Tudor Gold Announces Change to Board of Directors
Tudor Gold Announces Change to Board of
Directors
Vancouver, British Columbia--(Newsfile Corp. - June 20, 2023) - Tudor Gold Corp.
(TSXV: TUD) (FSE:
H56)
("
Tudor Gold
" or the "
Company
") is pleased to announce the appointment of Mr. Jeff Rowe to the
board of directors of the Company. Additionally, the Company announces that Mr. Sean Pownall has
resigned as director of the Company but has agreed to serve as a valued member of the Advisory
Board.
Mr. Rowe, P.Geo. has specialized in mineral exploration for more than 40 years, focusing on precious
and base metals, primarily in British Columbia, the Yukon, and Mexico. Mr. Rowe was employed by
Cordilleran Engineering Ltd. for more than 15 years and subsequently joined C.J. Greig & Associates
Ltd., a geological consulting services team highly regarded for its technical expertise. Through these
associations he has provided professional assistance to a number of public companies, including
geological field work, property evaluations and technical reports. In particular, Mr. Rowe was involved in
the discovery of the Silvertip deposit in northern BC, one of the highest-grade silver-zinc-lead operations
in the world currently owned by Coeur Mining, as well as the discovery and development of the Elk
deposit in southern BC, a high-grade gold vein system that produced direct-smelter-shipping ore from
open pit excavations in the 1990's, currently being developed by Gold Mountain Mining Corp.
Mr. Rowe has been involved with the exploration programs conducted by the Company and its spinoff
company, Goldstorm Metals Corp., since 2017.
Ken Konkin, President and CEO, comments,
"It is my pleasure to welcome the addition of Jeff Rowe
to the company's board of directors. We are delighted to have Jeff join our team, and eagerly anticipate
his valuable contributions in his new role with the board as we continue to advance our Treaty Creek gold
and copper project.
I would also like to take this opportunity to express my gratitude towards Sean
Pownall for his significant contributions to the Company. I look forward to continuing my working
relationship with Sean as he becomes a member of the Advisory Board."
About Treaty Creek
The Treaty Creek Project hosts the Goldstorm Deposit, a large gold-copper porphyry system, as well as
several other mineralized zones. As disclosed in the March News Release, the Goldstorm Deposit has
an Indicated Mineral Resource (as defined in NI 43-101) of 23.37 Moz of AuEQ grading 1.13 g/t AuEQ
(18.75 Moz gold grading 0.91 g/t, 2.18 Blbs copper grading 0.15 %, 112.4 Moz silver grading 5.45 g/t)
and an Inferred Mineral Resource (as defined in NI 43-101)
of 7.35 Moz of AuEQ grading 0.98 g/t AuEQ
(5.54 Moz gold grading 0.74 g/t, 0.85 Blb copper grading 0.16 %, 45.08 Moz silver grading 5.99 g/t),
with a pit constrained cut-off of 0.5 g/t AuEQ and an underground cut-off of 0.7 g/t AuEQ. The Goldstorm
Deposit has been categorized into three dominant mineral domains and several smaller mineral
domains. The CS-600 domain largely consists of an intermediate intrusive stock and hosts the majority
of the copper mineralization within the Goldstorm Deposit. CS-600 has an Indicated Mineral Resource of
9.86 Moz AuEQ grading 1.10 g/t AuEQ (6.22 Moz gold grading 0.70 g/t, 1.98 Blbs copper grading 0.32
%, 51.1 Moz silver grading 5.71 g/t) and an Inferred Mineral Resource of 3.71 Moz AuEQ grading 1.19
g/t AuEQ (2.32 Moz gold grading 0.75 g/t, 0.76 Blb copper grading 0.36 %, 18.71 Moz silver grading
6.01 g/t). The Goldstorm Deposit remains open in all directions and requires further exploration drilling to
determine the size and extent of the deposit.
About Tudor Gold Corp.
Tudor Gold Corp. is a precious and base metals exploration and development company with claims in
British Columbia's Golden Triangle (Canada), 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 Newmont's
Brucejack Mine property to the southeast.
ON BEHALF OF THE BOARD OF DIRECTORS OF TUDOR GOLD CORP.
"Ken Konkin"
Ken Konkin
President and Chief Executive Officer
For further information, please visit the Company's website at
www.tudor-gold.com
or contact:
Chris Curran
Head of Corporate Development and Communications
Phone: (604) 559 8092
E-Mail:
or
Carsten Ringler
Head of Investor Relations and Communications
Phone: +49 151 55362000
E-Mail:
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.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/170714