Red Mountain Mine/Project

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The Red Mountain project is situated in northwestern British Columbia near the town of Stewart, 880 km northwest of Vancouver and 180 km north of Prince Rupert and is owned and operated by Seabridge Gold. The property lies in the Skeena Mining Division, approximately 18 km east-northeast of the town of Stewart, at 55° 57’ N latitude and 129° 42’ W longitude, between the Cambria Ice Field and the Bromley Glacier at elevations ranging between 1,500 m and 2000 m. In 2009 Seabridge attempted to sell this project to Bonterra Resources but they could not raise the necessary funds and the sale was cancelled.

Access to the property is currently by helicopter from Stewart with a flight time of 10 to 15 minutes. Road access along the Bitter Creek valley from Highway 37A was partially developed for 13 km by Lac Minerals in 1994 to the Hartley Gulch-Otter Creek area. Currently this road is passable for only a few kilometres from the highway. The remainder is not passable, as sections have been subjected to washout or landslide activity.

Climatic conditions at Red Mountain are dictated primarily by its altitude and proximity to the Pacific Ocean.

Precipitation measurements taken at the Stewart Airport are considered to be representative of precipitation at the Red Mountain site. The data collected between 1974 and 1992 indicate yearly precipitation averages 188 centimetres with the bulk of this amount falling during the autumn and winter months. At the Stewart Airport approximately 35% of this total falls as snow. The proportion is even greater at higher elevations, where snow may fall at almost any time of year.

Temperatures at Red Mountain are moderated year-round by the coastal influence. Data were collected on site from June 1993 until June 1994. The data collected indicated a mean average temperature of 0.1°C, with temperatures dropping to –25°C in winter and reaching 20°C in summer. Windy conditions, as discussed below, add a significant wind chill factor at most times of year.

The relative humidity is generally high year-round due to the proximity of the Pacific Coast. The relative humidity through 1993 and 1994 ranged from 67.5% to 89.4% with an average of 78.4% based upon the one-hour average relative humidity values.

Windy conditions are frequent at Red Mountain where hourly average wind speeds regularly exceed 10 m/s and instantaneous wind speeds in excess of 30 m/s have been observed. Measurements taken to date are from more sheltered locations than the top of the ridge where much of the surface activity takes place and significantly higher wind speeds are expected.

The topography in the Red Mountain area is extremely steep and rugged, with elevations ranging from 500 m to over 2,100 m ASL. The gold deposit lies under the summit of Red Mountain at elevations of between 1,600 and 2,000 m. Alpine glaciers are abundant and surround the property on three sides. Lower elevations are forested, with the tree line occurring at approximately 1,300 m. All current on-site infrastructure lies above the tree line in alpine terrain.
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Reference for information:
www.seabridgegold.net/redmount_summary.php
www.marketwire.com/press-release/Seabridge-Gold-Agrees-...
www.reuters.com/article/2009/10/16/idUS163374+16-Oct-20...
www.investorpoint.com/stock/GORO-Gold+Resource/news/256...