# EDGAR Filing Document

**Accession Number:** 0001231346
**File Stem:** 0001213900-26-064558
**Filing Date:** 2026-6
**Character Count:** 64974
**Document Hash:** fe8949e9f86516f15aa72483dc5d410f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-26-064558.hdr.sgml**: 20260603

**ACCESSION NUMBER**: 0001213900-26-064558

**CONFORMED SUBMISSION TYPE**: SD

**PUBLIC DOCUMENT COUNT**: 15

**FILED AS OF DATE**: 20260603

**DATE AS OF CHANGE**: 20260603

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SEABRIDGE GOLD INC
- **CENTRAL INDEX KEY:** 0001231346
- **STANDARD INDUSTRIAL CLASSIFICATION:** GOLD & SILVER ORES [1040]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 000000000
- **STATE OF INCORPORATION:** A6
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SD
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-32135
- **FILM NUMBER:** 261059729

**BUSINESS ADDRESS:**
- **STREET 1:** 106 FRONT STREET EAST
- **STREET 2:** SUITE 400
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M5A 1E1
- **BUSINESS PHONE:** 416-367-9292

**MAIL ADDRESS:**
- **STREET 1:** 106 FRONT STREET EAST
- **STREET 2:** SUITE 400
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M5A 1E1

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM SD**

**SPECIALIZED DISCLOSURE REPORT**

**SEABRIDGE GOLD INC.**

**(Exact name of registrant as specified in its charter)**

---

| | |
|:---|:---|
| Canada | 001-32135 |
| **(State or other jurisdiction of incorporation)** | **(Commission File Number)** |

---

---

| | |
|:---|:---|
| 106 Front Street East, Suite 400<br> Toronto, Ontario, Canada | M5A 1E1 |
| **(Address of principal executive offices)** | **(Zip code)** |

---

Hassan Esmaeili, Seabridge Gold Inc., (416) 367-9292

**(Name and telephone number, including area code, of person to contact in connection with this report)**

Check the appropriate box to indicate the rule pursuant to which this form is being filed.

☐ Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31,_________.

☒ Rule 13q-1 under the Securities
Exchange Act (17 CFR 240.13q-1) for the fiscal year ended December 31, 2025.

**SECTION 1 - CONFLICT MINERALS DISCLOSURE**

**Item 1.01 - Conflict Minerals Disclosure and Report**

Not applicable

**Item 1.02 - Exhibit**

Not applicable

**SECTION 2 - RESOURCE EXTRACTION ISSUER DISCLOSURE**

**Item 2.01 Resource Extraction Issuer Disclosure and Report**

Seabridge Gold Inc. (the "Company") is subject to Canada's Extractive Sector Transparency Measures Act ("ESTMA"). The Company is relying on the alternative reporting provision of Item 2.01 and providing its ESTMA report for the year ended December 31, 2025 to satisfy the requirements of Item 2.01. The Company's ESTMA report is available on the Company's website at https://www.seabridgegold.com/investors/financial-reports or on the Government of Canada's website at https://natural-resources.canada.ca/our-natural-resources/minerals-mining/services-for-the-mining-industry/extractive-sector-transparency-measures-act/links-estma-reports/18198. The payment disclosure required by Form SD is included as Exhibit 2.01 to this Form SD.

**SECTION 3 - EXHIBITS**

**Item 3.01. Exhibits**

The following exhibit is filed as part of this report.

---

| | |
|:---|:---|
| **Exhibit<br> Number** | **Description** |
| 2.01 | [Extractive Sector Transparency Measures Act - Annual Report for the year ended December 31, 2025](ea029281401ex2-01.htm) |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned.

---

| | |
|:---|:---|
| **SEABRIDGE GOLD INC.** | June 2, 2026 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Date) |

---

---

| | |
|:---|:---|
| By: | /s/ Gregory Martin |
| Name: | Gregory Martin |
| Title: | Chief Financial Officer |

---

## Ex-2

**Exhibit 2.01**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Extractive Sector Transparency Measures Act - Annual Report** | **Extractive Sector Transparency Measures Act - Annual Report** | **Extractive Sector Transparency Measures Act - Annual Report** | **Extractive Sector Transparency Measures Act - Annual Report** | **Extractive Sector Transparency Measures Act - Annual Report** | **Extractive Sector Transparency Measures Act - Annual Report** | **Extractive Sector Transparency Measures Act - Annual Report** |  |
| **Reporting Entity Name** | Seabridge Gold Inc. | Seabridge Gold Inc. | Seabridge Gold Inc. | Seabridge Gold Inc. | Seabridge Gold Inc. | Seabridge Gold Inc. |  |
| **Reporting Year** | **From** | 1/1/2025 | **To:** | 12/31/2025 | **Date submitted** | 5/30/2026 | Reporting Entities May<br> Insert Their Brand/Logo here |
| **Reporting Entity ESTMA Identification Number** | E450999 | E450999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;![](ea029281401_ex2-01img1.jpg) Original Submission<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;![](ea029281401_ex2-01img2.jpg) Amended Report | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;![](ea029281401_ex2-01img1.jpg) Original Submission<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;![](ea029281401_ex2-01img2.jpg) Amended Report |  |  |  |
| **Other Subsidiaries Included**<br> (optional field) |  |  |  |  |  |  |  |
| **Not Consolidated** |  |  |  |  |  |  |  |
| **Not Substituted** |  |  |  |  |  |  |  |
| **Attestation by Reporting Entity** |  |  |  |  |  |  |  |
| *In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.* | *In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.* | *In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.* | *In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.* | *In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.* | *In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.* | *In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.* |  |
| **Full Name of Director or Officer of Reporting Entity** | **Gregory Martin** | **Gregory Martin** | **Date** | **Date** | *5/30/2026* | *5/30/2026* |  |
| **Position Title** | **CFO** | **CFO** | **Date** | **Date** | *5/30/2026* | *5/30/2026* |  |

---

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Extractive Sector Transparency Measures Act - Annual Report** | **Extractive Sector Transparency Measures Act - Annual Report** | **Extractive Sector Transparency Measures Act - Annual Report** | **Extractive Sector Transparency Measures Act - Annual Report** | **Extractive Sector Transparency Measures Act - Annual Report** | **Extractive Sector Transparency Measures Act - Annual Report** | **Extractive Sector Transparency Measures Act - Annual Report** | **Extractive Sector Transparency Measures Act - Annual Report** | **Extractive Sector Transparency Measures Act - Annual Report** | **Extractive Sector Transparency Measures Act - Annual Report** | **Extractive Sector Transparency Measures Act - Annual Report** | **Extractive Sector Transparency Measures Act - Annual Report** |
| **Reporting Year** | **From:** | 1/1/2025 | **To:** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12/31/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12/31/2025 |  |  |  |  |  |  |
| **Reporting Entity Name** | Seabridge Gold Inc. | Seabridge Gold Inc. | Seabridge Gold Inc. | Seabridge Gold Inc. | Seabridge Gold Inc. | **Currency of the Report** | CAD | CAD |  |  |  |
| **Reporting Entity ESTMA**<br> **Identification Number** | E450999 | E450999 | E450999 | E450999 | E450999 |  |  |  |  |  |  |
| **Subsidiary Reporting Entities<br> (if necessary)** |  |  |  |  |  |  |  |  |  |  |  |
| **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** | **Payments by Payee** |
| <br> **Country** | <br> **Payee Name<sup>1</sup>** | **Departments, Agency, etc…<br> within Payee that Received<br> Payments<sup>2</sup>** | <br> **Taxes** | <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Royalties**  | <br> **Fees**  | <br> **Production Entitlements** | <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Bonuses**  | <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Dividends**  | **Infrastructure<br> Improvement <br> Payments** | **Total Amount paid to<br> Payee** | <br> **Notes<sup>34</sup>** |
| Canada - Northwest Territories | Government of Northwest Territories | &nbsp;&nbsp;Department of Finance |  |  | <br> 140000 |  |  |  |  | **140000** | Licence and permits (claim fees) |
| &nbsp;&nbsp;Canada - British Columbia | &nbsp;&nbsp;Provincial Government of British Columbia | &nbsp;&nbsp;Ministry of Finance |  |  | &nbsp;&nbsp;720000 |  |  |  |  | &nbsp;&nbsp;**720000** | &nbsp;&nbsp;licence and permits fees and reportable taxes |
| Canada | &nbsp;&nbsp;Government of Canada | &nbsp;&nbsp;Receiver General for Canada | 880000 |  |  |  |  |  |  | &nbsp;&nbsp;**880000** | &nbsp;&nbsp;Part XII.6 Tax |
| &nbsp;&nbsp;United States of America | &nbsp;&nbsp;United States Government | &nbsp;&nbsp;United States Bureau of Land Management |  |  | &nbsp;&nbsp;300000 |  |  |  |  | &nbsp;&nbsp;**300000** | &nbsp;&nbsp;Licence and permits (claim fees) |
| <br> **Additional Notes:** | <br> US$222,200 payment to the United States Bureau of Land Management in June 2025 was converted at 1.37 (C$300,000). The Company uses the foreign exchange rate in effect on the payment date to convert payments in currencies other than Canadian dollars. | <br> US$222,200 payment to the United States Bureau of Land Management in June 2025 was converted at 1.37 (C$300,000). The Company uses the foreign exchange rate in effect on the payment date to convert payments in currencies other than Canadian dollars. | <br> US$222,200 payment to the United States Bureau of Land Management in June 2025 was converted at 1.37 (C$300,000). The Company uses the foreign exchange rate in effect on the payment date to convert payments in currencies other than Canadian dollars. | <br> US$222,200 payment to the United States Bureau of Land Management in June 2025 was converted at 1.37 (C$300,000). The Company uses the foreign exchange rate in effect on the payment date to convert payments in currencies other than Canadian dollars. | <br> US$222,200 payment to the United States Bureau of Land Management in June 2025 was converted at 1.37 (C$300,000). The Company uses the foreign exchange rate in effect on the payment date to convert payments in currencies other than Canadian dollars. | <br> US$222,200 payment to the United States Bureau of Land Management in June 2025 was converted at 1.37 (C$300,000). The Company uses the foreign exchange rate in effect on the payment date to convert payments in currencies other than Canadian dollars. | <br> US$222,200 payment to the United States Bureau of Land Management in June 2025 was converted at 1.37 (C$300,000). The Company uses the foreign exchange rate in effect on the payment date to convert payments in currencies other than Canadian dollars. | <br> US$222,200 payment to the United States Bureau of Land Management in June 2025 was converted at 1.37 (C$300,000). The Company uses the foreign exchange rate in effect on the payment date to convert payments in currencies other than Canadian dollars. | <br> US$222,200 payment to the United States Bureau of Land Management in June 2025 was converted at 1.37 (C$300,000). The Company uses the foreign exchange rate in effect on the payment date to convert payments in currencies other than Canadian dollars. | <br> US$222,200 payment to the United States Bureau of Land Management in June 2025 was converted at 1.37 (C$300,000). The Company uses the foreign exchange rate in effect on the payment date to convert payments in currencies other than Canadian dollars. | <br> US$222,200 payment to the United States Bureau of Land Management in June 2025 was converted at 1.37 (C$300,000). The Company uses the foreign exchange rate in effect on the payment date to convert payments in currencies other than Canadian dollars. |

---

<sup>1</sup> Enter the proper name of the Payee receiving the money (i.e. the municipality of x, the province of y, national government of z).

<sup>2</sup> Optional field.

<sup>3</sup> When payments are made in-kind, the notes field must highlight which payment includes in-kind contributions and the method for calculating the value of the payment.

<sup>4</sup> Any payments made in currencies other than the report currency must be identified. The Reporting Entity may use the Additional notes row or the Notes column to identify any payments that are converted, along with the exchange rate and primary method used for currency conversions.

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Extractive Sector Transparency Measures Act - Annual Report** | **Extractive Sector Transparency Measures Act - Annual Report** | **Extractive Sector Transparency Measures Act - Annual Report** | **Extractive Sector Transparency Measures Act - Annual Report** | **Extractive Sector Transparency Measures Act - Annual Report** | **Extractive Sector Transparency Measures Act - Annual Report** | **Extractive Sector Transparency Measures Act - Annual Report** | **Extractive Sector Transparency Measures Act - Annual Report** | **Extractive Sector Transparency Measures Act - Annual Report** | **Extractive Sector Transparency Measures Act - Annual Report** | **Extractive Sector Transparency Measures Act - Annual Report** |
| **Reporting Year** | **From:** | 1/1/2025 | **To:** | 12/31/2025 | 12/31/2025 |  |  |  |  |  |
| **Reporting Entity Name** | Seabridge Gold Inc. | Seabridge Gold Inc. | Seabridge Gold Inc. | Seabridge Gold Inc. | Seabridge Gold Inc. | **Currency of the Report** | CAD | CAD | CAD | CAD |
| **Reporting Entity ESTMA**<br> **Identification Number** | E450999 | E450999 | E450999 | E450999 | E450999 |  |  |  |  |  |
| **Subsidiary Reporting Entities<br> (if necessary)** |  |  |  |  |  |  |  |  |  |  |
| **Payments by Project** | **Payments by Project** | **Payments by Project** | **Payments by Project** | **Payments by Project** | **Payments by Project** | **Payments by Project** | **Payments by Project** | **Payments by Project** | **Payments by Project** | **Payments by Project** |
| **Country** | <br> **Project Name<sup>1</sup>** | <br> **Taxes** | <br> **Royalties** | <br> **Fees** | <br> **Production Entitlements** | <br> **Bonuses** | <br> **Dividends** | **Infrastructure<br> Improvement<br> Payments** | **Total Amount paid by<br> Project** | <br> **Notes<sup>23</sup>** |
| Canada - British Columbia | KSM |  |  | 690000 |  |  |  |  | **690000** | licence and permits fees and reportable taxes |
| Canada - British Columbia | Bronson Corridor |  |  | 30000 |  |  |  |  | **30000** | Licence and permits<br> (claim fees) |
| Canada - Northwest Territories | Courageous Lake |  |  | 140000 |  |  |  |  | **140000** | Licence and permits <br> (claim fees) |
| Canada | Corporate | 880000 |  |  |  |  |  |  | **880000** | Part XII.6 Tax |
| United States of America | Snowstorm |  |  | 300000 |  |  |  |  | **300000** | Licence and permits<br> (claim fees) |
| **Additional Notes<sup>3</sup>:** | <br> US$222,200 payment to the United States Bureau of Land Management in June 2025 was converted at 1.37 (C$300,000). The Company uses the foreign exchange rate in effect on the payment date to convert payments in currencies other than Canadian dollars. | <br> US$222,200 payment to the United States Bureau of Land Management in June 2025 was converted at 1.37 (C$300,000). The Company uses the foreign exchange rate in effect on the payment date to convert payments in currencies other than Canadian dollars. | <br> US$222,200 payment to the United States Bureau of Land Management in June 2025 was converted at 1.37 (C$300,000). The Company uses the foreign exchange rate in effect on the payment date to convert payments in currencies other than Canadian dollars. | <br> US$222,200 payment to the United States Bureau of Land Management in June 2025 was converted at 1.37 (C$300,000). The Company uses the foreign exchange rate in effect on the payment date to convert payments in currencies other than Canadian dollars. | <br> US$222,200 payment to the United States Bureau of Land Management in June 2025 was converted at 1.37 (C$300,000). The Company uses the foreign exchange rate in effect on the payment date to convert payments in currencies other than Canadian dollars. | <br> US$222,200 payment to the United States Bureau of Land Management in June 2025 was converted at 1.37 (C$300,000). The Company uses the foreign exchange rate in effect on the payment date to convert payments in currencies other than Canadian dollars. | <br> US$222,200 payment to the United States Bureau of Land Management in June 2025 was converted at 1.37 (C$300,000). The Company uses the foreign exchange rate in effect on the payment date to convert payments in currencies other than Canadian dollars. | <br> US$222,200 payment to the United States Bureau of Land Management in June 2025 was converted at 1.37 (C$300,000). The Company uses the foreign exchange rate in effect on the payment date to convert payments in currencies other than Canadian dollars. | <br> US$222,200 payment to the United States Bureau of Land Management in June 2025 was converted at 1.37 (C$300,000). The Company uses the foreign exchange rate in effect on the payment date to convert payments in currencies other than Canadian dollars. | <br> US$222,200 payment to the United States Bureau of Land Management in June 2025 was converted at 1.37 (C$300,000). The Company uses the foreign exchange rate in effect on the payment date to convert payments in currencies other than Canadian dollars. |

---

<sup>1</sup> Enter the project that the payment is attributed to. Some payments may not be attributable to a specific project, and do not need to be disclosed in the "Payments by Project" table.

<sup>2</sup> When payments are made in-kind, the notes field must highlight which payment includes in-kind contributions and the method for calculating the value of the payment.

<sup>3</sup> Any payments made in currencies other than the report currency must be identified. The Reporting Entity may use the "Additional Notes" row or the "Notes" column to identify any payments that are converted, along with the exchange rate and primary method used for currency conversions.

## Exhibit 2.01

```

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  </context>
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    </period>
  </context>
  <context id="c9_From1Jan2025To31Dec2025_CorporateMember">
    <entity>
      <identifier scheme="http://www.sec.gov/CIK">0001231346</identifier>
      <segment>
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  </context>
  <context id="c10_From1Jan2025To31Dec2025_SnowstormMember">
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      <identifier scheme="http://www.sec.gov/CIK">0001231346</identifier>
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    <entity>
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    <measure>iso4217:CAD</measure>
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</xbrl>
</XBRL>

```

## Exhibit 2.01

```

<XBRL>
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        <link:roleRef xlink:type="simple" xlink:href="https://xbrl.sec.gov/rxp/2025/rxp-2025.xsd#ByGovernment" roleURI="http://xbrl.sec.gov/rxp/role/ByGovernment"/>
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        <link:roleRef xlink:type="simple" xlink:href="https://xbrl.sec.gov/rxp/2025/rxp-2025.xsd#ByProject" roleURI="http://xbrl.sec.gov/rxp/role/ByProject"/>
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        <link:roleRef xlink:type="simple" xlink:href="https://xbrl.sec.gov/rxp/2025/rxp-2025.xsd#SegmentsOnly" roleURI="http://xbrl.sec.gov/rxp/role/SegmentsOnly"/>
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        </link:definitionLink>
        <link:presentationLink xlink:role="http://xbrl.sec.gov/rxp/role/ByProject" xlink:type="extended">
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        </link:presentationLink>
        <link:definitionLink xlink:role="http://xbrl.sec.gov/rxp/role/ResourcesOnly" xlink:type="extended">
          <loc xlink:type="locator" xlink:label="rxp_AllResourcesMember" xlink:href="https://xbrl.sec.gov/rxp/2025/rxp-2025.xsd#rxp_AllResourcesMember"/>
          <loc xlink:type="locator" xlink:label="sa_GoldMember" xlink:href="#sa_GoldMember"/>
          <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="rxp_AllResourcesMember" xlink:to="sa_GoldMember" order="0" xbrldt:closed="true"/>
        </link:definitionLink>
        <link:definitionLink xlink:role="http://xbrl.sec.gov/rxp/role/SegmentsOnly" xlink:type="extended">
          <loc xlink:type="locator" xlink:label="rxp_AllSegmentsMember" xlink:href="https://xbrl.sec.gov/rxp/2025/rxp-2025.xsd#rxp_AllSegmentsMember"/>
          <loc xlink:type="locator" xlink:label="sa_ExplorationDepartmentMember" xlink:href="#sa_ExplorationDepartmentMember"/>
          <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="rxp_AllSegmentsMember" xlink:to="sa_ExplorationDepartmentMember" order="0" xbrldt:closed="true"/>
          <loc xlink:type="locator" xlink:label="sa_DepartmentOfFinanceMember" xlink:href="#sa_DepartmentOfFinanceMember"/>
          <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="rxp_AllSegmentsMember" xlink:to="sa_DepartmentOfFinanceMember" order="1" xbrldt:closed="true"/>
          <loc xlink:type="locator" xlink:label="sa_MinistryOfFinanceMember" xlink:href="#sa_MinistryOfFinanceMember"/>
          <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="rxp_AllSegmentsMember" xlink:to="sa_MinistryOfFinanceMember" order="2" xbrldt:closed="true"/>
          <loc xlink:type="locator" xlink:label="sa_UnitedStatesBureauOfLandManagementMember" xlink:href="#sa_UnitedStatesBureauOfLandManagementMember"/>
          <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="rxp_AllSegmentsMember" xlink:to="sa_UnitedStatesBureauOfLandManagementMember" order="3" xbrldt:closed="true"/>
        </link:definitionLink>
        <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
          <loc xlink:type="locator" xlink:label="sa_GovernmentOfNorthwestTerritoriesMember" xlink:href="#sa_GovernmentOfNorthwestTerritoriesMember"/>
          <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sa_GovernmentOfNorthwestTerritoriesMember_lbl" xml:lang="en-US">Government of Northwest Territories [Member]</label>
          <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sa_GovernmentOfNorthwestTerritoriesMember" xlink:to="sa_GovernmentOfNorthwestTerritoriesMember_lbl"/>
          <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="sa_GovernmentOfNorthwestTerritoriesMember_lbl0" xml:lang="en-US">Government of Northwest Territories</label>
          <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sa_GovernmentOfNorthwestTerritoriesMember" xlink:to="sa_GovernmentOfNorthwestTerritoriesMember_lbl0"/>
          <loc xlink:type="locator" xlink:label="sa_ProvincialGovernmentOfBritishColumbiaMember" xlink:href="#sa_ProvincialGovernmentOfBritishColumbiaMember"/>
          <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sa_ProvincialGovernmentOfBritishColumbiaMember_lbl" xml:lang="en-US">Provincial Government of British Columbia [Member]</label>
          <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sa_ProvincialGovernmentOfBritishColumbiaMember" xlink:to="sa_ProvincialGovernmentOfBritishColumbiaMember_lbl"/>
          <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="sa_ProvincialGovernmentOfBritishColumbiaMember_lbl0" xml:lang="en-US">Provincial Government of British Columbia</label>
          <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sa_ProvincialGovernmentOfBritishColumbiaMember" xlink:to="sa_ProvincialGovernmentOfBritishColumbiaMember_lbl0"/>
          <loc xlink:type="locator" xlink:label="sa_ReceiverGeneralForCanadaMember" xlink:href="#sa_ReceiverGeneralForCanadaMember"/>
          <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sa_ReceiverGeneralForCanadaMember_lbl" xml:lang="en-US">Receiver General for Canada [Member]</label>
          <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sa_ReceiverGeneralForCanadaMember" xlink:to="sa_ReceiverGeneralForCanadaMember_lbl"/>
          <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="sa_ReceiverGeneralForCanadaMember_lbl0" xml:lang="en-US">Receiver General for Canada</label>
          <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sa_ReceiverGeneralForCanadaMember" xlink:to="sa_ReceiverGeneralForCanadaMember_lbl0"/>
          <loc xlink:type="locator" xlink:label="sa_UnitedStatesGovernmentMember" xlink:href="#sa_UnitedStatesGovernmentMember"/>
          <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sa_UnitedStatesGovernmentMember_lbl" xml:lang="en-US">United States Government [Member]</label>
          <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sa_UnitedStatesGovernmentMember" xlink:to="sa_UnitedStatesGovernmentMember_lbl"/>
          <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="sa_UnitedStatesGovernmentMember_lbl0" xml:lang="en-US">United States Government</label>
          <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sa_UnitedStatesGovernmentMember" xlink:to="sa_UnitedStatesGovernmentMember_lbl0"/>
          <loc xlink:type="locator" xlink:label="sa_KSMMember" xlink:href="#sa_KSMMember"/>
          <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sa_KSMMember_lbl" xml:lang="en-US">KSM [Member]</label>
          <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sa_KSMMember" xlink:to="sa_KSMMember_lbl"/>
          <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="sa_KSMMember_lbl0" xml:lang="en-US">KSM</label>
          <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sa_KSMMember" xlink:to="sa_KSMMember_lbl0"/>
          <loc xlink:type="locator" xlink:label="sa_BronsonCorridor4Member" xlink:href="#sa_BronsonCorridor4Member"/>
          <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sa_BronsonCorridor4Member_lbl" xml:lang="en-US">Bronson Corridor 4 [Member]</label>
          <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sa_BronsonCorridor4Member" xlink:to="sa_BronsonCorridor4Member_lbl"/>
          <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="sa_BronsonCorridor4Member_lbl0" xml:lang="en-US">Bronson Corridor 4</label>
          <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sa_BronsonCorridor4Member" xlink:to="sa_BronsonCorridor4Member_lbl0"/>
          <loc xlink:type="locator" xlink:label="sa_CourageousLakeMember" xlink:href="#sa_CourageousLakeMember"/>
          <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sa_CourageousLakeMember_lbl" xml:lang="en-US">Courageous Lake [Member]</label>
          <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sa_CourageousLakeMember" xlink:to="sa_CourageousLakeMember_lbl"/>
          <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="sa_CourageousLakeMember_lbl0" xml:lang="en-US">Courageous Lake</label>
          <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sa_CourageousLakeMember" xlink:to="sa_CourageousLakeMember_lbl0"/>
          <loc xlink:type="locator" xlink:label="sa_CorporateMember" xlink:href="#sa_CorporateMember"/>
          <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sa_CorporateMember_lbl" xml:lang="en-US">Corporate [Member]</label>
          <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sa_CorporateMember" xlink:to="sa_CorporateMember_lbl"/>
          <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="sa_CorporateMember_lbl0" xml:lang="en-US">Corporate</label>
          <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sa_CorporateMember" xlink:to="sa_CorporateMember_lbl0"/>
          <loc xlink:type="locator" xlink:label="sa_SnowstormMember" xlink:href="#sa_SnowstormMember"/>
          <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sa_SnowstormMember_lbl" xml:lang="en-US">Snowstorm [Member]</label>
          <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sa_SnowstormMember" xlink:to="sa_SnowstormMember_lbl"/>
          <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="sa_SnowstormMember_lbl0" xml:lang="en-US">Snowstorm</label>
          <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sa_SnowstormMember" xlink:to="sa_SnowstormMember_lbl0"/>
          <loc xlink:type="locator" xlink:label="sa_GoldMember" xlink:href="#sa_GoldMember"/>
          <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sa_GoldMember_lbl" xml:lang="en-US">Gold</label>
          <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sa_GoldMember" xlink:to="sa_GoldMember_lbl"/>
          <loc xlink:type="locator" xlink:label="sa_ExplorationDepartmentMember" xlink:href="#sa_ExplorationDepartmentMember"/>
          <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sa_ExplorationDepartmentMember_lbl" xml:lang="en-US">Exploration Department [Member]</label>
          <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sa_ExplorationDepartmentMember" xlink:to="sa_ExplorationDepartmentMember_lbl"/>
          <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="sa_ExplorationDepartmentMember_lbl0" xml:lang="en-US">Exploration Department</label>
          <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sa_ExplorationDepartmentMember" xlink:to="sa_ExplorationDepartmentMember_lbl0"/>
          <loc xlink:type="locator" xlink:label="sa_DepartmentOfFinanceMember" xlink:href="#sa_DepartmentOfFinanceMember"/>
          <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sa_DepartmentOfFinanceMember_lbl" xml:lang="en-US">Department of Finance</label>
          <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sa_DepartmentOfFinanceMember" xlink:to="sa_DepartmentOfFinanceMember_lbl"/>
          <loc xlink:type="locator" xlink:label="sa_MinistryOfFinanceMember" xlink:href="#sa_MinistryOfFinanceMember"/>
          <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sa_MinistryOfFinanceMember_lbl" xml:lang="en-US">Ministry of Finance</label>
          <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sa_MinistryOfFinanceMember" xlink:to="sa_MinistryOfFinanceMember_lbl"/>
          <loc xlink:type="locator" xlink:label="sa_UnitedStatesBureauOfLandManagementMember" xlink:href="#sa_UnitedStatesBureauOfLandManagementMember"/>
          <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sa_UnitedStatesBureauOfLandManagementMember_lbl" xml:lang="en-US">United States Bureau of Land Management</label>
          <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sa_UnitedStatesBureauOfLandManagementMember" xlink:to="sa_UnitedStatesBureauOfLandManagementMember_lbl"/>
          <loc xlink:type="locator" xlink:label="country_CA" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_CA"/>
          <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="country_CA_lbl" xml:lang="en-US">CANADA</label>
          <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="country_CA" xlink:to="country_CA_lbl"/>
          <loc xlink:type="locator" xlink:label="country_US" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_US"/>
          <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="country_US_lbl" xml:lang="en-US">UNITED STATES</label>
          <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="country_US" xlink:to="country_US_lbl"/>
        </link:labelLink>
      </link:linkbase>
    </xs:appinfo>
  </xs:annotation>
  <xs:import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd"/>
  <xs:import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd"/>
  <xs:import namespace="http://www.xbrl.org/2009/role/negated" schemaLocation="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd"/>
  <xs:import namespace="http://xbrl.sec.gov/rxp/2025" schemaLocation="https://xbrl.sec.gov/rxp/2025/rxp-2025.xsd"/>
  <xs:import namespace="http://www.xbrl.org/dtr/type/2024-01-31" schemaLocation="https://www.xbrl.org/dtr/type/2024-01-31/types.xsd"/>
  <xs:element name="GovernmentOfNorthwestTerritoriesMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="sa_GovernmentOfNorthwestTerritoriesMember"/>
  <xs:element name="ProvincialGovernmentOfBritishColumbiaMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="sa_ProvincialGovernmentOfBritishColumbiaMember"/>
  <xs:element name="ReceiverGeneralForCanadaMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="sa_ReceiverGeneralForCanadaMember"/>
  <xs:element name="UnitedStatesGovernmentMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="sa_UnitedStatesGovernmentMember"/>
  <xs:element name="KSMMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="sa_KSMMember"/>
  <xs:element name="BronsonCorridor4Member" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="sa_BronsonCorridor4Member"/>
  <xs:element name="CourageousLakeMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="sa_CourageousLakeMember"/>
  <xs:element name="CorporateMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="sa_CorporateMember"/>
  <xs:element name="SnowstormMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="sa_SnowstormMember"/>
  <xs:element name="GoldMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="sa_GoldMember"/>
  <xs:element name="ExplorationDepartmentMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="sa_ExplorationDepartmentMember"/>
  <xs:element name="DepartmentOfFinanceMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="sa_DepartmentOfFinanceMember"/>
  <xs:element name="MinistryOfFinanceMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="sa_MinistryOfFinanceMember"/>
  <xs:element name="UnitedStatesBureauOfLandManagementMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="sa_UnitedStatesBureauOfLandManagementMember"/>
</xs:schema>
</XBRL>

```