SEA.TO · 2017-11-09 12:00:00

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

Financials

Seabridge Gold Files Third Quarter Report to Shareholders and its Financial

Statements and MD&A

TORONTO, Nov. 09, 2017 -- Seabridge Gold (TSX:SEA) (NYSE:SA) reported today that it has filed its Report to Shareholders,

Financial Statements and Management’s Discussion and Analysis for the three and nine months ended September 30, 2017

on SEDAR (www.sedar.com). To view the Report on the Company’s website, please

see: www.seabridgegold.net/sharefinrep.php.

Recent Highlights

• Drilling at Iron Cap confirms major extension of deposit with some of the best grades to date at KSM

• Iskut exploration program completed; results expected shortly

• Residual interest in KSP project sold to Colorado Resources for cash, shares and NSR

During the three month period ended September 30, 2017 Seabridge posted a net loss of $1.5 million ($0.3 per share)

compared to a loss of $0.3 million ($0.01 per share) for the same period last year. During the 3 rd quarter, Seabridge invested

$10.8 million in mineral interests, primarily at KSM and Iskut, compared to $10.5 million during the same period last year. At

September 30, 2017, net working capital was $23.0 million compared to $7.3 million at December 31, 2016.

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 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 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 & C.E.O.

For further information please contact:

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

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