Seabridge Gold Connects With Communities
Prince George, B.C.- Seabridge Gold has all the permits and approvals it needs to move forward with its KSM gold mine project in the northwest, but while it waits to find the right investor to help move the $5.2 billion dollar project forward, it is helping along communities in the region.
This week, Seabridge gave out grants to 10 non profit organizations in the northwest. The cheques ranged in value from $500 to $1,500 to support local programs and initiatives.
“We have a community sponsorship program with the company and that is part of Seabridge’s commitment to ensure local communities benefit from the KSM project even though we haven’t entered into construction” says Elizabeth Miller, Seabridge Gold’s Manager, Environmental Affairs. Miller says the grants had been made available in a less formal way in the past “Essentially different organizations would come to us on a one off basis, just as an example, we sponsored last year, $10 thousand dollars for the Smithers arena, in the past we have given money to the Northwest Community College for their trades program” and there have been other grateful recipients such as festivals and hockey teams. “This time we thought let’s ask the communities themselves on where they would like those dollars spent.”
So, in July of this year, a newsletter was delivered to every mailbox in the region. That newsletter not only provided an update on the project, Miller says it also asked for nominations from the community on where they would like to see Seabridge Gold community sponsorship dollars go.
The nominations resulted in the following grants being awarded:
- District of Stewart – public golf facilities: $1000
- Coast Mountain School District – Educational program technology: $1000
- Gitxat’in Elders Society – Elders society outreach: $1000
- Terrace Hospice Society – Outreach and education: $1000
- Terrace Peaks – Gymnastics Club upgrades: $1000
- Smithers Ski and Snowboard Club – Course maintenance: $500
- Bulkley Valley Research Centre – Education and outreach: $500
- Bulkley Valley Childcare Society – Children’s educational program funding: $1000
- Smithers Library – 3-D printing technology: $1500
- Bulkley Valley Search and Rescue – Search and rescue supplies: $1500
This kind of grant program is a part of the company’s social license “It’s a part of it” says Miller, “but I guess, realistically, we are in the community, we do want to sponsor the community and help out with community initiatives.”
It is estimated the KSM mine has 38 million ounces of gold, and 9.9 billion pounds of copper. What sets this mine apart from many other projects is its predicted lifespan. The mine, ( located about 55 kms northwest of Stewart) would take 5 years to construct, and would be in operation for another 52 years beyond that.