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Gold/Mining/Energy : Golden Triangle
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From: klinker12/12/2012 11:38:27 AM
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Seabridge Gold Plans $15M Drill Campaign Targeting High-Grade at KSMProgram to Focus on Resource Estimate at Deep Kerr Core Zone Discovery Three More Prospective High-Grade Core Zones Also Targeted in Next Year's Program Press Release: Seabridge Gold Inc. – 4 hours ago

, CANADA--(Marketwire - Dec. 12, 2012) -Seabridge Gold (TSX:SEA)(NYSE:SA) today reported final results from its 2012 drill program designed to search for high-grade core zones underlying its very large KSM gold-copper project. The remaining hole at Deep Kerr provides strong confirmation that the Deep Kerr discovery has the potential for a very large tonnage of high-grade copper and gold mineralization; the hole reported long runs of elevated copper including 22 meters of 0.98%. Drilling also found three more targets with favorable markers characteristic of core zones (see attached map at media3.marketwire.com. The $15 million 2013 drill program to pursue these targets is expected to begin in June, 2013.

World-class gold-copper porphyry districts such as KSM customarily consist of deeper, magmatic source ores linked upwards through transitional porphyries and skarn zones hosted by shallow intrusions, volcanic and sedimentary rocks to vein systems often characterized as epithermal deposits. The six deposits in the area of KSM demonstrate this vertical evolutionary architecture. All four porphyry zones at KSM where reserves have been defined are open at depth and exhibit the alteration mineralogy and textural indicators that suggest links to a deeper source.

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