Tudor GOLD Confirms Presence of Substantial New GOLD Zone at Treaty Creek Property IN Golden Triangle
NEWS RELEASE
TUDOR GOLD CONFIRMS PRESENCE OF SUBSTANTIAL NEW GOLD ZONE AT TREATY
CREEK PROPERTY IN GOLDEN TRIANGLE
VANCOUVER, BC, January 31, 2019 - Tudor Gold Corp. (TSXV: TUD) (Frankfurt: TUC) (the
"Company" or "Tudor Gold") is pleased to announce the designation of the new gold zone at Treaty
Creek which has been named “Goldstorm”. It was previously thought that gold mineralization
identified by dri lling northeast of the Copper Belle Zone was simply a northeast extension of that
same zone, but after evaluating drill hole data from holes completed in 2016, 2017 and 2018, it
appears that the mineralization encountered to the northeast of Copper Belle has different
characteristics, configuration and geometry. While it is unclear whether the zones are genetically
linked, these zones are physically separate. The surface drill hole location map at the end of this
news release shows the location of both gold zones.
Tudor Gold Exploration Manage r, Ken Konkin explains: “Goldstorm is a much larger system than
Copper Belle, it is at least 300m wide and extends vertically for over 700m. The zone has been traced
for approximately 500 meters along a northeastern azimuth. Gold mineralization appears to be
continuing towards the northeast and southeast and clearly becomes stronger in the northernmost
hole, CB18-39 which returned 563.8 meters of 0.981 grams per tonne gold. The upper portion of CB18-
39 averaged 1.141 gpt gold over 280.5 meters and a lower z one in the same hole averaged 1.154
grams per tonne gold over 156 meters. This hole bottomed in mineralization and we will look at the
option of re-entering the hole this year in attempts to extend the mineralization deeper. But the primary
focus will be to extend the Goldstorm Zone along strike to the northeast and to the southeast as well.
Over the coming months, we hope to gain a better understanding of aspects that control gold
mineralization. Re-examination of drill hole information has revealed the p resence of a northwest
dipping thrust fault that appears to define the upper contact of the Goldstorm system. The relationship
of this fault to the formation of the mineral zone is an aspect of further study, as are the various styles
of sulphide mineralization, silicification and alteration. Compilation and evaluation of this data will help
in planning for the drilling campaign to be undertaken in the up-coming exploration season.”
The following table gives gold composite values over broad intervals from four drill hole sections that
cut the Goldstorm Zone, incorporating results from diamond drill holes completed during 2016, 2017
and 2018. Low -grade gold mineralization occurs as a broad envelope which contains a horizon of
stronger gold mineralization in the upper portion of the system. Furthermore, the drill hole sections
demonstrate what appears to be the presence of a second, lower gold horizon. The corresponding
sections 108+00 NE, 109+00 NE, 110+00 NE and 111+00 NE are displayed at the end of this new s
release.
Table I: Sections 108+00NE, 109+00NE, 110+00NE and 111+00NE Gold Composites
Section Drill Hole
From
(m) To (m) Intercept (m) Gold Grade (gpt)
108+00NE CB17-09 41.0 545.0 504.0 0.488
including 41.0 200.0 159.0 0.708
CB17-12 3.0 243.5 240.5 0.797
including 33.0 224.0 191.0 0.923
CB17-24 3.5 563.0 559.5 0.576
including 62.0 275.0 213.0 0.945
CB18-32 196.5 783.5 587.0 0.497
including 196.5 316.5 120.0 1.045
CB18-36 659.5 772.0 112.5 0.454
including 659.5 704.5 45.0 0.778
including 682.0 703.0 21.0 1.035
CB18-38 20.5 635.0 614.5 0.430
including 248.5 353.0 104.5 0.691
and 468.5 638.0 169.5 0.659
109+00NE CB16-03 88.0 708.0 620.0 0.534
including 112.0 426.0 314.0 0.733
CB17-04 152.1 327.0 174.9 0.804
CB17-27 12.5 536.0 523.5 0.640
including 12.5 350.0 337.5 0.762
CB18-31 404.0 680.5 276.5 0.494
including 481.0 597.0 116.0 0.732
CB18-33B 599.0 623.0 24.0 0.367
TABLE 1
(CONTINUED)
110+00NE CB17-06 182.5 589.5 407.0 0.675
including 222.0 393.5 171.5 0.814
CB17-07 99.5 530.0 430.5 0.625
including 162.5 309.5 147.0 1.028
CB18-37B 125.0 819.5 694.5 0.457
including 300.5 423.5 123.0 0.949
111+00NE CB18-39 141.5 705.3 563.8 0.981
including 141.5 422.0 280.5 1.141
including 539.0 695.0 156.0 1.154
DDH's CB17-06, CB17-07, CB17-09 and CB18-39 all ended in significant gold
mineralization
* All assay values are uncut and intervals reflect drilled intercept lengths.
* True widths of the mineralization have not been determined.
QA/QC
In 2016 and 2017, drill core samples were prepared and analyzed at Activation Laboratories Ltd. in
Kamloops, BC. In 2018, drill core samples were prepared ALS Global’s Preparation Laboratory in
Terrace, BC and assayed at ALS Global’s Geochemical Laboratory in North Vancouver, BC.
Analytical accuracy and precision are monitored by the submission of blanks, certified standards and
duplicate samples inserted at regular intervals into the sample stream by Tudor Gold personnel.
Activation Laboratories and ALS Global Laboratories quality systems comply with the requirements
for the International Standards ISO 17025: 2005.
QP
The Qualified Person for this new release for the purposes of National Instrument 43 -101 is the
Company’s Exploration Manager, Ken Konkin, P.Geo. He has read and approved the scientific and
technical information that forms the basis for the disclosure contained in this news release.
About Tudor Gold
Tudor Gold is a precious and base metals explorer in British Columbia's Golden Triangle, an area that
hosts past-producing mines and several large deposits that are approaching potential development.
The 17,913 hectare Treaty Creek project (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 60% interest in the Electrum project, and a 100% interest in the
18,300 hectare Crown project, all of which are located in the Golden Triangle area.
"Walter Storm"
Walter Storm
President and Chief Executive Officer
For further information, please visit the Company's website at www.tudor-gold.com or contact:
Marketsmart Communications Inc.
Tel: 604-261-4466
Toll-Free: 877-261-4466
Email: [email protected]
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
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 including, without limitation, statements relating to the Goldstorm Zone as well as any
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. 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. 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.
111+00NE
110+00NE
109+00NE
108+00NE
107+00NE
GOLDSTORM ZONE
Plan View
400
600
CB-17-09
552.5m
CB-17-24
755m
CB18-38
CB-17-24
600
600
CB-17-12
656m
400
CB-18-38
698m
CB-18-36
805m
CB-18-36
100m
GOLDSTORM ZONE
Section 108+00 NE
View 030
>3.0 g/t Au
1.0 - 3.0 g/t Au
0.5 - 1.0 g/t Au
0.2 - 0.5 g/t Au
<0.2 g/t Au
CB-17-24
0.576 g/t Au over 559m
including
0.945 g/t Au over 213.0m
including
1.035 g/t Au over 21.0m
CB-18-36
0.778 g/t Au over 45.0m
CB-18-38
0.430 g/t Au over 614.5m
including
0.691 g/t Au over 104.5m
and including
0.659 g.t Au over 169.5m
CB-17-12
0.797 g/t Au over 240.5m
including
0.923 g/t Au over 191.0m
CB-17-09
0.488 g/t Au over 504.0m
including
0.708 g/t Au over 159.0m
NW
500 m
1,000 m
SE
400
200
400
600
200
200
600
1,000 m
NW SE
>3.0 g/t Au
1.0 - 3.0 g/t Au
0.5 - 1.0 g/t Au
0.2 - 0.5 g/t Au
<0.2 g/t Au
CB-16-03
0.534 g/t Au over 620.0m
GOLDSTORM ZONE
Section 109+00 NE
View 030
including
0.733 g/t Au over 314m
CB-18-33B
0.367 g/t Au
over 24.0m
CB-17-27
0.640 g/t Au over 523.5m
including
0.762 g/t Au over 337.5m
CB-18-31
0.494 g/t Au over 276.5m
including
0.732 g/t Au over 116m
CB-17-04
0.804 g/t Au over 174.9m
CB-
16-03CB-
17-04
CB-
17-27
CB18
-31
CB18
-33
CB18
-33B
CB-16-03
717.7m
CB-18-31
748m
CB-18-33B
743m
CB-17-04
406m
CB-17-27
602m
100m