I and 3.3M oz inferred resources, has been a central theme across updates on Dec 16, 2025 and Jan 21, 2026. Field work and drilling at KSM and Iskut/Snip North, including long Au-Cu intervals and progress toward maiden resource estimates in early 2026, underscore a build-out strategy. Today’s objectives/report-card release fits into this pattern of ongoing project development and corporate restructuring communication.

Market Pulse Summary

This announcement highlights Seabridge Gold’s long-standing practice of setting and reporting on ann...

Analysis

This announcement highlights Seabridge Gold’s long-standing practice of setting and reporting on annual corporate objectives, including 16 specific goals for 2025 and a published report card. It reinforces the company’s portfolio of 100%-owned North American gold projects spanning British Columbia, the Northwest Territories, Nevada and Yukon. In light of recent spin-out plans and extensive drilling updates, key items to watch include how future objectives tie into advancing KSM, Iskut and Courageous Lake, as well as execution against stated timelines.

AI-generated analysis. Not financial advice.

Toronto, Ontario--(Newsfile Corp. - February 10, 2026) - For more than 20 years, Seabridge Gold (TSX: SEA) (NYSE: SA) has set and published annual objectives and reported on the results at the end of each year which we call our report card. For 2025, the Company set 16 specific objectives which were published in March 2025. Were we successful?

See our 2025 Report Card.

Seabridge holds a 100% interest in several North American gold projects. Seabridge's principal assets, the KSM project, and its Iskut project are located in British Columbia, Canada's "Golden Triangle", the Courageous Lake project is in Canada's Northwest Territories, the Snowstorm project in the Getchell Gold Belt of Northern Nevada and the 3 Aces project set in the Yukon Territory. For a full breakdown of Seabridge's mineral reserves and mineral resources by category please visit the Company's website at http://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 and 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/283311

FAQ

What are Seabridge Gold's (SA) 2025 corporate objectives and where were they published?

The 16 objectives for 2025 were published in March 2025 as the company's annual objectives list. According to Seabridge Gold, the objectives form the basis of its 2025 Report Card, which assesses progress on each specific target and is available on the company website.

Did Seabridge Gold (SA) report ownership stakes in its main projects in the 2025 update?

Yes. Seabridge Gold reports it holds 100% interests in several North American projects. According to Seabridge Gold, principal assets include KSM and Iskut in British Columbia, Courageous Lake in Northwest Territories, Snowstorm in Nevada, and 3 Aces in Yukon.

Where can investors find Seabridge Gold's (SA) mineral reserve and resource details referenced in the 2025 report?

Investors can find the full mineral reserve and resource breakdown on the company's website. According to Seabridge Gold, the site provides reserves and resources by category for each project referenced in the 2025 Report Card.

What is the purpose of Seabridge Gold's (SA) annual Report Card for 2025?

The Report Card evaluates progress against the prior year's published objectives and reports results to stakeholders. According to Seabridge Gold, it is the company’s routine annual review to measure performance versus the 16 objectives set for 2025.

Which Seabridge Gold (SA) projects are highlighted in the 2025 corporate update and in which regions are they located?

The update highlights KSM and Iskut in British Columbia's Golden Triangle, Courageous Lake in Northwest Territories, Snowstorm in Northern Nevada, and 3 Aces in Yukon. According to Seabridge Gold, these are its principal North American gold projects.