TUDOR GOLD retains P&E Mining Consultants for technical assistance at Treaty Creek
VANCOUVER, BC, April 16, 2019 – Tudor Gold Corp. (TSXV: TUD) (Frankfurt: TUC) (the “Company” or “Tudor Gold”) is pleased to announce that the Company has retained P&E Mining Consultants Inc. (“P&E”) of Brampton, Ontario for assistance in planning the upcoming 2019 drilling season, with a view to eventually compiling an initial Mineral Resource Estimate pursuant to National Instrument 43-101 for the 60% company owned Treaty Creek Property in northwestern British Columbia.
P&E Mining Consultants Inc., established in 2004, provides geological and mine engineering consulting reports, Mineral Resource Estimate technical reports, Preliminary Economic Assessments and Pre-Feasibility Studies. P&E undertook the initial Mineral Resource Estimate for Pretium Resources Inc.’s Brucejack Property and the resulting Technical Report that supported the $100M IPO.
Ken Konkin, Tudor Gold’s Exploration Manager stated, “I have had the pleasure of working with Mr. Eugene Puritch, P. Eng, FEC and President of P&E Mining Consultants Inc. and his team of professional geologists and professional engineers on several projects in North and South America. P&E Mining Consultants specialize in geological modeling and mine design and their work is of the highest standards. I look forward to working again with Eugene and his geo-scientists and engineers in order to determine the optimum drill hole spacing required for the drill program. Our goal is to fast-track the exploration program at Treaty Creek during this summer adding value to Tudor’s Goldstorm target in the most efficient and economic methods possible. Once drilling begins, P&E Mining Consultants will conduct a site visit and complete a project review.”
About P&E Mining Consultants Inc.
P&E’s more than 20 associates have experience in geological interpretation, 3D geologic modeling, technical report writing, Mineral Resource and Mineral Reserve Estimates, property evaluations, mine design, production scheduling, operating and capital cost estimates and metallurgical engineering. In addition, the company is affiliated with major Canadian based consulting firms for the purposes of joint venturing on Feasibility Studies. Their experience covers over 350 technical reports on diamonds, most metallic deposits including gold, silver, base metals, PGM and iron for both open pit and underground deposits. P&E Mining Consultants Inc. operates under Certificates of Authorization from the provinces of Ontario, Newfoundland, NWT/Nunavut and Saskatchewan. Associates are also licenced in the provinces of British Columbia, Quebec and New Brunswick.
About TUDOR GOLD
TUDOR GOLD is a precious and base metals explorer with properties in British Columbia’s Golden Triangle, 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 Pretium Resources Inc.’s Brucejack property to the southeast. The Company also has a 100% interest in the Electrum Project, earn in options and 100% interests in other prospective projects located in the Golden Triangle area.
Cautionary Statements regarding Forward-Looking Information
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially.
All statements other than statements of historical fact included in this release, including, without limitation, statements regarding analysis and re-interpretation of data, and potential mineralization and geological merits of the Treaty Creek Project and other future plans, objectives or expectations of the Company are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are based on a number of material factors and assumptions. Important factors that could cause actual results to differ materially from Company’s expectations include actual exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or other risks detailed herein and from time to time in the filings made by the Company with securities regulators. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ from those described in forward-looking statements, there may be other factors that cause such actions, events or results to differ materially from those anticipated. There can be no assurance that forward-looking statements will prove to be accurate and accordingly readers are cautioned not to place undue reliance on forward-looking statements. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.