Seabridge Gold Shares Rise 5% on Positive Drill Results at Deep Kerr

Seabridge Gold SA announced today it has received additional exceptional drill results from the high-grade Deep Kerr core zone, confirming the likelihood of being able to calculate a sizeable resource estimate for the new discovery after just one season of drilling. Of 29 holes drilled at Deep Kerr this summer, 26 have hit the high-grade zone. Assays have been received to date for 15 of these 26 holes; all 15 have intersected wide intervals grading at or above 0.5% copper and 13 have major intercepts averaging above 0.6% copper. Five diamond core drill rigs were deployed on the Deep Kerr target during most of the field season, generating 24,000 meters of core. Initially, the program explored the dip projection of the 1,800 meter long Kerr deposit. Preliminary evaluation of the target indicates that the strike potential of the core zone is at least 1,600 meters long, between 200 and 300 meters wide and at least 700 meters vertically; however Deep Kerr remains open along strike and vertically. In August, drilling was focused on about 1,000 meters of the strike potential to generate data for an initial resource estimate. The Deep Kerr See full press release