TUDOR GOLD Hires Ken Konkin, P.Geo. as Exploration Manager
Vancouver, British Columbia–(Newsfile Corp. – January 7, 2019) – TUDOR GOLD Corp. (TSXV: TUD) (FSE: TUC) (the ‘Company’ or ‘Tudor Gold’) announces the hiring of Mr. Ken Konkin, P.Geo. as Exploration Manager. Mr. Konkin will oversee exploration of Tudor Gold’s flagship property, Treaty Creek, as well as several other Tudor Gold properties located within the prolific Eskay-Sulphurets-Premier gold belt. The Treaty Creek property adjoins to the north of Pretium Resources’ Brucejack-Snowfield property and Seabridge Gold’s KSM property, along the geological trend. Drilling at Treaty Creek in 2018 was very successful, especially the final hole which returned a significant intercept of 0.981 g/t gold over 563.8 meters.
Mr. Konkin has over 35 years of geological experience throughout North and South America as well as Russia. Ken Konkin worked for Silver Standard for 19 years and managed advanced exploration programs at Manantial Espejo (Argentina), San Luis and Berenguela (Peru) as well as Snowfields (Pretium) in the Golden Triangle, BC. Mr. Konkin was appointed the Project Manager for Pretium Resources after it purchased the Snowfields-Brucejack Project from Silver Standard in 2010. Subsequently, he was instrumental in the discovery of The Valley of Kings deposit at the Brucejack Lake Mine, an 8 million ounce gold deposit currently in production. He spent seven years managing all aspects of the exploration programs at Snowfield-Brucejack. During his tenure with Pretium, the company received the Bill Dennis Award in 2013 for a Canadian discovery (presented by the Prospectors & Developers Association of Canada); Mr. Konkin was also the co-recipient of the prestigious H.H. ‘Spud’ Huestis Award for ‘excellence in prospecting and mineral exploration in B.C. and/or Yukon’ in 2017.
Mr. Konkin states: ‘I’m very excited about being given the opportunity to work with Tudor Gold Corp on all its projects within the Golden Triangle. I look forward to building an exploration team that is capable of fast-tracking and advancing the status of each project as quickly as possible. We will begin immediately with detailed examination of the recent drill results obtained from the 2018 Treaty Creek diamond drill program as well as all the historical drill results for the Treaty Creek Project. The goal is to ‘flesh-out’ a sizeable gold deposit at Treaty Creek. In the coming months we will examine drill core in order to determine controls for the gold mineralization and potential pathways for the mineral source. From these studies we will lay out a comprehensive exploration program for 2019 that will include the recommendation of continued diamond drilling. Clearly, when any drill hole program ends on such a positive note as it did for Tudor Gold (Hole CB 18-39 averaged 0.981 g/t gold over 563.8 meters) it makes for a very exciting start to the next round of drilling, particularly when the hole bottomed in gold mineralization. Furthermore, Tudor has several very promising gold, silver and polymetallic projects at varying stages of exploration that we will examine this year as well. I thank Walter Storm for this opportunity to work with the Tudor Gold team and provide some of my knowledge from previous years of working in this region.’
President and CEO of Tudor Gold, Mr. Walter Storm, commented as follows: ‘I am delighted to welcome Mr. Ken Konkin to Tudor Gold. He is an outstanding choice to be our Exploration Manager and he brings to us his vast knowledge of the entire Golden Triangle region. The timing for this was perfect as Ken recently has moved back to Canada from Peru.’
Mr. Konkin will manage exploration programs for all of Tudor Gold’s projects located within the Golden Triangle in northwestern British Columbia. Mr. Konkin initially began his geological career working in the Stewart Area as a geological student during the early 1980’s. He received a Bachelor of Science degree in Geology from the University of British Columbia in 1984 and continued working in the Stewart region for several exploration companies in the 1980’s and 1990’s.
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. The Company also has a 100% interest in the Crown Project, earn in options and 100% interests in other prospective projects located in the Golden Triangle area.
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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.