Seabridge Gold (TSE:SEA) has released an update.
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Seabridge Gold’s KSM Project faces a legal challenge from the Tsetsaut Skii km Lax Ha, an Indigenous group contesting the project’s ‘substantially started’ status granted by British Columbia’s Environmental Assessment Office. The group argues that they were not properly consulted about this decision, which prevents the project’s environmental certificate from expiring. This development adds a layer of complexity to Seabridge’s progress, potentially impacting its financial prospects and stock performance.
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