Seabridge Hires Executive Vice President and Chief Operating Officer
February 14 2011 - 8:00AM
Marketwired
Rudi Fronk, President and CEO of Seabridge Gold (TSX: SEA)(NYSE
Amex: SA), announced today that the Company has hired Jay S.
Layman, 51, to the new position of Executive Vice President and
Chief Operating Officer effective March 1, 2011.
Mr. Layman, as Chief Operating Officer, will be responsible for
managing the engineering and design of Seabridge's two main
projects, KSM located in British Columbia, Canada and Courageous
Lake located in Canada's Northwest Territories. Most recently, Mr.
Layman was Vice President Solutions and Innovation for Newmont
Mining Company where he was responsible for managing Global
Technical Services and launching a Global Innovation Department.
Functions reporting to him included Mining Engineering, Metallurgy
and Process, Geostatistics and Reserves, Economic Geology, Project
Engineering, Renewable Energy and Global Exploration, Technology
and Solutions. During his employment at Newmont, he was responsible
for managing numerous Feasibility Studies and his career includes
experience in Business Development, Operations and Finance.
Mr. Fronk noted that Mr. Layman has the ideal experience
required to manage the further development of KSM and Courageous
Lake. "Jay has a very well-rounded background in all the technical
disciplines needed to optimize large projects. He will also work
closely with me and the Board to evaluate how to best realize value
from these projects, whether through a joint venture or sale."
Mr. Layman said that he had undertaken an extensive review of
Seabridge's projects, staff and consultants prior to accepting the
position. "I am most impressed with Seabridge's technical team and
I am satisfied that KSM and Courageous Lake are two of the best
large, undeveloped gold projects anywhere in the world. I look
forward to moving these projects forward and helping to optimize
their value for our shareholders."
Seabridge holds a 100% interest in several North American gold
projects. The Company's principal assets are the KSM property
located near Stewart, British Columbia, Canada and the Courageous
Lake gold project located in Canada's Northwest Territories. For a
breakdown of Seabridge's mineral reserves and mineral resources by
category please visit the Company's website at
http://www.seabridgegold.net/resources.php.
ON BEHALF OF THE BOARD
"Rudi Fronk" President & C.E.O.
Contacts: Seabridge Gold Inc. Rudi P. Fronk President and C.E.O.
(416) 367-9292 (416) 367-2711 (FAX) info@seabridgegold.net
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