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Tudor Gold Corp V.TUD

Alternate Symbol(s):  TDRRF

Tudor Gold Corp. is a Canada-based precious and base metals exploration and development company. The Company has 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 Company has a 60% interest in Treaty Creek gold project, located in northwestern British Columbia, which is host to the Goldstorm Deposit, a large gold-copper porphyry system, as well as several other mineralized zones. The Company's Treaty Creek property covers an area of approximately 17,913 hectares.


TSXV:TUD - Post by User

Comment by rockport1on May 06, 2024 7:00pm
161 Views
Post# 36025945

RE:RE:RE:Repost from Zorg on Tuo BB

RE:RE:RE:Repost from Zorg on Tuo BBSeabridge has already disclosed this.  It is available in various publically available documents including the original LoO.  They must fufil the terms of the application including the geotechnical drilling, and to satisfy Third Party rights holders; namely Tudor/Teuton/AMK.

As we know, they have yet to agree to terms with the Third Party rights holders, and the status of the geotechnical drilling is in their Nov 2021 Second Extension Request for substantially started status.  I have not seen an update on drilling after this:  

KSM Mining noted that it currently holds permits entitling it to commence construction on the MTT portals and the initial 100 metres of the tunnels, but not the entire length of the MTT between the portals. EMLI has advised KSM Mining that it must submit information regarding the composition of the rock along the MTT route as part of its application for the permit to construct the MTT beyond the portals. To obtain the required data, KSM Mining expects it will have to drill 40 geotechnical holes along the MTT route and at the MTT portals, which were planned for 2020 and 2021. As a result of a late start in the field work due to the COVID-related restrictions and subsequent reduced workforce, only seven holes were drilled in 2020. 

In the above quote, it is clearly stated that KSM Mining does not have permits to commence construction of the MTT between the portals.  

Due your own due dilligence folks. Mine tells me that KSM does not yet have the permit to construct the MTT on Treaty Creek property between the portals.  The LoO might still be valid, but they must still satisfy the terms of it, before actual construction can begin.

cskhurasu wrote: Message to ZORG: If SEA's mine design is dependent on TUD agreeing to the MTT as you say, then you are also saying that SEA is failing to disclose a matiral fact and the BC government has misled SEA...all of which makes for a wonderful set of lawsuits guaranteed to run forever. I choose to believe SEA's disclosure including their reporting on the correspondence from the BC government.


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