Tudor GOLD Extends the Goldstorm Zone Mineralization with a 150 M Step-Out Along Strike: a Near-Surface Interval of 370.5 M Containing 1.095 G/T GOLD, Including an Interval of 252 M Containing 1.268 G/T GOLD Within 780 M Containing
1 / 3
NEWS RELEASE
TUDOR GOLD EXTENDS THE GOLDSTORM ZONE MINERALIZATION WITH A 150 M STEP-OUT
ALONG STRIKE: A NEAR-SURFACE INTERVAL OF 370.5 M CONTAINING 1.095 G/T GOLD,
INCLUDING AN INTERVAL OF 252 M CONTAINING 1.268 G/T GOLD WITHIN 780 M CONTAINING
0.683 G/T GOLD PROMPTING MOBILIZATION OF A SECOND DRILL TO SITE
Vancouver, Canada – July 30, 2019 – Tudor Gold Corp. (TSXV: TUD) (Frankfurt: TUC) (the “Company”
or “Tudor Gold”) is pleased to announce results from the first three diamond drill holes at the Goldstorm
Zone on the Company’s flagship Treaty Creek property, located in the Golden Triangle of Northwestern
British Columbia. In light of the favourable results obtained during phase one drilling, a second drill has
arrived on-site and has begun drilling for the Phase Two portion of the program.
Tudor Gold Exploration Manager, Ken Konkin explains: “The Goldstorm system continues to grow
rapidly along strike to the northeast and towards the footwall contact zone to the southeast. The best
near-surface intercept obtained to-date on the project has been obtained from the latest hole; GS19-42.
This is a vertical hole that is a 150m step-out to the northeast from drill hole CB18-39 (0.981g/t Au over
563.8m intercept). The higher grade upper portion of last year’s hole CB18 -39 averaged 1.141 g/t Au
over 280.5m compared to the same upper mineralized horizon of GS19 -42 that averages 1.268 g/t Au
over a 252.0 m intercept. The system appears to be gaining strength to the northeast as the depth is now
showing to exceed 700m, with an average of 0.683 g/t Au over 780 meters of vertical intercept. The
mineralized horizon appear to be near flat -lying with excellent grade consistency between holes along
the upper horizon. Exploration efforts will attempt to extend the zone further to the northeast with yet
another 150m NE step-out hole from GS19-42.”
Drill holes GS19-40 and GS19-41, were successful in locating the footwall contact zone, which is a very
fine-grained strongly silicified volcanic unit. Furthermore, porphyritic intrusive was also encountered at
the base of GS19-40, and within GS19-41 that returned anomalous copper and molybdenum values. As
well, a strong silver-bearing base-metal system has been seen for the first time in the northernmost hole
(GS19-42), within the upper mineralized horizon. Values of 33.51 g/t Au, 1,154 g/t Ag, 2.89% Cu, 5.96%
Pb and 1.89% Zn were returned over a 1.5 meter interval from 209.5 m to 211.0 m was a pleasant surprise
in the last hole GS19-42.
2 / 3
The following table provides gold composites from the Goldstorm Zone in the first three 2019 drill holes
completed:
Table I: Gold Composites for GS19-42, 41 and 40
SECTION HOLE
ID
FROM
M TO M Interval
(M)
GOLD
(gpt)
112+50NE GS19-42 63.5 843.5 780 0.683
including 63.5 315.5 252 1.268
including 63.5 434 370.5 1.095
108+00NE GS19-41 27.5 353 325 0.589
including 47 146 99 1.015
GS19-40 23 350 327 0.443
including 81.5 127 45.5 0.907
* All assay values are uncut and intervals reflect drilled intercept lengths.
* True widths of the mineralization have not been determined.
Goldstorm Zone Drill Sections 108+00 NE and 112+50 NE and Goldstorm Zone Plan Map are included
at the bottom of the news release and on the Company’s website.
Walter Storm, President and CEO , stated: “I am delighted to see that the Goldstorm Zone has been
expanded for another 150 meters with this step out drill -hole 42. I am looking forward to potentially
expanding the Goldstorm zone again with another 150 meter step out drill-hole, which has started with
our second drill.”
QA/QC
Drill core samples were prepared at MSA Labs' Preparation Laboratory in Terrace, BC and assayed
at MSA Labs' Geochemical Laboratory in Langley, 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. MSA Laboratories quality system complies with the
requirements for the International Standards ISO 17025 and ISO 9001.
Qualified Person
The Qualified Person for this news release for the purposes of Natio nal 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 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 60% interest in the Electrum project, earn
in options and 100% interests in other prospective projects located in the Golden Triangle area.
3 / 3
"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:
Catalin Kilofliski
Director Corporate Development and Communications
Tel. 604-559-8092
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 tha t 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 relating to 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.
107+00N
111+00N
110+00N
109+00N
108+00N
112+50N
400
GS-19-40
506.0m
GS-19-41
449.0m
400
200
200
GS-19-40
GS-19-41
GOLDSTORM ZONE
Section 108+00 N
View 030
GS-19-40
0.443 g/t Au over 327.0m
GS-19-41
0.589 g/t Au over 325.0m
1.015 g/t Au over 99.0m
0.907 g/t Au over 45.5m
0 100
meters
>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
S/Fe Ratio
600
800
200
400
GS
-19-42
GS-19-42
917m
GOLDSTORM ZONE
Section 112+50 N
View 030
GS-19-42
0.683 g/t Au over 780.0m
1.268 g/t Au over 252.0m
1.095 g/t Au over 370.5m
0 100
meters
>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
S/Fe Ratio