Mr. Ken Konkin reports
TUDOR GOLD INTERSECTS 70.96 G/T AUEQ OVER 1.0 METER WITHIN 39.15 G/T AUEQ OVER 2.0 METERS (GS-22-143) WITH A 225 METER NORTHEAST STEP-OUT HOLE FROM THE 2021 DRILLING AT THE GOLDSTORM DEPOSIT, TREATY CREEK PROPERTY, NORTHERN BRITISH COLUMBIA
Tudor Gold Corp. has released the third set of drill results for phase l of the 2022 exploration program at its flagship property, Treaty Creek, located in the heart of the Golden Triangle of northwestern British Columbia.
Ken Konkin, president and chief executive officer, commented: "We are extremely pleased to report this second consecutive high-grade, visible gold intercept from our northeastern step-out drilling. This 70.96 g/t AuEQ intercept over one meter is now highest single gold grade intercept of the project. The unique aspect of the two-meter composite of 39.15 g/t AuEQ and the 4.5 meter visible gold composite from GS-22-134 that averaged 20.86 g/t AuEQ is that they both appear to have similar modes of occurrence that resembles the gold mineralization at the Valley of Kings (VOK) Deposit at Newcrest's Brucejack Lake Mine adjacent to our southern border. Most of the free-gold mineralization at the Goldstorm Deposit is associated with quartz-pyrite veinlets but it also appears as fine disseminated grains of free visible gold within host rock as observed in this high-grade intercept within GS-22-143. This may be a colloidal-type mineralization which is also observed at the Brucejack Lake Mine. Gold mineralization at the VOK Deposit occurs as electrum, however the visible gold found at the Goldstorm Deposit occurs as native gold. As with the discovery of R-66 to the southeast, these new high-grade gold intercepts may be completely different pulses of mineralization that can occur outside the known limits of the porphyry style of gold mineralization. Clearly more drilling is required to better understand the grade distribution and consistency within the northeastern portion of the Goldstorm Deposit."
The Program at the Treaty Creek property includes an aggressive resource expansion and delineation plan on several areas including the Goldstorm Deposit and the Eureka and Calm Before the Storm zones. Results included in this press release include preliminary results from one diamond drill hole from the Goldstorm Deposit that was targeted outside the 2021 mineral resource area.
GS-22-143 stepped out 225 m to the northeast from the 2021 drilling and targeted 300H and CS600 mineralization. A high-grade interval of 39.15 g/t AuEQ over 2.0 m was intercepted in an area that spatially lines up with the 300H mineral domain, however, is interpreted as potentially being a separate mineralization event. Visible gold was found hosted within the fabric of the host rock.
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.
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 Corp.
Tudor Gold 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 and a 100% interest in the Eskay North project, all located in the Golden Triangle area.
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