Stewart region news
December 19, 2007
Seabridge's Mitchell Gold-Copper Deposit Continues to Expand; Final 2007 Drill Results Extend Depth and Continuity
Seabridge Gold Inc. (“SEA” – TSX Venture Exchange; “SA” – Amex) reported results from the final 11 drill holes of the 2007 drill program at their 100% owned Kerr-Sulphurets project near Stewart, British Columbia. It was reported that these holes confirmed a significant upgrade and expansion of gold and copper resources at their key Mitchell deposit. The deposit grew considerably along strike, down dip and in thickness, and remains open to further extension. A new resource calculation is expected in February of 2008. Full text of the release can be found here.
Seabridge has also reported it has staked ground for potential processing facilities, connecting to Highway 37. A map prepared by Teuton showing this newly staked ground in relation to Teuton's Treaty Creek property (under option to American Creek Resources) can be found by clicking on the thumbnail below.
Teuton and American Creek recently released promising drill results from their Treaty Creek property, adjoining to the northeast of the Seabridge's Kerr-Sulphurets property and sharing similar geological features (for full details, see here ). An aerial view of brightly-coloured alteration zones on both properties, host to most of the gold mineralization found to date, can be seen by clicking on the thumbnails below.
Drill Results From Clone Property
Silver Grail Resources Ltd. (“Silver Grail”) (“SVG”--TSX-V; “KD7”-Frankurt) and Teuton Resources Corp. (“Teuton”) (“TUO”:TSX--V; “TFE”-Frankfurt) are pleased to announce receipt of all results from the 2008 drilling on the Clone property. Holes CL08-1 to 4 targeted the “H-1” (Hematite) zone, Holes CL08-5 to 8 targeted the “S-2A” zone, while Holes CL08-9 and 10 were drilled to test a new copper zone found earlier in the program...
read moreClone Core Samples Sent in for Assay
Silver Grail Resources Ltd. (“Silver Grail”) (“SVG”--TSX-V; “KD7”-Frankurt) and Teuton Resources Corp. (“Teuton”) (“TUO”:TSX--V; “TFE”-Frankfurt) are pleased to announce that core samples from the first nine of ten holes drilled into their jointly-owned Clone property, located 20km southeast of Stewart, BC, have been sent in for assay. Pioneer Laboratories of Richmond, BC, will be performing the analyses...
read morePrivate Placement
Silver Grail Resources Ltd. (“Silver Grail”) (“SVG”--TSX-V; “KD7”-Frankurt) is pleased to announce a private placement of up to $180,000. Silver Grail plans to raise $180,000 by the sale of 1,200,000 units at $0.15 per unit...
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