CKB

Seabridge Gold Inc. ("Seabridge") (TSX:SEA)(NYSE:SA) announced that it has
acquired, on behalf of its wholly-owned subsidiary, Seabridge Gold Corporation,
1,671,000 common shares (the "Acquired Shares") of Calico Resources Corp.
("Calico") (TSX VENTURE:CKB) upon exercise of 1,671,000 Special Warrants of
Calico. 


The Acquired Shares represent 3.3% of the outstanding shares of Calico. In
total, Seabridge now owns and controls 10,104,000 common shares of Calico and
2,896,000 Special Warrants of Calico, representing 19.99% of the outstanding
common shares and 100% of the outstanding Special Warrants of Calico. Each
Special Warrant is exercisable to acquire one additional common share of Calico
(a "Special Warrant Share") for no additional consideration. The Special
Warrants can only be exercised to the extent that, after exercise, Seabridge
holds less than 20% of the outstanding shares of Calico. If Seabridge could and
did exercise the Special Warrants in full, it would hold 13,000,000 common
shares of Calico, representing 24.3% of Calico's outstanding shares. Seabridge
is not acting jointly or in concert with any person.


The Acquired Shares were issued in a private transaction. 

Seabridge intends to exercise its Special Warrants to the extent they become
exercisable from time to time. Seabridge does not presently intend to make
further investments in Calico. 


A copy of the related early warning report filed with the Ontario, British
Columbia and Alberta Securities Commissions may be obtained from the SEDAR
website (www.sedar.com) or by contacting Gloria Trujillo of Seabridge at (416)
367-9292.


About Seabridge Gold Inc. 

Seabridge holds a 100% interest in several North American gold 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 more information, visit www.seabridgegold.net. 


ON BEHALF OF THE BOARD 

Rudi Fronk, Chairman & CEO

FOR FURTHER INFORMATION PLEASE CONTACT: 
Seabridge Gold Inc.
Rudi P. Fronk
Chairman and CEO
(416) 367-9292
(416) 367-2711 (FAX)
info@seabridgegold.net
www.seabridgegold.net

Calico Resources Corp. (TSXV:CKB)
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Calico Resources Corp. (TSXV:CKB)
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