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Tudor Gold Expands High-Grade Gold Target; Intersects 9.60 g/t Gold Equivalent (AuEQ) over 13.50 Meters Within Supercell-1C (SC-1C) in a 140 M Step-Out Drill Hole, GS-24-185, at Treaty Creek, Golden Triangle of British Columbia

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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: TDRRF) ha annunciato risultati significativi dal suo programma di perforazione di esplorazione del 2024 presso la proprietà Treaty Creek nel Golden Triangle della Columbia Britannica. L'azienda ha intercettato 9,60 g/t di Equivalente Oro (AuEQ) su 13,50 metri all'interno della zona Supercell-1C (SC-1C) nel foro di perforazione GS-24-185, rappresentando un allargamento di 140 metri rispetto alle perforazioni precedenti.

Il sistema Supercell-One si è ampliato con la scoperta di due ulteriori sistemi di micro-breccia a base idrotermale, contenenti oro e paralleli (SC-1A e SC-1B) sopra l'originale SC-1C. Il sistema ricco di oro SC-1 ora copre un'area fino a 800 metri di lunghezza per 400 metri di profondità, con tutte e tre le strutture parallele che rimangono aperte in tutte le direzioni e profondità.

Tudor Gold Corp. (TSXV: TDRRF) ha anunciado resultados significativos de su programa de perforación de exploración 2024 en la propiedad Treaty Creek en el Triángulo Dorado de Columbia Británica. La compañía intersectó 9.60 g/t de Equivalente de Oro (AuEQ) sobre 13.50 metros dentro de la zona Supercell-1C (SC-1C) en el pozo de perforación GS-24-185, lo que representa un expansión de 140 metros respecto a las perforaciones anteriores.

El sistema Supercell-One se ha ampliado con el descubrimiento de dos sistemas de micro-brecha de cuarzo hidrotermales portadores de oro adicionales sub-paralelos (SC-1A y SC-1B) por encima del original SC-1C. El sistema rico en oro SC-1 ahora cubre un área de hasta 800 metros de longitud por 400 metros de profundidad, permaneciendo todas las tres estructuras sub-paralelas abiertas en todas las direcciones y profundidades.

Tudor Gold Corp. (TSXV: TDRRF)는 브리티시컬럼비아의 골든 트라이앵글에 위치한 Treaty Creek 소유지에서 2024년 탐사 드릴링 프로그램의 중요한 결과를 발표했습니다. 이 회사는 드릴 홀 GS-24-185에서 13.50미터에 걸쳐 9.60 g/t 금 등가물(AuEQ)을 발견했으며, 이는 이전 드릴링에서 140미터의 확장을 나타냅니다.

Supercell-One 시스템은 원래 SC-1C 위에 위치한 두 개의 추가적인 수직 관통 금 함유 석영 미세브레카 시스템(SC-1A 및 SC-1B)의 발견으로 확장되었습니다. 금이 풍부한 SC-1 시스템은 이제 800미터 길이와 400미터 깊이까지의 영역을 커버하며, 세 개의 수직 구조는 모두 모든 방향과 깊이에서 열려 있습니다.

Tudor Gold Corp. (TSXV: TDRRF) a annoncé des résultats significatifs de son programme de forage d'exploration 2024 sur la propriété Treaty Creek dans le Triangle d'Or de la Colombie-Britannique. L'entreprise a intersecté 9,60 g/t d'Équivalent or (AuEQ) sur 13,50 mètres au sein de la zone Supercell-1C (SC-1C) dans le trou de forage GS-24-185, représentant un décalage de 140 mètres par rapport aux forages précédents.

Le système Supercell-One s'est élargi avec la découverte de deux systèmes supplémentaires de micro-brèches de quartz hydrothermaux porteurs d'or parallèles (SC-1A et SC-1B) au-dessus du SC-1C original. Le système riche en or SC-1 couvre désormais une superficie allant jusqu'à 800 mètres de long sur 400 mètres de profondeur, toutes les trois structures parallèles restant ouvertes dans toutes les directions et profondeurs.

Tudor Gold Corp. (TSXV: TDRRF) hat bedeutende Ergebnisse aus seinem Erkundungsbohrprogramm 2024 auf dem Treaty Creek-Gelände im Goldenen Dreieck von British Columbia bekannt gegeben. Das Unternehmen hat im Bohrloch GS-24-185 innerhalb der Zone Supercell-1C 9,60 g/t Goldäquivalent (AuEQ) über 13,50 Meter getroffen, was einen 140-Meter-Schritt von früheren Bohrungen darstellt.

Das Supercell-One-System hat sich mit der Entdeckung von zwei zusätzlichen sub-parallelen hydrothermalen goldhaltigen Quarz-Mikrobrekzien-Systemen (SC-1A und SC-1B) über dem ursprünglichen SC-1C erweitert. Das goldreiche SC-1-System erstreckt sich nun über eine Fläche von bis zu 800 Metern in der Länge und 400 Metern in der Tiefe, wobei alle drei sub-parallelen Strukturen in alle Richtungen und Tiefen offen bleiben.

Positive
  • High-grade gold intersection of 9.60 g/t AuEQ over 13.50 meters in drill hole GS-24-185
  • 140-meter step-out expansion of the Supercell-1C zone
  • Discovery of two additional sub-parallel gold-bearing systems (SC-1A and SC-1B)
  • Expansion of the gold-rich SC-1 system to 800 meters in length by 400 meters in depth
  • All three sub-parallel structures remain open in all directions and depth, indicating potential for further expansion
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - September 10, 2024) - Tudor Gold Corp. (TSXV: TUD) (FSE: H56) (the "Company" or "Tudor") is pleased to announce the results from the fifth hole completed from the 2024 exploration drilling program (the "Program") at their flagship property, Treaty Creek, located in the heart of the Golden Triangle of Northwestern British Columbia. The 2024 Program has recently been safely completed, totaling 10,530 meters (m) with all crews and drilling equipment demobilized from site.

The Supercell-One Zone (SC-1) was identified earlier this year to represent a significant potential economic target that is within, and peripheral to, the CS-600 Domain (see press releases dated February 1st and August 13th, 2024). The Supercell-One system has greatly expanded with the discovery of two additional sub-parallel (SC-1A and SC-1B) hydrothermal gold-bearing quartz micro-breccia systems above the original SC-1, now labeled as SC-1C. This reported intercept of high-grade gold mineralization within drill hole GS-24-185 expands the size of SC-1C greatly by stepping out from previous drilling intercepts by 255 m up-dip and 140 m along strike. The gold-rich SC-1 system occurs within an area measuring up to 800 m in length by 400 m in depth. All three sub-parallel structures remain open in all directions and to depth. Assays remain pending on an additional intercept of CS-600 Domain in the lower section of GS-24-185.

SC-1C Drilling Highlights (2024):

Hole GS-24-185 intersected a high-grade interval of the Supercell-One System

  • SC-1C; 9.60 g/t AuEQ over 13.50 m (9.58 g/t Au, 0.44 g/t Ag, 0.01% Cu)

Click the following links to view a plan map and cross sections for hole GS-24-185.

Ken Konkin, President and CEO, comments: "We are very pleased with this newest high-grade result in the planned 140 m northerly step-out from GS-24-184, which intersected 8.09 g/t AuEQ over 6.15 m and a 250 m easterly step-out from GS-24-181, which intersected 5.31g/t AuEQ over 6.00 m (results from news release August 13, 2024). As we continue to expand these systems of high-grade structures farther to the northeast, the gold grades, and the size of the system, are increasing. We are now focusing efforts on examining previous drill intercepts that carry similar high-grade gold values to determine how far the Supercells may have pierced the nucleus of the Goldstorm Domains. Our goal is to define the 'vascular system' of the Supercells as they may be entwined within the heart of the CS-600 Domain, and to continue to trace the extent of these systems in all directions. Although drilling has been completed for this season, results from the final three holes are pending. We believe that the discovery of numerous high-grade gold-bearing structures confirms the presence of a large hydrothermal gold-dominant, late-stage, over-printed system that will give the project a major economic advantage."

Drilling Discussion

Section B

  • GS-24-185: This hole was drilled to step out 140 m from previously drilled SC-1C mineralization, as well as infilling CS-600 mineralization at depth. The hole intersected 13.50 m grading 9.60 g/t AuEQ (9.58 g/t Au, 0.44 g/t Ag, 0.01% Cu) as part of the network of subparallel brecciated Supercell-One complex of structures. This hole also intersected mineralization typical of the CS-600 domain, and assays that remain pending for this intercept will be released in the near future.

Table 1: Drilling Results for Goldstorm Deposit in Press Release September 9, 2024

SectionHoleZoneFromToIntervalAuAgCuAuEQ
(m)(m)(m)(g/t)(g/t)(%)(g/t)
BGS-24-185SC-1C880.50894.0013.509.580.440.019.60
Inc.880.50882.001.5019.600.540.0119.62
Inc.882.00883.501.506.360.360.016.38
Inc.883.50885.001.5011.400.340.0111.42
Inc.885.00886.501.5011.600.320.0111.61
Inc.886.50888.001.507.460.410.017.48
Inc.888.00889.501.501.670.200.011.68
Inc.889.50891.001.509.230.650.019.25
Inc.891.00892.501.5012.100.570.0112.12
Inc.892.50894.001.506.820.550.016.84
  • All assay values are uncut and intervals reflect drilled intercept lengths.
  • HQ and NQ2 diameter core samples were sawn in half and typically sampled at standard 1.5 m intervals.
  • The following metal prices were used to calculate the Au Eq metal content: Gold $1850/oz, Ag: $21/oz, Cu: $3.75/lb. Calculations used the formula AuEQ = Au g/t + (Ag g/t*0.0100901) + (Cu ppm*0.0001236). All metals are reported in USD and calculations consider recoveries of 90 % for gold, 80 % for copper, and 80 % for silver.
  • True widths have not been determined as the mineralized body remains open in all directions. Further drilling is required to determine the mineralized body orientation and true widths.

 

Table 2: Drill data for holes in Press Release September 9, 2024

SectionHole IDUTM E NAD 83UTM N NAD 83Elevation (m)Azi (ᵒ)Dip (ᵒ)Depth (m)
BGS-24-18542930662742191373240-761350.00

 

Qualified Person

The Qualified Person for this news release for the purposes of National Instrument 43-101 is the Company's President and CEO, Ken Konkin, P. Geo. He has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

QA/QC

Diamond drill core samples were prepared at MSA Labs' Preparation Laboratory in Terrace, BC and assayed at MSA Labs' Geochemical Laboratory in Langley, BC. Analytical accuracy and precision are monitored by the submission of blanks, certified standards and duplicate samples inserted at regular intervals into the sample stream by Tudor Gold personnel. MSA Laboratories quality system complies with the requirements for the International Standards ISO 17025 and ISO 9001. MSA Labs is independent of the Company.

About Treaty Creek

The Treaty Creek Project hosts the Goldstorm Deposit, comprising a large gold-copper porphyry system, as well as several other mineralized zones. As disclosed in the "NI-43-101 Technical Report for the Treaty Creek Project", dated April 5, 2024 prepared by Garth Kirkham Geosystems and JDS Energy & Mining Inc., the Goldstorm Deposit has an Indicated Mineral Resource of 27.87 million ounces (Moz) of AuEQ grading 1.19 g/t AuEQ (21.66 Moz gold grading 0.92 g/t, 2.87 billion pounds (Blbs) copper grading 0.18%, 128.73 Moz silver grading 5.48 g/t) and an Inferred Mineral Resource of 6.03 Moz of AuEQ grading 1.25 g/t AuEQ (4.88 Moz gold grading 1.01 g/t, 503.2 Mlb copper grading 0.15%, 28.97 Moz silver grading 6.02 g/t), with a pit constrained cut-off of 0.7 g/t AuEQ and an underground cut-off of 0.75 g/t AuEQ. The Goldstorm Deposit has been categorized into three dominant mineral domains and several smaller mineral domains. The CS-600 Domain largely consists of nested pulses of diorite intrusive stocks and hosts the majority of the copper mineralization within the Goldstorm Deposit. CS-600 has an Indicated Mineral Resource of 15.65 Moz AuEQ grading 1.22 g/t AuEQ (9.99 Moz gold grading 0.78 g/t, 2.73 Blbs copper grading 0.31%, 73.47 Moz silver grading 5.71 g/t) and an Inferred Mineral Resource of 2.86 Moz AuEQ grading 1.20 g/t AuEQ (1.87 Moz gold grading 0.79 g/t, 475.6 Mlb copper grading 0.29%, 13.4 Moz silver grading 5.63 g/t). The Goldstorm Deposit remains open in all directions and requires further exploration drilling to determine the size and extent of the Deposit.

About Tudor Gold

TUDOR GOLD CORP. is a precious and base metals exploration and development company with claims in British Columbia's Golden Triangle (Canada), an area that hosts producing and past-producing mines and several large deposits that are approaching potential development. The 17,913 hectare Treaty Creek project (in which TUDOR GOLD has a 60% interest) borders Seabridge Gold Inc.'s KSM property to the southwest and borders Newmont Corporation's Brucejack property to the southeast.

ON BEHALF OF THE BOARD OF DIRECTORS OF
TUDOR GOLD CORP.

"Ken Konkin"

Ken Konkin
President and Chief Executive Officer

For further information, please visit the Company's website at www.tudor-gold.com or contact:
Chris Curran
Vice President of Investor Relations and Corporate Development
Phone: (604) 559 8092
E-Mail: chris.curran@tudor-gold.com

Or

Patrick Donnelly
Vice President of Capital Markets
Phone: (604) 559 8092
E-Mail: patrick@tudor-gold.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statements regarding Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including the completion and anticipated results of planned exploration activities. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connation thereof.

Such forward-looking information and statements are based on numerous assumptions, including among others, that the Company's planned exploration activities will be completed in a timely manner. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.

There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's plans or expectations include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Company with securities regulators.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.

The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.

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TREATY CREEK Section Areas - Plan View

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Goldstorm Deposit Section B - Viewing Northeast

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Goldstorm Deposit Section B - Viewing Northwest

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/222785

FAQ

What was the gold equivalent grade intersected in Tudor Gold's recent drilling at Treaty Creek?

Tudor Gold 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 at the Treaty Creek property.

How far did Tudor Gold's recent drill hole GS-24-185 step out from previous drilling at Treaty Creek?

Drill hole GS-24-185 represented a 140-meter step-out from previous drilling at the Treaty Creek property.

What new discoveries were made in Tudor Gold's Supercell-One system at Treaty Creek?

Tudor Gold discovered two additional sub-parallel hydrothermal gold-bearing quartz micro-breccia systems (SC-1A and SC-1B) above the original SC-1C zone within the Supercell-One system at Treaty Creek.

What is the current size of the gold-rich SC-1 system at Tudor Gold's Treaty Creek property?

The gold-rich SC-1 system at Tudor Gold's Treaty Creek property now covers an area up to 800 meters in length by 400 meters in depth.

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