Seabridge Gold and Eskay Mining Enter into Cost Sharing Agreement and Financing on Coulter Creek Access Road

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Jul 05, 2021

TORONTO, ON / ACCESSWIRE / July 5, 2021 / Seabridge Gold and Eskay Mining Corp. ("Eskay Mining") (TSXV:ESK, Financial) (OTCQB:ESKYF)(Frankfurt:KN7)(WKN:A0YDPM)announced today that they have entered into an agreement (the "Cost Sharing Agreement") whereby Seabridge and Eskay Mining will share the costs equally on construction of the first 9 kilometres (the "First Segment of the CCAR") of the Coulter Creek Access Road ("CCAR") , estimated to cost $12.0 million. Construction is planned to commence in July. Eskay Mining's share of the costs will be financed (the "Financing") by Seabridge as set out below.