Step-Out Drilling Continues To Grow Treaty Creek Project
Tudor Gold Corp. (TSXV: TUD) has expanded the Goldstorm Deposit at its flagship property, Treaty Creek with more results for the 2021 resource expansion and definition drilling programme.
The project is located in the heart of the Golden Triangle of north-western British Columbia and is on-trend from Seabridge’s KSM Project located five kilometres southwest of the Goldstorm Deposit.
Results from four diamond drill holes have recently been received from MSA Labs. Exploration at Treaty Creek is ongoing at Goldstorm and Eureka Zones.
Treaty Creek, Drilling Highlights include:
- Extended the DS-5 Domain 100m north of GS-21-112 (core zone of 2.08 g/t AuEq over 79.5 m within 219.0 m containing 1.29 g/t AuEq) with step-out hole GS-21-119 with a strong, consistent mineralised core zone intercept of 196.5 m containing 1.76 g/t AuEq within a broader zone of 564.0 m containing 1.09 g/t AuEq.
- Confirmed consistent mineralisation in GS-21-116 over a long interval of 1092.0 m grading 0.75 g/t AuEq that includes the 300H and CS-600 domains.
- Near-surface mineralisation encountered at Eureka Zone in EK-21-01 with 67.5 m of 1.13 g/t AuEq within 217.5 m averaging 0.76 g/t AuEq.
- Eureka Zone remains open in all directions and at depth.
Vice President of Exploration and Project Development, Ken Konkin, said the Goldstorm Deposit remains open in all directions and at depth as drilling continues.
“We are extremely pleased with our continued success with our step-out drilling at the Goldstorm Deposit. Due to the success of hole GS-21-119 we plan to step-out further to the northeast before the end of this year’s drilling,” Mr Konkin said.
“This programme demonstrates the emergence of higher-grade pulses of gold mineralization within the 300 Horizon and a distinct central enriched gold zone within the DS-5 domain.
“Similar enriched zones of copper mineralisation within the CS-600 domain are also apparent. These are ‘zones within zones’ that give our domains a new common dynamic characteristic.
“Continued drilling is required to better define and potentially expand these enriched pulses within our broad mineralised domains.”
“In addition, we confirmed that a significant gold system exists at the Eureka Zone with mineralisation occurring near surface, which terminates in a regional thrust fault at depth.
“An interesting aspect of the Eureka system is that the gold mineralization ends in what may be the same thrust fault that truncates the DS-5 system at Goldstorm.
“The attached drill section shows the spatial relationship between the Goldstorm Deposit and the Eureka Zone (Regional Section – Goldstorm to Eureka).”
The current geological interpretation is that the DS-5 domain may connect to the Eureka Zone which adds another dimension to the potential size of the Goldstorm Deposit.
Eureka drill hole EK-21-01 contains an enriched central zone averaging 1.13 g/t AuEq over 67.5m that lies within 217.5m grading 0.76 g/t AuEq.
Similarly, in drill hole GS-21-119, the DS-5 contains an enriched central core of gold mineralization that yields an impressive 1.76 g/t AuEq over 196.5m within the overall intercept of 1.09 g/t AuEq over 564m.
Due to the success of the step-out exploration drilling at the Goldstorm Deposit, the Eureka drill was dispatched to continue the step-out drilling to the northeast at Goldstorm.
“Our primary goal remains to find the limits to the Goldstorm Deposit and to constrain the resources from our Initial Mineral Resource Estimate of 19.41 million ounces of Measured and Indicated and 7.9 million ounces of Inferred gold-equivalent ounces,” Mr Konkin said.
“We continue to intercept exceptional mineralisation within the defined domains and consistently identify extensions to these domains particularly to the northeast and northwest, as well as at depth.
“Clearly, more drilling is required to further define the Goldstorm, Eureka and Perfect Storm Zones for 2022.”
President and CEO, Walter Storm, said the company is very excited to see the continuing expansion of the Goldstorm Deposit to the northeast with the release of these exceptional drill results.
“The geological potential of the Treaty Creek Project is growing with each new drill hole. All drill holes that have reached their targeted depths have encountered significant precious metal mineralisation.
“One very important aspect about the furthest step-out drill hole GS-21-119, is that this vertical hole ended in gold mineralization at 1290 meters.
“This hole had to be abandoned as the ice pad became too hazardous to continue drilling and worker safety is always our number one priority. The Goldstorm Deposit remains open in all directions and at depth. In addition to this, our exploration team continues to encounter significant gold mineralisation in other zones, such as the Eureka Zone.
“With the news of yet another positive result from Tudor’s first hole at the Eureka Zone (EK-21-01), the geological potential of this zone has been up-graded to a priority near surface gold target.
“This drill hole was started with the largest diameter core possible (PQ), then sized-down to HQ diameter core as the hole progressed. Our drill crews were able to get excellent core recoveries in very fractured ground.
“We congratulate our drillers for a successful campaign during these difficult times and look forward to releasing additional positive news in the coming weeks as drilling continues to progress extremely well.”
The Eureka zone is located approximately 1000m southeast of the Goldstorm Deposit along the western edge of an extensive, bright yellow-orange gossan zone covering over one square kilometre of clay, sericite, quartz and pyrite alteration.
For further information please visit: https://tudor-gold.com/