Tudor Gold Corp. Retains Outside Counsel to Dispute the Seabridge Gold Inc. (KSM Mining ULC) Licence of Occupation and Other Mitchell Treaty Creek Tunnel Permits
Tudor Gold Corp (TSXV: TUD) has announced the retention of specialized outside counsel to challenge the Licence of Occupation issued to KSM Mining ULC (a Seabridge Gold Inc. subsidiary) in September 2024. The legal action aims to protect Tudor's mineral tenure rights from potential interference by Seabridge's proposed MTT Tunnel project.
The company's legal team will pursue all available remedies to maintain Tudor Gold's unimpeded access to its mineral tenures and contest any permits that could adversely affect Tudor's interests. The legal proceedings will be conducted with urgency and due diligence.
Tudor Gold Corp (TSXV: TUD) ha annunciato il conferimento di un legale esterno specializzato per contestare la Licenza di Occupazione emessa a KSM Mining ULC (una filiale di Seabridge Gold Inc.) nel settembre 2024. L'azione legale ha l'obiettivo di proteggere i diritti minerari di Tudor da possibili interferenze da parte del progetto MTT Tunnel proposto da Seabridge.
Il team legale dell'azienda perseguirà tutte le vie legali disponibili per mantenere l'accesso ininterrotto di Tudor Gold alle sue concessioni minerarie e contesterà eventuali permessi che potrebbero avere ripercussioni negative sugli interessi di Tudor. Le procedure legali saranno intraprese con urgenza e diligenza.
Tudor Gold Corp (TSXV: TUD) ha anunciado la retención de un abogado externo especializado para impugnar la Licencia de Ocupación otorgada a KSM Mining ULC (una subsidiaria de Seabridge Gold Inc.) en septiembre de 2024. La acción legal tiene como objetivo proteger los derechos mineros de Tudor de posibles interferencias por parte del proyecto de túnel MTT propuesto por Seabridge.
El equipo legal de la empresa buscará todos los recursos disponibles para mantener el acceso sin obstáculos de Tudor Gold a sus concesiones mineras y impugnará cualquier permiso que pueda afectar negativamente los intereses de Tudor. Los procedimientos legales se llevarán a cabo con urgencia y diligencia debida.
튜더 골드 Corp (TSXV: TUD)는 2024년 9월에 발행된 KSM Mining ULC(Seabridge Gold Inc.의 자회사)에 대한 점유 허가에 이의를 제기하기 위해 외부 전문 법률 counsel을 고용했다고 발표했습니다. 이번 법적 조치는 Seabridge의 제안된 MTT 터널 프로젝트로 인한 튜더의 광물 권리 보호를 목표로 합니다.
회사의 법률 팀은 튜더 골드의 광물 권리에 대한 방해 없이 접근할 수 있도록 모든 가능한 구제책을 추구하고, 튜더의 이익에 부정적인 영향을 줄 수 있는 모든 허가에 대해 이의를 제기할 것입니다. 법적 절차는 긴급성과 주의 의무를 가지고 진행될 것입니다.
Tudor Gold Corp (TSXV: TUD) a annoncé la rétention d'un avocat spécialisé externe pour contester la Licence d'Occupation accordée à KSM Mining ULC (une filiale de Seabridge Gold Inc.) en septembre 2024. L'action juridique vise à protéger les droits miniers de Tudor contre d'éventuelles interférences du projet de tunnel MTT proposé par Seabridge.
L'équipe juridique de l'entreprise poursuivra tous les recours disponibles pour maintenir l'accès sans entrave de Tudor Gold à ses concessions minières et contestera tous les permis pouvant nuire aux intérêts de Tudor. Les procédures légales seront menées avec urgence et diligence.
Tudor Gold Corp (TSXV: TUD) hat die Beauftragung eines spezialisierten externen Rechtsberaters angekündigt, um die im September 2024 erteilte Besetzungslizenz an KSM Mining ULC (eine Tochtergesellschaft von Seabridge Gold Inc.) anzufechten. Die rechtlichen Schritte zielen darauf ab, die mineralrechtlichen Ansprüche von Tudor vor möglichen Eingriffen des von Seabridge vorgeschlagenen MTT-Tunnelprojekts zu schützen.
Das rechtliche Team des Unternehmens wird alle verfügbaren Rechtsmittel ergreifen, um den ungehinderten Zugang von Tudor Gold zu seinen Mineralrechten aufrechtzuerhalten und gegen alle Genehmigungen vorzugehen, die die Interessen von Tudor negativ beeinträchtigen könnten. Die rechtlichen Verfahren werden mit Dringlichkeit und Sorgfalt durchgeführt.
- None.
- Legal dispute with Seabridge Gold could result in increased legal expenses
- Potential interference with mineral tenure rights could impact operations
- Uncertainty regarding the outcome of legal proceedings may affect investor confidence
Vancouver, British Columbia--(Newsfile Corp. - December 12, 2024) - Tudor Gold Corp. (TSXV: TUD) (FSE: H56) (the "Company" or "Tudor") announces that it has retained outside counsel, experienced in mining and mineral tenure dispute resolutions, to pursue on behalf of Tudor Gold all legal remedies and results which may be applicable arising from the issuance to KSM Mining ULC (a subsidiary of Seabridge Gold Inc.) of a Licence of Occupation in September, 2024.
That outside counsel shall also be taking all steps necessary to obtain the appropriate legal remedies and results to maintain the integrity and lawful rights of Tudor Gold Corp. to its mineral tenures, unimpeded in any way by the proposed MTT Tunnel project of Seabridge Gold Inc., and its subsidiaries. Other permits of Seabridge Gold Inc. and KSM Mining ULC shall also be put in issue in so far as those permits deleteriously affect Tudor Gold Corp.
These legal remedies and results shall be pursued with all reasonable diligence and in a timely manner.
About Treaty Creek and the Goldstorm Deposit
The Treaty Creek Project hosts the Goldstorm Deposit, comprising a large gold-copper porphyry system, as well as several other mineralized zones. As disclosed in the "NI-43-101 Technical Report for the Treaty Creek Project", dated April 5, 2024 prepared by Garth Kirkham Geosystems and JDS Energy & Mining Inc., the Goldstorm Deposit has an Indicated Mineral Resource of 27.87 million ounces (Moz) of AuEQ grading 1.19 g/t AuEQ (21.66 Moz gold grading 0.92 g/t, 2.87 billion pounds (Blbs) copper grading
About Tudor Gold
TUDOR GOLD CORP. is a precious and base metals exploration and development company with claims in the Golden Triangle of British Columbia (Canada), an area that hosts producing and past-producing mines and several large deposits that are approaching potential development. The 17,913-hectare Treaty Creek Project (in which TUDOR GOLD has a
ON BEHALF OF THE BOARD OF DIRECTORS OF
TUDOR GOLD CORP.
"Ken Konkin"
Ken Konkin
President and Chief Executive Officer
For further information, please visit the Company's website at www.tudor-gold.com or contact:
Chris Curran
Vice President of Investor Relations and Corporate Development
Phone: (604) 559 8092
E-Mail: chris.curran@tudor-gold.com; or
Patrick Donnelly
Vice President of Capital Markets
Phone: (604) 559 8092
E-Mail: patrick@tudor-gold.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statements Regarding Forward-Looking Information
This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including the completion and anticipated results of the key objectives in the Company's strategic plan, and planned exploration activities. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof.
Such forward-looking information and statements are based on numerous assumptions, including among others, that the Company's strategic plan and planned exploration activities will be completed in a timely manner. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.
There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's plans or expectations include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Company with securities regulators.
Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.
The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/233483
FAQ
What legal action is Tudor Gold (TSXV: TUD) taking against Seabridge Gold?
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