CA Market News
2週前
Tudor Gold Commences 2026 Exploration Drill Program at Treaty CreekMay 21, 2026 5:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 21, 2026) - Tudor Gold Corp. (TSXV: TUD) (FSE: H56) (the "Company" or "Tudor") is pleased to report that its 2026 Exploration Program is underway with two diamond drills turning at the gold-copper-silver Treaty Creek Project located in the Golden Triangle, British Columbia. A minimum of 10,000 meters of drilling is planned to follow up on the higher-grading mineralization identified in two of the three known gold zones along the Sulphurets Thrust Fault near the Goldstorm Deposit. Phase One of the 2026 Exploration Program commenced at the CBS Zone with an initial 2,000 meters of drilling planned, targeting previous results including CBS-21-02 which intersected 0.78 g/t gold and 2.34 g/t silver over 155 meters, including 1.24 g/t gold and 4.35 g/t silver over 53 meters. Compiling results from previous field exploration programs, and research completed by the Mineral Deposit Research Unit (MDRU) from the University of British Columbia, a structural reinterpretation of the CBS Zone will target the potential for further mineralization occurring towards the Goldstorm Deposit which is thought to be genetically linked to the CBS Zone. The CBS Zone is at a lower elevation than the other zones identified to date at Treaty Creek and can be drilled both earlier and later in the exploration season than the other known zones.Phase Two of the Treaty Creek Exploration Program will focus on the Perfectstorm Zone, following up on geophysics completed in 2022 and on higher-grade drill hole intercepts intersected in the 2023 drill program. In 2023's drill program, hole PS-23-10 intersected 1.23 g/t gold and 3.43 g/t silver over 102.15 meters, including 42.5 meters grading 1.80 g/t gold and 5.76 g/t silver. The Perfectstorm Zone will be targeted to follow up on both porphyry gold/silver/copper mineralization hosted within potassic altered diorites similar to those observed in the Goldstorm Deposit seen in drillhole PS-21-03, as well as outlying gold/silver rich epithermal style mineralization observed in PS-23-10. Initially 8,000 meters of drilling is planned for the Perfectstorm Zone. The two drills are expected to continue drilling through late September/early October. See Figure 1 below for location of the zones and planned drilling.Figure 1: 2026 Treaty Creek Exploration Program, Zones and Planned DrillingTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4494/298354_f65f0c1144e45aa7_001full.jpgQualified PersonsKen Konkin, P.Geo., Tudor's Senior Vice President, Exploration, is the Qualified Person, as defined by NI 43-101, responsible for the Treaty Creek Project. Mr. Konkin has reviewed, verified, and approved the scientific and technical information in this news release.QA/QCDiamond 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 Treaty Creek ProjectTreaty Creek's Goldstorm Deposit, as disclosed in the "NI 43-101 Technical Report, Treaty Creek Project, British Columbia", dated November 30, 2025 and prepared by Garth Kirkham P.Geo. of Kirkham Geosystems and Renee Goold (Morrison), P.Eng. of Fuse Advisors, hosts Indicated Mineral Resources of 24.9 million ounces of gold, 148.7 million ounces of silver and 3.048 billion pounds of copper (912.3 million tonnes grading 0.85 g/t gold, 5.07 g/t silver and 0.15% copper) and Inferred Mineral Resources of 2.6 million ounces of gold, 7.2 million ounces of silver and 67.9 million pounds of copper (21.8 million tonnes grading 3.64 g/t gold, 10.22 g/t silver and 0.14% copper). The Goldstorm Deposit remains open in all directions, and a permit application has been filed for approval to construct an underground ramp for access to drill the high-grade gold SC-1 Zone. A Preliminary Economic Assessment on placing the Goldstorm Deposit in production as an underground mine is now underway. In addition to the Goldstorm Deposit, Treaty Creek hosts other gold discoveries nearby: the CBS, Eureka and Perfectstorm zones. About Tudor GoldTudor Gold Corp. is a precious and base metals exploration and development company with 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 17,913-hectare Treaty Creek Project (in which Tudor Gold has an 80% interest) borders Seabridge Gold Inc.'s KSM property to the southwest and borders Newmont Corporation's Brucejack Mine property to the southeast. For further information, please visit the Company's website at www.tudor-gold.com or contact:Joseph Ovsenek
President & CEO
(778) 731-1055Tudor Gold Corp.
Suite 1290, 999 West Hastings Street
Vancouver, BC
V6C 2W2
info@tudorgoldcorp.com
(SEDAR+ filings: Tudor Gold Corp.)Chris Curran
Vice President of Investor Relations and Corporate Development(604) 559 8092chris.curran@tudor-gold.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Cautionary Statements regarding Forward-Looking InformationThis news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including the completion and anticipated results of planned exploration activities. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connation thereof.Such forward-looking information and statements are based on numerous assumptions, including among others, that the Company's planned exploration activities will be completed in a timely manner. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's plans or expectations include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, results of negotiations, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals, the outcome of litigation and other risks detailed herein and from time to time in the filings made by the Company with securities regulators.Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298354 Original: Tudor Gold Commences 2026 Exploration Drill Program at Treaty Creek
CA Market News
4週前
Tudor Gold Reports Positive Metallurgical Test Results for Treaty CreekMay 12, 2026 5:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 12, 2026) - Tudor Gold Corp. (TSXV: TUD) (FSE: H56) (the "Company" or "Tudor") is pleased to report the positive results of its metallurgical program initiated in late 2025 with composite samples sourced from within and adjacent to the higher-grade Upper, Central, and Lower zones of Treaty Creek's Goldstorm Deposit. (See Figure 1 below for an oblique view of the Goldstorm Deposit zones.) Overall, the metallurgical test work demonstrates that saleable gold and copper concentrates can be produced from all three zones, either individually or as a blended feed. The results also indicate that mineralization from each zone can be mined and processed concurrently or in separate campaigns, providing flexibility in mine planning. A preliminary economic assessment on placing the Goldstorm Deposit in production is targeted for completion in the third quarter of this year.Goldstorm Deposit Metallurgical Program ResultsThe metallurgical program primarily focused on producing a sulphide gold concentrate from the Upper and Lower Zones, while also evaluating the potential to produce both a copper concentrate and a sulphide gold concentrate from the Central Zone. In addition, to test whether mineralization from the three zones could be mined concurrently and processed as a combined mill feed, a blended composite was prepared using equal proportions from each of the three zone composites. This composite was tested to produce both a copper concentrate and a sulphide gold concentrate.The Upper and Lower Zones both produced saleable sulphide concentrates, achieving excellent gold recoveries. The Upper Zone concentrate recovered 86% of the gold at a grade of 26.1 g/t gold and a mass pull of 11.8%. The Lower Zone recovered 87% of the gold at a grade of 19.0 g/t gold with a mass pull of 14%. The concentrates from both zones also contain potential silver credits and exhibit sulphur grades in excess of 45%, further enhancing their marketability.The Central Zone produced two saleable concentrates. The copper concentrate recovered 55.1% of the gold at a grade of 68.9 g/t, 68.7% of the silver at a grade of 664.0 g/t, and 85.5% of the copper at a grade of 28.9% with a mass pull of 0.9%. The sulphide concentrate recovered 27.0% of the gold at a grade of 10.0 g/t, 20.0% of the silver at a grade of 57.0 g/t, and 8.6% of the copper at a grade of 0.9% at a mass pull of 3.1%. Combined recoveries from the Central Zone were 82.1% for gold, 88.7% for silver, and 94.1% for copper at a mass pull of 4.0%.The blended composite, comprising mineralization from all three zones, produced two saleable concentrates. The copper concentrate recovered 22.9% of the gold at a grade of 159.1 g/t, 24.9% of the silver at a grade of 617.8 g/t, and 59.6% of the copper at a grade of 30.4% with a mass pull of 0.4%. The sulphide concentrate recovered 57.4% of the gold at a grade of 18.3 g/t, 56.7% of the silver at a grade of 64.5 g/t, and 29.5% of the copper at a grade of 0.7% with a mass pull of 9.4%. Combined recoveries for the blended composite were 80.3% for gold, 81.6% for silver, and 89.1% for copper at a mass pull of 9.8%. Minor optimization will be required to reduce copper losses to the sulphide concentrate. The results of the locked-cycle test work are set out in Table 1 for the Upper, Central and Lower Zone composites and for the blended composite.Table 1: Locked-Cycle Test Results for Goldstorm Deposit Zones ProductMass
Pull
(%)Concentrate GradeRecoveriesGold
(Au)
(g/t)Silver
(Ag)
(g/t)Copper
(Cu)
(%)
Gold
(%)
Silver
(%)
Copper
(%)Upper Zone
Gold Concentrate(1)11.826.143.50.586.385.190.4Central Zone
Copper Concentrate0.968.9664.028.955.168.785.5Central Zone
Gold Concentrate3.110.057.00.927.020.08.6Central Zone
Combined Concentrate(2)4.0
82.188.794.1Lower Zone
Gold Concentrate (3) 14.019.068.20.387.386.590.6Blended Zones
Copper Concentrate0.4159.1617.830.422.924.959.6Blended Zones
Gold Concentrate9.418.364.50.757.456.729.5Blended Zones
Combined Concentrate(4)9.8
80.381.689.1 Upper Zone - Calculated head grade 3.57 g/t gold, 6.03 g/t silver, 0.06% copperCentral Zone - Calculated head grade 2.22 g/t gold, 17.2 g/t silver, 0.60% copper Lower Zone - Calculated head grade 3.06 g/t gold, 11.06 g/t silver, 0.04% copper Blended Zone - Calculated head grade 3.00 g/t gold, 10.69 g/t silver, 0.22% copperFigure 1: Goldstorm Deposit by Zones, with Mineral ResourcesTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4494/297095_a99bd2ad44eb88d1_001full.jpgSee NI-43-101 Technical Report, Treaty Creek Project dated March 9, 2026Goldstorm Deposit Metallurgical ProgramThe metallurgical test work program was designed for initial flowsheet development for producing saleable concentrates from the three zones of the Goldstorm Deposit.For the Upper and Lower Zones, the flowsheet selected for locked-cycle testing comprised a primary target grind to 120 µm, followed by conventional sulphide flotation. This included a regrind of the rougher concentrate and two stages of cleaner flotation.For the Central Zone and the blended composite, the selected flowsheet likewise commenced with a primary target grind to 120 µm, followed by an initial copper flotation stage. The resulting rougher copper concentrate was reground and treated through three stages of cleaner flotation. The copper flotation tailings were subsequently processed through a sulphide rougher stage, after which the rougher concentrate was reground and subjected to three stages of cleaner flotation.Variability test work is underway to test the flowsheet on specific drill hole samples that were used to make up the composites for each of the zones. If required, additional blended composites will be tested based on the annual production schedule developed for the Preliminary Economic assessment.Preliminary Economic Assessment Fuse Advisors Inc. of Vancouver, British Columbia, is continuing to advance the preliminary economic assessment on placing the Goldstorm Deposit at Treaty Creek in production, which is targeted for completion in the third quarter of this year.Qualified PersonsRenee Goold, P.Eng., Manager, Processing and Metallurgy, Fuse Advisors (part of SLR), is the Qualified Person, as defined by National Instrument 43-101. Renee Goold has reviewed, verified and approved the scientific and technical information in this news release.Ken McNaughton, M.A.Sc., P.Eng., Vice President, Development, Tudor Gold, is the Qualified Person, as defined by National Instrument 43-101, responsible for the PEA. Mr. McNaughton has reviewed, verified and approved the scientific and technical information in this news release.About Treaty Creek ProjectTreaty Creek's Goldstorm Deposit hosts Indicated Mineral Resources of 24.9 million ounces of gold, 148.7 million ounces of silver and 3.048 billion pounds of copper (912.3 million tonnes grading 0.85 g/t gold, 5.07 g/t silver and 0.15% copper) and Inferred Mineral Resources of 2.6 million ounces of gold, 7.2 million ounces of silver and 67.9 million pounds of copper (21.8 million tonnes grading 3.64 g/t gold, 10.22 g/t silver and 0.14% copper). The Goldstorm Deposit remains open in all directions, and a permit application has been filed for approval to construct an underground ramp for access to drill the high-grade gold SC-1 Zone. A Preliminary Economic Assessment on placing the Goldstorm Deposit in production as an underground mine is now underway.In addition to the Goldstorm Deposit, Treaty Creek hosts other recent gold discoveries nearby: the CBS, Eureka and Perfectstorm zones. A 10,000-meter plus drill program is planned to commence in May targeting the further exploration of these zones. About Tudor GoldTudor Gold Corp. is a precious and base metals exploration and development company with 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 17,913-hectare Treaty Creek Project (in which Tudor Gold has an 80% interest) borders Seabridge Gold Inc.'s KSM property to the southwest and borders Newmont Corporation's Brucejack Mine property to the southeast. For further information, please visit the Company's website at www.tudor-gold.com or contact:Joseph Ovsenek
President & CEO
(778) 731-1055
Tudor Gold Corp.
Suite 1290, 999 West Hastings Street
Vancouver, BC
V6C 2W2
info@tudorgoldcorp.com
(SEDAR+ filings: Tudor Gold Corp.)Chris Curran
Vice President of Investor Relations and Corporate Development(604) 559 8092
chris.curran@tudor-gold.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Cautionary Statements regarding Forward-Looking InformationThis news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including the completion and anticipated results of planned exploration activities. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connation thereof.Such forward-looking information and statements are based on numerous assumptions, including among others, that the Company's planned exploration activities will be completed in a timely manner. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's plans or expectations include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, results of negotiations, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals, the outcome of litigation and other risks detailed herein and from time to time in the filings made by the Company with securities regulators.Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/297095 Original: Tudor Gold Reports Positive Metallurgical Test Results for Treaty Creek
CA Market News
2月前
Tudor Announces Plans for 2026 Exploration Program at Treaty Creek; Comments on Positive Outcome for Treaty Creek Project Permitting OverlapApril 14, 2026 5:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - April 14, 2026) - Tudor Gold Corp. (TSXV: TUD) (FSE: H56) (the "Company" or "Tudor") reports that planning is well advanced for its 2026 Treaty Creek exploration program and provides an update on the land use conflict between Tudor and Seabridge Gold Inc. ("Seabridge") in respect of the KSM Project's Mitchell Treaty Twin Tunnels ("MTT").Treaty Creek 2026 Exploration ProgramTudor's 2026 Treaty Creek Exploration Program has been planned to follow up on its gold discoveries near Treaty Creek's Goldstorm deposit, which hosts the project's Mineral Resources. Phase One of the program will follow up on drill results from 2021 and 2022 at the CBS Zone, where drill hole CBS-21-02 encountered 0.78 g/t gold and 2.34 g/t silver over 155.0 meters, including 53.0 meters grading 1.24 g/t gold and 4.35 g/t silver. Initially 2,000 meters of drilling is planned for the CBS Zone, with additional drilling dependent on success. The CBS Zone is at a lower elevation than the other zones identified to date at Treaty Creek and can be drilled both earlier and later in the exploration season than the other known zones.Phase Two of the Treaty Creek Exploration Program will focus on the Perfectstorm Zone following up on geophysics completed in 2022. The program will also follow up on higher-grade drill hole intercepts intersected in the 2023 drill program, where drill hole PS-23-10 intersected 1.23 g/t gold and 3.43 g/t silver over 102.15 meters, including 42.5 meters grading 1.80 g/t gold and 5.76 g/t silver. Initially 8,000 meters of drilling is planned for the Perfectstorm Zone, with additional drilling dependent on success. Two drills are planned to mobilize to site by mid-May and continue drilling through late September/early October. See Figure 1 for location of the zones and planned drilling.Figure 1: 2026 Treaty Creek Exploration Program, Zones and Planned DrillingTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4494/292384_2a51af9e44dfba0a_001full.jpgQualified PersonsKen Konkin, P.Geo., Tudor's Senior Vice President, Exploration, is the Qualified Person, as defined by NI 43-101, responsible for the Treaty Creek Project. Mr. Konkin has reviewed, verified, and approved the scientific and technical information in this news release.Tudor and Seabridge Land Use Conflict UpdateAs background, KSM Mining ULC ("KSM"), a subsidiary of Seabridge, has filed a permit amendment application for the construction and operation of the MTT with the Major Mines Office ("MMO") of British Columbia's Ministry of Mining and Critical Minerals. The approximately 22-kilometer-long MTT, as currently conceived by KSM, is only partially permitted to date. Seabridge and KSM seek to develop and route the MTT directly through Treaty Creek's Goldstorm Deposit. The MTT would also pierce Treaty Creek's Perfectstorm Zone, a promising new gold discovery which has potential to exceed the Goldstorm Deposit in both tonnes and grade.Tudor highlights that the decision maker reviewing the permit amendment application for the MMO advised, in a letter to Seabridge dated April 9, 2026, the decision was made not to proceed to deliberate on KSM's permit amendment application in the absence of greater legal certainty regarding the interaction between the proposed MTT and the overlapping mineral titles held by Tudor. Of note, the decision maker indicated that the certainty could potentially be provided by a negotiated agreement between KSM and Tudor to resolve the conflict or a court ruling.In order to preserve Tudor's rights as recorded holder of the mineral claims where the Treaty Creek Project is located, Tudor has filed two proceedings in the British Columbia courts: A notice of civil claim, filed September 22, 2025 in the Supreme Court of British Columbia, against the Province asserting, among other things, that a conditional registration reserve (or "CRR") does not apply to Tudor's mineral claims and cannot grant rights to third parties that they did not otherwise have; andA petition, filed October 3, 2025 in the Supreme Court of British Columbia, seeking, among other things, a judicial review of the Ministry of Water, Land and Resource Stewardship's decision to grant Seabridge a License of Occupation covering certain of Tudor's claims. Tudor had also previously filed an appeal of the decision of B.C.'s Gold Commissioner. This appeal was settled between Seabridge, Tudor, and the Province and the crux of the complaint is addressed in the two proceedings noted above.Tudor's preference is to negotiate with the Province of British Columbia and Seabridge. As of this writing, no court dates have been set for hearing these two actions.About Treaty Creek ProjectTreaty Creek's Goldstorm Deposit hosts Indicated Mineral Resources of 24.9 million ounces of gold, 148.7 million ounces of silver and 3.048 billion pounds of copper (912.3 million tonnes grading 0.85 g/t gold, 5.07 g/t silver and 0.15% copper) and Inferred Mineral Resources of 2.6 million ounces of gold, 7.2 million ounces of silver and 67.9 million pounds of copper (21.8 million tonnes grading 3.64 g/t gold, 10.22 g/t silver and 0.14% copper). The Goldstorm Deposit remains open in all directions, and a permit application has been filed for approval to construct an underground ramp for access to drill the high-grade gold SC-1 Zone. A Preliminary Economic Assessment on placing the Goldstorm Deposit in production as an underground mine is now underway.In addition to the Goldstorm Deposit, Treaty Creek hosts other recent gold discoveries nearby: the CBS, Eureka and Perfectstorm zones. A 10,000-meter plus drill program is planned to commence in May targeting the further exploration of these zones. About Tudor GoldTudor Gold Corp. is a precious and base metals exploration and development company with 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 17,913-hectare Treaty Creek Project (in which Tudor Gold has an 80% interest) borders Seabridge Gold Inc.'s KSM property to the southwest and borders Newmont Corporation's Brucejack Mine property to the southeast. For further information, please visit the Company's website at www.tudor-gold.com or contact:Joseph Ovsenek
President & CEO
(778) 731-1055Tudor Gold Corp.
Suite 1290, 999 West Hastings Street
Vancouver, BC
V6C 2W2
info@tudorgoldcorp.com
(SEDAR+ filings: Tudor Gold Corp.)Chris Curran
Vice President of Investor Relations and Corporate Development
(604) 559 8092
chris.curran@tudor-gold.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Cautionary Statements regarding Forward-Looking InformationThis news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including the completion and anticipated results of planned exploration activities. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof.Such forward-looking information and statements are based on numerous assumptions, including among others, that the Company's planned exploration activities will be completed in a timely manner. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's plans or expectations include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Company with securities regulators.Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/292384
Original: Tudor Announces Plans for 2026 Exploration Program at Treaty Creek; Comments on Positive Outcome for Treaty Creek Project Permitting Overlap
CA Market News
3月前
Tudor Gold Announces Filing of Treaty Creek Project, NI 43-101 Technical ReportMarch 10, 2026 5:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - March 10, 2026) - Tudor Gold Corp. (TSXV: TUD) (FSE: H56) (the "Company" or "Tudor") reports it has filed a National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") technical report entitled "NI 43-101 Technical Report, Treaty Creek Project, British Columbia", with an effective date of November 30, 2025 (the "Treaty Creek Technical Report"). The Treaty Creek Technical Report is available under the Company's profile on SEDAR+ at www.sedarplus.ca and on the Company's website at www.tudor-gold.com.The Treaty Creek Technical Report was prepared by Garth Kirkham, P.Geo. of Kirkham Geosystems Ltd. of Burnaby BC and Renee Goold (Morrison), P.Eng. of Fuse Advisors Inc. of Vancouver, BC, each of whom is a "Qualified Person" as defined by NI 43-101 and independent of the Company.Qualified PersonsKen Konkin, P.Geo., Tudor's Senior Vice President, Exploration, is the Qualified Person, as defined by NI 43-101, responsible for the Treaty Creek Project. Mr. Konkin has reviewed, verified, and approved the scientific and technical information in this news release.About Tudor GoldTudor Gold Corp. is a precious and base metals exploration and development company with 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 17,913 hectare Treaty Creek Project (in which Tudor Gold has an 80% interest) borders Seabridge Gold Inc.'s KSM property to the southwest and borders Newmont Corporation's Brucejack Mine property to the southeast. For further information, please visit the Company's website at www.tudor-gold.com or contact:Joseph Ovsenek
President & CEO
(778) 731-1055Tudor Gold Corp.
Suite 789, 999 West Hastings Street
Vancouver, BC
V6C 2W2
info@tudorgoldcorp.com
(SEDAR+ filings: Tudor Gold Corp.)Chris Curran
Vice President of Investor Relations and Corporate Development
(604) 559 8092
chris.curran@tudor-gold.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Cautionary Statements regarding Forward-Looking InformationThis news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including the completion and anticipated results of planned exploration activities. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connation thereof.Such forward-looking information and statements are based on numerous assumptions, including among others, that the Company's planned exploration activities will be completed in a timely manner. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's plans or expectations include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, results of negotiations, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals, the outcome of litigation and other risks detailed herein and from time to time in the filings made by the Company with securities regulators.Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287912
Original: Tudor Gold Announces Filing of Treaty Creek Project, NI 43-101 Technical Report
CA Market News
3月前
Tudor Gold Launches Preliminary Economic Assessment on Treaty Creek ProjectFebruary 25, 2026 5:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - February 25, 2026) - Tudor Gold Corp. (TSXV: TUD) (FSE: H56) (the "Company" or "Tudor") is pleased to report it has retained Fuse Advisors Inc. of Vancouver, British Columbia, to prepare a preliminary economic assessment ("PEA") on placing the Treaty Creek Project's Goldstorm Deposit in production. PEA Terms of ReferenceFuse Advisors Inc. ("Fuse") has been retained to prepare a PEA examining the potential for an underground mining operation focused on the higher-grade gold mineralization at Treaty Creek's Goldstorm Deposit outlined in the 2026 Mineral Resource estimate ("MRE") for the Goldstorm Deposit (see below and Tudor's news release dated January 22, 2026). Initially, Fuse is tasked with developing an underground mine plan producing up to 10,000 tonnes per day using bulk-tonnage mining techniques with a target of defining mineralized material of approximately 50 million to 100 million tonnes grading in excess of 2.5 grams per tonne gold. Following development of a mine plan, Fuse will utilize the final estimated metallurgical recoveries from the metallurgical program currently under way to develop a flowsheet and economics for the project. Metallurgical ProgramThe metallurgical program initiated in late 2025 is currently progressing with composite samples sourced from within and adjacent to the higher-grade Upper, Central, and Lower zones of the Goldstorm Deposit. The program is primarily focused on producing a sulphide gold concentrate, while also evaluating the potential to produce both a copper concentrate and a sulphide gold concentrate through a sequential flotation process.Preliminary metallurgical testwork indicates that a sequential copper-pyrite flotation circuit has the potential to generate marketable copper and sulphide gold concentrates with target grades of 15 to 25 g/t gold and 26 to 28% copper. Anticipated overall recoveries are estimated to range from 80% to 90% for gold, 75% to 85% for silver, and 75% to 85% for copper. "The recently announced 2026 Mineral Resource estimate for the Goldstorm Deposit confirmed that lenses of higher-grade gold, silver and copper mineralization are hosted within the broader envelope of bulk tonnage mineralization," said Joe Ovsenek, President and CEO of Tudor Gold. "We believe that Treaty Creek can be advanced as a mid-size underground operation initially focused on mining these lenses of higher-grade mineralization, then scaled up to process additional mineralization depending on metals prices and as capital costs are paid off. Staged development de-risks the project with reduced upfront development costs, reduced development risk, less environmental disturbance and faster cash flow." Proposed TimingInitial results from the metallurgical program are expected late this quarter. The PEA is targeted for completion in the third quarter of this year. Additional information will be provided as it becomes available with respect to a preliminary economic assessment.Treaty Creek 2026 Mineral Resource EstimateThe 2026 MRE (see Tudor's news release dated January 22, 2026) was prepared was prepared by Garth Kirkham, P.Geo. of Kirkham Geosystems Ltd. ("KGL") based on 359 diamond drill holes for a total of 191,466 meters, which includes 332 drill holes completed by the Company between 2016 and 2025 and 27 drill holes completed by prior Treaty Creek Project operators between 2007 and 2009. The 2026 MRE is reported at a NSR cut-off value of US$50 per tonne. A NI 43-101 Technical Report will be prepared and posted on www.tudor-gold.com and the Company's profile on www.sedarplus.com within 45 days of January 22, 2026.Table 1: 2026 Treaty Creek Project Mineral Resource Estimate(1) - (11)Mineral
Resource
ClassificationTonnes
(M)Gold Grade
(g/t)Silver Grade
(g/t)Copper
Grade
(%)Gold
(M oz)Silver
(M oz)Copper
(M lbs)Indicated912.30.855.070.1524.9148.73,048.0Inferred86.11.435.220.174.018.6327.7 Notes:
The Mineral Resource statement is subject to the following:The 2026 MRE has been prepared by Garth Kirkham, P.Geo., an Independent Qualified Person as defined by NI 43-101.The 2026 MRE has been estimated in accordance with Canadian Institute of Mining and Metallurgy and Petroleum ("CIM") definitions, as required under NI43-101.The 2026 MRE is reported on a 100% ownership basis.The 2026 MRE was prepared for a potential underground mining scenario evaluated within block cave mining shapes and constrained by geological and grade-continuity-defined solids using a NSR cut-off value of US$50/tonne. The NSR value was developed based on initial metallurgical testwork results combined with the Company's and its consultants' knowledge of potential smelter terms, royalites and onsite and offsite costs. The NSR calculation assumes a payable gold-silver-copper concentrate will be generated. The NSR calculation assumes metal prices of US$2925/ounce gold, US$34.00/ounce silver and US$4.25/pound copper; metallurgical recoveries of 90% for gold, 80% for silver and 80% for copper; underground mining costs of C$8.50/tonne, processing costs of C$38.50/tonne and G&A of C$1.50/tonne; a CAD:USD exchange rate of 0.72 and rounded to US$50.The 2026 MRE is reported without applying mining dilution, mining losses, or process losses.The 2026 MRE is constrained within underground shapes based on reasonable prospects of economic extraction, in accordance with NI43-101. Reasonable prospects for economic extraction were met by applying mining shapes, ensuring grade continuity above the cut-off value, and by excluding non-mineable material prior to reporting.Mineral resources are classified as Indicated, and Inferred based on geological confidence and continuity, spacing of drill holes, and data quality.The effective date of the 2026 MRE is November 30, 2025.Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation, sociopolitical, marketing, or other relevant issues.The Inferred Mineral Resource in this estimate has a lower level of confidence than that applied to an Indicated Mineral Resource and must not be converted to a Mineral Reserve. It is reasonably expected that the majority of the Inferred Mineral Resource could be upgraded to an Indicated Mineral Resource with continued exploration.All figures are rounded to reflect the relative accuracy of the estimate and therefore numbers may not appear to add precisely.Treaty Creek Project 2026 Mineral Resource Estimate Higher-Grade SensitivitiesIn addition to the base case NSR cut-off value of $50 per tonne, NSR cut-off values of $125 per tonne and $175 per tonne are reported to demonstrate the potential effect on tonnage, grade and metal content (Table 2). Higher NSR cut-off value sensitivities demonstrate an increase in grade and concomitant decrease in tonnage. The higher cut-off value sensitivities will be evaluated for potential to support an underground mining operation using conventional mining methods. The higher NSR cut-off value sensitivities are for comparison purposes only and should not be considered Mineral Resources.Table 2: 2026 Treaty Creek Project Mineral Resource Estimate Higher-Grade Sensitivities(1)NSR Cut-Off ValueMineral
Resource
ClassificationTonnes
(M)Gold Grade
(g/t)Silver Grade
(g/t)Copper
Grade
(%)Gold
(M oz)Silver
(M oz)Copper
(M lbs)US$125/
tonneIndicated102.11.789.190.275.830.2607.2Inferred21.83.6410.220.142.67.267.8US$175/
tonneIndicated45.12.339.270.173.413.4167.3Inferred18.34.0211.170.162.46.665.3 See notes to Table 1 above.Qualified PersonsThe 2026 MRE was prepared by Garth Kirkham, P.Geo. of KGL, who is an independent Qualified Person, as defined by NI 43-101 and responsible for the 2026 MRE. Mr. Kirkham has reviewed and approved the technical contents of this news release relating to the 2026 MRE.Ken McNaughton, M.A.Sc., P.Eng., Vice President, Development, Tudor Gold, is the Qualified Person, as defined by National Instrument 43-101, responsible for the PEA. Mr. McNaughton has reviewed, verified and approved the scientific and technical information in this news release.About Tudor GoldTudor Gold Corp. is a precious and base metals exploration and development company with 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 17,913 hectare Treaty Creek Project (in which Tudor Gold has an 80% interest) borders Seabridge Gold Inc.'s KSM property to the southwest and borders Newmont Corporation's Brucejack Mine property to the southeast. For further information, please visit the Company's website at www.tudor-gold.com or contact:Joseph Ovsenek
President & CEO
(778) 731-1055Tudor Gold Corp.
Suite 789, 999 West Hastings Street
Vancouver, BC
V6C 2W2
info@tudorgoldcorp.com
(SEDAR+ filings: Tudor Gold Corp.)Chris Curran
Vice President of Investor Relations and Corporate Development
(604) 559 8092
chris.curran@tudor-gold.com Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Cautionary Statements regarding Forward-Looking InformationThis news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including the completion and anticipated results of planned exploration activities. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connation thereof.Such forward-looking information and statements are based on numerous assumptions, including among others, that the Company's planned exploration activities will be completed in a timely manner. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's plans or expectations include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, results of negotiations, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals, the outcome of litigation and other risks detailed herein and from time to time in the filings made by the Company with securities regulators.Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285235
Original: Tudor Gold Launches Preliminary Economic Assessment on Treaty Creek Project
CA Market News
4月前
Tudor Gold Grants Stock OptionsFebruary 6, 2026 7:00 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - February 6, 2026) - Tudor Gold Corp. (TSXV: TUD) (FSE: H56) (the "Company" or "Tudor") is reports that it has granted stock options to directors, officers, and consultants of the Company to purchase an aggregate of 7,075,000 common shares in the capital of the Company at an exercise price of $1.26 per share, which expire on February 5, 2031. Following this stock option grant, the Company has a total of 37,953,810 stock options outstanding representing approximately 9.3% of the outstanding common shares of the Company. This stock option grant is subject to acceptance by the TSX Venture Exchange.About Tudor GoldTudor Gold Corp. is a precious and base metals exploration and development company with 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 17,913 hectare Treaty Creek Project (in which Tudor Gold has an 80% interest) borders Seabridge Gold Inc.'s KSM property to the southwest and borders Newmont Corporation's Brucejack Mine property to the southeast. For further information, please visit the Company's website at www.tudor-gold.com or contact:Joseph Ovsenek
President & CEO
(778) 731-1055Tudor Gold Corp.
Suite 789, 999 West Hastings Street
Vancouver, BC
V6C 2W2
info@tudorgoldcorp.com
(SEDAR+ filings: Tudor Gold Corp.)Chris Curran
Vice President of Investor Relations and Corporate Development
(604) 559 8092
chris.curran@tudor-gold.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Cautionary Statements regarding Forward-Looking InformationThis news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including the completion and anticipated results of planned exploration activities. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connation thereof.Such forward-looking information and statements are based on numerous assumptions, including among others, that the Company's planned exploration activities will be completed in a timely manner. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's plans or expectations include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, results of negotiations, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals, the outcome of litigation and other risks detailed herein and from time to time in the filings made by the Company with securities regulators.Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/283083
Original: Tudor Gold Grants Stock Options
douginil
2年前
The Best of Both Worlds – Can You Really Have a District Scale Deposit and High-Grade?
2 days ago Resource World - March 11, 2024
... “If we could have the best of both worlds, we’d have heaven right here on Earth” ... Ken Konkin (President of Tudor Gold – TSX-V: TUD), thinks he may be getting close with the Treaty Creek project on which he just released an updated Mineral Resource Estimate (MRE). That’s because it might just have “the best of both worlds” when it comes to gold deposits: scale and grade.
SCALE:
To be sure, his deposit, called the Goldstorm (an apt name if there ever was one), is a behemoth coming in at 27.87 million ounces (Moz) of AuEQ Indicated at a grade of 1.19 g/t AuEQ with an additional 6.03 Moz of AuEQ Inferred Mineral Resource at a grade of 1.25 g/t AuEQ. All combined, that’s a staggering 26.5 Moz gold, 157.7 Moz silver, and 3.37 billion pounds (Blbs) of Copper. Oh, and apparently, it’s open in all directions! Konkin says that as they’ve been expanding the Goldstorm to the north, the grades continue to increase, which accounts for why the last two MRE updates have increased in both size and grade. He’s expecting more of the same for the 2024 drill program, which is restricted to the summertime as it’s located in British Columbia’s Golden Triangle. “We haven’t come through the center of the system yet,” says Konkin. “The grades are getting stronger.”
The Goldstorm deposit is now one of the largest undeveloped gold deposits in the world and is sandwiched between two other mineralized zones on Treaty Creek of similar potential: the Calm Before the Storm (CBS) and the Perfectstorm (PS) [anyone see a theme emerging here?]. All three are part of a much bigger geological system called the Sulphurets Hydrothermal System (SHS) that also incorporates the KSM deposits (Seabridge Gold – TSX: SEA), which host the largest undeveloped gold deposit in the world by reserves. Talk about potential.
GRADE:
As it turns out, the Goldstorm is actually comprised of four major domains and three minor ones, and the latest one, called the Supercell One (SC-1) [sticking with the theme here], has about ten times the system’s average grade. While they haven’t defined it yet, so far, it stretches over 500 meters and has intercepts like 15.64 g/t AuEq over 15m, 9.96 g/t AuEq over 25.5m, and 10.07 g/t AuEq over 12m.
Like the rest of the system, the grades of the SC-1 are getting richer as they approach a major fault to the north. It’s suspected that this fault is a primary source of the mineralization which disseminated as it flowed to the south. The drilling at Goldstorm started in the south and the grades have increased consistently as it’s been drilled further north each year. The upcoming fault, approximately 500m further north, could be the northern boundary of the deposit, but if the past is the best indicator of the future, the grades will increase to that point.
Konkin thinks that the SC-1 could already represent anywhere between two and a half to three million ounces of high-grade gold and that it’s likely there are several “Supercells” to be discovered as they approach the fault, they think is a primary source of these metals.
“Not only do we have this broad, very consistent, homogeneous, porphyry style mineralization, we have… think of a thunderstorm with lightning bolts going through it like a supercell going through a thunderstorm. We have several lightning bolts. These (bolts) are post Goldstorm deposit, energized, enriched gold events coming through (the deposit),” states Konkin.
Konkin points out that the high grades of the SC-1 zone are not included in the MRE. At this stage, they don’t know how big the SC-1 is, or how many supercells there are, for that matter. The 2024 drill program should help answer that as it’s been designed to reveal what lies in the last 500m before the fault. If Konkin is right about it potentially containing millions of ounces of gold at something north of 10 g/t AuEq, it could already be a game changer for the upcoming Preliminary Economic Assessment (PEA) that Tudor gold is working towards.
Read at:
https://resourceworld.com/the-best-of-both-worlds-can-you-really-have-a-district-scale-deposit-and-high-grade/
douginil
4年前
As I read the below announcement this is a way for Tudor Gold to move its 6 non-Treaty Creek properties off into a separate company. American Creek and Teuton do not participate in this spinoff and their joint venture rights in the Treaty Creek property remain the same.
The company (Tudor Gold) plans to spin-out the 'Crown' project in the next few months: Shareholders should get for every 1 Tudor in ownership approx. 0.253 in the new established Goldstorm Metals Corp.
https://tudor-gold.com/press-release-july-13-2021/
July 13, 2021
Vancouver, B.C.
TUDOR GOLD ANNOUNCES PROPOSED SPIN-OFF OF CROWN PROPERTY
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
VANCOUVER, BC, July 13, 2021 – Tudor Gold Corp. (TSXV: TUD) (Frankfurt: TUC) (the "Company" or "Tudor Gold") is pleased to announce the proposed spin-off of its six contiguous mineral properties located in the Golden Triangle Area in northwestern British Columbia by way of a plan of arrangement (the "Arrangement") under the Business Corporations Act (British Columbia).
In furtherance thereof, the Company has entered into an arrangement agreement (the "Agreement") with Goldstorm Metals Corp. ("Goldstorm"), a wholly-owned subsidiary of the Company. Pursuant to the Arrangement, among other things:
Tudor Gold shareholders will receive approximately 0.253 of a common share of Goldstorm (each whole common share, a "Goldstorm Share") for every one common share of Tudor Gold held; and
Goldstorm will acquire the Company’s six contiguous Golden Triangle Area mineral properties, being the Mackie East, Mackie West, Fairweather, High North, Delta and Orion and Electrum properties (collectively, the "Crown Property") in consideration for Goldstorm issuing 44,999,999 Goldstorm Shares to Tudor Gold.
The Agreement also contemplates the completion of an additional non-brokered private placement of Goldstorm Shares for gross proceeds of at least $3 million. The board of directors of Tudor Gold has determined that the Arrangement is in the best interests of the Company. Among other things, the separation of the Crown Property into a separate public company will position such assets to be valued on a standalone basis. In addition, the transaction will allow Tudor Gold management to focus their efforts on the development of its flagship Treaty Creek property with Goldstorm’s management to focus on exploring and developing the Crown Property.
Walter Storm, President and Chief Executive Officer of Tudor Gold stated: "We are pleased to announce the Arrangement, which we believe will help unlock and maximize value for our shareholders. On completion, Goldstorm will be positioned well to advance our efforts in the Golden Triangle Area, with a strong balance sheet and experienced management team. We look forward to updating shareholders on this transaction as it progresses.”
The Company intends to apply for a listing of the Goldstorm Shares on the TSX Venture Exchange (the "TSX-V"). Any such listing will be subject to Goldstorm fulfilling all of the requirements of the TSX-V.
It is currently expected that the directors of Goldstorm on completion of the Arrangement, will consist of Walter Storm, Sean Pownall, Ken Konkin, Helmut Finger and Ronald-Peter Stöferle, with Mr. Konkin acting as President and Chief Executive Officer and Scott Davis acting as Chief Financial Officer.
In addition, pursuant to the Arrangement, holders of Tudor Gold options will exchange such securities for new options of Tudor Gold. The Arrangement is expected to be effected by way of a plan of arrangement under the Business Corporations Act (British Columbia) and remains subject to customary conditions, including, among other things, the approval by the TSX-V, approval by an affirmative vote of 66 2/3% of shareholders of the Company in attendance at a meeting of Tudor Gold’s shareholders (the "Meeting"), and approval of the Supreme Court of British Columbia.
Additional details of the Arrangement will be included in the information circular to be mailed to shareholders of Tudor Gold in connection with the Meeting referred to above.
ON BEHALF OF THE BOARD OF DIRECTORS OF
TUDOR GOLD CORP.
"Walter Storm"
Walter Storm
President and Chief Executive Officer
douginil
5年前
TUDOR GOLD INTERSECTS 3.286 GPT AUEQ OVER 82.5 METERS WITHIN 531.0 METERS OF 0.999 GPT AUEQ (HOLE GS-20-92) AND 1.112 GPT AUEQ OVER 532.5 METERS WITHIN 1,033.5 METERS OF 0.856 GPT AUEQ (HOLE GS-20-91) IN THE 300 HORIZON OF THE GOLDSTORM ZONE AT TREATY CREEK.
VANCOUVER, BC, January 7th, 2021 - Tudor Gold Corp. (TSXV: TUD) (Frankfurt: TUC) (the "Company" or "Tudor Gold") is pleased to present results for the last set of diamond drill holes for the Goldstorm Zone at their flagship property, Treaty Creek. The project is located within the heart of the Golden Triangle of Northwestern British Columbia which is on-trend from Seabridge’s KSM Project located five kilometers southwest of the Goldstorm Zone. Results from sampling of 9,621.7 meters of HQ and NQ2 core, from 11 diamond drill holes, have recently been received from MSA Labs. Tudor Gold has completed 50 diamond drill holes at the Goldstorm System (GS) and three diamond drill holes at the Perfect Storm Zone (PSZ), for respective totals of approximately 44,000 meters (GS) and 1,600 meters (PSZ) during the 2020 exploration season. It was necessary to abandon two of the final drill holes as ground conditions prevented the safe completion of GS-20-99 and GS-20-101 late in the season, however, significant gold and silver mineralization was encountered in GS-20-99 (0.647 gpt AuEq over 109.5 meters) and this hole ended in strong stockwork within the DS5 System. Unfortunately drill hole GS-20-101 was abandoned before intersecting the area of the intended target and this hole will be re-drilled in 2021. From the remaining 51 drill holes, all but one were successful in intersecting the intended targets.
Tudor Gold’s Vice President of Project Development, Ken Konkin, P.Geo., states: “We are very pleased with the results obtained from our 2020 exploration program and we anticipate the completion of an initial resource estimate over the next few months. We are also determined to continue the exploration efforts in 2021 to better define and potentially expand the Goldstorm and Perfect Storm Systems. It was not possible to attempt drilling at some of our high priority exploration targets due to the rapid accumulation of snow in late November and December that caused avalanche hazards, therefore, these sites remain as excellent drill targets. We have since received our explosives permit and have purchased an explosives magazine so our avalanche teams can now safely remove snow build-up for the up-coming exploration season. Our goal is to again have a late spring start-up so that we can effectively prepare the slopes to allow drilling in the northeast area of the Goldstorm System that was not completed in 2020. The Au-Ag-Cu mineralization remains open to the northeast and to the southeast, with the possible exception of section 114+00 NE, where the easternmost drill hole (GS-20-102) may have defined the southeast limit in that area.â€
Goldstorm Highlights include:
- Eleven diamond drill holes in this release totalling 9,621.7 meters; the favorable composite results are listed in Table 1 below.
- Best near-surface intercept was from the 300 Horizon in GS-20-91 on Section 112+50 NE that averaged 0.856 gpt AuEq over 1033.5 meters (60.0-1093.5 m) containing an enriched portion of 532.5 meters (60.0-592.5 m) that averaged 1.112 gpt AuEq.
- GS-20-92 also had a remarkable 82.5 meter intercept (213.0-295.5 m) of 3.286 gpt AuEq within the 300 Horizon, which is the highest grade gold composite interval drilled to date on the project. This lies within a longer intercept of 531.0 meters (90.0-621.0 m) averaging 0.999 gpt AuEq.
- An aggressive 150 meter step-out drill hole (GS-20-99) extended the DS-5 Zone further to southeast on section 115+50 NE. The intercept averaged 0.647 gpt AuEq over 109.5 meters (855.5-965.0 m). The hole was lost at 965.0 meters in strong stockwork and DS5-type mineralization. The system remains open to the northeast and southeast along Section 115+50 NE.
Read more & view drill hole data and graphics at:
https://tudor-gold.com/press-release-january-7th-2021/
douginil
5年前
TUDOR GOLD INTERSECTS 1.215 GPT AUEQ OVER 354.0 METERS WITHIN 1225.5 METERS OF 0.702 GPT AUEQ (HOLE GS-20-94) AND
1.078 GPT AUEQ OVER 345.0 METERS WITHIN 921.0 METERS OF 0.821 GPT AUEQ (HOLE GS-20-83) AT THE GOLDSTORM ZONE, TREATY CREEK, NORTHWEST B.C.
VANCOUVER, BC, December 15th, 2020 - Tudor Gold Corp. (TSXV: TUD) (Frankfurt: TUC) (the "Company" or "Tudor Gold") is pleased to present results for the fifth set of diamond drill holes for the Goldstorm Zone at their flagship property, Treaty Creek. The project is located in the heart of the Golden Triangle of northwestern British Columbia and is on-trend from Seabridge’s KSM Project located five kilometers southwest of the Goldstorm Zone. Results from 12 diamond drill holes have recently been received from MSA Labs with final results from another 11 diamond drill holes pending. All drill holes have successfully intersected the Goldstorm System, expanding and defining the mineralization along the northeast and southeast axes, as well as to depth. The Goldstorm System 300 Horizon has now been traced for 1100 meters along the northeast axis and, as well, the CS-600 and DS-5 zones have been expanded to the northeast and to depth. All 39 drill holes completed at Goldstorm during the 2020 program have encountered significant precious metal mineralization. The 2020 Treaty Creek Diamond Drill Program was completed last week, and field personnel have winterized the camp. The track-components of two track-mounted diamond drills remain on site ready for start-up of the 2021 exploration season.
Tudor Gold’s Vice President of Project Development, Ken Konkin, P.Geo., states: “We are very pleased with the results obtained from all 39 drill holes completed this year to-date and we anticipate the release of the final 11 holes of the year within a few weeks. This brings the total to 50 drill holes that were completed this year at the Goldstorm Zone. These latest holes continued to expand the limits of the mineralized targets along the northeastern and the southeastern axes, and to depth. For a fifth consecutive press release, we have surpassed our best result from last years’ drill hole program (0.697 AuEq over 1081.5 meters in hole GS-19-47) with drill holes GS-20-83 and GS-20-94 as described in the headline. The final 11 drill holes represent over 9600 meters of drilling and we expect that MSA Labs will complete the analysis of these final samples as soon as possible.â€
Treaty Creek Highlights include:
- Twelve drill holes presented in this press release total 11,551.1 meters
- The best results were from GS-20-94, a near-surface 354.0 meter intercept (36.0-390 m) averaging 1.215 gpt AuEq and GS-20-82 with a 351m intercept (113.0-464.0 m) averaging 1.051 gpt AuEq. Both holes are located on Section 111+00 NE.
- Equally impressive was drill hole GS-20-83 that also had a near-surface intercept over a similar 345.0 meters (73.5-418.5 m) that averaged 1.078 gpt AuEq on Section 112+50 NE.
- More Core Drilling did an excellent job completing 50 HQ/NQ2 diamond drill holes totaling 43,972 meters at Goldstorm and 1,636 meters at the Perfect Storm Target with three drill holes.
Read more and view core tables at:
https://tudor-gold.com/press-release-december-15th-2020/
douginil
6年前
TUDOR GOLD INTERSECTS 1,152 METERS OF 0.741 GPT AUEQ, INCLUDING 1.561 GPT AUEQ OVER 121.5 METERS AND 0.968 GPT AUEQ OVER 414 METERS WITH HOLE GS-20-75.
STEP-OUT HOLE GS-20-70 EXTENDS THE GOLDSTORM 300 HORIZON AND CS-600 ZONE ANOTHER 150 METERS TO THE NORTHEAST AS DRILLING CONTINUES WITH SIX DRILLS AT TREATY CREEK.
VANCOUVER, BC, October 26th, 2020 – Tudor Gold Corp. (TSXV: TUD) (Frankfurt: TUC) (the “Company” or “Tudor Gold”) is pleased to present results for the fourth set of diamond drill holes at their flagship property, Treaty Creek, located in the heart of the Golden Triangle of Northwestern British Columbia. Diamond drilling continues with six drill rigs currently working on the Goldstorm Zone which is on-trend from Seabridge’s KSM Project, 5 km to the southwest.
All nine of the recent drill holes have successfully intersected the Goldstorm System expanding the mineralization to the northeast and southeast, as well as to depth. The Goldstorm System 300 Horizon has now been traced for 1100 meters along the northeast axis and in addition, the CS-600 and DS-5 systems have been expanded to the northeast and to depth as well. All 26 drill holes completed at Goldstorm during the 2020 program have encountered significant precious metal mineralization.
Tudor Gold’s Vice President of Project Development, Ken Konkin, P.Geo., states:“The goal is to drill-define the limits of the Goldstorm system mineralization. We are very pleased with the results obtained from the 2020 drill holes that have yet to define limits or boundaries to the mineralized target along the northeastern and the southeastern axes, and to depth as well as we keep encountering mineralization versus non-mineralized host rock. Drill hole results from GS-20-75 demonstrate that several aspects of the mineralized horizon appear to be gaining strength at depth with significant Au-Cu-Ag mineralization encountered in the CS-600 zone which averaged 0.968 gpt AuEq over 414 meters.
Our technical team has to date received drill hole results from 26 diamond drill holes at Goldstorm and three holes from the PSZ Zone, totalling 24,343.6 meters. Samples from 12 drill holes are awaiting results from MSA Labs, totalling 12,443.7 meters, with six additional holes currently being drilled that are expected to total more than 6,500 meters. The information released to date represents just over half of the drill information we plan to collect for this year’s program at Goldstorm. We have also received good news from MSA Labs that they hope to get back to our scheduled 15-day turn-around-time for results. We are confident that our combined efforts will expediate the news flow for the near-future.”
Goldstorm Highlights include:
- Nine diamond drill holes in this release totalled 10,234.2 meters, all hitting the intended targets with favorable results listed in the tables below.
- Best intercept was from GS-20-75 on Section 114+00 NE that averaged 0.741 gpt AuEq over 1152.0 metres (112.0-1264.0 m) containing an enriched portion of 121.5 meters (232.0-353.5 m) that averaged 1.561 gpt AuEq.
- GS-20-75 also had a remarkable 414.0 meter intercept (833.5-1247.5 m) of 0.968 gpt AuEq within the CS-600 Zone, which is the longest intercept for CS-600 drilled to date.
- Tudor Gold has surpassed the previous longest mineralized intercept with GS-20-79 on section 112+00 NE, 150 meters southwest of GS-20-75. This hole intersected 1338 meters (81.5-1419.5m) of 0.595 gpt Au Eq with the upper portion of the 300 Horizon averaging 0.877 gpt AuEq over 484.5 meters (81.5-566.0 m).
- A 150 meter extension of the 300, CS-600 and DS-5 Zones was confirmed by an aggressive step-out to the northeast with hole GS-20-70 on section 115+50 NE. The intercept averaged 0.500 gpt AuEq over 1218.0 meters and mineralization remains open to the northeast, northwest and southeast along Section 115+50 NE.
- The DS-5 System appears to be gaining strength to the northeast; hole GS-20-64, the north-easternmost hole, returned the strongest result for DS-5, averaging 0.983 gpt AuEq over 550.55 meters with an enriched portion averaging 1.482 gpt AuEq over 154.5 meters (Press Release July 27, 2020).
Read more and view tables at:
https://tudor-gold.com/press-release-october-26-2020/