Treaty Creek

NEW! Link to presentation given at the MEG conference by Raul Sanabria.

Treaty Creek Site

The 17,130 hectare Treaty Creek Project borders Seabridge Gold Inc.’s KSM property to the southwest and borders Pretium Resources Inc.’s Valley of the Kings project to the southeast. The past producing Eskay Creek mine lies 12 km west of the Treaty Creek property and the Snowfield deposit is located approximately 8 km south, southwest of the Treaty Creek property. The KSM project (reserves of 38.2 million ounces of gold – www.seabridgegold.net) and Snowfield Project (25.9 million contained ounces of gold in the measure and indicated categories – www.pretivm.com) are among the world’s largest undeveloped gold projects, while the Valley of the Kings deposit (6.9 million ounces of gold – www.pretivm.com) currently ranks as the world’s  highest grade gold deposit in the commissioning phase (Mining News Feb. 1, 2016). In June of 2016, Tudor acquired a 60% interest in the Treaty Creek. American Creek Resources Ltd. (TSXV-AMK) and Teuton Resources Corp. (TSXV-TUO) each hold a 20% interest carried through to a production decision. The property is subject to 3% NSR royalties. There are no known resources or reserves on the Treaty Creek property and the presence of mineral deposits on properties adjacent to or in close proximity to the Treaty Creek property is not necessarily indicative of mineralization on the Treaty Creek property.

 

Advanced Drill Targets – Copper Belle and GR2

The last year of exploration diamond drilling on the Treaty Creek Property was 2009 when a total of 9,451.06 meters was completed. Drilling on the GR2 zone is confined to a relatively small area roughly 220 meters wide, 250 meters long to depths of 400 meters. From 2007, a total of 20 drill holes comprising 5,378.27 meters were reported at the GR2 zone, with 18 of those holes returning significant values. In total, 27 drill holes totaling 7,521.04 meters have been drilled at Copper Belle, within a roughly 300-meter-wide-by-300-meter-long area to depths of 500 meters. Of the 27 drill holes at Copper Belle, 19 returned significant values. Hole CB-09-14 (241 meters grading 0.8 gram per tonne gold) is the most-northwesterly hole drilled on this zone.

 

Copper Belle Significant Drill Results

 

Hole No #

 

From (m)

To

(m)

Length

(m)

Au

g/t

CB‐09‐03

 

5

84

79

0.43

CB‐09‐06

 

4.7

70

65.3

0.84

CB‐09‐07

 

15

75

60

0.67

CB‐09‐08

 

4

118

114

0.48

CB‐09‐09

 

3

137

134

0.40

CB‐09‐10

 

119

331

212

0.47

CB‐09‐11

 

41

270

229

0.52

CB‐09‐14

 

114

355.7

241.7

0.80

CB‐09‐15

 

88

164

76

0.63

CB‐09‐16

 

287

336

49.19

0.76

TC07‐07C

 

2.44

48.76

46.23

0.83

TC07‐09C

 

2.44

41

38.56

1.17

TC07‐11C

 

2.43

73

70.57

0.76

TC07‐15C

 

2.43

72.5

70.07

0.66

TC07‐17C

 

1.82

32

30.18

1.32

TC07‐19C

 

2.43

78.5

76.07

0.93

TC07‐21C

 

2.43

43.5

41.07

1.11

TC07‐21C

 

127

171

44

0.82

TC07‐23C

 

5

70

65

0.81

TC07‐30C

 

3.04

48.5

45.46

0.81

All widths are downhole intervals as there has been inadequate drilling to determine true width

 

GR2 Significant Drill Results

 

GR2‐09‐01

89.45

90.65

1.2

 

1008.0

 

 

 

GR2‐09‐01

332.8

335

2.2

8.23

 

 

 

 

GR2‐09‐02

368.5

377.6

9.1

2.83

 

 

 

 

GR2‐09‐03

214

214.9

0.9

0.93

178.0

0.15

5.62

3.69

GR2‐09‐04

244.4

244.8

0.4

1.80

222.0

1.00

4.73

3.65

GR2‐09‐04

256.2

256.65

3.9

0.47

146.1

 

3.81

2.18

GR2‐09‐04

259.2

270.65

11.45

2.25

 

 

 

 

GR2‐09‐06

273.9

274.6

0.7

0.83

351.0

 

16.32

9.34

GR2‐09‐07

264

278.5

14.5

5.44

 

 

 

 

TC07‐24GR2

208.7

215.5

6.8

1.40

93.9

0.27

4.41

2.59

All widths are downhole intervals as there has been inadequate drilling to determine true width

 

The proposed development activities for Seabridge’s KSM Project call for a combined 23 km tunnel for slurry delivery to the processing plant site located at the upper reaches of the Tiegen Creek Valley (“Mitchell Treaty Tunnel (MTT)”) and a 14 km gravel road that would allow material to be trucked to the paved Cassiar highway (Highway 37). In addition, road access to Mitchell Creek itself would be provided by a 34 km continuation of the Eskay Creek Mine access road. Approximately, 12.2 km of the proposed MTT will pass through the Treaty Creek property. In 2011, a magnetotelluric survey contracted by Seabridge was completed along the trace of the proposed MTT and the survey identified additional targets on the Treaty Creek Property.

Link to presentation given at the MEG conference by Raul Sanabria.

Please refer to the technical report entitled "Technical Report on the Treaty Creek Property" dated May 21, 2016, a link to which is provided  here.

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