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TICKERS: SEA; SA

Resource Explorer Commences Drilling at Northern Nevada Project
News Update

Source:

The Canadian company is testing for the presence of Getchell-style, high-grade gold there.

Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) began drilling at its Snowstorm project in Northern Nevada, it announced in a news release.

Drilling over 7,000 meters will be done, first reverse circulation drilling to the Paleozoic surface then diamond core drilling to target depths. The purpose is to test for Getchell-style, high-grade gold on trend with the Turquoise Ridge mine, located 15 kilometers southwest of Snowstorm. As such, Seabridge will test seven to 10 intersecting structural and stratigraphic targets.

Drill data gained from this campaign will help the company further define targets for subsequent exploration work, including additional geophysical surveys and drilling, guiding it toward areas with significant discovery potential.

Rudi Fronk, chairman and CEO of Seabridge Gold, stated, "We are very excited to begin drilling Snowstorm. Our team has systematically employed multiple disciplines to confirm many of the identifying features required for the emplacement of a Getchell-style gold deposit. Our next step is to generate drill data that will enable us to vector towards areas with potential for a significant discovery. We are confident the stratigraphic setting is right and we can observe the effects of hydrothermal fluids consistent with Getchell-style gold deposits. Our focus now is to drill structural/stratigraphic intersections where these features come together."

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Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Seabridge Gold. Click here for important disclosures about sponsor fees.
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