Orsa can also acquire all of Seabridge’s undivided 50% beneficial joint venture interest in the adjacent Angel’s Camp gold property in Lake County.
Seabridge president and CEO Rudi Fronk said this transaction is part of Seabridge’s objective to sell or joint venture non-core assets while it continues to advance its KSM and Courageous Lake projects.
Seabridge’s principal assets are the KSM property located near Stewart in British Columbia, and the Courageous Lake gold project located in Canada’s Northwest Territories.
