Mining & Metals
Seabridge Gold Reports Delay in Decision to Issue Construction Permits for KSM Mitchell Treaty Tunnels Project
Seabridge Gold (SEA.TO) said Friday that a government decision to issue permit amendments for the construction and operation of the Mitchell Treaty Tunnels (MTT) in British Columbia over their full length has been delayed.The MTT is a key infrastructure component of Seabridge's KSM project, comprising two parallel tunnels connecting the mining operations in the Mitchell Valley with the processing operations in the Treaty Valley.The company said it has received a letter from the Ministry of Mining and Critical Minerals of British Columbia that referenced a legal action filed by Tudor Gold (TUD.V). About 12.5 kilometers of the MTT will pass through mineral claims owned by Tudor.
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