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. (NYSE: SA) generates frequent news as it advances a portfolio of 100% owned North American gold projects, led by its KSM project in British Columbia’s Golden Triangle. The company’s updates cover exploration results, project development milestones, legal and permitting developments, and corporate actions that shape the outlook for its assets.
Investors following Seabridge Gold news can track detailed drilling results from the Iskut project’s Snip North deposit, where company releases describe a large porphyry copper‑gold system defined over significant strike length, dip and width. News items also highlight progress at KSM, including extensive geotechnical drilling, field data collection, and construction of the Treaty Creek Terminal switching station to connect the project to renewable power via the Northwest Transmission Line.
Another key news theme is the proposed spin‑out of the Courageous Lake project into a separate company to be renamed Valor Gold. Seabridge’s announcements describe Courageous Lake as one of Canada’s largest undeveloped gold projects and outline plans for distributing Valor Gold shares to Seabridge shareholders and seeking a public listing, subject to required approvals.
Seabridge’s news flow also includes legal and regulatory developments, such as court challenges related to KSM’s Mitchell‑Treaty Tunnel authorizations and updates on tax disputes with the Canada Revenue Agency. In addition, the company reports on recognition for its health and safety practices, including the AME David Barr Award granted to its KSM Mining ULC subsidiary.
This news page brings together these disclosures so readers can review exploration results, project milestones, legal proceedings and strategic transactions affecting Seabridge Gold and its SA stock. Regular updates provide context on how the company is progressing its gold projects and managing its regulatory and operating environment.
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.
Seabridge Gold (TSX: SEA, NYSE: SA) published its 2026 objectives on March 10, 2026, continuing a practice of annual goals and year-end "report card" disclosures maintained for more than 20 years.
The company says these objectives determine at-risk compensation for senior management and bonuses for other employees. The release lists 10 objectives for 2026 with board-assigned weighting factors and links to an enhanced graphic and the 2025 report card.
Seabridge Gold (NYSE: SA) reported robust metallurgical test results from 2025 drill-core samples at the Snip North deposit, part of its Iskut Gold-Copper Project. Locked cycle flotation produced copper-gold-molybdenum concentrates with Cu 20–28% and Au 83–525 g/t. Overall gold recoveries after cyanide leach improved to 85.3%–92.7%. Bond work index 9.9–11.9 kW-hr/tonne indicates soft grind characteristics. Results support planning for a maiden resource estimate and show potential for a separate molybdenum concentrate.
Seabridge Gold (NYSE: SA) announced key finance leadership changes effective March 31, 2026: longtime CFO Chris Reynolds will retire after 15 years following completion of the 2025 audit and annual financial statements. Greg Martin will become CFO, joining March 2 for transition, and Hassan Esmaeili is promoted to VP, Finance.
The moves aim to preserve continuity as the company advances the KSM project and prepares for a joint venture partnership.
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.
Seabridge Gold (NYSE: SA) announced an update on its planned spin-out of the Courageous Lake gold project into a new company, Valor Gold. A shareholder meeting to approve the court-approved plan of arrangement is expected in June 2026, with Valor seeking listings on the TSX and OTCQB and potential NYSE listing later. Share trading is planned prior to the end of Q2 2026, subject to approvals and closing. Valor is expected to be funded with C$10 million at spin-out. Courageous Lake hosts 11.0M oz M&I and 3.3M oz inferred gold, plus 2.8M oz proven and probable reserves; Walsh Lake adds ~555k oz inferred.
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.