Seabridge Gold closes in on second high-grade core zone discovery at KSM

Drilling beneath iron cap deposit yields 207 meters grading 1.22 g per T gold and 0.45% copper.

Toronto (Canada), August 20, 2013 – Seabridge Gold today announced that results from the first three holes testing for a high-grade core zone below the Iron Cap deposit on its 100%-owned KSM project have found strong evidence to support the potential for a major discovery. Further drilling on this target is planned for next month. On August 12, 2013, Seabridge announced that it had discovered, and is now intensively drilling, a large core zone below the Kerr deposit, named the Deep Kerr. Drilling at Deep Kerr to date has generated wide intercepts containing approximately twice the per tonne metal value of KSM’s proven and probable reserve. Continue reading…