The Eskay North Project

Tudor Gold Corp.’s wholly owned 1,298 hectare Eskay North project lies approximately 2 km north of the Main past producing Eskay Creek mine portal. The Eskay North project lies in the centre of the Iskut- Sulphurets gold camp in the Unuk River valley. The exploration target is known as the contact unit, which is an areally restricted basal member of rhyolite-mudstone breccia (the "transition zone") that grades into a widespread upper member of carbonaceous mudstone. The entire contact unit ranges from less than 1 to more than 60 metres thick. The upper member is carbonaceous, pyritic and locally tuffaceous, laminated black mudstone. The contact unit can be correlated with the unnamed lower member of the Lower-Middle Jurassic Salmon River Formation (Hazelton Group). It is the host to most of the mineralization in the 21 zone on the Eskay Creek Mine property (21A and 21B deposits) (Exploration in British Columbia 1989). As traced by diamond drilling the entire 21 zone extends 1400 metres along strike, 250 metres downdip and is from 5 to 45 metres thick. It is open to the northeast and downdip. Mineralization in the contact unit is dominantly comprised of sphalerite, tetrahedrite and possibly boulangerite with varying amounts of galena and chalcopyrite. Alteration minerals are again chlorite, muscovite, quartz and calcite. Mineralized textures vary from crudely banded massive sulphides to thick and thin sulphide bands intercalated with mudstone. From start up in 1995 to its closure in March 2008, the Eskay Creek Mine property has produced more than 100 tonnes of gold and 5000 tonnes of silver (>3m ounces of gold grading 48.4g/t Au and >160m ounces of silver grading 2,221g/t Ag - BC Ministry of Mines Minfile 104B008).

 

There are no known resources or reserves on the Eskay North Project. In addition, the presence of gold deposits on properties adjacent to or in close proximity to the Eskay North property is not necessarily indicative of the gold mineralization on the Eskay North property.

 

This page contains forward-looking statements. Please see the following link: Legal.