Gitxsan Nation Expresses Support for Seabridge Gold's KSM Project
TORONTO, ONTARIO -- (Marketwired) -- 09/23/13 -- Seabridge Gold
(TSX:SEA)(NYSE:SA) announced today that its KSM Project in
Northwestern British Columbia has been endorsed by the Gitxsan
Nation, a First Nation and participant in the Working Group now
reviewing Seabridge's application for an Environmental Assessment
Certificate. In a letter addressed to the British Columbia
Environmental Assessment Office dated September 4, 2013 the Gitxsan
Treaty Society, representing the Gitxsan Hereditary Chiefs, has
expressed its "support of Seabridge Gold's KSM Project".
In their letter of endorsement for environmental assessment approval,
the Gitxsan Hereditary Chiefs state: "In our dealings with Seabridge
Gold representatives, we have found them to be open, honest and
transparent. Over the last five years, they have gone out of their
way to visit with us and to explain the project and its impact on us.
It is clear to us that Seabridge is committed to the community, to
First Nations and to the Gitxsan people. We believe the KSM project
will bring jobs and economic benefits to our people and communities,
for the life of the mine and beyond. Please consider our support and
the positive economic impact this project would have on our people
when making your project approval decision." (see:
www.seabridgegold.net/Gitxsan_letter.pdf for a copy of the letter)
The KSM Project is undergoing a joint harmonized environmental
assessment review as outlined by the British Columbia Environmental
Assessment Act and the Canadian Environmental Assessment Act.
Seabridge Gold Chairman and CEO Rudi Fronk said "we are gratified to
receive this expression of support which we regard as an important
step forward for the KSM project. We have a deep respect for the
culture and traditions of the Gitxsan people and we have appreciated
the opportunity to learn from their values and their relationship to
their environment. The representatives of the Gitxsan people have
made a valuable contribution to the design of the KSM project and we
look forward to their continuing advice and participation as the
project moves forward. We are very conscious of our responsibility to
ensure that the development of KSM is of direct economic benefit to
the Gitxsan, other indigenous peoples and communities in northwestern
British Columbia for many generations to come."
Seabridge holds a 100% interest in several North American gold
resource projects. The Company's principal assets are the KSM
property located near Stewart, British Columbia, Canada and the
Courageous Lake gold project located in Canada's Northwest
Territories. For a breakdown of Seabridge's mineral reserves and
resources by project and category please visit the Company's website
All reserve and resource estimates reported by the Corporation 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.
ON BEHALF OF THE BOARD
Rudi Fronk, Chairman and CEO
Seabridge Gold Inc.
Rudi P. Fronk
Chairman and CEO
(416) 367-2711 (FAX)
Press spacebar to pause and continue. Press esc to stop.