COPPER/GOLD – Seabridge Gold April 9 reported that its 2014 19,000-meter core drill program at the KSM Project in northwestern British Columbia will focus on expanding last year’s Deep Kerr core zone discovery and following up on strong evidence supporting a potential second core zone discovery at Iron Cap. The 2013 program at KSM concentrated on finding a higher grade core zone beneath the Kerr deposit. This program resulted in the discovery of Deep Kerr and culminated in an initial inferred resource estimate at Deep Kerr totaling 515 million metric tons grading 0.53 percent copper and 0.36 grams per metric ton gold – the highest combined metal values found to date at KSM. Last year’s program also found more evidence of a possible second higher grade core zone beneath the Iron Cap deposit. KSM hosts multiple deposits containing one of the largest undeveloped gold and copper reserves in the world. Its composite intrusive complex hosts four known, large gold-copper porphyry deposits with vertical continuity down to near-magmatic bornite-bearing core zones and upward through voluminous mineralized stock works into near surface epithermal vein deposits. In 2012, Seabridge concluded that the entire sequence of zones likely existed intact on its claims, leading to a concentrated search for core zones below the known porphyry deposits. Core zones typically represent deposits formed under higher temperature and pressure conditions, resulting in a mineralogical character usually associated with significantly higher metal content. Seabridge Chairman and CEO Rudi Fronk commented, “The Deep Kerr core zone discovery in 2013 confirmed our thinking about KSM, that movement along the various faults has not been enough to displace the core zones beyond our reach. Our success at Deep Kerr also has taught us how to look for more of these zones. Our first priority remains Deep Kerr, where we believe there is much more to come. We are confident that we can significantly increase the size of the Deep Kerr resource while also potentially improving its average grade. We also think we can find more core, and that is our second priority for this year’s program.” Fronk also said Iron Cap is especially well-located for a second core zone discovery; it is the closest deposit to proposed infrastructure, and mine plans already assume that it will be exploited from underground using block cave methods. The Deep Kerr drill program envisions completing between eight and 12 core drill holes along the strike of Deep Kerr to the north. Directional drilling will again be employed in an effort to minimize the time required to advance a drill intersection through the target zone. It is also anticipated some drilling will be directed to evaluating the depth limits of the deposit. Work programs will begin in May with drilling expected to start by early June.