Tudor Gold Announces Positive Results from Initial Metallurgical Testing for the High-Grade Gold Supercell-One Complex Within the Goldstorm Deposit, at Treaty Creek, Located in the Heart of the Golden Triangle, British Columbia
Tudor Gold Announces Positive Results from
Initial Metallurgical Testing for the High-Grade
Gold Supercell-One Complex Within the
Goldstorm Deposit, at Treaty Creek, Located
in the Heart of the Golden Triangle, British
Columbia
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2025) - Tudor Gold Corp.
(TSXV: TUD)
(FSE: H56) (OTC Pink: TDRRF)
(the "
Company
" or "
Tudor
") is pleased to announce initial results
from ongoing metallurgical test work on the high-grade gold Supercell-One Complex (SC-1), located at
the Treaty Creek Project situated within the Golden Triangle of British Columbia.
The initial metallurgical
results of the SC-1 composites follow the highly successful initial metallurgical results of the CS-600
Sub-Domain which were released in the company's press release dated
October 24, 2024
and
highlighted in this press release below.
The SC-1 Complex was discovered during the 2024 drill campaign. This discovery demonstrates
significant additional economic potential for the Treaty Creek Project.
The SC-1 Complex is peripheral
to the CS-600 copper-gold domain and is best described as a series of sub-parallel, intermediate- to
low-sulphidation breccia structures that overprint the Goldstorm gold-copper-silver porphyry deposit. The
structures are superimposed over and cut through the CS-600 copper-gold domain as a late-stage
event.
The SC-1 Complex is comprised of four distinct breccia structures: SC-1A, SC-1B, SC-1C and
SC-1D.
While SC-1B carries high-grade copper and silver mineralization, in addition to gold
mineralization, it is the only structure that is considered polymetallic. The other three structures, SC-1A,
SC-1C and SC-1D are all high-grade gold systems.
Highlights from the results of the two lowermost structures
, SC-1C and SC-1D
include:
Flotation recoveries of up to 85.1% gold were achieved.
Flotation testing confirmed that a salable concentrate from the SC-1C and SC-1D auriferous
quartz-pyrite breccia structures produced a concentrate
grade of 33.6 g/t gold.
Results from the SC-1C and SC-1D structures complement the recently reported metallurgical testing on
the
Lower CS-600 Sub-Domain
, which returned:
Flotation recoveries
within the Lower CS-600 sub-domain
returned up to 88.1% copper,
63.8% gold, and 51.3% silver.
Flotation testing confirmed that a high-grade copper concentrate with significant quantities of gold
can be produced from the Lower CS-600 Sub-Domain that exceeds
29% copper with
significant gold and silver grades of 33 g/t and 96 g/t
, respectively.
The samples reported in this press release are from the 2024 drill campaign and were selected from
representative composite samples of the SC-1C and SC-1D structures.
These sample locations and
compositions are outlined below in Figure 1.
SUPERCELL-ONE ZONE - GOLDSTORM DEPOSIT
Figure 1: Supercell-One Metallurgical Results Image
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Commenting on the results, Ken Konkin, President & CEO of Tudor Gold, stated
, "We are very
pleased with our preliminary metallurgical test results for two of the SC-1 structures that we believe hold
the greatest potential for making a substantial economic impact on the Project. This marks a significant
step forward in advancing the exploration and development of the high-grade-gold complex that may
lead to the 'mine within a mine concept' and represents a pivotal point generating a rejuvenation of a very
significant exploration target that could require a much smaller capital cost as a starter area for the
Treaty Creek Project. SC-1C is the largest structure, spanning up to 800 meters in length by 400 meters
in depth, that we believe can be effectively processed using standard metallurgical technology. All
structures are open in all directions. Most importantly, these initial findings demonstrate that a viable gold
concentrate could be generated from the largest breccia structures within the Supercell Complex.
Additionally, the original hole that intersected SC-1C (GS-22-134) contained 17 grains of fine-grained
visible gold, observed over 4.5 meters that averaged 20.61 g/t Au. Of importance to note, was that the
values in GS-22-134 had very consistent gold grades with no apparent 'nugget effect' that can often
occur within these types of systems. Given that we see visible gold in the core, a gravity-flotation system
is currently the best choice of beneficiation. However, Tudor's goal is to optimize and enhance
recoveries, and to increase concentrate grades through flotation technology. Further metallurgical
studies are also underway on the copper-gold-dominant CS-600 Domain, for which initial metallurgical
results were announced on October 24, 2024.
The metallurgical study showed that material extracted
from the CS-600 copper-gold domain can be processed with conventional flotation techniques to
produce a high-quality copper-gold concentrate. Looking forward, the focus in the near term is to
continue to investigate the SC-1C and SC-1D mineralized horizons, given that these appear to have the
best grade, width and continuity, to develop a multi-million ounce complex analogous to that of the Valley
of Kings Deposit at Brucejack Lake. The company is working on permitting for an exploration ramp to
best delineate the Supercell structures and test for additional mineralized structures along that vast un-
tested upper contact area of the CS-600 Domain."
Initial test work reported in this press release was carried out on material from two structures (SC-1C
and SC-1D) at the recently discovered SC-1 Complex, which is within the Goldstorm Deposit at the
Treaty Creek Project. Only fresh, non-oxidized, mineralized material was taken from SC-1D and SC-1C
and blended into a composite sample.
Previously collected high-grade samples were not tested in the
preliminary tests, ensuring that the test samples were not compromised by oxide minerals. The two
Supercell structures were blended as one composite and were subjected to mineralogy, gravity
(Knelson/Mozley), whole ore cyanidation, whole ore pressure oxidation ("POX") treatment, as well as
batch and locked cycle flotation testing. Initial results demonstrated flotation as the most economical and
simple method to recover gold and copper mineralization. Head assays of the two composites are listed
below in Table 1.
Table 1. Initial Head Assay Results from Composite Sample SC1-C and D
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From the SC1-C and SC-1D composites no gravity-recoverable gold was detected in these particlar
samples.
A significant portion of gold (42%) was found to be locked in sulphides.
The cyanide leach at a
primary grind of 75 microns recovered 46.8% gold.
Further testwork at a finer grind is currently
underway. Whole ore POX performed well, yielding over 91% gold extraction after 24 hours.
The use of flotation processes demonstrated very efficient gold recoverability, achieving impressive
recovery rates of 91-93% at the rougher stage with a primary grind of 75 microns.
A coarser primary
grind of 125 microns was also tested with no negative effects on the recovery.
Locked cycle testing
yielded 85% overall recovery, producing a saleable concentrate with gold content of 33.6 g/t. This
translates to a substantial five times increase in gold concentration with a 17% mass pull. However, the
cleaner concentrate contains some deleterious elements such as 0.8% arsenic, 0.3% antimony, 0.005%
bismuth, and 0.04% mercury. It is suspected some of the deleterious elements are tied up in the
tennanite/tetrahedrite minerals.
Further flotation test work is currently underway to improve overall
concentrate quality.
Locked Cycle Metallurgical Test Work and Results SC1-C and D
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Locked Cycle Test Flowsheet SC1-C and D
Figure 2: Source: SGS Canada (2025)
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The metallurgical program was carried out by SGS of Vancouver, B.C., which has been selected to
conduct further mineralogical assessment of the Goldstorm sample material. The metallurgical and
mineralogical work was conducted under the supervision of Travis O'Farrell, P. Eng of Fuse Advisors., a
Qualified Person as defined by NI 43-101. Mr. O'Farrell has reviewed this news release and agreed to
its contents.
Ken Konkin, P.Geo., President and CEO, Tudor Gold, is the Qualified Person, as defined by National
Instrument 43-101, responsible for the Project. Mr. Konkin has reviewed, verified, and approved the
scientific and technical information in this news release.
Standard QA/QC sampling procedures are maintained by SGS to ensure accurate and representative
testing.
About Treaty Creek
The Treaty Creek Project hosts the Goldstorm Deposit, comprising a large gold-copper porphyry
system, as well as several other mineralized zones. As disclosed in the
"NI-43-101 Technical Report for
the Treaty Creek Project", dated April 5, 2024 prepared by Garth Kirkham Geosystems and JDS Energy
& Mining Inc., the Goldstorm Deposit has an Indicated Mineral Resource of
27.87 Moz of AuEQ grading
1.19 g/t AuEQ (21.66 Moz gold grading 0.92 g/t, 2.87Blbs copper grading 0.18 %,
128.73 Moz silver
grading 5.48 g/t) and an Inferred Mineral Resource of 6.03
Moz of AuEQ grading 1.25 g/t AuEQ (4.88
Moz gold grading 1.01g/t, 0.503
Blb copper grading 0.15 %, 28.97
Moz silver grading 6.02 g/t), with a
pit constrained cut-off of 0.7
g/t AuEQ and an underground cut-off of 0.75
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 15.65 Moz AuEQ grading 1.22 g/t AuEQ (9.99 Moz gold grading 0.78 g/t,
2.73 Blbs copper grading 0.31%, 73.47 Moz silver grading 5.71g/t) and an Inferred Mineral
Resource of 2.86 Moz AuEQ grading 1.20 g/t AuEQ (1.87 Moz gold grading 0.79 g/t, 0.48 Blb
copper grading 0.29%, 13.4 Moz silver grading 5.63 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
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 Corporation's Brucejack 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
Patrick Donnelly
Vice President of Capital Markets
Phone: (604) 559 8092
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 connotation 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.
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https://www.newsfilecorp.com/release/242618