Seabridge Gold Files 2016 Year End Audited Financial Statements and MD&A
March 29 2017 - 2:31PM
Seabridge Gold announced today that it has filed its Audited
Consolidated Financial Statements and its Management's Discussion
and Analysis for the year ended December 31, 2016 on SEDAR
(www.sedar.com). To review these documents on the Company website,
please see http://www.seabridgegold.net/sharefinrep.php.
The Company’s principal assets are the 100%
owned KSM property located near Stewart, British Columbia, Canada
and the 100% owned Courageous Lake gold project located in Canada’s
Northwest Territories. For a breakdown of Seabridge’s mineral
resources by project and resource category please visit the
Company’s website at
http://www.seabridgegold.net/resources.php.
All resource estimates reported by the
Corporation were calculated in accordance with the Canadian
National Instrument 43-101 and the Canadian Institute of Mining and
Metallurgy Classification system. These standards differ
significantly from the requirements of the U.S. Securities and
Exchange Commission. Mineral resources which are not mineral
reserves do not have demonstrated economic viability.
Statements relating to the estimated or
expected future production and operating results and costs and
financial condition of Seabridge, planned work at the Corporation’s
projects and the expected results of such work are forward-looking
statements within the meaning of the United States Private
Securities Litigation Reform Act of 1995. Forward-looking
statements are statements that are not historical facts and are
generally, but not always, identified by words such as the
following: expects, plans, anticipates, believes, intends,
estimates, projects, assumes, potential and similar expressions.
Forward-looking statements also include reference to events or
conditions that will, would, may, could or should occur.
Information concerning exploration results and mineral reserve and
resource estimates may also be deemed to be forward-looking
statements, as it constitutes a prediction of what might be found
to be present when and if a project is actually developed. These
forward-looking statements are necessarily based upon a number of
estimates and assumptions that, while considered reasonable at the
time they are made, are inherently subject to a variety of risks
and uncertainties which could cause actual events or results to
differ materially from those reflected in the forward-looking
statements, including, without limitation: uncertainties related to
raising sufficient financing to fund the planned work in a timely
manner and on acceptable terms; changes in planned work resulting
from logistical, technical or other factors; the
possibility that results of work will not fulfill
projections/expectations and realize the perceived potential of the
Corporation’s projects; uncertainties involved in the
interpretation of drilling results and other tests and the
estimation of gold reserves and resources; risk of accidents,
equipment breakdowns and labour disputes or other unanticipated
difficulties or interruptions; the possibility of environmental
issues at the Corporation’s projects; the possibility of cost
overruns or unanticipated expenses in work programs; the need to
obtain permits and comply with environmental laws and regulations
and other government requirements; fluctuations in the price of
gold and other risks and uncertainties, including those described
in the Corporation’s December 31, 2016 Annual Information Form
filed with SEDAR in Canada (available at www.sedar.com) and the
Corporation’s Annual Report Form 40-F filed with the U.S.
Securities and Exchange Commission on EDGAR (available at
www.sec.gov/edgar.shtml). Forward-looking
statements are based on the beliefs, estimates and opinions of the
Corporation’s management or its independent professional
consultants on the date the statements are made.
ON BEHALF OF THE
BOARD
"Rudi Fronk" Chairman and C.E.O.
For further information please contact:Rudi P.
Fronk, Chairman and C.E.O.Tel: (416) 367-9292 • Fax: (416)
367-2711Email: info@seabridgegold.net
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