Seabridge Announces Positive Results from Five More Drill Holes at Deep Kerr

Seabridge Gold

today announced positive results from five more drill holes which continue to define a high-grade copper-gold deposit at Deep Kerr on its 100%-owned KSM Project in north western British Columbia, Canada. A total of 29 holes were commenced at Deep Kerr this summer and 26 hit the high-grade main zone. Assays have now been received for 20 of these 26 holes; all 20 intersected wide intervals grading at or above 0.5% copper and 17 have major intercepts averaging above 0.6% copper. In addition, drilling has encountered high-grade veins outside the main zone which are now being investigated as a further potential resource. Drilling activities have now been terminated for the winter; drilling equipment and personnel have left the site and work is now concentrating on formalizing a geological model for resource estimation. Results from the final six Deep Kerr drill holes are expected shortly.Seabridge announced on August 12, 2013 that a higher-grade copper-gold core zone named Deep Kerr had been discovered beneath the Kerr porphyry deposit (see news release). Five diamond core drill rigs were deployed on the Deep Kerr target during most of the field season, generating 24,000