Seabridge Gold Files Year End Audited Financial Statements and MD&A

TORONTO, CANADA, Mar 31 (MARKET WIRE) --
Seabridge Gold (TSX VENTURE: SEA)(AMEX: SA) announced today that it has
filed its Audited Consolidated Financial Statements and its Management's
Discussion and Analysis for the year ended December 31, 2007 on SEDAR
(www.sedar.com). To review these documents on the Company website, please
see http://www.seabridgegold.net/2007-Q4.pdf.

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
Form 20-F filed with the U.S. Securities and Exchange Commission
(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.

TSX-V Exchange has not reviewed and does not
accept responsibility for the adequacy or accuracy of this release.

Contacts:
Seabridge Gold Inc.
Rudi P. Fronk
President and C.E.O.
(416) 367-9292
(416) 367-2711 (FAX)
Email: info@seabridgegold.net
Website: www.seabridgegold.net

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