Intersects 1152m Of Gold At BC Project
Tudor Gold Corp. (TSXV: TUD) has returned further promising results with the fourth set of diamond drill holes at at its flagship property, Treaty Creek, located in the heart of the Golden Triangle of Northwestern British Columbia.
Diamond drilling continues with six drill rigs currently working on the Goldstorm Zone which is on-trend from Seabridge’s KSM Project, five km to the southwest.
All nine of the recent drill holes have successfully intersected the Goldstorm System expanding the mineralisation to the northeast and southeast, as well as to depth.
The Goldstorm System 300 Horizon has now been traced for 1100m along the northeast axis and in addition, the CS-600 and DS-5 systems have been expanded to the northeast and to depth as well.
Vice President of Project Development, Ken Konkin, said all 26 drill holes completed at Goldstorm during the 2020 programme have encountered significant precious metal mineralisation.
“The goal is to drill-define the limits of the Goldstorm system mineralization. We are very pleased with the results obtained from the 2020 drill holes that have yet to define limits or boundaries to the mineralised target along the northeastern and the southeastern axes, and to depth as well as we keep encountering mineralisation versus non-mineralized host rock,” Mr Konkin said.
“Drill hole results from GS-20-75 demonstrate that several aspects of the mineralized horizon appear to be gaining strength at depth with significant Au-Cu-Ag mineralization encountered in the CS-600 zone which averaged 0.968 gpt AuEq over 414 meters. Our technical team has to date received drill hole results from 26 diamond drill holes at Goldstorm and three holes from the PSZ Zone, totalling 24,343.6 meters.
“Samples from 12 drill holes are awaiting results from MSA Labs, totalling 12,443.7 meters, with six additional holes currently being drilled that are expected to total more than 6,500 meters. The information released to date represents just over half of the drill information we plan to collect for this year’s program at Goldstorm.
“We have also received good news from MSA Labs that they hope to get back to our scheduled 15-day turn-around-time for results. We are confident that our combined efforts will expediate the news flow for the near-future.”
President and CEO, Walter Storm, said that for the fourth consecutive results release this year, the company has announced a result that surpassed our finest result from the 2019 drill programme.
“Last year, we had an excellent intercept from hole GS-19-47, which yielded 0.697 gpt Au Eq over 1081.5m – and now we have yet another hole, GS-20-75 with a comparable result that was drilled along the same section but in the opposite direction from GS-19-47.
“Drill hole GS-20-75 averaged 0.741 gpt Au Eq over an impressive 1152.0 meters. With every hole our technical team completes, we are further defining the mineralised area.
“Clearly, however, much more drilling is required to locate the limits of the system due to the size and robust nature of the mineralisation. Our commitment is to advance the project as far as possible this year and our team will push the winter elements to continue drilling as long as the conditions permit.
“We are proud of what we have achieved in these last two years of exploration. Given the amount of geological potential that the entire project possesses with the Goldstorm, Perfect Storm Z, Eureka and Orpiment Systems, we believe that similar results will continue to enhance the prospects for the Treaty Creek Project.”