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Seabridge Gold, Inc. (AMEX:SA) announced that it has filed its Second Quarter Financial Statements and Management's Discussion and Analysis for the three and six month periods ended June 30, 2011 on SEDAR. For the three month period ended June 30, 2011, the Company reported a net loss of $8.1 million or $0.20 per share compared to a net loss of $1.6 million or $0.04 per share in the comparable quarter of 2010. The $8.1 million loss in the second quarter of 2011 included a $7.1 million charge relating to stock based compensation and included the fair value expense on options that were granted in 2008 but did not vest until June 2011.The Company's working capital position, at June 30, 2011, was $58.1 million up from $32.0 million at the end of 2010. Cash and short-term deposits at June 30, 2011 totaled $60.7 million.

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