Interview with award winning geologist Ken Konkin on his recent site visit at the ‘Treaty Creek’ property operated by Tudor Gold Corp. (TSXV: TUD)
We are pleased to present an interview with Ken Konkin who provides Tudor Gold with geological consulting services. Ken Konkin examined the large, 17,130 hectares ‘Treaty Creek’ property in September 2018. The ‘Treaty Creek’ property borders on, or is within a few km of world-class projects such as the 'KSM‘ project (98.1 million Indicated plus Inferred ounces gold) of Seabridge Gold and the 'Snowfield‘ project (34.9 million Indicated plus Inferred ounces gold) of Pretium Resources. The interview was conducted by Carsten Ringler from Ringler Consulting and Research GmbH.
About Tudor Gold:
Tudor Gold (TSX-V: TUD, Frankfurt: TUC.F) is an exciting exploration company focused on precious and base metals projects
in the Canadian province of British Columbia. All 10 of the projects are located in the famous “Golden Triangle”, an area that hosts
multiple past producing mines, two new mines and several large world-class deposits that are approaching potential development. The
Company has a 60% interest in the Electrum and Treaty Creek properties; with other 100% owned projects, or earn-in
options, including Mackie, Doc, Eskay North, Orion, Fairweather, Delta and the High North properties.
Walter Storm is the CEO of the Company. Mr. Storm became known in the gold mining business in Canada through the seed
financing of Osisko Mining. Osisko Mining is a major gold producer in Quebec, which was funded, inter alia, by a German
holding company (Eurasia), in which Mr Storm held a controlling interest and served as Chairman of the Supervisory Board.
During Mr. Storm's tenure, not only did Eurasia finance the founding of Osisko Mining in 2004, but it also helped the
company become a world-class gold mine with a market capitalization of approximately C$ 4.50 billion.
Early shareholders were pleased with a phenomenal increase of the share price and the respective market capitalization.
Between 2005 and 2010, the company value increased from less than C$ 10 million to over C$ 5 billion. Osisko is considered
one of the most successful gold producers in Canada. Tudor Gold is listed on the Canadian Stock Exchange (TSXV: TUD) and
the Frankfurt Stock Exchange (Ticker: TUC). More information about Tudor Gold can be found at: www.tudor-gold.com
Walter Storm, CEO of Tudor Gold Corp: "We were delighted to have had the world-renowned and award winning geologist Ken Konkin on our 'Treaty Creek' site! We look forward to further collaboration.“
1) Carsten Ringler:
Ken, firstly, I want to congratulate you for winning the AME (The Association for Mineral Exploration) award last year for your pivotal role in the discovery of the world class deposit ‘Valley of the Kings’ which is owned by Pretium Resources. Could you please tell our readers some highlights of your biography as a professional geologist?
Thank you, Carsten. Like most success stories in the exploration world, my story begins with having a solid technical and financial team working together as a unit gaining critical information as quickly as possible in order to “fast-track” the exploration programs. Technical preparation was the key to our success at Snowfields and at Brucejack Lake. Initially we were given modest budgets but the quality of data that we had inherited and new data that we were able to generate helped advance the project rapidly. I don’t think it’s fair to take any specific credit for success at Snowfields nor the Valley Of The Kings Deposit at Brucejack Lake. Clearly this was a team effort. I was the Project Manager for both of these projects for seven years between 2006 and 2012 when the majority of surface exploration took place. I’ve spent over 38 years searching for precious and base-metal deposits throughout North and South America as well as Russia. No doubt, the Golden Triangle is one of my favorite places to explore. Between 1983 and 2004, early in my career, I spent many years exploring numerous properties for a number of companies from Alice Arm to the Atlin, B.C. This recent trip to Treaty Creek was, however, my first trip there since my work in 1987 for Teuton Resources. Much has changed in over 30 years.
2) Carsten Ringler:
Ken, you are one of the best known and successful geologists in the Golden Triangle region. You have been at the ‘Treaty Creek’ property recently. What was your first impression and thoughts when you visited the site? Did you have the chance to study
historical field data and results from the last drill season?
I completed a five-day geological examination of Treaty Creek in mid-September and I did have a chance to examine some of the core from last year's drilling program. I was impressed as to the similarity of some of the mineralization seen at Copper Belle to that of the Snowfields Gold zone, located just 7 km to the southwest. Although the rocks were very similar, the alteration was much stronger within the specific mineralized zones at Copper Belle, as well as containing higher levels of pyritization. This broad-type of alteration and mineralization is commonly associated with intrusive-related hydrothermal fluid systems from regional events. In other words, these systems tend to be part of large regional events such as those found at the neighboring Seabridge and Pretium properties, rather than smaller localized events.
3) Carsten Ringler:
In your view what is the outlook of ‘Treaty Creek’? What are some of the positive facts and advantages of Tudor Gold concession rights compared to the neighbors Seabridge and Pretium?
Clearly there are numerous similarities between the three projects as far as some of the geological parameters are concerned. Yet the logistical advantage lies with Treaty Creek solely based on location and access. The cost of developing a deposit at Treaty Creek would be much less challenging than that at either Snowfields or Seabridge. Pretium has done an excellent job in solving its access issues with a snow road across the glacier and successful construction of a high power transmission line to power their mill complex. Treaty Creek's Copper Belle Project is less than half the distance to the highway and any potential construction of roads and infrastructure would be much less challenging than what Pretium faced and what currently faces the Seabridge team.
4) Carsten Ringler:
The ‘Treaty Creek’ property is part of the Sulphurets hydrothermal system in the Golden Triangle. Can you please elaborate on its significance on both a regional and international scale?
One of the most unique aspects of the Treaty Creek Property is that it is underlain by host rock types that include age ranges from as old as the Upper Triassic, all the way to and including the Upper and Lower Jurassic rock types that host the major deposits within the Golden Triangle. Major regional structures that play important roles in the genesis of these deposits are also present at Treaty Creek. However, I don’t believe this area has yet been recognized internationally for its vast exploration potential, as the majority of the discoveries have been made by the junior exploration companies. Most of the world-class precious and base-metal deposits that lie within or very close to the populated areas of the world have already been discovered. That leaves the less-populated areas such as the Golden Triangle. Pretium serves as an example of how a world-class gold deposit can be discovered, drilled-off, permitted, developed and constructed, all within seven years.
The Qualified Person, as defined in NI 43-101, responsible for the technical content of this document is Jeffrey D. Rowe, B.Sc., P.Geo.