- Tudor Gold stock (TSXV:TUD) looks ready to rise after sharing positive drill results from 2023 exploration on its Treaty Creek project in British Columbia’s Golden Triangle
- Highlights include 153 metres grading 1.29 g/t AuEq and 516 m grading 1.19 g/t AuEq
- Tudor Gold is a precious and base metals exploration and development company with claims in British Columbia’s Golden Triangle
- Tudor Gold stock (TSXV:TUD) last traded at $1.01 per share
The five drill holes reported Tuesday are in the northeastern area of the Goldstorm Deposit.
“We are very pleased to confirm the continued expansion of the Goldstorm Deposit to the northeast. Results from our northeastern-most step-out drilling from section 120+50 NE will certainly expand the volume of the deposit with gold equivalent values well above the 0.7 g/t AuEq underground resource estimate cut-off grade used for our deposit,” Ken Konkin, Tudor’s president and CEO, said in a statement.
“In addition, very large blocks within the previously estimated drill inferred category have been successfully intersected with very positive gold, copper and silver grades, which we believe will convert these blocks of mineralization into the drill indicated category. Our goal is to increase the size of the resource without diminishing the grade. This will be a critical component to the preliminary economic assessment that we plan to complete once we have totally defined the Goldstorm Deposit,” Konkin said.
The program has consisted of 21,000 metres to date including the Goldstorm Deposit and the Perfectstorm Zone.
Three drill holes completed at Perfectstorm are currently in the lab.
Crews are building drill pads to explore the northern aspects of the CS-600, 300H and DS5 domains during the 2024 drill program.
Drilling results for Goldstorm Deposit released Aug. 15
Tudor Gold is a precious and base metals exploration and development company with claims in British Columbia’s Golden Triangle.
Tudor Gold stock (TSXV:TUD) last traded at $1.01 per share. Shares are down by 20.47 per cent over the past year.
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