Seabridge Releases Initial Results from Drilling at Deep Kerr Deposit

Seabridge Gold Inc. (TSX:SEA,NYSE:SA) announced initial results from the 2014 drill program on the Deep Kerr copper-gold deposit at its British Columbia-based KSM project.

As quoted in the press release:

The 2013 Deep Kerr discovery reported an inferred resource of 515MT grading 0.53% copper and 0.36 g/T gold which is open on strike and at depth. Drilling this season at Deep Kerr was designed to confirm the resource model and test for the limits of the deposit along strike. Results from the first three holes at Deep Kerr have successfully addressed these objectives; a step-out hole to the north has confirmed the north strike extension and deeper drilling on the south indicates potential strike extension in that direction while a third infill hole has returned results validating the resource block model.

Rudi Fronk, chairman and CEO of Seabridge, commented:

[T]hese results should enable us to grow the Deep Kerr resource which we believe is one of the keys to joint venturing KSM. Drilling continues on the Deep Kerr expansion, as well as on building an initial resource for this year’s discovery at the Iron Cap Lower Zone and testing additional higher grade core zone targets. Approximately 24 holes will be drilled this year. Thus far, results have only been released for five holes. We think the best is yet to come.

Click here to read the full Seabridge Gold Inc. (TSX:SEA,NYSE:SA) press release.