Seabridge Winter Program Prepares Site For Year-Round Camp at KSM
March 14 2018 - 7:30AM
Seabridge Gold Inc (TSX:SEA)(NYSE:SA) announced
today that preparatory work has started on the site of a permanent
year-round camp at its 100%-owned KSM Project to support ongoing
exploration and to facilitate prompt commencement of the much
larger work programs required to advance the development of the
project once a joint venture partner is obtained.
Small scale logging began this week to prepare
the site. Approximately nine hectares of timber in the Mitchell
Valley will be cleared to prepare for the future installation of
the camp, laydown area, helipad and water treatment plant. The
winter logging program includes hand-felling, bucking, and stacking
of timber and brush. This work will be conducted under previously
acquired permits to support ongoing exploration activities at the
Project site. The cutting contract was awarded to a local company
based in Terrace, B.C.
Seabridge Gold holds a 100% interest in several
North American gold resource projects. The Company’s principal
assets are the KSM and Iskut properties 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 resources by project and category
please visit the Company’s website at
http://www.seabridgegold.net/resources.php.
Neither the Toronto Stock Exchange, New
York Stock Exchange, nor their Regulation Services Providers
accepts responsibility for the adequacy or accuracy of this
release.
All reserve and 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.
This news release includes certain
forward-looking statements or information. All statements other
than statements of historical fact included in this release,
including, without limitation, statements regarding mineral
reserves and resources of the Company are forward-looking
statements that involve various risks and uncertainties. There can
be no assurance that such statements will prove to be accurate and
actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause
actual results to differ materially from the Company's plans or
expectations include regulatory issues, market prices, availability
of capital and financing, general economic, market or business
conditions, timeliness of government or regulatory approvals and
other risks detailed herein and from time to time in the filings
made by the Company with securities regulators. The Company
disclaims any intention or obligation to update or revise any
forward-looking statements whether as a result of new information,
future events or otherwise except as otherwise required by
applicable securities legislation.
ON BEHALF OF THE BOARD"Rudi Fronk" Chairman
& 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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