Seabridge Gold is designed to provide its shareholders with maximum leverage to a rising gold price. Over the past several years, when the gold price was low, Seabridge acquired eight projects with substantial gold resources, all in North America, including the multi-million ounce Courageous Lake deposit (see resource table). As the gold price has risen, Seabridge has acquired more than 25 high grade gold exploration projects in Nevada. Our aim is to continue adding gold resources through further acquisitions and exploration funded largely by partners.