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Seabridge Gold Files Second Quarter Report to Shareholders and its Financial Statements and MD&A

Press Release -13th August 2014

Toronto, Canada…Seabridge Gold reported today that it has filed its Report to Shareholders, Financial Statements and Management’s Discussion and Analysis for the three and six months ended June 30, 2014 on SEDAR (www.sedar.com).

Quarterly and Recent Highlights

  • KSM’s Environmental Assessment Application approved by British Columbia
  • 2014 drill program underway at KSM – focused on extending Deep Kerr and discovery of additional core targets
  • Agreements signed with Nisga’a Nation and Gitanyow Wilps regarding KSM Project
  • $13.8 million flow through financing completed

During the three month period ended June 30, 2014 Seabridge posted a net loss of $3.8 million ($0.08 per share) compared to a loss of $5.7 million ($0.13 per share) for the same period last year. During the 2nd quarter, Seabridge invested $6.3 million in mineral interests, primarily at KSM and Courageous Lake, compared to $8.2 million during the same period last year. At June 30, 2014, net working capital was $18.7 million compared to $30.2 million at December 31, 2013.

To view the Report to Shareholders, financial statements and management’s discussion and analysis for the three and nine months ended June 30, 2014 on the Company’s website, please see: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 www.seabridgegold.net/resources.php.

ON BEHALF OF THE BOARD

“Rudi Fronk”
Chairman and CEO

Rudi P. Fronk, Chairman and CEO
Tel: (416) 367-9292 · Fax: (416) 367-2711
Email: [email protected]

NT3

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