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Project: | Treaty Creek | |
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Deposit: | Treaty Creek | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 10/26/2016 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 26-10-2016: Tudor Gold Corp. announces an Exploration/Drilling Update report for its Treaty Creek deposit at the Treaty Creek project. JV- Drilling results incl. 629.7m @ 0.526g/t Au. October 26, 2016 - Vancouver, British Columbia: Tudor Gold Corp. (TSX.V | |
Resources: | x | |
CP/QP: | [Overall Report]: James Hutter (Internal) | |
ABSTRACT: | October 26, 2016 - Vancouver, British Columbia: Tudor Gold Corp. (TSX.V: TUD) (Frankfurt: TUC) (the “Company” or “Tudor”) is pleased to announce that the complete assays for drill hole CB-16-03 on the Treaty Creek property have returned 0.526 g/t Au over 629.7 meters, including 54 meters from 88 to 142 meters of 1.117 g/t Au and 122 meters from 304 to 426 meters of 0.965 g/t Au. The drill hole terminated at 717.7 meters in mineralization with the final 13.7 meters averaging 0.315 g/t Au. Walter Storm, CEO and President of Tudor Gold says: "The complete results from CB-16-03 confirm our belief that Treaty Creek holds the potential to host significant gold mineralization and validates our exploration model. To date, we have successfully hit gold mineralization down to 717 meters downhole and have encountered nearer to surface gold mineralization like the 1.12 grams gold per tonne over 54 meters starting at 88 meters downhole, which opens up the targeted area.” Drill Hole CB-16-03 was drilled at an azimuth of 292˚ with an inclination of -73˚ and was collared approximately 550 meters northeast of the nearest of the Copper Belle zone drill holes (CB-09-11 which carried 229m of 0.52 g/t gold from 40m to 270 m, CB-09-10 which carried 212m of 0.47 g/t gold from 119m to 331 m and CB-09-06 which carried 65.3m of 0.84 g/t gold, American Creek Resources Press Release October 12, 2016). The new gold intercept encountered in CB-16-03 may represent a new mineralized zone or could possibly be an extension of the previously known Copper Belle Zone. Further work will be required in order to investigate the continuity between these areas. The casing has been left in place so the hole may be re-entered and extended if desired. All intervals are down hole widths as there is not enough information to calculate true widths of the mineralization encountered in any of the holes. | |
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