Significant Gold And Silver Found At Treaty Creek
Tudor Gold Corp. (TSXV: TUD) has intersected a number of wide gold intersections in the Goldstorm Zone at its flagship Treaty Creek property in British Columbia.
The company has now received the results for the last set of diamond drill holes for the Goldstorm Zone, which is located within the heart of the Golden Triangle of Northwestern British Columbia and on-trend from the nearby Seabridge’s KSM Project.
Vice President of Project Development, Ken Konkin, said Tudor Gold has completed 50 diamond drill holes at the Goldstorm System (GS) and three diamond drill holes at the Perfect Storm Zone (PSZ), for respective totals of approximately 44,000m (GS) and 1,600m (PSZ) during the 2020 exploration season.
It was necessary to abandon two of the final drill holes as ground conditions prevented the safe completion of GS-20-99 and GS-20-101 late in the season, however, significant gold and silver mineralisation was encountered in GS-20-99 (0.647 gpt AuEq over 109.5 meters) and this hole ended in strong stockwork within the DS5 System.
Unfortunately drill hole GS-20-101 was abandoned before intersecting the area of the intended target and this hole will be re-drilled in 2021. From the remaining 51 drill holes, all but one were successful in intersecting the intended targets.
“We are very pleased with the results obtained from our 2020 exploration program and we anticipate the completion of an initial resource estimate over the next few months. We are also determined to continue the exploration efforts in 2021 to better define and potentially expand the Goldstorm and Perfect Storm System,” Mr Konkin said.
“It was not possible to attempt drilling at some of our high priority exploration targets due to the rapid accumulation of snow in late November and December that caused avalanche hazards, therefore, these sites remain as excellent drill targets.
We have since received our explosives permit and have purchased an explosives magazine so our avalanche teams can now safely remove snow build-up for the up-coming exploration season.
Our goal is to again have a late spring start-up so that we can effectively prepare the slopes to allow drilling in the northeast area of the Goldstorm System that was not completed in 2020.
The Au-Ag-Cu mineralisation remains open to the northeast and to the southeast, with the possible exception of section 114+00 NE, where the easternmost drill hole (GS-20-102) may have defined the southeast limit in that area.”
Goldstorm Highlights include:
- Eleven diamond drill holes in this release totalling 9,621.7m;
- Best near-surface intercept was from the 300 Horizon in GS-20-91 on Section 112+50 NE that averaged 0.856 gpt AuEq over 1033.5m containing an enriched portion of 532.5m that averaged 1.112 gpt AuEq.
- GS-20-92 also had a remarkable 82.5m intercept of 3.286 gpt AuEq within the 300 Horizon, which is the highest-grade gold composite interval drilled to date on the project. This lies within a longer intercept of 531m averaging 0.999 gpt AuEq.
- An aggressive 150m step-out drill hole (GS-20-99) extended the DS-5 Zone further to southeast on section 115+50 NE. The intercept averaged 0.647 gpt AuEq over 109.5m. The hole was lost at 965m in strong stockwork and DS5-type mineralisation. The system remains open to the northeast and southeast along Section 115+50 NE.