Seabee (Au)

Royalty and Terms: 3% net smelter return royalty on life of mine revenues
Operator: Visit  SSR Mining for more information
Primary Commodity: Gold
Location: Saskatchewan, Canada
Reserves and Resources:
  • Proven and probable reserves of 580 koz Au (2.7 Mt @ 6.72 g/t Au)
  • Measured and indicated resources (exclusive of reserves) of 360 koz Au (0.9 Mt @ 12.85 g/t Au)
  • Inferred mineral resources of 540 koz Au (2.8 Mt @ 6.05 g/t Au)
Production:
  • 2020: 82 koz Au
  • 2021: 119 koz Au
  • 2022: 115-125 koz Au

Catalysts:

  • Recent drill highlights include 19.16 g/t gold over 6.98 meters at Gap Hanging Wall, 16.31 g/t gold over 3.56 meters at Santoy Hanging Wall, and 25.97 g/t gold
    over 1.49 meters at the Joker target
  • Continued replacement of reserves and resulting mine life extension of known deposits
  • Potential to fully utilize mill capacity through discovery of new sources of mineralization

More details in the 2022 Asset Handbook

 

 
Seabee, page 22
Source: Company disclosure and Osisko management estimates.