Tudor Gold Reports 149.1m of 1.78 g/t Gold at Treaty Creek, Including 59.2m of 2.84 g/t Gold
Tudor Gold Reports 149.1m of 1.78 g/t Gold at Treaty
Creek, Including 59.2m of 2.84 g/t Gold
Vancouver, British Columbia--(Newsfile Corp. - January 15, 2018) - Tudor Gold Corp. (TSXV: TUD) (FSE: TUC) (the "Company"
or "Tudor Gold") is pleased to report on an additional 17 holes from its 27-hole, 2017 drill program on the Copper Belle zone of
the Company's Treaty Creek property in north-western B.C.
The summary of results provided in the table below, include
the most promising gold intersections reported to date
.
Hole
CB-17-26,
returned
149.1m grading 1.78 g/t gold (from
97.8 to 246.9m
), including a 59.2m interval of 2.84 g/t
gold
(from
97.8 to 157m
depth
).
So far, 15 of the 16 holes drilled in the Copper Belle zone contain prominent mineralization, which
continues to expand the size of this potential deposit and increases the area of the resource estimate for this zone.
Hole-ID
From (m)
To (m)
Interval (m)*
Au (g/t)
Ag (g/t)
Cu (%)
CB-17-08
166.00
187.00
21.00
1.03
166.00
0.019
including
166.00
182.50
16.50
1.27
1.54
0.013
CB-17-09
0.00
8.00
8.00
1.08
2.56
0.011
32.00
266.00
234.00
0.62
3.32
0.031
including
51.50
105.50
52.50
0.68
1.63
0.013
including
117.50
144.50
27.00
1.07
9.86
0.069
including
150.50
191.00
40.50
0.83
1.55
0.023
275.00
288.50
13.50
1.21
5.20
0.020
438.50
447.50
9.00
0.80
1.50
0.003
518.00
549.50
31.50
0.98
1.86
0.009
CB-17-10
211.50
244.50
33.00
0.78
1.5
0.012
including
222.00
241.50
19.50
1.16
1.72
0.014
252.00
268.50
16.50
1.97
1.37
0.006
CB-17-11
No Significant Values
CB-17-13
147.00
151.50
4.50
1.27
0.60
0.001
468.00
495.00
27.00
1.03
1.66
0.028
CB-17-14
184.50
210.00
25.50
0.73
2.37
0.010
CB-17-15
220.00
230.70
10.70
1.02
1.2
0.007
242.90
256.60
13.70
1.22
4.5
0.003
CB-17-16
236.00
257.00
21.00
1.10
0.81
0.003
327.50
333.50
6.00
0.78
0.58
0.001
CB-17-17
25.50
39.00
13.50
0.60
0.56
0.001
CB-17-18
172.80
242.90
70.10
1.01
2.0
0.005
349.60
381.50
31.90
0.66
0.8
0.006
401.40
421.20
19.80
0.68
9.7
0.149
CB-17-19
2.00
47.00
45.00
1.33
21.9
0.010
including
12.50
39.50
27.00
1.89
24.90
0.011
125.00
131.00
6.00
1.42
1.8
0.006
CB-17-20
5.20
34.10
28.90
0.80
3.0
0.029
121.00
130.10
9.10
0.99
2.6
0.005
148.40
182.00
33.60
0.76
1.2
0006
including
160.60
182.00
21.40
1.10
1.52
0.004
210.90
252.00
41.10
0.56
1.8
0.010
CB-17-21
12.50
26.00
13.50
0.62
1.4
0.003
including
12.50
17.00
4.50
1.22
3.67
0.005
69.50
156.50
87.00
0.33
0.7
0.008
CB-17-22
3.50
11.00
7.50
1.71
7.7
0.014
137.00
161.00
24.00
0.71
3.0
0.008
167.00
195.50
28.50
0.66
1.3
0.006
CB-17-23
2.10
12.20
10.10
1.46
1.1
0.005
CB-17-25
3.00
13.60
10.60
1.78
1.8
0.003
39.60
59.40
19.80
1.41
6.1
0.042
74.60
86.80
12.20
0.81
2.7
0.005
275.80
348.90
73.10
0.52
0.7
0.004
CB-17-26
97.80
246.90
149.10
1.78
2.8
0.009
including
97.80
157.00
59.20
2.8
4
4.30
0.0
11
301.70
329.20
27.50
0.84
3.2
0.012
*True widths of the mineralization have not been determined.
Walter Storm, President and CEO
,
stated:
"
The outstanding interval of gold mineralization in Hole CB-17-26--
149m of
1.78 g/t gold
--
contains the highest
average
gold grade yet recorded for
porphyry
style mineralization
on the Treaty
Creek property.
I
t also ranks among the
top tier, in terms of gold grades,
of the hundreds of holes drilled during the
past fifteen years into multiple porphyry targets
on the adjoining KSM and Brucejack-Snowfield propert
ies of
Seabridge Gold and Pretiu
m Re
s
ources, part of the same, large hydrothermal
"Sulphurets" system.
The fact that we
have achieved these kinds of grades in only our second year after acquiring Treaty Creek speaks
both
to the potential
of the property and also the
expertise of our geological staff.
Th
is hole will serve to further guide our exploration at
Copper Belle in 2018, as well as th
e more than 3km of ground yet to be explored between the Copper Belle and the
Iron Cap
Z
one
of Seabridge Gold to the south
, an area defined by extensive
magnetotelluric
anomalies
."
The Copper Belle 2017 resource delineation drill program comprised 27 holes to depths below 700m (an estimated 13,722m)
and step-outs of 50m where topography permitted.
Results from additional drill holes of the 2017 drill program at Copper Belle
are still pending. Drill holes were targeted oblique to the northwesterly plunge of the main mineralized zone. A block of
delineated mineralization will form the basis for a preliminary resource estimate. All drill holes were down hole surveyed at 25m
stations using a Reflex Multi-shot device.
The Company's 2016 Magnetotelluric Geophysical Survey program (MT Survey) was effectively utilized as a guide for the drill
program. The MT Survey suggests that the mineralization continues to the southwest, toward the Iron Cap deposit of Seabridge
Gold Inc. The MT Survey also suggests that the mineralized zone continues in all directions. Tudor Gold's 2017 drill program was
located five kilometers north of the Iron Cap deposit and the Company intends to step out to the south in its 2018 program to see
if it can determine a relationship between the two areas.
Drill hole samples were assayed by Activation Laboratories Ltd. in Kamloops, 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 quality system complies with the requirements for the International
Standards ISO 17025: 2005.
The Qualified Person for the Treaty Creek results in this new release is James McCrea, P.Geo. for the purposes of National
Instrument 43-101. He has read and approved the scientific and technical information that forms the basis for the disclosure
contained in this news release.
Tudor Gold is also pleased to announce that it has engaged AviTerra Consulting Inc. on a contract to develop and implement,
marketing and communications programs focused on investor and market awareness. The contract is for two years at a cost of
five thousand dollars per month. Incentive options to purchase 200,000 shares at $0.55 good for five years will also be granted
to AviTerra. These options will vest in 100,000 increments at the end of four consecutive three-month periods, in accordance
with TSX-V policies. The principals of AviTerra have more than thirty years of business management, marketing and media
experience with private and public Canadian companies. The investor relations contract is subject to TSX Venture Exchange
approval.
We are also pleased to announce that Tudor Gold will be exhibiting and attending the Vancouver Resource Investor Conference
January 21
st
-22
nd
; Minerals RoundUp in Vancouver January 22nd to 25th and at the PDAC in Toronto March 4
th
- 7
th
2018.
Copper Belle Location Map at Treaty Creek
To view an enhanced version of
Copper Belle Location Map at Treaty Creek
, please visit:
http://orders.newsfilecorp.com/files/4494/32005_tudor1enhanced.jpg
About Tudor Gold
Tudor Gold is a precious and base metals explorer in British Columbia's Golden Triangle, an area which hosts multiple past-
producing mines and several large deposits that are approaching potential development. The Company has a 60% interest in
both the Electrum and Treaty Creek properties, and a 100% interest in the Mackie, Eskay North, Orion, Fairweather, Delta and
the High North properties, 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:
Tudor Investor Relations:
Barry Holmes
Ph: 778-587-2074
Email:
CHF Capital Markets:
Cathy Hume
CEO
Tel: 416-868-1079 x 231
Email:
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 other than statements of historical fact included in this release, including, without limitation, statements
regarding potential mineralization and geological merits of the Treaty Creek Project and 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. Forward-looking statements are based on a number of material factors and
assumptions. Important factors that could cause actual results to differ materially from Company
'
s expectations include
actual exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates,
future metal prices, availability of capital and financing on acceptable terms, general economic, market or business
conditions, uninsured risks, regulatory changes, defects in title, availability of personnel, materials and equipment on a
timely basis, accidents or equipment breakdowns, delays in receiving government approvals, unanticipated environmental
impacts on operations and costs to remedy same, and other exploration or 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 actions, events or results to differ from those described in forward-looking statements, there
may be other factors that cause such actions, events
or results to differ materially from those anticipated. There can be no
assurance that forward-looking statements will prove to be accurate and accordingly readers are cautioned not to place
undue reliance on forward-looking statements.
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Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.