TORONTO, CANADA--(Marketwire - May 8, 2008) -
Seabridge Gold Inc. (TSX VENTURE:SEA)(AMEX:SA) announced today that it
has filed its First Quarter Financial Statements, and Management's
Discussion and Analysis for the period ended March 31, 2008 on SEDAR. To
review these documents, please see http://www.seabridgegold.net/2008-Q1.pdf.
Seabridge has acquired a 100% interest in several North American gold
resource projects. For a breakdown of the Company's mineral resources
by project and resource category please visit the Company's website at http://www.seabridgegold.net/Resource.htm.
All resource estimates reported by the Company were calculated in
accordance with the Canadian National Instrument 43-101 and the
Canadian Institute of Mining and Metallurgy Classification system.
These standards differ significantly from the requirements of the U.S.
Securities and Exchange Commission. Mineral resources which are not
mineral reserves do not have demonstrated economic viability.
Statements relating to the estimated or expected future production and
operating results and costs and financial condition of Seabridge,
planned work at the Company's projects and the expected results of such
work are forward-looking statements within the meaning of the United
States Private Securities Litigation Reform Act of 1995.
Forward-looking statements are statements that are not historical facts
and are generally, but not always, identified by words such as the
following: expects, plans, anticipates, believes, intends, estimates,
projects, assumes, potential and similar expressions. Forward-looking
statements also include reference to events or conditions that will,
would, may, could or should occur. Information concerning exploration
results and mineral reserve and resource estimates may also be deemed
to be forward-looking statements, as it constitutes a prediction of
what might be found to be present when and if a project is actually
developed. These forward-looking statements are necessarily based upon
a number of estimates and assumptions that, while considered reasonable
at the time they are made, are inherently subject to a variety of risks
and uncertainties which could cause actual events or results to differ
materially from those reflected in the forward-looking statements,
including, without limitation: uncertainties related to raising
sufficient financing to fund the planned work in a timely manner and on
acceptable terms; changes in planned work resulting from logistical,
technical or other factors; the possibility that results of work will
not fulfill projections/expectations and realize the perceived
potential of the Company's projects; uncertainties involved in the
interpretation of drilling results and other tests and the estimation
of gold reserves and resources; risk of accidents, equipment breakdowns
and labour disputes or other unanticipated difficulties or
interruptions; the possibility of environmental issues at the Company's
projects; the possibility of cost overruns or unanticipated expenses in
work programs; the need to obtain permits and comply with environmental
laws and regulations and other government requirements; fluctuations in
the price of gold and other risks and uncertainties, including those
described in the Company's Annual Information Form filed with SEDAR in
Canada (available at www.sedar.com)
for the year ended December 31, 2007 and in the Company's Annual Report
on Form 20-F filed with the U.S. Securities and Exchange Commission on
EDGAR (available at www.sec.gov/edgar.shtml).
Forward-looking statements are based on the beliefs, estimates and
opinions of the Company's management or its independent professional
consultants on the date the statements are made.
ON BEHALF OF THE BOARD
Rudi Fronk, President & C.E.O.
The TSX-V Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release.
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