Tudor Gold Reports Potential Quantity and Grade of Gold Mineralization in Copper Belle Zone
NEWS RELEASE
Tudor Gold Reports Potential Quantity and Grade of Gold Mineralization
in Copper Belle Zone
Vancouver, BC – September 13, 2018 – Tudor Gold Corp. (TSX.V: TUD) (Frankfurt: TUC) (the “Company” or
“Tudor Gold”) has determined the potential quantity and grade ranges for gold mineralization encountered up to the
completion of its 2017 drill program on the Copper Belle zone. Drilling is continuing in 2018 on the Company’s
Treaty Creek property in the Golden Triangle of north-western BC, with the aim of increasing the known area of gold
mineralization at Copper Belle by the end of this field season.
Tudor Gold believes that exploration of the Copper Belle zone up to the end of 2017 has indicated the potential for
1.8 to 1.9 million ounces of gold contained within 50 to 45 million tonnes grading 1.12 to 1.35 g/t Au. This is
based on previous exploration results, including 57 current and historic drill holes totaling 22,974 m. Thirty of the
holes (15,424 m) were drilled by Tudor Gold in 2016 and 2017, with 27 holes (7550 m) completed by others in 2007
and 2009. Drill holes are generally spaced 50 to 100 meters apart. The exploration target potential was derived by
modelling zones of gold-bearing porphyry style veining and alteration, including quartz-sericite-pyrite and potassic
alteration, within a surrounding propylitic "halo", on vertical cross sections and long sections through the Copper
Belle zone. The ranges are based on drill results that define the approximate length, thickness, depth and grade of
the Copper Belle zone.
The volumes of the areas modelled on sections have determined the potential tonnage range, whereas the grade
range is based on drill results within the modelled exploration target area up to the end of 2017, and on nearest
neighbour and inverse distance estimates, within an interpreted 0.3 g/t Au grade shell. The potential tonnages and
grades are conceptual in nature, there has been insufficient exploration to define a current mineral resource and it is
uncertain if further exploration will result in the delineation of a current mineral resource.
Walter Storm, President and CEO, stated: “We are extremely pleased with the indications for the Copper Belle zone
to potentially host between 1.8 and 1.9 million ounces of gold and are looking forward to continued positive results
from the 2018 drilling program that we are confident will significantly increase the known extent of the mineralized
area at Copper Belle. The 2018 drilling program entails part of the company’s plan to work towards preparation of a
mineral resource.”
The Copper Belle zone has been traced by drilling for over one kilometer in length and has been outlined over
widths ranging from 250 to 550 meters, with vertical extents of mineralization from 300 to 500 meters. The Copper
Belle zone is separated into North and South zones by a post-mineral fault, with indications of thicker mineralized
intervals in the North zone (see Figure 1). Drilling in 2018 is focusing on expanding the area of known mineralization
in the North zone. Results from the first two holes of the 2018 program were reported in a news release dated Aug
24, 2018. The sixth hole of the season has recently completed and results from more of the new holes are expected
within the coming weeks.
Figure 1: 3D Isometric of the Copper Belle Zone showing Drill Holes and the Area of 2018 Drilling
Tudor Gold and previous operators of the Treaty Creek property have maintained a quality control and quality
assurance program where analytical accuracy and precision are monitored by the submission of blanks, certified
standards and duplicate samples inserted at regular intervals into the sample stream.
QP
The Qualified Person for the Treaty Creek results in this new release is James A. 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.
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 world-class deposits that are approaching potential development.
The Company has a 60% interest in both the Treaty Creek and Electrum properties, and a 100% interest in the Doc,
Mackie, Orion, High North, Delta, Fairweather and Eskay 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:
CHF Capital Markets
Cathy Hume
CEO
Tel: 416-868-1079 x 231
Email: [email protected]
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.
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.