TUDOR GOLD Corp. trenches 30,200 g/t silver at the new blast zone on the Electrum property
New Blast Zone results
|Analyte||Symbol||Au (g/mt)||Ag (g/t)||As (%)||Cu (%)||Pb (%)||Zn (%)|
|E903305||NBT01||vuggy central vein||2.57||866||0.02||0.033||4.37||0.062|
|E903306||NBT01||vuggy qtz vein||1.64||381||<||0.01||0.012||0.894||0.068|
|E903307||NBT01||fine grained galena||1.01||2670||0.08||0.33||31.4||1.86|
|E902451||NBT01||Qtz sulphide bx||0.212||30200||0.03||0.002||0.081||0.004|
|E902456||NBT01||Rk1 & Rk 2 contract||5.78||1020||0.13||0.523||5.47||7.51|
|E902459||NBT01||Rk type 1 ‘ore’||5.03||1500||0.1||0.456||7.95||15.2|
|E902462||NBT01||Rk type 2 footwall)||1.43||787||0.1||0.339||5.89||11.6|
|E902465||NBT01||massive sulphide (py)||0.296||46||0.05||0.002||0.011||0.011|
|E902467||NBT01||Rk type 3 (hanging wall)||1.68||922||0.02||0.018||2.61||0.06|
|E902468||NBT01||Qtz galena crystals||1.11||45||0.02||0.045||0.231||0.749|
Trenching continues with blasting on the Shiny Cliff vein mineralization. It has exposed mineralization which is similar in nature to that at the New Blast Zone. Blast rock samples from the Shiny Cliff area have been sent in for analysis.
Trenching and sampling is ongoing to see if the mineralization connects between the Shiny Cliff and New Blast. Based on the results, the Company intends on applying for a permit from the BC Ministry of Energy & Mines to remove a bulk sample of mineralized material from the Electrum property.
The bulk sample program is intended to investigate the metallurgical properties and determine mineralized grades. Walter Storm, President and CEO stated: “We are very pleased with the results of the work on the Electrum this summer as we have increased the known mineralized gold and silver zones.” The Electrum project (historical East gold mine) is located approximately 25 km south of Pretium’s Brucejack gold mine. The Electrum is road accessible and is only 45 km from world-class concentrate shipping port facilities located in Stewart.
Quality Assurance/Quality Control Analytical work for trench specimens are being carried out by Actlabs Kamloops, (Accredited Laboratory No. 790). Quality assurance and quality control programs include the use of analytical blanks and standards and duplicates in addition to the labs own internal quality assurance program. All specimens were first analyzed according to the following procedures.
- gold Au (0.005 – 10 ppm) by 30g Fire Assay / AA where Au >3 g/t, automatically analyse a new 250g reject split for Au by 50g Fire Assay / Gravimetric finish
- Ag (3 – 10,000 g/t) by 30g Fire Assay / Gravimetric finish
- Assay Grade, 0.5g Aqua Regia (Partial) Digestion with ICP-OES analysis for the following four elements and detection limits: As (0.01%), Cu (0.001%), Pb (0.003%), Zn (0.001%)
All samples were then treated by “Gold by Metallic Screen Fire Assay”. This entails a representative 1000g of pulverized sample sieved at 100 mesh (150 micron), with assays performed on the entire +100 mesh fraction and two splits of the -100 mesh fraction. A final assay is calculated based on the weight of each fraction.
The qualified person
The Qualified Person for the Electrum exploration program is Alex Burton, P. Eng., P. Geo. for the purposes of National Instrument 43-101.
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.