TUDOR GOLD Appoints Raul Sanabria as Exploration Manager; CHF Capital Markets retained for Investor Relations
Raul has more than 16 years of progressive experience in the mining and exploration industry worldwide, having worked in Europe, West Africa, Canada and in several countries of Central and South America mainly in precious metals, in a wide range of geological settings and deposit types. He also explored for base metals, Mississippi Valley F-(Zn-Pb), uranium, iron ore, amongst others during his career, and successfully discovered and advanced several projects. He had been leading the exploration teams that drilled and discovered Copper Belle Au-porphyry (0.7 gpt Au over 270m) and in the GR2 high grade Au-Ag intermediate sulphidation epithermal system both in the Golden Triangle now known as the Treaty Creek Property, near Stewart, BC, one of TUDOR GOLD’s key properties. He also discovered the Treasure Property (orogenic lode-gold deposits) in Red Lake, Ontario, re-interpreted the geology of the Vetas alkalic gold system and the very rich Santa Ana silver mines, both in Colombia.
He was the former Chief Geologist for Red Eagle Exploration (a subsidiary of Red Eagle Mining, Colombia), and former VP Exploration of American Creek Resources, G4G Resources, Northern Iron Corp, and Principal Geologist and CEO for Condor Precious Metals Inc. Raul is thrilled to be back working in B.C. with TUDOR GOLD in a prolific mining camp, the home of two of his discoveries.
Walter Storm, CEO of TUDOR GOLD said, “We are excited to have engaged Raul Sanabria to work with TUDOR GOLD. Raul has the perfect background to advance our projects because of his extensive work on the TUDOR GOLD properties and his discoveries at the Copper Belle and GR2. We particularly like his thinking outside-the-box perspective in exploration.”
CHF Capital Markets Retained for Investor Relations
The Company has engaged CHF Capital Markets (“CHF”), a highly regarded Canadian firm headquartered in Toronto, as its investor relations partner.
Effective immediately, the services agreement with CHF (the “Agreement”) is for an initial three-month period (the “Term”). Pursuant to the Agreement, CHF will notably conduct on behalf of the Company (the “Services”), in exchange for an aggregate fee of $16,350, an investor relations outreach program (including road shows), a feature article about TUDOR GOLD in its newsletter, social media outreach, and periodic communications with brokers and Company shareholders. The Parties will consider entering into another service agreement following the initial three months of the Term. The Agreement remains subject to regulatory approval.
Mr. Walter Storm, President & CEO of TUDOR GOLD, commented, “We are pleased to retain CHF, as a firm with extensive knowledge of the mining industry and experience with Canadian capital markets. We look forward to working with CHF in the further development of our investor relations activities.”
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.