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) shareholders approved the spin-out of the Courageous Lake project into Valor Gold, with 99.76% voting for the arrangement and 99.18% approving Valor’s equity plans. The deal transfers 100% of Courageous Lake to Valor and distributes 55,000,000 Valor shares to Seabridge holders at roughly 1 Valor share per 1.957 Seabridge shares. Completion is targeted around June 3, 2026, pending British Columbia Supreme Court approval and listing conditions. Old Seabridge shares are expected to be suspended June 4, 2026, with new Seabridge and Valor shares trading on the TSX (and Seabridge on NYSE) from June 5, 2026.
Seabridge Gold (NYSE: SA, TSX: SEA) filed its Q1 2026 interim financial statements and MD&A for the period ended March 31, 2026 on SEDAR+ and its website.
Q1 2026 highlights include a net loss of $6.6M ($0.06/share), $22.3M invested in mineral interests, and working capital rising to $131.3M after raising $35.8M net through its ATM program.
Seabridge Gold (NYSE: SA) announced on April 30, 2026 that the Province of British Columbia designated the KSM Project as a provincial priority project.
The designation provides dedicated provincial permitting coordination and support, which the company says is expected to streamline and expedite permitting timelines. KSM hosts 7.3 billion lbs copper and 47.3 million oz gold in proven and probable reserves (2.29 billion tonnes at 0.64 g/t Au and 0.14% Cu).
Seabridge Gold (NYSE: SA) filed a Notice of Meeting and Management Information Circular for a special meeting on May 22, 2026 to approve a plan of arrangement that would spin out Courageous Lake into a new public company, Valor Gold.
The Arrangement would create 55,000,000 Valor shares (distributed ~1 Valor per 1.952 Seabridge shares), provide Valor with C$10,000,000 of cash, and include a gold stream giving Seabridge the right to buy 10% of quarterly gold production at US$4,000/oz.
Seabridge Gold (NYSE: SA) reported a maiden inferred mineral resource for Snip North at its Bronson Corridor Project on April 8, 2026: 9.2 million oz Au, 28.3 million oz Ag and 923 million lb Cu within 605.7 million tonnes at 0.47 g/t Au, 0.07% Cu and 1.5 g/t Ag. The resource is open for expansion and constrained by preliminary pit and underground shapes.
Independent firms Wood, MMTS and Tetra Tech led estimation, mining constraints and metallurgical work.
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.