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 Corp. 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. In March 2021, Tudor published their INITIAL MINERAL RESOURCE ESTIMATE with 19.4 million ounces AuEq of 0.74 g/t AuEq (measured and indicated) and 7.9 million ounces AuEq of 0.79 g/t AuEq (inferred). 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.
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.
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 connation 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.