The benefits of incorporating the Iron Cap block cave mine earlier into the production schedule of the KSM project have exceeded owner Seabridge Gold’s expectations and should give investors a “compelling view” of the project’s economics.
The TSX-listed company this week published an updated preliminary economic assessment (PEA) for its KSM project, outlining an alternative development option to the 2016 prefeasibility study (PFS).
The 2020 PEA incorporates a much larger Iron Cap block cave mine into the production schedule, accompanied by smaller openpits, compared with prior studies, and developing this opportunity much earlier in the project’s mine life.