Vancouver, British Columbia- February 11, 2021 – Tudor Gold Corp. (TSXV: TUD) (FSE: TUC) (the “Company” or “Tudor Gold”) is pleased to announce the appointment of Mr. Ken Konkin to the Board of Directors. Mr. Konkin, who is Vice President Exploration and Project Development for Tudor Gold, has over 35 years of geological experience throughout North and South America, as well as Russia. Ken worked for Silver Standard for 19 years and managed advanced exploration programs at Manantial Espejo (Argentina), San Luis and Berenguela (Peru), as well as Snowfields in the Golden Triangle of BC, Canada. Mr. Konkin was appointed the Project Manager for Pretium Resources after it purchased the Snowfields-Brucejack Project from Silver Standard in 2010. Subsequently, he was instrumental in the discovery of the Valley of the Kings deposit at the Brucejack Mine, an 8 million ounce gold deposit that is currently in production. He spent seven years managing all aspects of the exploration programs at Snowfield-Brucejack. During his tenure with Pretium, the company received the Bill Dennis Award in 2013 in recognition of a significant Canadian discovery (presented by the Prospectors & Developers Association of Canada). Mr. Konkin was also the co-recipient of the prestigious H.H. ‘Spud’ Huestis Award in 2017 for ‘Excellence in prospecting and mineral exploration enhancing mineral resources in B.C. and/or Yukon’.
The Company also wishes to announce the resignation of Mr. Alex Burton as a Director of the Company, effective February 9. The Company thanks Mr. Burton for his strong support and valuable geological contributions since 2016. In the future Mr. Burton will provide consulting services for the company.
Walter Storm, President and Chief Executive Officer of Tudor Gold stated: “We are very pleased to welcome Ken Konkin to our Board of Directors. Ken has been instrumental in the extraordinary exploration success at our Treaty Creek property since he joined the Company in early 2019. We believe Ken will add considerable value and strength to our Board and we look forward to working with him to advance the Treaty Creek Project and build value for our shareholders. We want to thank Alex Burton for his professional advice to Tudor Gold and the introduction of the Treaty Creek Project to us back in 2016.”
Contact Information
Carsten Ringler
Head of Investor Relations and Communications
Phone:+49 151 55362000
Email:carsten.ringler@tudor-gold.com
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Cautionary Statements regarding Forward-Looking Information
This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. “Forward-looking information” includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including the completion and anticipated results of planned exploration activities. Generally, but not always, forward-looking information and statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved” or the negative connotation thereof.
Such forward-looking information and statements are based on numerous assumptions, including among others, that the Company’s planned exploration activities will be completed in a timely manner. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.
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. Important factors that could cause actual results to differ materially from the Company’s plans or expectations include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and 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 results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.
The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.
