- Tudor Gold Corp. (TUD) has received the fourth set of drill results from the Treaty Creek Project
- Hole GS-21-113-W2 was previously drilled to its maximum depth and had the strongest sulphide mineralization
- Tudor Gold successfully re-entered the hole and found extended mineralization
- Low to average grades of gold and copper were found
- Tudor Gold Corp. (TUD) is unchanged and is trading at $1.30 per share as of 2:37 p.m. ET
Tudor Gold (TUD) has received the fourth set of drill results from its 2022 exploration program on the Treaty Creek Project in B.C.
The company stated it previously drilled hole GS-21-113-W2 to the maximum depth which had the strongest sulphide mineralization. A decision was then made to re-enter the same hole this year with a more powerful diamond drill rig and was reported to be successful.
The hole was allegedly extended by 280.1 metres, showing gold and copper grades increased further down. The latest assays from hole GS-21-113-W2 showed grades of mineralization which were low to average, but the company believes they have potential.
“These [latest] gold results may add a new dimension to the exploration potential of this project, and we will continue to advance and explore this rapidly expanding aspect of these well-mineralized domains,” Ken Konkin, President and CEO of Tudor Gold, said.
According to Tudor God, the program at the Treaty Creek property includes an aggressive resource expansion and delineation plan for several areas, including the Goldstorm Deposit, Eureka, and Calm Before the Storm zones.
Tudor Gold Corp. (TUD) is unchanged and is trading at $1.30 per share as of 2:37 p.m. ET.