Tudor Gold (TSXV: TUD) is taking Seabridge Gold (TSX: SEA; NYSE: SA) and British Columbia’s Chief Gold Commissioner (CGC) to court over contested tunnels at its Treaty Creek project.
The Mitchell Treaty Tunnels (MTT) are a critical part of Seabridge’s KSM project, adjacent to Treaty Creek, in northwestern BC. KSM has a net present value (NPV) of $7.9 billion. The MTT is to feature two parallel tunnels that pass under 17 km of terrain for the tailings management facility access road.
Tudor says the tunnels impact its exploration plans, which include recent applications for underground work in the high-grade Supercell Cell One zone at Treaty Creek, which is still at the pre-preliminary assessment stage.
Tudor’s notice of appeal case, filed Monday with the BC Supreme Court, seeks to overturn the CGC’s September decision that dismissed Tudor’s application to rescind a ‘conditional mineral…
