TUDOR GOLD Corp. (TSX.V: TUD) (the “Company” or “TUDOR GOLD”) is pleased to announce that blasted bedrock trenching on the Electrum property has expanded the high-grade silver-gold mineralization at the New Blast Zone.
The Electrum project is a joint venture between project operator TUDOR GOLD (60%) and American Creek Resources Ltd. (40% JV partner). It is located in the Golden Triangle, north of Stewart, B.C., a region known for its dynamic, large scale precious metal exploration and mining activities. The surface blasting program was started after the completion of the 2016 Electrum drill program, from which complete assay results are still pending and will be released once received and compiled. In total 19 drill holes, totaling 1,406 meters were completed. A total of 1492 core samples were collected and assayed. Standard sample interval was one meter with 0.25m sub samples collected to test contacts and anomalous intervals. A specialized diamond coring drill was utilized which has the capability to drill flat holes and provides the ability to drill targets of interest with more precision. Low angle drill geometry allows TUDOR GOLD to take advantage of mountainside geometry and follow the surface exposed mineralization down dip. Twelve representative specimens were collected across a central vein system on New Blast Zone. It is approximately 5 m wide and currently exposed for 15 meters along strike. The vein system is open in both directions and at depth. The central axis of the vein system is infilled with a fine-grained blackish, blue-grey mineralization. The northern contact of which is a 0.5m wide sharp edged quartz fragments in a foliated sulphide-quartz-carbonate matrix. The sulphides are pyrite, pyrrhotite, with thin galena/silver seams. The twelve representative specimens collected from the structure averages 3,461.92 grams (111.30 oz) silver per tonne and 2.24 grams gold per tonne. An 8 cm wide silver sulphide core seam returned 30,200 grams (1,065.3 oz) silver per tonne.
New Blast Zone results
| Analyte | Symbol | Au (g/mt) | Ag (g/t) | As (%) | Cu (%) | Pb (%) | Zn (%) | ||
|---|---|---|---|---|---|---|---|---|---|
| Detection Limit | Field | 5,00 | 3 | 0.01 | 0.001 | 3 | 1 | ||
| Analysis | Method | Trench | Description | FA-AA | FA-GRA | ICP-OES | ICP-OES | ICP-OES | ICP-OES |
| 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 | |
| E903308 | NBT01 | ‘gouge’ | 4.67 | 3070 | 0.11 | 0.035 | 18 | 0.105 | |
| E902451 | NBT01 | Qtz sulphide bx | 0.212 | 30200 | 0.03 | 0.002 | 0.081 | 0.004 | |
| E902454 | NBT01 | Qtz vein | 1.49 | 36 | 0.03 | 0.021 | 0.183 | 0.2 | |
| 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.