Drilling Commences At Seabridge Gold's KSM Project

TORONTO, ON - Seabridge Gold Inc. reported that drilling is now underway at its 100% owned KSM project. This year's drill program is designed to convert more of the existing mineral resources to proven and probable reserves, and conduct resource definition drilling at the Iron Cap zone where drilling by previous operators identified the potential for a fourth large deposit at KSM. Drilling to be conducted at the Mitchell and Sulphurets during 2010 is expected to increase reserves by 2 to 3 million ounces of gold. At Iron Cap, Seabridge's geologists believe that this new zone has the potential to host 250 to 500 million tonnes of mineralized material at grades similar to the Mitchell zone.
The company's address is 106 Front Street East, Suite 400, Toronto, ON M5A 1E1, 416.367.9292, fax: 416.367.2711, email: [email protected].