TUDOR GOLD Corp. (the “Company” or “TUDOR GOLD”) is pleased to announce that field crews have commenced drilling on a 1,000 m. diamond drill program at the Electrum property, which is situated in the Golden Triangle area, Skeena Mining Division of British Columbia. TUDOR GOLD has a 60% joint venture interest in the Electrum property and its partner American Creek Resources Ltd. has a 40% interest.TUDOR GOLD is the operator for the project.
The Company reserves the right for up to a 25% over-subscription, subject to regulatory approval. This financing is subject to the approval of the TSX Venture Exchange. The proceeds from the financing will be used primarily for exploration of the Company’s Treaty Creek property and for general working capital.
