News	Highlights	Summary	Acquisition Agreement	Location and Climate	Land Status
Exploration History	Geology	Exploration by Seabridge	Gold Resources	Environmental/ Regulatory	Engineering Studies

UPDATED MAR-10-08

Developing Courageous Lake

43-101 Technical Report (Jan. 10-05)
(pdf - requires Adobe Acrobat)

News Releases

	2008
March 10 — Economic Assessment Completed for Seabridge Gold's Courageous Lake Project — Base Case Estimates 1l.6Year Mine Life with Average Annual Gold Production at 500,000 Ounces, Average Cash Operating Cost at US$435 per Ounce, and Initial Capital Costs of US$848 Million
	2007
February 28 — Seabridge Files 43-101 Report on Updated Gold Resource at Courageous Lake — Study Points to Significant Potential Increase in Projected Mine Life	February 5 — Seabridge Gold Study Improves Courageous Lake Economics — Results to be Incorporated into Updated Preliminary Assessment	January 9 — New Mineral Resource Estimate Completed for Seabridge Gold's Courageous Lake Project — Gold Resources Increase 14% at 0.83 Gram Cutoff. Updated Preliminary Economic Assessment Underway
	2006
October 10 — Seabridge Drilling Expands Courageous Lake Gold Deposit — Mineralization Found in Western Part of Projected Pit June 22 — Seabridge Gold Begins Summer Drill Program at Courageous Lake	June 21 — Seabridge Drilling Confirms Gold Zones North of FAT Deposit June 7 — Courageous Lake Drilling Encounters Gold Mineralization West of the FAT Deposit May 3 — Courageous Lake Drilling Yields Exceptional Assays — Results Expected to Improve Average Grade of FAT Deposit	February 16 — Seabridge Gold Commences Drilling at Courageous Lake — Four Rig Program Designed to Increase Resources, Expand Project Life February 7 — Seabridge Gold Mobilizes Drill Rigs for 15,000 Meter Program at Courageous Lake
2005 November 16 — Seabridge Gold Plans 15,000 Meter Drill Program for Courageous Lake — $3.1 Million Flow-Through Financing Arranged to Fund Activities October 7 — Seabridge Increases Gold Resources at Courageous Lake Project — Recent Study Warrants Lower Cut-off Grade for Resource Disclosure September 21 — Preliminary Assessment Completed For Seabridge Goldçs Courageous Lake Project July 23 — Seabridge Clarifies Earlier Release on Courageous Lake Drill Program Results July 18 — Seabridge Gold Drilling Finds 850 Meter Southern Extension of FAT Deposit Mineralized Zones May 31 — Seabridge Gold Discovers Northern Extension of FAT Deposit — New Drilling Adds at Least 400 Meters of Strike; Deposit Remains Open May 18 — New Structural Interpretation Points to Higher Grades at Seabridge Goldçs Courageous Lake Deposit February 10 — Seabridge Gold to Commence Drill Program at Courageous Lake — $2.1 Million Flow-Through Financing Arranged to Fund Activities January 11 — New 43-101 Technical Report on Seabridge Gold´s Courageous Lake Project Confirms Higher Grades and Increased Ounces of New Resource Model	2004 December 14 — Significant Resource Expansion at Seabridge Gold´s Courageous Lake Project August 5 — Seabridge Gold Drilling Expands FAT Deposit — New Higher Grade Southern Extension Confirmed Infill Drilling Suggests Improved Grade and Reliability of Inferred Resources. Engineering Study Rescheduled to Incorporate New Drill Results June 9 — Seabridge Gold Begins Drilling Courageous Lake Project March 4 — Seabridge Gold Receives Permits for Courageous Lake Drilling — 10,000 Metre Program to Test 4 Bulk Mineable Targets Commencing in June 2004 February 17 — Seabridge Gold Plans 10,000 Metre Drill Program in 2004 to Expand Courageous Lake Resource February 4 — Nine Gold Targets Confirm Potential for Expansion of Seabridges Courageous Lake Project January 15 — Seabridge Gold to Upgrade Courageous Lake Scoping Study January 8 — New Assays Enhance Search for Additional Gold Deposits at Seabridge´s Courageous Lake Project	2003 December 18 — Positive Metallurgical Report for Seabridge´s Courageous Lake Gold Project — New Test Results a Significant Step Towards Project Viability November 12 — New Assays Suggest Potential for Additional Gold Deposits at Seabridge´s Courageous Lake Project September 8 — Courageous Lake Exploration Program Defines 12 New Gold Targets — Potential for more “FAT” deposits along strike found in past drilling June 11 — Courageous Lake Gold Resource Increases by 32% — Recent Studies Warrant Lower Cut-off Grade for Resource Disclosure June 9 — Seabridge Initiates Courageous Lake Exploration Program — Equity Private Placement Raises $2.3 Million to Fund Program May 22 — Courageous Lake Gold-Sulphur Review Yields Encouraging Results April 10 — Preliminary Sensitivity Study Recommends Courageous Lake Scoping Study Advance to the Metallurgical Testing Phase