Seabridge Gold Drills Spectacular Intercept Within Deep Kerr Deposit at KSM - Seite 2

Grade
(g/T) Copper
Grade
(%) Silver
Grade
(g/T) K-13-34 1188 496.0 1136.5 640.5 0.42 0.85 1.9 including 581.0 729.7 148.7 0.89 1.86 4.5 including 678.5 729.7 51.2 1.47 3.07 6.0

Drill hole K-13-34 was drilled perpendicular to the strike of the Deep Kerr zone and was intended to intersect the true width of the body. We believe this intersection likely approximates true width but additional work and results from pending drill holes are required to confirm this interpretation.

The KSM Project contains one of the largest undeveloped gold and copper reserves in the world. Its composite intrusive complex hosts four large gold-copper porphyry deposits (Kerr, Sulphurets, Mitchell and Iron Cap) with direct genetic links to nearby epithermal vein deposits. The KSM mining district has undergone immense deformation as the rocks that host the four known porphyry deposits were bonded onto the North American continent during Cretaceous time. Seabridge has unravelled some of the complex history of the district which has led to the discovery of the Deep Kerr zone. These results are being incorporated into ongoing exploration for deep magmatic sources (known as core zones) elsewhere in the KSM district with the expectation of making additional high-grade discoveries.

Exploration activities at KSM are being conducted by Seabridge personnel under the supervision of William E. Threlkeld, Senior Vice President of Seabridge and a Qualified Person as defined by National Instrument 43-101. Mr. Threlkeld has reviewed and approved this news release. An ongoing and rigorous quality control/quality assurance protocol is being employed during the 2013 program including blank and reference standards in every batch of assays. Cross-check analyses are being conducted at a second external laboratory on 10% of the samples. Samples are being assayed using fire assay atomic adsorption methods for gold, total digestion ICP methods for other elements, and atomic adsorption methods for Cu, Ag, Mo, Pb, Zn and As on samples with >0.5% Cu, by ALS Minerals Canada Ltd. in North Vancouver, B.C.