15,000 Meter Drill Program Begins at Seabridge Gold's KSM Project

Seabridge Gold (TSX VENTURE:SEA)(AMEX:SA) announced today that drilling has
commenced at its 100% owned Kerr-Sulphurets-Mitchell ("KSM") project, located
near Stewart, British Columbia, Canada. The 15,000 meter core drill program is
designed to improve the value of the asset by exploring for higher grade zones,
upgrading more of the remaining inferred mineral resources to the indicated
category and further expanding the Mitchell zone.


The key objectives of the 2008 program are as follows:

Objective #1: Upgrade to the indicated category, 231 million tonnes of inferred
mineral resources at the Mitchell zone containing 5.2 million ounces of gold and
760 million pounds of copper. The resulting Mitchell resource should be
sufficiently well-defined for a feasibility study and consequent reserve status.


Objective #2: Extend the Mitchell zone resource model down dip and to the north
to capture potential new resources with better than average Mitchell grade.
Approximately two-thirds of this new resource is expected to be in the indicated
category.


Objective #3: Explore the down-dip projection of the Sulphurets gold zone for a
potential higher-grade, bulk mineable underground zone.


Objective #4: Test the potential continuity of high-grade mineralization between
the Iron Cap and Mitchell zones and evaluate this potential as a bulk mineable
underground target.


The KSM project represents one of the world's largest undeveloped gold/copper
projects. The following table summarizes NI 43-101 compliant mineral resources
for all three zones at the KSM project using a 0.50 gram per tonne (g/t) gold
equivalent cutoff grade (see news releases dated January 10, 2008 and February
20, 2008 for details):




KSM Mineral Resource Estimates at 0.50 g/t Equivalent Gold Cutoff Grade

----------------------------------------------------------------------
----------------------------------------------------------------------
                         Indicated Mineral Resources
           -----------------------------------------------------------
Zone           Tonnes     Gold    Copper            Gold       Copper
                 (000)    (g/t)       (%)         Ounces       Pounds
                                                    (000)   (millions)
----------------------------------------------------------------------
Mitchell      734,163     0.69      0.18          16,287        2,913
----------------------------------------------------------------------
Kerr          206,272     0.25      0.45           1,651        2,037
----------------------------------------------------------------------
Sulphurets     74,655     0.75      0.24           1,798          388
----------------------------------------------------------------------
----------------------------------------------------------------------
Total       1,015,090     0.61      0.24          19,736        5,338
----------------------------------------------------------------------

----------------------------------------------------------------------
----------------------------------------------------------------------
                         Inferred Mineral Resources
           -----------------------------------------------------------
Zone           Tonnes     Gold    Copper            Gold       Copper
                 (000)    (g/t)       (%)         Ounces       Pounds
                                                    (000)   (millions)
----------------------------------------------------------------------
Mitchell      667,421     0.62      0.15          13,304        2,206
----------------------------------------------------------------------
Kerr           51,387     0.21      0.45             352          506
----------------------------------------------------------------------
Sulphurets     33,636     0.62      0.20             675          147
----------------------------------------------------------------------
----------------------------------------------------------------------
Total         752,444     0.59      0.18          14,331        2,859
----------------------------------------------------------------------



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.
(TSXV:KSM)
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