BRITISH COLUMBIA – Seabridge Gold of Toronto says it has received initial results from its 2014 drill program, results that lead it to believe the Deep Kerr deposit extends even farther that previously thought. The company reported that hole 39 stepped out 140 metres to the north returned 0.69% Cu and 0.55 g/t Au over 252 metres. Hole 40 retested the southern limit of the deposit, and Seabridge is predicting that it extends even further at depth.
The Kerr Deep deposit is only the latest discovery at Seabridge's KSM project 65 km northwest of Stewart. It has an inferred resource of 515 million tonnes grading 0.53% Cu and 0.36 g/t Au. The deposit remains open on strike and at depth.
The best assay from the 2014 program came from a section of hole 28C that returned 1.15% Cu and 0.84 g/t Au over 79.4 metres beginning 900 metres below the surface.
The most recent prefeasibility study for the KSM project is available at SeabridgeGold.com.