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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: LoneClone who wrote (78079)11/22/2023 7:06:56 AM
From: Clark Kent  Read Replies (1) of 78403
 
Ken Konkin, P. Geo., President & CEO of Tudor Gold Corp. comments: “Tudor Gold will not allow Seabridge Gold to destroy Tudor Gold’s newly discovered resource to allow access for the MTT tunnels across Tudor Gold mineral claims.

As provided for in the Licence of Occupation of Seabridge Gold, that Licence is subject to the prior rights of Tudor Gold to it mineral tenures. We will however assist Seabridge Gold to find a solution to this issue that they have created.

All options that may be submitted by Seabridge Gold to Tudor Gold to resolve this problem of their MTT Tunnels, will be carefully reviewed as we intend to advance our project to mine status.”

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

As a result of the applications made by Tudor Gold Corp. the Ministry of EMLCI and the Ministry of Water, Land and Resource Stewardship have clarified and stated their positions to be:

  • Seabridge does not have a permit to construct the MTT Tunnels.
  • Seabridge does not have a right of way for the MTT Tunnels and Seabridge has never applied for a right of way for the MTT Tunnels.
  • The Licence of Occupation that Seabridge Gold Inc. does have is expressly "subject to the prior mineral rights held by Tudor".
Tudor Gold shall oppose any application by Seabridge Gold to construct the MTT Tunnels.

Tudor Gold shall oppose any steps by Seabridge Gold Inc. in any way to interfere with the mineral tenures of Tudor Gold Corp.

It can be said for certain, that Seabridge Gold Inc. has no right to construct the MTT Tunnels.

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