Mr. Rudi Fronk reports

SEABRIDGE GOLD DRILL RESULTS EXPANDING PROSPECTIVE DEEP KERR MINE PLAN

Seabridge Gold Inc.'s results from the first two core holes drilled this year into the Deep Kerr deposit are, as planned, likely to allow for an increase in the potential mining rate from the proposed block cave shapes designed to exploit the deposit cost-effectively from underground. The new holes are expected to expand the known resource to the south, confirming grades consistent with the deposit's inferred resource, in the shape and orientation required to optimize the proposed mine plan at a higher throughput.

The Deep Kerr deposit, located on Seabridge's 100-per-cent-owned KSM project in northwestern British Columbia, contains an inferred resource of 1.01 billion tonnes grading 0.53 per cent copper and 0.35 gram per tonne gold (11.3 million ounces of gold and 11.8 billion pounds of copper). In the three years since its discovery, Deep Kerr has taken its place among the world's largest undeveloped gold-copper deposits.

The first two holes drilled this year have confirmed continuity of mineralization in Deep Kerr over considerable distances south of the existing resource. K-16-51, located about 125 metres south of the current resource limits, intersected multiple zones including 119 m averaging 0.44 g/t gold and 0.45 per cent copper, and an additional 187 m averaging 0.33 g/t gold and 0.46 per cent copper. K-16-52 intercepted 231 m grading 0.31 g/t gold and 0.47 per cent copper about 500 m laterally to the south of K-16-51. K-16-51 and K-16-52 both intersected the mineralized zone about 150 to 250 m below the existing resource.

Seabridge chairman and chief executive officer Rudi Fronk commented: "This year's drill program has been carefully designed to expand and optimize the prospective mine plan at Deep Kerr and thereby improve the KSM project's potential economics. The mineralized intervals in these first two holes are effectively orientated for efficient extraction. The drill results should also contribute another meaningful increase to the Deep Kerr inferred resource. Over all, Deep Kerr is once again demonstrating that it has very few equals for size and grade."

K-16-51 and K-16-52 have been re-entered for so-called daughter holes which use the upper part of the original hole before being wedged into new intercepts of the target zone. The daughter holes are targeted to fill in the gaps along strike from the original drill holes.

Over the past three years, Seabridge's exploration programs have successfully targeted higher-grade zones beneath KSM's near-surface porphyry deposits, resulting in the discovery of Deep Kerr and the Iron Cap Lower zone, two copper-rich deposits that have added more than one billion tonnes of inferred resources to the project at a higher average grade.

The table summarizes the drill hole intersections for K-16-51 and K-16-52.

 
                                  KSM DRILL RESULTS

Drill hole         From          To        Interval     Gold     Copper    Silver
                     (m)         (m)             (m)    (g/t)        (%)     (g/t)

K-16-51(*)        928.6     1,047.7           119.1     0.44       0.45       2.6
                1,067.7     1,090.2            22.5     0.51       0.49       4.1
                1,137.8     1,174.7            36.9     0.51       0.43       1.2
                1,291.4     1,478.6           187.2     0.33       0.46       2.0
including       1,292.9     1,337.4            44.5     0.46       0.67       1.1
K-16-52         1,192.3     1,423.5           231.2     0.31       0.47       1.8
including       1,266.5     1,314.3            47.8     0.63       0.50       2.6
including       1,360.2     1,421.9            61.7     0.26       0.78       2.0

* There was no core recovery from 1,047.7 to 1,067.7 m due to technical 
difficulties encountered during drilling.

Drill holes were oriented using historical information and were designed to intercept the mineralized target at right angles to the strike of the zone. The orientation will be refined with additional drilling but current information indicates the intervals listed in the table approximate the true thickness of the mineralized zones.

Exploration activities by Seabridge at the KSM project are conducted under the supervision of William E. Threlkeld, registered professional geologist, senior vice-president of the company, a qualified person as defined by National Instrument 43-101. Mr. Threlkeld has reviewed and approved this news release. A continuing and rigorous quality control/quality assurance protocol is employed in all Seabridge drilling campaigns. This program includes blank and reference standards, and in addition all copper assays that exceed 0.25 per cent Cu are reanalyzed using ore-grade analytical techniques. Cross-check analyses are conducted at a second external laboratory on at least 10 per cent of the drill samples. Samples are assayed at ALS Chemex Laboratory, Vancouver, B.C., using fire assay atomic adsorption methods for gold and ICP methods for other elements.

Seabridge holds a 100-per-cent interest in several North American gold projects. The company's principal assets are the KSM project and Iskut project located near Stewart, B.C., Canada, and the Courageous Lake gold project located in Canada's Northwest Territories. For a full breakdown of Seabridge's mineral reserves and mineral resources by category please visit the company's website.

All reserve and resource estimates reported by the corporation were calculated in accordance with National Instrument 43-101 and the Canadian Institute of Mining, Metallurgy and Petroleum 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.

We seek Safe Harbor.