Seabridge Reports Positive Results from Courageous Lake Metallurgical Tests

Seabridge Gold SEASA reported today that the first round of metallurgical tests on material from the new Walsh Lake deposit at its 100%-owned Courageous Lake project confirm high gold recoveries from conventional, direct ore cyanidation.SGS Mineral Services' laboratory in Lakefield performed tests on three separate composite samples taken from Walsh Lake drill core. The head grade of the composite samples provided by Seabridge ranged from 2.9 grams of gold per tonne (g/t) to 12.2 g/t in order to assess variations in recoveries at different grades. The samples were ground so that about 80% of the material would pass through a 200 mesh screen, typical of material subjected to gold industry milling practices. The laboratory results indicate that the Walsh Lake material is not refractory and is amenable to leaching by standard, direct cyanidation procedures, yielding gold extractions ranging from 93.8% to 95.0% in 48 hours of leach time. Flotation tests were also performed, yielding gold recoveries ranging from 95% on high grade material to 88% on lower grade material in rougher flotation concentrates containing 15% to 23% of the original composite weight.Seabridge Chairman and CEO Rudi Fronk said the results of the See full press release