LOO

Tudor Gold Maintains Its Prior Rights as Mineral Tenure Owners

Retrieved on: 
Monday, November 20, 2023
Carbon, Maker, Seabridge Gold, KSM, Water, News, MTT, Letter, Ministry, Seabridge, LOO, License, Land Act, Communication, Gold, Mining

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

Key Points: 
  • Tudor Gold shall oppose any steps by Seabridge Gold Inc. in any way to interfere with the mineral tenures of Tudor Gold Corp.
  • As matters stand today, Seabridge Gold Inc. cannot construct the MTT Tunnels and to the extent Seabridge has been given authorization by the Licence of Occupation to enter onto the mineral tenures of Tudor Gold, those rights are expressly subject to the prior rights of Tudor Gold.
  • 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.