ORION PROJECT

 

 

The 3,154.5 hectare Orion property is located west of Tudor Gold Corp’s recently acquired Delta/Fairweather properties and immediately south of Tudor Gold Corp’s High North property in the Skeena Mining division approximately 50 km north-northwest of Stewart, British Columbia.

 

The Orion property has been subjected to intermittent prospecting programs from 1995 to 2007 and a small diamond drill program in 2007. A float sample collected in 2006 on the Orion property returned 6.02 grams gold per tonne gold and 20.3 grams silver per tonne but its source could not be determined. The eastern portion of the Orion property hosts the Cat-in-the-Hat showing where a 1994 trench returned 2.2 gram gold per tonne and 1.36% arsenic over 13 meters and grab samples returned from 10 parts per billion (“ppb”) gold to 47.5 grams gold per tonne (BC Ministry of Mines Assessment Report 23885). A five hole diamond drill program targeting the Cat-in-the-Hat showing was completed in 2007. Holes OR2007-1 and 2 were drilled from the same site and returned significant mineralization (see table below), while three holes drilled approximately 100 meters to the east from the same drill pad failed to encounter any significant mineralization.

2007 - Orion Diamond Drill Results

Drill Hole

From (m)

To (m)

Interval* (m)

Arsenic (ppm)

Gold (g/t)

OR2007-01

6.8

12.8

6.0

1681

0.72

20.4

23.4

3.0

6176

2.88

OR2007-02

75.3

78.3

3.0

1952

0.52

96.6

99.6

3.0

3853

0.78

Teuton Resources Corp. Press Release dated February 28, 2008. All intervals are downhole intervals as true widths have not been determined. This exploration was completed prior to Tudor's involvement in the Orion project and Tudor has not independently verified the assay results or the geological information provided. The historical information provided, although considered reliable and relevant, may be subject to future correction and should not be relied upon.

 

Tudor is earning a 100% interest in the property by making option payments totaling $700,000 over a five year period, and the issuance of up to 700,000 shares in the capital of the Company over a five year period. The property is subject to a 2½% NSR royalty.

 

Richard Graham, B.Sc., P.Geol, a Qualified Person as defined in NI 43-101, has approved the foregoing disclosure on the Orionhttp://tudor-gold.com/ Project.

 

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