Core Viewpoint - Seabridge Gold Inc. is facing a legal challenge from Tudor Gold Corp. regarding the Chief Gold Commissioner's decision that supports Seabridge's rights to use land for the KSM Project's Mitchell Treaty Tunnels, which Tudor is appealing in the British Columbia Supreme Court [1][2]. Group 1: Legal Proceedings - Tudor Gold Corp. has filed a Notice of Appeal against the Chief Gold Commissioner of British Columbia and Seabridge, contesting the rejection of its application to rescind the legal mechanism prioritizing Seabridge's rights [1]. - The Chief Gold Commissioner previously ruled that the conditional mineral reserve (CMR) applies to Tudor, which Tudor is now disputing in court [2]. - Seabridge's Chair and CEO expressed confidence that the court will dismiss Tudor's appeal, maintaining that the CGC's decision was correct [2]. Group 2: Company Background - Seabridge Gold holds a 100% interest in several North American gold projects, with its principal assets located in Northwest British Columbia's "Golden Triangle" [3]. - The KSM project is one of Seabridge's key assets, alongside other projects in Canada, including Courageous Lake, Snowstorm, and 3 Aces [3].
Tunnel Status for Seabridge's KSM Project Challenged by Tudor Gold