Correspondence from BC Ministry of Energy, Mines, and Low Carbon Innovation Regarding Mitchell Treaty Tunnel
Correspondence from BC Ministry of Energy, Mines, and Low Carbon Innovation Regarding Mitchell Treaty Tunnel
On September 27, 2024, Seabridge Gold announced that the B.C. government renewed the License of Occupation (“LoO”) for the Mitchell Treaty Tunnels (“MTT”) at the KSM Project until September 27, 2044. The LoO provides Seabridge’s wholly owned subsidiary, KSM Mining ULC (“KSMCo”), with the right to occupy the area in which it intends to construct the MTT. The MTT are the two 23 km long parallel tunnels planned to connect the east and west sides of the KSM Project Mine Site.