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Tudor Gold Corp.
Summary
| Project: | Treaty Creek | |
|---|---|---|
| Deposit: | Treaty Creek | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 8/8/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 8-8-2017: Tudor Gold Corp. announces an Exploration/Drilling Update report for its Treaty Creek deposit at the Treaty Creek project. JV - Drilling results incl. 7.15m @ 6.20g/t Au from 247.3m. Vancouver, British Columbia- (Newsfile Corp. - August 8, 2017) | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Raul Sanabria (Internal) | |
| ABSTRACT: | Vancouver, British Columbia- (Newsfile Corp. - August 8, 2017) - Tudor Gold Corp. (TSXV: TUD) (FSE: TUC) (the "Company" or "Tudor Gold") is pleased to announce that a new zone of gold-bearing mineralization has been discovered on the Treaty Creek property (the "Treaty Creek Property"), situated north of the KSM property of Seabridge Gold and the Brucejack property of Pretium Resources in the Golden Triangle region of northwestern British Columbia. Tudor holds a 60% interest in, and is the Operator of, the Treaty Creek Property. The new zone was intersected in Hole HC-17-01 designed to test for northern extensions of GR2 zone mineralization as encountered in previous drilling in 2007 and 2009. Hole HC-17-01 intersected a stratabound, brecciated and silicified sulphide venting zone containing tetrahedrite, Sb-sulphosalts and pyrite located at the contact between an upper pervasively hydrothermally altered volcaniclastic unit and a footwall mudstone unit. The entire interval from 247.3 to 254.45m returned 7.15m of 6.20 g/t gold, including the venting zone—1.05m of 4.12 g/t gold from 247.3 to 248.35m- and the vented sulphides in the immediate footwall mudstones—5.1m of 9.57 g/t gold from 249.35m to 254.45m. True widths are uncertain at this time. Five additional holes have been completed on this target at the Treaty Creek Property and assays are pending. Concurrently, drilling is proceeding with a second drill on the adjacent Copper Belle zone on porphyry gold and gold-copper targets. A third drill is being mobilized to the Treaty Creek Property. Walter Storm, President and CEO of Tudor Gold commented as follows: "We are very encouraged by the results from the first hole into this target, particularly as it appears gold mineralization is extending to the north. The style of mineralization, stratabound sulphides, particularly tetraedrite, elevated gold values, hosted in mudstones, is also encouraging as it has affinities with the unique Eskay Creek mine mineralization located 12 km to the west." The existence of gold deposits on nearby properties is not necessarily indicative of mineralization at the Treaty Creek Property. | |
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