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Tudor Gold Intersects Strong Gold-Copper Porphyry Mineralization Returning 1.82 g/t AuEQ over 114.0 m Within 592.5 m of 1.16 g/t AuEQ in Northernmost Step-Out Section of the Goldstorm Deposit, Treaty Creek

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Tudor Gold Intersects Strong Gold-Copper Porphyry Mineralization Returning 1.82 g/t AuEQ over 114.0 m Within 592.5 m of 1.16 g/t AuEQ in Northernmost Step-Out Section of the Goldstorm Deposit, Treaty Creek

 

 

 

 

 

Tudor Gold Corp. (TSX-V: TUD) (FSE: TUC) is pleased to present the eighth set of drill results for the 2022 exploration program at their flagship property, Treaty Creek, located in the heart of the Golden Triangle of Northwestern British Columbia.

 

Ken Konkin, President and CEO, comments: “Our entire team is very pleased to see the continued success of the exploration program in the northern-most limits of the Goldstorm Deposit within domain CS600. We continue to intersect pulses of very strong gold and copper mineralization with 1.82 g/t AuEQ (1.04 g/t Au, 5.17 g/t Ag and 0.61% Cu) over a 114-metre (m) intercept. Precious and base metal values were equally impressive over double this same intercept averaging 1.50 g/t AuEQ over 235.5 m in hole GS-22-158 and values were comparable to the hole above this, GS-22-151-W1 with 1.27 g/t AuEQ over 300 m (October 4, 2022 PR). GS-22-158 successfully undercut GS-22-151-W1 by approximately 100-150 m and ended in strong copper-gold mineralization as did GS-22-151-W1. In-fill drilling successfully added confidence with our resource model as GS-22-156 intersected 1.0 g/t AuEQ over 294 m within the 300H domain. This intercept was punctuated by a high-grade gold intercept of 28.7 g/t Au and 16.2 g/t Ag (28.9 AuEQ) over 1.5 m near the bottom of the composite. In addition to increasing our deposit foot-print northwards, we were also successful in expanding mineralization to the southwest with a 100 m step-out drill hole CB-22-01 which intersected significant near-surface gold values over 168 m that averaged 0.68 g/t AuEQ. This hole was drilled well outside the area of the 2021 initial resource model for the Goldstorm Deposit demonstrating that mineralization remains open in all directions and to depth. Crews will be wrapping up the exploration program this week and will be collecting several new composites for metallurgical tests with samples for petrographic and ore microscopy studies from our Stewart-based core facility. Our drills have been de-mobilized and both upper and lower camps have been shut down. We have several drill holes awaiting results from the lab and we will announce these results shortly after we receive them.

 

The Program at the Treaty Creek property includes an aggressive resource expansion and delineation plan for several areas, including the Goldstorm Deposit and the Eureka and Calm Before the Storm Zones. Results included in this press release are reported from five diamond drill holes that were drilled on the Goldstorm Deposit, Copper Belle Deposit, and Konkin Zones (Sections K, L, 98+50 NE and 94+50 NE). At Goldstorm, one out of two holes were drilled partially or completely outside the 2021 NI 43-101 Mineral Resource Estimate area (see link: corresponding Treaty Creek plan map and sections).

 

GOLDSTORM DEPOSIT

 

SECTION K

  • GS-22-156 was drilled as an infill hole within the 300H domain in the area of the footwall of the Treaty Thrust Fault 1 (TTF1). An intercept of 294.0 m grading 1.0 g/t AuEQ (0.92 g/t Au, 4.38 g/t Ag, 0.02% Cu) was returned with a high-grade segment with 13.5 m grading 5.16 g/t AuEQ (4.99 g/t Au, 5.17 g/t Ag, 0.09% Cu).

 

SECTION L

  • GS-22-158 was drilled to target the CS600 domain and undercut GS-22-151-W1. An intercept of the CS600 gold-copper porphyry system was intercepted over a drill length of 592.5 m averaging 1.16 g/t AuEQ (0.73 g/t Au, 3.17 g/t Ag, 0.34% Cu) with an enriched zone of 1.82 g/t AuEQ (1.04 g/t Au, 5.17 Ag, 0.61% Cu) over 114.0 m. This hole confirms the consistency of mineralization throughout the porphyry system and that no boundary on the northern side of the system has been encountered. This hole is located 250 m north of the 2021 mineral resource estimate. Future exploration will target the northerly extension of this system.

 

COPPER BELLE DEPOSIT

 

SECTION 98+50 NE

  • CB-22-01 was drilled as a 100 m southeastern step-out hole on the Copper Belle deposit. An interval of 168.0 m returned 0.68 g/t AuEQ (0.65 g/t Au, 1.97 g/t Ag, 0.01 % Cu) with a high-grade segment of 4.5 m grading 4.44 g/t AuEQ (4.31 g/t Au, 10.78 g/t Ag). This hole confirms the continuity of mineralization to the south of Copper Belle and that the deposit remains open.
  • CB-22-02 was drilled as a 100 m northwestern step-out hole one the Copper Belle deposit. An interval of 39.0 m grading 0.65 g/t AuEQ (0.62 g/t Au, 0.72 g/t Ag, 0.02 % Cu). This hole confirms the continuity of mineralization to the south of Copper Belle and that the deposit remains open.

 

KONKIN ZONE

 

SECTION 94+50 NE

  • KZ-22-01 was drilled as an exploration hole to follow up on anomalous gold surface samples. The hole encountered 46.5 m of 0.53 g/t AuEQ (0.51 g/t Au, 1.36 g/t Ag, 0.01% Cu) as well as a significant gold interval over 9.0 m of 3.60 g/t AuEQ (3.54 g/t Au, 5.32 g/t Ag). The hole intercepted propylitic and phyllic alteration which could be associated with the Goldstorm porphyry system or may be related to a separate intrusive event.

 

Table 1: Drilling Results for Goldstorm, Copper Belle, and Konkin Zone in Press Release November 1, 2022

 

Section Hole From (m) To (m) Interval (m) Au (g/t) Ag (g/t) Cu (ppm) AuEQ (g/t)
94+50 NE KZ-22-01 90.50 96.50 6.00 2.29 4.14 103 2.35
And 164.00 210.50 46.50 0.51 1.36 69 0.53
And 306.50 315.50 9.00 3.54 5.32 32 3.60
98+50 NE CB-22-01 21.00 189.00 168.00 0.65 1.97 62 0.68
Including 21.00 96.00 75.00 0.70 2.25 68 0.74
And including 118.50 123.00 4.50 4.31 10.78 26 4.44
And including 147.00 189.00 42.00 0.70 2.03 13 0.72
98+50 NE CB-22-02 322.50 361.50 39.00 0.62 0.72 178 0.65
And 351.00 360.00 9.00 1.27 1.24 193 1.31
K GS-22-156 (300H) 253.50 547.50 294.00 0.92 4.38 214 1.00
Including 526.50 540.00 13.50 4.99 5.17 873 5.16
Or 526.50 528.00 1.50 28.70 16.20 46 28.90
And 622.50 660.00 37.50 0.74 6.72 1192 0.95
And 702.00 716.00 14.00 1.23 2.73 105 1.28
L GS-22-158 (CS600) 793.50 1386.00 592.50 0.73 3.17 3369 1.16
Including 867.00 945.00 78.00 1.01 5.37 3606 1.50
And 1110.00 1345.50 235.50 0.87 3.98 4887 1.50
Or 1219.50 1333.50 114.00 1.04 5.17 6090 1.82
  • All assay values are uncut and intervals reflect drilled intercept lengths.
  • HQ and NQ2 diameter core samples were sawn in half and typically sampled at standard 1.5m intervals
  • The following metal prices were used to calculate the Au Eq metal content: Gold $1625/oz, Ag: $19/oz, Cu: $2.8/lb. Calculations used the formula Au Eq g/t = (Au g/t) + (Ag g/t x 0.01169) + (Cu% x 1.1815). All metals are reported in USD and calculations do not consider metal recoveries.
  • True widths have not been determined as the mineralized body remains open in all directions. Further drilling is required to determine the mineralized body orientation and true widths.

 

 

Table 2: Drill data for holes in Press Release November 1, 2022

 

Section Hole ID UTM E NAD 83 UTM N NAD 83 Elevation (m) Azi (ᵒ) Dip (ᵒ) Depth (m)
94+50 NE KZ-22-01 427280.30 6271718.71 1748.25 101 -65 672.2
98+50 NE CB-22-01 427665.60 6271972.16 1558.14 120 -60 720
98+50 NE CB-22-01 427663.13 6271974.86 1558.25 300 -60 810
K GS-22-156 428429.03 6272984.18 1373.36 330 -55 716
L GS-22-158 428925.03 6273439.09 1397.48 320 -66 1386

 

 

Qualified Person

 

The Qualified Person for this news release for the purposes of National Instrument 43-101 is the Company’s President and CEO, Ken Konkin, P.Geo. He has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

 

QA/QC

 

Diamond drill core samples were prepared at MSA Labs’ Preparation Laboratory in Terrace, BC and assayed at MSA Labs’ Geochemical Laboratory in Langley, BC. Analytical accuracy and precision are monitored by the submission of blanks, certified standards and duplicate samples inserted at regular intervals into the sample stream by Tudor Gold personnel. MSA Laboratories quality system complies with the requirements for the International Standards ISO 17025 and ISO 9001. MSA Labs is independent of the Company.

 

About Tudor Gold

 

TUDOR GOLD Corp. is a precious and base metals exploration and development company with properties 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 17,913 hectare Treaty Creek project (in which TUDOR GOLD has a 60% interest) borders Seabridge Gold Inc.’s KSM property to the southwest and borders Newcrest Mining Limited’s Brucejack property to the southeast. In April 2021 Tudor published their 43-101 technical report, “Technical Report and Initial Mineral Resource Estimate of the Treaty Creek Gold Property, Skeena Mining Division, British Columbia Canada” dated March 1, 2021, on the Company’s Sedar profile. The Company also has a 100% interest in the Crown project located in the Golden Triangle.

 

Posted November 1, 2022

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