TORONTO, March 28, 2014 /CNW/ - Seabridge Gold announced today that it
has filed its Audited Consolidated Financial Statements and its
Management's Discussion and Analysis for the year ended December 31,
2013 on SEDAR (www.sedar.com). To review these documents on the Company website, please see http://www.seabridgegold.net/sharefinrep.php.
The Company's principal assets are the 100% owned KSM property located
near Stewart, British Columbia, Canada and the 100% owned Courageous
Lake gold project located in Canada's Northwest Territories. For a
breakdown of Seabridge's mineral resources by project and resource
category please visit the Company's website at http://www.seabridgegold.net/resources.php.
All 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.
Statements relating to the estimated or expected future production and
operating results and costs and financial condition of Seabridge,
planned work at the Corporation's projects and the expected results of
such work are forward-looking statements within the meaning of the
United States Private Securities Litigation Reform Act of 1995.
Forward-looking statements are statements that are not historical facts
and are generally, but not always, identified by words such as the
following: expects, plans, anticipates, believes, intends, estimates,
projects, assumes, potential and similar expressions. Forward-looking
statements also include reference to events or conditions that will,
would, may, could or should occur. Information concerning exploration
results and mineral reserve and resource estimates may also be deemed
to be forward-looking statements, as it constitutes a prediction of
what might be found to be present when and if a project is actually
developed. These forward-looking statements are necessarily based upon
a number of estimates and assumptions that, while considered reasonable
at the time they are made, are inherently subject to a variety of risks
and uncertainties which could cause actual events or results to differ
materially from those reflected in the forward-looking statements,
including, without limitation: uncertainties related to raising
sufficient financing to fund the planned work in a timely manner and on
acceptable terms; changes in planned work resulting from logistical,
technical or other factors; the possibility that results of work will
not fulfill projections/expectations and realize the perceived
potential of the Corporation's projects; uncertainties involved in the
interpretation of drilling results and other tests and the estimation
of gold reserves and resources; risk of accidents, equipment breakdowns
and labour disputes or other unanticipated difficulties or
interruptions; the possibility of environmental issues at the
Corporation's projects; the possibility of cost overruns or
unanticipated expenses in work programs; the need to obtain permits and
comply with environmental laws and regulations and other government
requirements; fluctuations in the price of gold and other risks and
uncertainties, including those described in the Corporation's December
31, 2012 Annual Information Form filed with SEDAR in Canada (available
at www.sedar.com) and the Corporation's Annual Report Form 40-F filed with the U.S.
Securities and Exchange Commission on EDGAR (available at www.sec.gov/edgar.shtml). Forward-looking statements are based on the beliefs, estimates and
opinions of the Corporation's management or its independent
professional consultants on the date the statements are made.
ON BEHALF OF THE BOARD
Chairman and C.E.O.
SOURCE: Seabridge Gold Inc.
For further information:
Rudi P. Fronk, Chairman and C.E.O.
Tel: (416) 367-9292 • Fax: (416) 367-2711