Seabridge’s Drill Results Continue to Outline New Gold-Copper Discovery

Seabridge Gold Inc. (TSX:SEA,NYSE:SA) announced further results from the drill program at its British Columbia-based KSM project, commenting that results from the Iron Cap Lower Zone “continue to outline a major new gold-copper discovery beneath Iron Cap.”

As quoted in the press release:

Data from eight new holes released today and seven holes announced previously (see news release of September 3, 2014) are expected to support an initial resource estimate for the Iron Cap Lower Zone scheduled for Q1, 2015.

Chairman and CEO Rudi Fronk commented:

[W]e are just beginning to define the size and shape of the Lower Zone at Iron Cap. Thus far, we have traced the deposit along a strike length of about 750 meters but the limits have not been found to the north and at depth. Drill grades are running higher than the average reserve grade for the Iron Cap zone found above. The highest grade areas are in the north, where IC-14-059 intersected a spectacular 592.7 meters averaging 1.14 grams per tonne of gold and 0.37% copper.

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