Canadian Government Issues Key Authorization for KSM’s Tailings Management Facility

Canadian Government Issues Key Authorization for KSM’s

Tailings Management Facility

TORONTO, June 27, 2017 (GLOBE NEWSWIRE) -- Seabridge Gold Inc. (TSX:SEA) (NYSE:SA) announced

today that the Government of Canada has issued a regulatory amendment to Schedule 2 of the Metal

Mining Effluent Regulations (MMER) under the Fisheries Act for Seabridge ’s KSM Project located in

northwestern British Columbia. The amendment authorizes certain natural water bodies frequented by fish

for use in a Tailings Management Facility (TMF).

The regulatory amendment, which required a change in Canadian law, approves the construction of KSM ’s

TMF subject to strict bonding and fishery habit compensation requirements which were identified during the

three year amendment review process. In the KSM Project design, the TMF is located in the upper

tributaries of Teigen and Treaty Creeks which form part of the Nass River drainage. The TMF will store the

Project’s ore-processing by-products in order to minimize environmental impacts downstream.

Seabridge Gold Chairman and CEO Rudi Fronk commented: “Receipt of this amendment represents a

significant permitting milestone for KSM, equivalent in many ways to our receipt of environmental

assessment approvals from the Provincial and Federal Governments in 2014. This approval further

validates that KSM’s TMF is well-designed and environmentally responsible, ” Fronk said.

“I am grateful to the Government of Canada for its support and I would like to express our appreciation and

thanks to the Minister of Environment and Climate Change Canada and her technical team for reviewing

and approving our regulatory amendment application. I would also like to acknowledge the Nis ga’a and the

Tahltan Nations, the Gitanyow First Nation and other government regulators whose thoughtful input further

strengthened our TMF design and ultimately contributed to the successful conclusion of this significant

amendment review process.” 

Seabridge Gold holds a 100% interest in several North American gold resource projects. The Company ’s

principal assets are the KSM and Iskut properties 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 at

http://www.seabridgegold.net/resources.php .

Neither the Toronto Stock Exchange, New York Stock Exchange, nor their Regulation Services

Providers accepts responsibility for the adequacy or accuracy of this release.

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.

This news release includes certain forward -looking statements or information. All statements

other than statements of historical fact included in this release, including, without limitation,

statements regarding mineral reserves and resources of the Company and the potential

economic benefits of the Project are forward -looking statements that involve various risks and

uncertainties. There can be no assurance that such statements will prove to be accurate and

actual results and future events could differ materially from those anticipated in such

statements. Important factors that could cause actual results to differ materially from the

Company's plans or expectations include regulatory issues, market prices, availability of capital

and financing, general economic, market or business conditions, timeliness of government or

regulatory approvals and other risks detailed herein and from time to time in the filings made by

the Company with securities regulators. The Company disclaims any intention or obligation to

update or revise any forward -looking statements whether as a result of new information, future

events or otherwise except as otherwise required by applicable securities legislation.

ON BEHALF OF THE BOARD

"Rudi Fronk"

Chairman & C.E.O.

For further information, please contact:

Rudi P. Fronk, Chairman and C.E.O.

Tel: (416) 367-9292 • Fax: (416) 367-2711

Email: [email protected]