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Associated Press
29-05-2025
- Business
- Associated Press
Seabridge Files Responses to Petitions Challenging KSM's Substantially Started Designation
Toronto, Ontario--(Newsfile Corp. - May 29, 2025) - Seabridge Gold Inc. (TSX: SEA) (NYSE: SA) ('Seabridge' or the 'Company') reported today it has filed its responses in BC Supreme Court to petitions challenging the Environmental Assessment Office's ('EAO') decision granting Seabridge Gold's KSM project Substantially Started ('SS') Designation. On July 29, 2024, the EAO determined that Seabridge's KSM project had been substantially started, ensuring that the project's Environmental Assessment Certificate is no longer subject to expiry. Our submissions further strengthen and broaden the Responses that had been filed by the BC Government in late April 2025, detailing the extent of our engagement with the petitioners in support of our SS application and the previously granted Provincial, Federal, and Nisga'a environmental approvals. Seabridge's extensive engagement with the TSKLH and the funding support we have provided to the TSKLH (one of the petitioners) was initiated in 2007 and has continued to be available ever since, including during the period of review of our application for an SS determination. The TSKLH have been included in all reviews of Seabridge's regulatory applications and participated to the extent they decided warranted, with funding support, contrary to their assertions. Our responses also support BC's position on why granting the SS Designation was not unreasonable. The Petitions, the Responses from Seabridge and the BC Government and our related news releases can be found here. The parties have scheduled the period from September 22 to September 29, 2025 for the court hearing. Seabridge CEO Rudi Fronk stated 'our team's engagement and work in support of advancing KSM has been exemplary, especially while striving to achieve the SS determination. I am confident that our Responses, and those of the BC Government, provide strong support that the EAO's decision to grant the SS Designation was indeed procedurally fair and not unreasonable. Resolving this issue will facilitate the next steps in project development beyond this year's extensive work schedule. While this legal process continues, the SS Designation remains in effect.' About Seabridge Gold Seabridge holds a 100% interest in several North American gold projects. Seabridge's principal asset, the KSM project, and its Iskut project, are located in Northwest British Columbia, Canada's 'Golden Triangle', the Courageous Lake project is located in Canada's Northwest Territories, the Snowstorm project in the Getchell Gold Belt of Northern Nevada and the 3 Aces project in the Yukon Territory. For a full breakdown of Seabridge's Mineral Reserves and Mineral Resources by category please visit the Company's website at ON BEHALF OF THE BOARD 'Rudi Fronk' Chairman & C.E.O. For further information please contact: Rudi P. Fronk, Chairman and C.E.O. Tel: (416) 367-9292 • Fax: (416) 367-2711 Email: [email protected] To view the source version of this press release, please visit
Associated Press
29-01-2025
- Business
- Associated Press
Canagold Receives Process Order to Proceed with Environmental Assessment Application for Permitting the New Polaris Project
VANCOUVER, British Columbia--(BUSINESS WIRE)--Jan 29, 2025-- Canagold Resources Ltd. ('Canagold' or the 'Company') (TSX: CCM, OTC-QB: CRCUF, Frankfurt: CANA), is pleased to announce a significant permitting milestone in the advancement of its New Polaris Project ('the Project'), located in the Traditional Territory of the Taku River Tlingit in northwestern British Columbia. The British Columbia Environmental Assessment Office (BCEAO) has issued a process order, enabling the Project to proceed to the Application Development and Review phase of the Environmental Assessment. This marks a crucial step forward in the permitting process for the New Polaris Project. During this phase, Canagold will prepare and submit its application for an Environmental Assessment Certificate while continuing its robust engagement efforts with Indigenous Nations, regulatory bodies, and other stakeholders. Prior to issuing the process order, BCEAO conducted a thorough review process that included feedback from participating Indigenous Nations, the Technical Advisory Committee (TAC), Alaskan Tribes, and the public, facilitated through a public comment period. 'We are thrilled to continue advancing our permitting efforts for the New Polaris Project,' said Catalin Kilofliski, CEO of Canagold Resources. 'This milestone highlights our commitment to responsible mining practices and ongoing collaboration with Indigenous Nations, local communities, and other stakeholders. We look forward to building on this progress and moving the New Polaris Project closer to becoming a sustainable gold mining operation.' The New Polaris Project reflects Canagold's dedication to creating long-term value while adhering to high environmental, social, and governance (ESG) standards. The Company will continue to provide updates as it advances through the permitting process and prepares for the next stages of project development. About Canagold Resources Ltd. Canagold Resources Ltd. is an advanced development company dedicated to advancing the New Polaris Project through feasibility, permitting, and production stages. The Company's flagship asset, the New Polaris Project, is a high-grade gold-antimony deposit located in British Columbia, Canada. Additionally, Canagold aims to expand its asset base by acquiring advanced projects, positioning itself as a leading project developer. With a team of technical experts, the Company is poised to unlock substantial value for its shareholders. For further information about the New Polaris Project and Canagold Resources Ltd, please visit Canagold's website at SOURCE: Canagold Resources Ltd. Copyright Business Wire 2025. PUB: 01/29/2025 05:00 AM/DISC: 01/29/2025 05:00 AM
