Seabridge Gold’s Design of KSM Project’s Tailing Management Facility Confirmed as Best Available Technology by Leading En...
02 August 2016 - 10:00PM
Seabridge Gold announced today the results of its Best Available
Tailing Technology (BAT) review for its KSM Project located in
British Columbia. The review was completed by Klohn Crippen Berger,
a world-leading engineering design firm.
The BAT study confirms that the existing tailing
management facility design, consisting of centerline dams
constructed with double cycloned sand and a till core in
association with wet tailings deposition, is the best available
technology for tailings deposition and the most environmentally
responsible design to minimize long term risks associated with the
proposed tailing storage facility for the KSM Project. This
conclusion confirms the findings from KSM’s Independent
Geotechnical Review Board that the TMF’s design is robust and
appropriate for KSM’s site specific characteristics (see news
release of April 11, 2016).
Seabridge commissioned Klohn Crippen Berger to
undertake the BAT review in August 2015 in response to the
Independent Expert Engineering Investigation and Review Panel
report on the breach of the Mount Polley tailing storage facility.
The Review Panel concluded that future projects require not only an
improved adoption of best applicable practices (BAP), but also a
migration to best available technology (BAT). The Klohn Crippen
Berger report also meets the new BC Mining Code requirement that
new mines must provide an alternate assessment of BAT in their
provincial permit applications.
Seabridge Chairman and CEO Rudi Fronk stated:
"We are very pleased that the TMF design we included in the KSM
project design that received Provincial and Federal environmental
assessment approval has been confirmed in the BAT report as the
best possible design for eliminating risks associated with
operation and closure. We are further encouraged that Klohn Crippen
Berger specifically determined that filtered tailing options are
impractical and would result in greater environmental impacts and
risks, contrary to the assertions of many environmental groups who
have advocated that only filtered tailing disposal technologies
should be implemented. I would like to thank Klohn Crippen Berger
for their exemplary work in completing this study.”
As a further step in its review process,
Seabridge commissioned an independent review of the BAT report by
Dr. Dirk van Zyl. Dr. van Zyl is a world-recognized expert in
tailings, mined-earth structures and sustainability with over 40
years of experience. He is currently a faculty member at UBC’s
Faculty of Applied Science and was a member of the Independent
Expert Engineering Investigation and Review Panel investigating the
Mount Polley tailing storage facility breach. In his review
of the Klohn Crippen report, Dr. van Zyl states: “I support the
overall conclusions of the KSM BAT report. The evaluation shows
that using filtered tailings at this project is not a feasible
option as it will not result in moving to zero failures. Adding
complexity in tailings management, as filtered tailings will do at
the KSM site, does not promote the overall goal of moving to zero
failures.”
Seabridge Gold holds a 100% interest in several
North American gold resource projects. The Company’s principal
assets are the KSM and Iskut properties located near Stewart,
British Columbia, Canada and the Courageous Lake gold project
located in Canada’s Northwest Territories. For a breakdown of
Seabridge’s mineral reserves and resources by project and category
please visit the Company’s website at
http://www.seabridgegold.net/resources.php.
All reserve and resource estimates
reported by the Corporation were calculated in accordance with the
Canadian National Instrument 43-101 and the Canadian Institute of
Mining and Metallurgy Classification system. These standards differ
significantly from the requirements of the U.S. Securities and
Exchange Commission. Mineral resources which are not mineral
reserves do not have demonstrated economic viability.
This news release includes certain
forward-looking statements or information. All statements other
than statements of historical fact included in this release,
including, without limitation, statements regarding mineral
reserves and resources of the Company are forward-looking
statements that involve various risks and uncertainties. There can
be no assurance that such statements will prove to be accurate and
actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause
actual results to differ materially from the Company's plans or
expectations include regulatory issues, market prices, availability
of capital and financing, general economic, market or business
conditions, timeliness of government or regulatory approvals and
other risks detailed herein and from time to time in the filings
made by the Company with securities regulators. The Company
disclaims any intention or obligation to update or revise any
forward-looking statements whether as a result of new information,
future events or otherwise except as otherwise required by
applicable securities legislation.
ON BEHALF OF THE BOARD"Rudi
Fronk"Chairman & CEO
For further information please contact:
Rudi P. Fronk, Chairman and CEO
Tel: (416) 367-9292 · Fax: (416) 367-2711
Email: info@seabridgegold.net
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