Tunnel Authorizations for Seabridge's KSM Project Challenged Again by Tudor Gold
Seabridge Gold (NYSE: SA) announced on October 3, 2025 that Tudor Gold filed a Notice of Civil Claim in the Supreme Court of British Columbia challenging the Province's conditional mineral reserve that restricts interference with the KSM Project's Mitchell Treaty Tunnels (MTT).
Tudor alleges the Reserve amounts to expropriation of its Treaty Project Claims, seeks declarations that the Reserve does not apply or exceeds provincial authority, and alternatively seeks compensation or damages. The MTT are two parallel 23 km tunnels, with ~12.5 km of route through the Treaty Creek Claims. Seabridge says the Reserve has applied since 2014 and Tudor acquired interests in 2016. Seabridge will continue advancing KSM plans while the Action proceeds.
Seabridge Gold (NYSE: SA) ha annunciato il 3 ottobre 2025 che Tudor Gold ha presentato una Notifica di Reclamo Civile presso la Corte Suprema della Columbia Britannica sfidando la riserva mineraria condizionale del Provincio che limita l'intromissione con i Mitchell Treaty Tunnels (MTT) del progetto KSM.
Tudor afferma che la Riserva equivale a un'espropriazione delle sue pretese sul progetto del Trattato, chiede dichiarazioni che la Riserva non si applichi o superi l'autorità provinciale, e in alternativa chiede compensi o danni. I MTT sono due tunnel paralleli di 23 km, con circa 12,5 km di percorso attraverso le pretese di Treaty Creek. Seabridge sostiene che la Riserva sia in vigore dal 2014 e Tudor ha acquisito interessi nel 2016. Seabridge continuerà a portare avanti i piani del KSM mentre procede l'Azione.
Seabridge Gold (NYSE: SA) anunció el 3 de octubre de 2025 que Tudor Gold presentó una Notificación de Reclamación Civil ante la Corte Suprema de la Columbia Británica desafiando la reserva mineral condicional que restringe la interferencia con los Mitchell Treaty Tunnels (MTT) del Proyecto KSM.
Tudor alega que la Reserva equivale a la expropiación de sus Reclamaciones del Proyecto del Tratado, busca declaraciones de que la Reserva no se aplica o excede la autoridad provincial y, alternativamente, busca compensación o daños. Los MTT son dos túneles paralelos de 23 km, con ~12,5 km de ruta a través de las Reclamaciones de Treaty Creek. Seabridge afirma que la Reserva se ha aplicado desde 2014 y Tudor adquirió intereses en 2016. Seabridge continuará avanzando con los planes de KSM mientras avanza la Acción.
씨브래지드 골드(NYSE: SA)가 2025년 10월 3일에 Tudor Gold가 브리티시컬럼비아주 대법원에 민사 청구 통지를 제기하여 조건부 광물 매장량이 KSM 프로젝트의 미첼 조약 터널(MTT)에 대한 간섭을 제한한다는 주를 다투었다고 발표했습니다.
튜더는 이 매장량이 조약 프로젝트 주장에 대한 수용권의 수용이라며 이 매장량이 적용되지 않거나 주 권한을 초과한다는 선언을 추구하고, 대안으로 보상이나 손해배상을 구합니다. MTT는 병렬로 뚫린 23km의 두 개의 터널로, 약 12.5km의 경로가 Treaty Creek 주장들을 통해 지나갑니다. 씨브래지드는 이 매장량이 2014년부터 적용되어 왔고 튜더가 2016년에 이익을 취득했다고 말합니다. 소송이 진행되는 동안 씨브래지드는 KSM 계획을 계속 추진할 것입니다.
Seabridge Gold (NYSE: SA) a annoncé le 3 octobre 2025 que Tudor Gold a déposé une Notice de Demande Civile devant la Cour Suprême de la Colombie-Britannique contestant la réserve minière conditionnelle qui restreint l'ingérence avec les Mitchell Treaty Tunnels (MTT) du projet KSM.
Tudor allègue que la Réserve équivaut à l'expropriation de ses revendications relatives au projet du Traité, demande des déclarations selon lesquelles la Réserve ne s'applique pas ou dépasse l'autorité provinciale, et, en alternative, demande une compensation ou des dommages-intérêts. Les MTT sont deux tunnels parallèles de 23 km, avec environ 12,5 km de parcours à travers les revendications de Treaty Creek. Seabridge affirme que la Réserve est en vigueur depuis 2014 et que Tudor a acquis des intérêts en 2016. Seabridge poursuivra l'avancement des plans KSM pendant que l'action est en cours.
Seabridge Gold (NYSE: SA) gab am 3. Oktober 2025 bekannt, dass Tudor Gold eine Zivilklage vor dem Obersten Gerichtshof der British Columbia eingereicht hat, in der die bedingte Mineralreserve infrage gestellt wird, die die Einmischung in die Mitchell Treaty Tunnels (MTT) des KSM-Projekts einschränkt.
Tudor behauptet, dass die Reserve eine Enteignung seiner Treaty Project Claims darstellt, beantragt Feststellungen, dass die Reserve nicht gilt oder die behördliche Zuständigkeit überschreitet, und alternativ beantragt es Entschädigung oder Schadenersatz. Die MTT sind zwei parallele 23 km lange Tunnel, mit ca. 12,5 km Route durch die Treaty Creek Claims. Seabridge sagt, dass die Reserve seit 2014 gilt und Tudor 2016 Anteile erworben hat. Seabridge wird die KSM-Pläne weiter vorantreiben, während die Klage geführt wird.
سيبراج غولد (بورصة نيويورك: SA) أعلنت في 3 أكتوبر 2025 أن Tudor Gold قدمت إخطاراً بدعوى مدنية أمام المحكمة العليا في كولومبيا البريطانية تتحدى الاحتياطي المعدني الشرطي الذي يقيّد التدخل في أنفاق معاهدة ميتشل (MTT) الخاصة بمشروع KSM.
تدعي Tudor أن الاحتياطي يعتبر مصادرة لمطالب مشروع المعاهدة لديها، وتطالب بإعلانات بأن الاحتياطي لا ينطبق أو يتجاوز الولاية الإقليمية، وبديلاً عن ذلك تطلب تعويضاً أو أضراراً. الأنفاق MT T هما نفقان متوازيان بطول 23 كم، مع ما يقرب من 12.5 كم من المسار عبر Treaty Creek. تقول Seabridge إن الاحتياطي مطبق منذ 2014 وأن Tudor اكتسبت مصالح في 2016. ستواصل Seabridge دفع خطط KSM أثناء متابعة الدعوى.
Seabridge Gold (NYSE: SA) 在 2025年10月3日宣布，Tudor Gold 已向不列颠哥伦比亚省最高法院提交民事诉状，对省份的有条件矿产储量提出质疑，该储量限制对 KSM 项目 Mitchell Treaty 隧道（MTT）的干扰。
Tudor 指出储量等同于其条约项目主张的征收，寻求声明储量不适用或超过省级权限，备选为寻求赔偿或损害赔偿。MTT 是两条平行的 23 公里 隧道，大约有 12.5 公里 的路线穿越 Treaty Creek 的主张。Seabridge 表示储量自 2014 起已生效，Tudor 于 2016 年取得权益。Seabridge 将在诉讼进行期间继续推进 KSM 的计划。
- MTT composed of two parallel 23 km tunnels
- Approximately 12.5 km of MTT route passes Treaty Creek Claims
- Reserve has applied to Treaty Project Claims since 2014
- Notice of Civil Claim filed on October 3, 2025
- Tudor seeks declaration that Reserve does not apply or exceeds authority
- Tudor alleges Reserve amounts to expropriation and seeks compensation
- Tudor acquired interest in Treaty Project Claims in 2016 while Reserve was active
Insights
Legal challenge alleges expropriation and misrepresentation over tunnel rights; case could affect project authorizations but outcome is uncertain.
The filing by Tudor Gold Corp. on October 3, 2025 asks the Supreme Court of British Columbia to declare that the Province's conditional mineral Reserve does not apply to Tudor or, alternatively, to award compensation for alleged expropriation or misrepresentation. The claim targets the Reserve’s effect on the Mitchell Treaty Tunnels (MTT), two parallel 23 km tunnels, about 12.5 km of which cross the Treaty Project Claims.
What it means: Tudor contests the Province’s 2014 amendment that, according to the press release, applied the Reserve to existing claim holders and believes the MTT will "sterilize" economic benefits of its claims. Why it matters: the Action challenges the legal basis for authorizations relied on by Seabridge Gold Inc. and could, if a court rules for Tudor on the core legal questions, affect use rights on the Treaty Project Claims and related project authorizations.
The press release states the Reserve has applied to holders since 2014, Tudor acquired interest in 2016, and no successful challenges occurred in the following 11 years; Seabridge notes an earlier related appeal announced on July 14, 2025. The Action was filed on October 3, 2025.
Toronto, Ontario--(Newsfile Corp. - October 3, 2025) - Seabridge Gold Inc. (TSX: SEA) (NYSE: SA) ("Seabridge" or the "Company") announced today that Tudor Gold Corp. ("Tudor") has filed a Notice of Civil Claim (the "Action") in the Supreme Court of British Columbia against the Province of British Columbia (the "Province") principally challenging the legal effect of the conditional mineral reserve (the "Reserve") requiring Tudor not to "obstruct, endanger or interfere with, the construction, operation or maintenance of" the KSM Project's Mitchell Treaty Tunnels ("MTT"). The Action also alleges misrepresentation by the Province in respect of the Tudor's rights as mineral claims holder, that the Reserve amounts to an expropriation by the Province of Tudor's mineral claims through which the Reserve passes (the "Treaty Project Claims"), and that the Province does not have the authority to grant Seabridge rights to use areas within the Treaty Project Claims, amongst other things. Tudor's claim that the Reserve amounts to expropriation is based on Tudor's statement that the MTT would sterilize the presumed economic benefits of the Treaty Project Claims. Tudor is principally seeking a court declaration that the Reserve doesn't apply to it, or that the Reserve and all other authorizations for activities on the Treaty Project Claims relating to the KSM Project exceed the Province's authority, and in the alternative, for an award of compensation for expropriation or for damages for misrepresentation.
The Action is separate from the appeal of the decision of the Chief Gold Commissioner brought by Tudor earlier this year and announced by Seabridge on July 14, 2025.
The MTT are the two 23 km long parallel tunnels planned to connect the east and west sides of the KSM Project Mine Site. Approximately 12.5 km of the MTT route passes through the Treaty Creek Claims.
The Action relies heavily on a statement made by the Province in 2012 that the Reserve did not apply to the existing holder of the Treaty Project Claims, despite that statement being superseded by a statement made by the Province in 2014, in connection with the amendment of the Reserve, that the amended Reserve did apply to the existing holder of the Treaty Project Claims. It also relies on a claim by Tudor to "property rights", which is inconsistent with the Mineral Tenure Act. To succeed, Tudor also needs to address the fact that the Reserve has applied to the existing holders of the Treaty Project Claims since 2014 but has not been challenged during the following 11 years and the fact that the Reserve was in place when Tudor first acquired an interest in the Treaty Project Claims in 2016.
"We are confident that the Province has acted within the law and that the various authorizations for the MTT are appropriate and reliable. This latest action is one of a number of legal challenges Tudor has made over the years opposing our MTT rights. In every instance, the BC government has reconfirmed our approvals and our understanding of the legal aspects of these matters. If Tudor were to be successful in certain of its claims, it could have consequences for the KSM Project," said Seabridge's Chair and CEO, Rudi Fronk. "While this Action proceeds, we will continue to advance our current plans for the KSM Project for the benefit of our shareholders, local communities and the First Nations who have so strongly supported our progress."
About Seabridge Gold
Seabridge holds a
Neither the Toronto Stock Exchange, New York Stock Exchange, nor their Regulation Services Providers accept responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This document contains "forward-looking information" within the meaning of Canadian securities legislation and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. This information and these statements referred to herein as "forward-looking statements" are made as of the date of this document. Forward-looking statements relate to future events or future performance and reflect current estimates, predictions, interpretations, expectations or beliefs regarding future events and include, but are not limited to, statements with respect to the Province having acted within the law and its various authorizations for the MTT being appropriate and reliable.
All forward-looking statements are based on Seabridge's or its advisors' current beliefs as well as various assumptions made by them and information currently available to them. Although management considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.
Forward-looking statements involve various risks and uncertainties. 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 Seabridge's plans or expectations include the risk that: (i) the court finds Tudor's arguments not to be weak; and (ii) the court decides that the Reserve does not apply to Tudor, and (ii) that the court allows the appeal, and other risks outlined in statements made by Seabridge from time to time in the filings made by Seabridge with securities regulators. Seabridge 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.
We caution readers not to place undue reliance on these forward-looking statements as a number of important factors could cause the actual outcomes to differ materially from the beliefs, plans, objectives, expectations, anticipations, estimates assumptions and intentions expressed in such forward-looking statements.
ON BEHALF OF THE BOARD,
"Rudi Fronk"
Chairman & C.E.O.
For further information, please contact:
Rudi P. Fronk, Chairman and C.E.O.
Tel: (416) 367-9292 • Fax: (416) 367-2711
Email: info@seabridgegold.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/268991
FAQ
What did Seabridge announce about Tudor Gold's court action on October 3, 2025?
How long are the Mitchell Treaty Tunnels (MTT) mentioned in Seabridge's October 3, 2025 release?
How much of the MTT route passes through Treaty Creek Claims per Seabridge's PR?
What legal remedies is Tudor Gold seeking against Seabridge's KSM Project Reserve?
Since when has Seabridge said the Reserve applied to the Treaty Project Claims?
When did Tudor acquire an interest in the Treaty Project Claims according to the press release?
Could Tudor's October 3, 2025 legal action affect the KSM Project and shareholders?
