Seabridge Gold Inc. is a mineral exploration company focused on acquiring and developing gold mining assets in Canada and the United States, with no operating mines or regular commodity production. The company holds interests in several early-stage exploration projects, including two advanced projects—the KSM Project in British Columbia encompassing multiple gold and copper zones, and the Courageous Lake Project in the Northwest Territories—that have completed preliminary assessments and advanced toward potential development. Seabridge generates limited operating revenue primarily from interest on cash balances and opportunistic sales of mineral properties, functioning as an exploration stage company that profits from identifying and advancing valuable mining assets during periods when market conditions become favorable for development.