Tudor Gold Corp. reports exploration and development updates for its precious and base metals claims in British Columbia's Golden Triangle. The company's recurring disclosures center on the 80%-owned Treaty Creek Project, including drilling at the Goldstorm Deposit and related zones, mineral resource estimates under NI 43-101, technical reports, metallurgical test work, and preliminary economic assessment work for potential underground development.
Company updates also cover seasonal exploration planning, gold-silver-copper assay results, financial reporting changes, and permitting or land-use matters that affect Treaty Creek and nearby mining infrastructure in northwestern British Columbia.
Tudor Gold Corp. (TSXV: TUD) has announced its intention to extend the term of 2,576,000 common share purchase warrants. These warrants, originally issued as part of a private placement that closed on September 22, 2022, are currently set to expire on September 22, 2024. Subject to approval from the TSX Venture Exchange, Tudor Gold plans to extend the expiration date to September 22, 2025. The warrants remain exercisable at a price of $1.75 per share, with all other terms remaining unchanged. This extension could provide warrant holders with an additional year to exercise their rights to purchase Tudor Gold shares at the predetermined price.
Tudor Gold Corp. (TSXV: TDRRF) has announced significant results from its 2024 exploration drilling program at the Treaty Creek property in British Columbia's Golden Triangle. The company intersected 9.60 g/t Gold Equivalent (AuEQ) over 13.50 meters within the Supercell-1C (SC-1C) zone in drill hole GS-24-185, representing a 140-meter step-out from previous drilling.
The Supercell-One system has expanded with the discovery of two additional sub-parallel hydrothermal gold-bearing quartz micro-breccia systems (SC-1A and SC-1B) above the original SC-1C. The gold-rich SC-1 system now covers an area up to 800 meters in length by 400 meters in depth, with all three sub-parallel structures remaining open in all directions and depth.
Tudor Gold Corp. (TSXV: TUD) has announced significant results from its 2024 exploration program at the Treaty Creek property in British Columbia's Golden Triangle. The company has discovered new high-grade gold targets within the Supercell-One Zone (SC-1) of the Goldstorm Deposit. Key highlights include:
- Drill hole GS-24-183-W1 intersected 13.89 g/t Gold Equivalent (AuEQ) over 6.30 meters
- Hole GS-24-181 yielded 11.05 g/t AuEQ over 3.0 meters
- Hole GS-24-184 returned 8.09 g/t AuEQ over 6.15 meters
The Supercell-One system now appears to consist of at least three sub-parallel high-grade gold structures (SC-1A, SC-1B, SC-1C) within an area measuring up to 800m in length by 400m in depth. These structures remain open in all directions, suggesting significant potential for expansion.
Tudor Gold Corp. (TSXV: TUD) has submitted materials opposing KSM Mining ULC's application for a new License of Occupation (LoO) to protect its mineral tenures at the Treaty Creek project. The company argues that any LoO allowing KSM Mining to construct MTT tunnels through Tudor's claims is subject to Tudor's prior rights. President & CEO Ken Konkin emphasized Tudor's commitment to protecting its newly discovered Goldstorm Deposit while expressing willingness to collaborate with Seabridge Gold to find a mutually beneficial solution. This action follows Tudor's previous stance announced in November 2023, highlighting the ongoing dispute over mineral rights and access in the region.
Tudor Gold has announced its strategic plan for the next 12 months, focusing on the Treaty Creek gold and copper project in British Columbia's Golden Triangle. Key objectives include completing exploration and definition drilling by Q3 2024, advancing metallurgical tests, progressing preliminary permitting and environmental requirements, and completing a Preliminary Economic Assessment (PEA) by Q2 2025.
The company started a 10,000-meter diamond drilling program in May 2024, with 4,000 meters completed to date. Initial results show promising high-grade gold intersections. Previous drill results from SC-1 included significant gold, silver, and copper intercepts.
Metallurgical studies aim to improve copper and gold recovery from the Goldstorm Deposit. The upcoming PEA will outline a phased production strategy, focusing on high-grade zones to maximize IRR. Environmental studies will support the project's economic evaluation and permitting process.
Tudor Gold Corp. has commenced its 2024 exploration drill program at the Treaty Creek Project in British Columbia, aiming to expand and upgrade the recently released Mineral Resource Estimate. The program includes approximately 10,000 meters of diamond drilling at the Goldstorm Deposit, focusing on high-grade gold targets within the Supercell One breccia system. The company plans to add high-grade ounces to its current Estimated Mineral Resource of 26.9 million ounces of 1.19 g/t AuEq, with a Preliminary Economic Assessment expected in late Q1 or early Q2 2025.
Tudor Gold Corp. appoints Patrick Donnelly as its Vice President of Capital Markets, bringing decades of experience in mineral exploration, corporate development, and investor relations. Mr. Donnelly's background includes roles as CEO, President, and mining analyst in the mining and exploration sector. His expertise will help navigate capital markets and enhance communication with investors as Tudor Gold advances the Treaty Creek Project. The Company also appoints Chris Curran as Vice President of Investor Relations and Corporate Development, reinforcing its communication strategy.
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