In this conversation with Rudi Fronk, Chairman and CEO of Seabridge Gold [TSX: SEA | NYSE: SA], we revisit one of the most anticipated gold development stories in the sector. Rudi explains why KSM continues to rank as one of the world’s leading undeveloped gold copper assets, how Seabridge is navigating Canada’s renewed focus on major project approvals, and what a more coordinated federal approach could mean for timelines and capital. He also breaks down the significance of recent drill results at Iskut, the realities of permitting and litigation as a project moves closer to construction, and the company’s experience challenging tax rulings as development advances.

A core theme in this discussion is how the industry has changed across Rudi’s four decades in mining, particularly around the talent pipeline, evolving grade economics, and the fundamentals that still drive major discoveries. The conversation closes with a detailed look at partnership negotiations, where multiple global majors have now completed site visits and Seabridge is advancing terms with its preferred partner, setting the stage for what could be a defining moment in the company’s trajectory.

Lets dive in!