Business
Tudor Gold Corp Reports Gold Equivalent Results for All Drill Holes at the Company's Flagship Treaty Creek Project
Vancouver, British Columbia--(Newsfile Corp. - March 3, 2020) - Tudor Gold Corp. (TSXV: TUD) (...
About this update from Tudor Gold Corp.
[{"type":"text","content":"Tudor Gold Corp Reports Gold Equivalent Results for All Drill Holes at the Company's Flagship Treaty Creek ProjectP&E Mining Consultants Inc. Provides Drill Hole Spacing Recommendation for the 2020 Drill Plan at the Treaty Creek ProjectVancouver, British Columbia--(Newsfile Corp. - March 3, 2020) - Tudor Gold Corp. (TSXV: TUD) (FSE: TUC) (the \"Company\" or \"Tudor Gold\") is pleased to announce the results of gold-equivalent (AuEq) calculations for all drilling completed at Company's flagship project Treaty Creek. These calculations include credit for previously analyzed values for Cu and Ag. Geological analysis and reinterpretation of all the drill holes to date exposed a new copper horizon (CS 600 horizon) as well as significant silver and copper mineralization throughout the Goldstorm system. The strongest AuEq increase was seen in the newly discovered NE Extension within the 300 Horizon. The gold-only result of 1.27 gpt Au over a 252 metre (m) interval increased to 1.51 gpt AuEq (with 13.8 gpt Ag and 504 ppm Cu), an increase of 18.9%.All drill holes at Goldstorm Zone had significant increases to the composite results when the AuEq values for the copper and silver mineralization were included however when the drill holes intersected the CS-600 Horizon, the copper values within this mineralized body had the greatest impact to an individual horizon with up to 79.8% increase to the AuEq value from a gold-only 0.39 gpt Au over 150m to 0.70 gpt AuEq over the same 150m interval.P&E Mining Consultants Inc. were retained to assess all Goldstorm drill hole results and historical data in order to render an opinion as to the consistency of the gold mineralization as well to ascertain the recommended drill hole spacing that would be required to potentially derive a Indicated Mineral Resource and a Measured Mineral Resource. P&E Mining Consultants Inc. concluded the following:\"Three dimensional continuity analyses of the Treaty Creek drill hole assay results were carried out for the Goldstorm Zone. The regional geological trend was used to guide the selection of horizontal, across-strike, and dip-plane directions during variogram fan analysis. Variogram fans were generated separately for Ag, Au, Cu, Pb, and Zn uncapped composite samples in each zone. All modeled semi-variograms display a very low nugget effect, and display ...