Tudor Gold Responds to Seabridge Gold
Tudor Gold Responds to Seabridge Gold News
Release
Vancouver, British Columbia--(Newsfile Corp. - September 25, 2024) - Tudor Gold Corp. (
TSXV: TUD
)
(
FSE: H56
) (the "
Company
" or "
Tudor
") in response to Seabridge Gold's press release issued on
September 25, 2024, Tudor Gold states that the Company has not been provided by the Government of
British Columbia with any copy of the license of occupation nor has it been informed of the reasons for
granting the license of occupation as announced this morning by Seabridge Gold Inc.
Tudor Gold takes the position now and maintains its position that section 50(1)(a)(ii) of the Land Act
restricts any disposition of Crown lands, including this license of occupation, from interfering with mineral
tenure rights.
https://www.bclaws.gov.bc.ca/civix/document/id/complete/statreg/96245_01#section50
Secondly, Tudor Gold takes the position that no grant of any mineral reserve pursuant to the Mineral
Tenure Act can grant mineral title rights to any party and cannot interfere in any way with pre-existing
rights.
This applies to both conditional mineral reserve grants and non-staking mineral reserve grants.
Tudor Gold shall take all steps necessary to protect its mineral tenure rights, its rights to property, and its
shareholders.
Those rights will be protected as necessary, including if it is required an action for damages for a
statutory taking.
Upon receipt of the Government of British Columbia's official copy of the license of occupation, and the
governmental decision makers' reasons, if any, for the granting of the license of occupation, and allowing
for consideration and advice on those matters, Tudor Gold shall take such steps as are necessary to
protect its mineral tenures, rights to property and its shareholders.
About Tudor Gold
TUDOR GOLD CORP. is a precious and base metals exploration and development company with
claims in British Columbia's Golden Triangle (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 60% interest) borders Seabridge Gold Inc.'s KSM
property to the southwest and borders Newmont Corporation's Brucejack property to the southeast.
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:
Or
Patrick Donnelly
Vice President of Capital Markets
Phone: (604) 559 8092
E-Mail:
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 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 connation thereof.
Such forward-looking information and statements are based on numerous assumptions, including
among others, that the Company's 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/224540