Why it matters now: New drilling by Seabridge Gold (TSX: SEA; NYSE: SA) at Snip North (Iskut, BC) cut broad porphyry‑style copper‑gold mineralization, adding district‑scale upside near the shovel‑ready KSM project. Fresh intercepts support the thesis that KSM sits within a larger porphyry cluster in the Golden Triangle.

Context: Capital remains selective for grassroots exploration, but high‑quality hits in tier‑one jurisdictions continue to attract interest — especially when adjacent to permitted infrastructure and existing mine plans.

Investor angle: Early‑stage porphyry systems are notoriously capital‑intensive, but proximity to KSM could create optionality (shared infrastructure, future hubs). For speculators, catalysts include follow‑up drilling and geophysics clarifying geometry and grade continuity.

What to watch: Next rounds of assays at Snip North and regional targeting updates around KSM.