Issue link: http://resourceworld.uberflip.com/i/492982
6 www.resourceworld.com a p r i l / m a y 2 0 1 5 1 SEabridgE gOld inc. [SEa-TSX; Sa-nYSE] In December 2014, Seabridge Gold reported that the Federal Minister of the Environment, the Honourable Leona Aglukkaq, issued her Environmental Assessment Decision Statement for the company's Kerr-Sulphurets-Mitchell (KSM) Project 65 km northwest of Stewart, north- west British Columbia. Earlier, the Canadian Environmental Assessment Agency found that the project is not likely to result in sig- nificant adverse effects on the environment. The 100%-owned KSM Project is one of the largest undeveloped gold projects in the world. Proven and probable reserves total 38.2 million oz gold, 9.9 billion lbs copper, 191 million oz silver and 213 million lbs molybdenum. In addition, there are sub- stantial measured, indicated and inferred resources. Seabridge continues to explore the KSM property with notable success. In 2013, the company discovered a new deposit named Deep Kerr, which returned the highest by taking these projects to their current advanced stages, the companies have significantly de-risked them by Ellsworth Dickson Two drills in operation at the Exeter Resource Caspiche gold-copper-silver porphyry project located 120 km southeast of Copicó in the Maricunga mineral belt of northern Chile. The deposit has an oxide gold zone on surface and a high-grade gold-copper core. Photo courtesy Exeter Resource Corp. It is usually a long, challenging struggle to advance a mineral proj- ect from the grassroots stage to the point where building a mine is a reality. Many times a drill program can "kill" a project by return- ing uneconomic grades, too little tonnage or both. Besides exploration funding being often difficult to find, explorers have no control over the price of metals and prevailing investor sentiment. Nevertheless, thankfully, some projects survive and go on to produce the mineral commodities needed to supply the modern world. The 10 projects that we chose to review, located in British Columbia, Ontario, Québec, Nunavut, Chile, Mali, Argentina, Ecuador, Mexico and Nevada, all have significant resources delineated, most have eco- nomic evaluations and are expected to reach the mine-building or take-out stage. While dissecting PEAs may not be the most exciting endeavour, it is those numbers that will set the stage for economic and stock market success. Advanced Projects