TUDOR GOLD Corp. (TSXV: TUD) (Frankfurt: TUC) (the “Company” or “TUDOR GOLD”) is pleased to announce the 2019 exploration plans for its flagship property, Treaty Creek Project (“Treaty Creek”) located in the Golden Triangle of Northwestern British Columbia.
The primary exploration target within Treaty Creek is the Goldstorm system. From the southwest corner of the Treaty Creek claims, which are bordering Seabridge’s claims, the Sulphurets Thrust Fault leads from Seabridge’s Iron Cap Deposit to the Tudor Gold Goldstorm system. This regional thrust fault sharply defines the hanging wall contact of both the Iron Cap Deposit and the Goldstorm zone. The Goldstorm zone is located five kilometers northeast of Seabridges’ Iron Cap Deposit.
The Goldstorm mineralized body can be traced for at least 500 meters along strike. The gold mineralization appears to be confined to the northwest by what appears to be the Sulphurets Thrust Fault, however gold mineralization remains open in all other directions and is it open to depth as well.
Ken Konkin, P.Geo. TUDOR GOLD’s Exploration Manager, provides details on Company’s exploration plans and objectives for Treaty Creek:
“For the 2019 exploration season we have planned 20 diamond drill holes totaling 14,000 meters of drilling, subject to the Company having sufficient cash resources to fund the ongoing program. TUDOR GOLD plans to use two diamond drill rigs. The first phase of drilling will include 3,600 meters of drilling with five planned drill holes. The goal is to trace-out the gold mineralization to the footwall contact and to continue drilling to extend the zone to the northeast 200 meters beyond drill hole CB18-39 (0.981 gpt Au over 563.8m) (See news release of November 26, 2018). The gold system appears to be at least 300 meters wide and at least 700 meters deep, however the strongest mineralized horizons occur near surface in the uppermost parts of the mineralized body. In order to fast-track the exploration process, step-out drilling along strike is proposed in 200 meter sections. We believe that this approach is the most efficient way to outline the size and shape of the target.”
Walter Storm, President and CEO stated, “We are fortunate to have someone with such vast geological experience as Ken Konkin as TUDOR GOLD’s Exploration Manager. Our management team is very confident with Ken’s abilities and he will personally manage all aspects of the drill program. His preliminary work has been outstanding in defining and prioritizing drill targets.”
Qualified Person
The Qualified Person for this news release for the purposes of National Instrument 43-101 is the Company’s Exploration Manager, Ken Konkin, P.Geo. He has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.
Contact Information
Catalin Kilofliski
Director Corporate Development and Communications
Phone:+1 604 559 8092
Email:[email protected]