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Seabridge Gold Expands Camp Zone High Grade Gold Deposit at KSM

Seabridge Gold (NYSE: SA) announced today results from the final 10 exploration holes drilled last summer on the newly discovered Camp Zone at its 100%-owned KSM Project in northwestern British Columbia. The new results include 10 intercepts above 10 grams of gold per tonne, confirming the high grade nature of this deposit which is favorably located at low altitude near planned infrastructure.The Camp Zone was discovered last summer while systematically testing numerous geophysical targets and geological concepts with potential for higher copper and gold grades (see news release of September 5, 2012 at www.seabridgegold.net/News/Article/390/). Once the discovery was made, the 2012 Camp Zone drill program focused on expanding the lateral size of the deposit with relatively shallow holes which extended the strike continuity to 1500 meters. The deposit remains open in all directions. Results from this first program suggest that drilling to date may be high in the system with possible better grades below. The 2013 program will therefore focus on the potential for bonanza grades at depth.The Camp Zone discovery is interpreted as an epithermal style gold occurrence containing significant widths of gold grades well above, and copper grades markedly below, the

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Posted-In: Earnings News Guidance Asset Sales Management Global

 

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