The long-standing legal skirmish over a pair of yet-to-be-constructed tunnels in British Columbia’s Golden Triangle has come to an end, as Tudor Gold (TSXV: TUD) officially threw in the towel on its appeal against Seabridge Gold (TSX: SEA).
Tudor has filed a notice of abandonment with the Supreme Court of British Columbia, walking away from a challenge to a 2025 decision by the Chief Gold Commissioner. That ruling had already declined to hear Tudor’s attempt to cancel or bypass Seabridge’s Conditional Mineral Reserve for the Mitchell Treaty Tunnels.
The dispute centered on some high-stakes real estate. Seabridge’s KSM Project, one of the largest undeveloped gold-copper deposits in the world, requires two 23-kilometer parallel tunnels to connect its mine site with processing facilities.
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About 12.5 kilometers of those tunnels are slated to pass directly through mineral claims owned by Tudor Gold. Under the existing CMR, Tudor is legally barred from any activity that would “obstruct, endanger, or interfere” with the tunnels’ construction or operation.
Tudor had sought to argue that the commissioner had the authority to strip these protections, but the abandonment of the appeal suggests a final acceptance of the status quo.
Seabridge CEO Rudi Fronk characterized the appeal as lacking merit from its inception, noting that the tunnels’ legal standing has been consistently upheld by provincial mining officials for more than a decade. “This action reinforces our position that the authorizations issued in favour of the MTT do not give Seabridge any interest in Tudor’s mineral rights,” Fronk added.
Seabridge Gold last traded at $37.00 on the TSX.
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