2023.06.06 17:48 GoStockGo Element79 Gold Announces Execution of Agreement with Centra Mining Ltd. for Sale of Properties from Battle Mountain Portfolio in Nevada (CSE:ELEM, OTC:ELMGF, FSE: 7YS)
![]() | submitted by GoStockGo to Wealthsimple_Penny [link] [comments] https://preview.redd.it/3ov30kr14f4b1.png?width=972&format=png&auto=webp&s=2fa7cdc65ec2fdf85cfb98de123d0c91697c4185 VANCOUVER, BC / THENEWSWIRE / May 25, 2023 – Element 79 Gold Corp. (CSE:ELEM) (OTC:ELMGF) (FSE: 7YS) ("Element 79 Gold", the "Company") announces that, further to its November 17, 2022 release, the Company has entered into an Asset Purchase Agreement (the "Agreement") for the sale of two properties from its Battle Mountain Portfolio located in the gold mining district of northeastern Nevada, US to a subsidiary of Centra Mining Ltd. ("Centra"). Under the terms of the Agreement, Centra has agreed to purchase all of Element79 Gold's interests and obligations in relation to the Long Peak Project ("Long Peak") and the Stargo Project ("Stargo") in exchange for a total consideration of CAD 1,000,000 payable by the issuance of an aggregate of 2,500,000 common shares of Centra at a deemed price of CAD 0.40 per share (the “Payment Shares”). The transaction is expected to close on or before June 30, 2023, and is subject to regulatory approval. "The sale of Long Peak and Stargo to Centra marks another milestone in Element79's journey for the strategic development of its high-grade gold assets," commented James Tworek, CEO of Element79. "Centra realizes that these projects have great exploration potential along with the rest of their portfolio and it will be exciting to see what their near-term development plans are. We are excited to maintain our exposure to the very promising development potential of these properties through our equity participation in Centra." Tworek added, “We have been working at the sale of the non-core assets in the Battle Mountain for over a year now, and it feels great to confirm that we have one package of properties now signed up and pending their closing date. This achievement further helps to highlight the currently-unrealized value of the individual properties in the Battle Mountain portfolio, helping to re-envision a benchmark for corporate valuation and enabling us to unlock additional value from our extensive portfolio of prospective properties while increasing Element79 Gold’s focus, energy and capital flows on developing its flagship Maverick Springs and both defining a resource at and bringing production online at Lucero in 2024.” Element79 Gold’s Battle Mountain Portfolio The Battle Mountain Portfolio was originally comprised of 15 separate projects totaling over 44,478 acres across 2,203 unpatented claims in five counties: Elko County, Eureka County, Humboldt County, Lander County, and Nye County. Most of the Battle Mountain Portfolio is located within the Battle Mountain Trend, with several projects close to globally reputable gold deposits including Nevada Gold's Cortez Mine. The Battle Mountain Portfolio is comprised primarily of early-stage projects. While drilling has been completed at some projects, such as Elder Creek (155 holes) and Clover (104 holes), many have only surface sampling and geophysical surveys completed. Of particular note are the Long Peak, Elephant, Elder Creek, North Mill Creek, Clipper, Pipeline South, West Cortez, and Walti Projects, which are interpreted to lie along the northwest trending fault that hosts the high-grade Pipeline deposit, which is included in Nevada Gold's Cortez Mine. https://preview.redd.it/3j6y1pwf4f4b1.png?width=392&format=png&auto=webp&s=5aaaa09a49adb7ab1a2a5eec3481efe416212cad Figure 1. Map of Nevada showing location of Battle Mountain Projects, and select major gold mines. The Long Peak Project Long Peak is comprised of 34 unpatented claims located near Copper Basin and the Copper Canyon Mine in Lander County, Nevada. Long Peak hosts significant historic prospects, warranting further exploration at Long Peak. The Stargo Project Stargo is comprised of 337 unpatented claims located south of the Battle Mountain Trend in Nye County, Nevada. The large claim block contains attractive host rocks, tertiary age intrusives, and appropriate aged structural preparation to represent an attractive area for exploration target development. About Element79 Gold Element79 Gold is a mining company focused on gold, silver and associated metals and committed to maximizing shareholder value through responsible mining practices and sustainable development of its projects. Element79 Gold's main focus is on two core properties: developing its previously-producing, high-grade gold and silver mine, the Lucero project located in Arequipa, Peru, with the intent to bring it back into production in the near term; and its flagship Maverick Springs Project located in the famous gold mining district of northeastern Nevada, USA, between the Elko and White Pine Counties. Maverick Springs hosts a 43-101-compliant, pit-constrained mineral resource estimate reflecting an inferred resource of 3.71 million ounces of gold equivalent "AuEq" at a grade of 0.92 g/t AuEq (0.34 g/t Au and 43.4 g/t Ag) with an effective date of October 19, 2022. The acquisition of the Maverick Springs Project also included a portfolio of 15 properties along the Battle Mountain trend in Nevada, which are non-core to its primary business focus. In British Columbia, Element79 Gold has executed a Letter of Intent and funded a drilling program to acquire a private company that holds the option to 100% interest of the Snowbird High-Grade Gold Project, which consists of 10 mineral claims located in Central British Columbia, approximately 20km west of Fort St. James. The Company also has an option to acquire a 100% interest in the Dale Property, 90 unpatented mining claims located approximately 100 km southwest of Timmins, Ontario, Canada in the Timmins Mining Division, Dale Township. The Company is analyzing the non-core Nevada projects, The Dale Property and Snowbird Property for further merit of exploration, sale or spin-out. For more information about the Company, please visit www.element79.gold Contact Information For corporate matters, please contact: James C. Tworek, Chief Executive Officer E-mail: [[email protected]](mailto:[email protected]) For investor relations inquiries, please contact: Investor Relations Department Phone: +1 (613) 879-9387 E-mail: [[email protected]](mailto:[email protected]) |
2023.06.06 17:08 Budget-Pain3804 dsdsd
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2023.06.06 16:51 Then_Marionberry_259 JUN 06, 2023 TUO.V TEUTON PROVIDES UPDATE ON 2023 EXPLORATION AT TREATY CREEK PROJECT, GOLDEN TRIANGLE, NORTHWESTERN BRITISH COLUMBIA
![]() | https://preview.redd.it/e9zrd5l5ve4b1.png?width=3500&format=png&auto=webp&s=839aa9a665762eb7368c8de5a6346ad76bbe4b93 submitted by Then_Marionberry_259 to Treaty_Creek [link] [comments] (TheNewswire) June 6, 2023 – TheNewswire - Victoria , Canada –– Teuton Resources Corp. (“Teuton” or “the Company”) (TSXV:TUO) (Frankfurt:TFE) announces that it has received a report from its Joint Venture Partner Tudor Gold Corp. (“Tudor Gold”) stating that drilling progress has been made on its 2023 exploration program (the “ Program ”) at the Treaty Creek Joint Venture property, located in the Golden Triangle of Northwest British Columbia. To date, the Tudor Gold has successfully completed over 5,400 meters of infill and step-out drilling, which forms part of a larger diamond drilling campaign spanning at least 25,000 meters. Currently, there are four drill-rigs in operation. [For plan view, click here: http://teuton.com/PlanView0623 ]. The first hole of the season, GS-23-164 , a 150-meter step-out to the northeast has successfully reached its intended depth, intersecting the DS-5 Zone. This intersection revealed mineralization and veining from 558 m to 1,083 m, including a consistently observed, strongly altered, stockwork vein zone from 885 m to 972 m, similar to previous DS-5 holes. Another noteworthy drill-hole GS-23-167 , a 170-meter step-out, recently entered the CS-600 Zone intercepting disseminated chalcopyrite with minor copper sulphosalts and several semi-massive chalcopyrite veinlets associated with strong silicification and potassic alteration. [For core photos, click here: http://teuton.com/CorePhotos0623 ]. The Goldstorm system is now approaching 2,000 meters in length along the NE axis and remains open in all directions and at depth. Based on the exciting results of holes GS-23-164 and GS-23-167, another step-out drill hole, GS-23-169, was collared and is currently at 357 m of a planned 1200 m depth targeting a further 150 m NE step out from GS-23-167 of the CS-600 Zone. Furthermore, the technical team is planning to construct two additional drill pads for future drilling activities located at approximately 150 and 300 meters further to the northeast. These new drill pad locations will enable continued exploration of gold-copper mineralization targeting the north and northeast extensions of the CS-600 and DS-5 zones. In addition to the step-out holes, two infill holes are currently targeting areas of the Goldstorm Deposit to convert inferred resources to the indicated category. Hole GS-23-166-W1 , is at 570 m of a planned 1150 m depth and targeting a pocket of inferred CS-600 ounces, as well as a northward expansion of the DS-5 zone. Hole GS-23-168 is at 1008 m of a planned 1800 m depth and targeting the deep CS-600 zone infilling between holes GS-22-157 and GS-21-113-W2. Results from the Program will be provided by Tudor Gold once final assays are received and compiled. Ken Konkin, President and CEO of Tudor Gold, commented: “The safe and efficient start-up of 2023 exploration campaign has been a huge success. We thank our good neighbours at the Brucejack Mine for allowing our ground crews to mobilize drills, equipment and supplies over our winter road by utilizing the Brucejack Mine access road. We have successfully completed this exercise over that past few years and we very much appreciate the assistance to allow our crews to safely get the job done. The recent drill intercept in our northeastern most hole GS-23-167 has prompted our technical team to construct more drill pads to target the northeastern aspect of the deposit as clearly the CS-600 domain continues to expand in this direction. Pad builders are now completing several set-ups for the two-remaining drill-rigs that are committed to drill the Perfectstorm Zone which lies equi-distant between our Goldstorm Deposit and Seabridge Gold’s Iron Cap Deposit. We anticipate the start-up of the two rigs at Perfectstorm over the next 2-3 weeks.” The Program The 25,000 m diamond drilling program at Treaty Creek has been designed to test the north and northeast mineral extensions of the Goldstorm Deposit where drilling in 2021 and 2022 intercepted the highest grades of gold, copper and silver mineralization at the Treaty Creek Project. These results contributed to a significantly upgraded Mineral Resource Estimate, which reported an Indicated Mineral Resource of 23.37 million ounces (Moz) of gold equivalent (AuEQ) grading 1.13 g/t AuEQ and an Inferred Mineral Resource of 7.35 Moz of AuEQ grading 0.98 g/t AuEQ. In addition to the northern step-out drilling at the Goldstorm Deposit, Tudor Gold plans to carry out exploration drilling at the Perfectstorm Zone (“PSZ”) to follow up on six drill holes that were drilled in 2020 and 2021 which all intercepted gold and silver mineralization, highlighted by hole PS-21-06 which returned 118 m of 0.66 g/t gold, 3.69 g/t silver including 31.5 m of 0.84 g/t gold, 6.09 g/t silver. PSZ is a gold-dominant mineralized system measuring 1.3 kilometers (km) in strike length and is located approximately 2.5 km southwest of the Goldstorm Deposit and approximately 2.5 km northeast of Seabridge Gold’s Iron Cap Deposit near the southwestern boundary of the Treaty Claim block. Qualified Person The Qualified Person for this news release for the purposes of National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) is Tudor Gold’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. Dino Cremonese, P. Eng., is the Qualified Person for Teuton Resources; although he has not independently verified the technical information contained in this news release, he has no reason to believe it is not reliable; as President and CEO of Teuton, he is not independent of the Company. About Treaty Creek Teuton was the original staker of the Treaty Creek property, host to the large Goldstorm deposit, assembling the core land position in 1985. It presently holds a 20% carried interest in the Treaty Creek Project (Tudor Gold is responsible for paying all exploration costs up until such time as a production decision is made and owns a 60% interest; American Creek Resources owns the remaining 20% interest, also carried). Additionally, Teuton owns a 0.98% Net Smelter Royalty in the Goldstorm deposit area. It also owns numerous additional royalty interests within the Sulphurets Hydrothermal system on properties such as the King Tut, Tuck, High North, Orion, Delta and Fairweather properties. The Treaty Creek Project hosts the Goldstorm Deposit, a large gold-copper porphyry system, as well as several other mineralized zones. As disclosed in the March, 2023 news release [click here: http://teuton.com/2023ResourceEstimate/ ], the Goldstorm Deposit has an Indicated Mineral Resource (as defined in NI 43-101) of 23.37 Moz of AuEQ grading 1.13 g/t AuEQ (18.75 Moz gold grading 0.91 g/t, 2.18 Blbs copper grading 0.15 %, 112.4 Moz silver grading 5.45 g/t) and an Inferred Mineral Resource (as defined in NI 43-101) of 7.35 Moz of AuEQ grading 0.98 g/t AuEQ (5.54 Moz gold grading 0.74 g/t, 0.85 Blb copper grading 0.16 %, 45.08 Moz silver grading 5.99 g/t), with a pit constrained cut-off of 0.5 g/t AuEQ and an underground cut-off of 0.7 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 an intermediate intrusive stock and hosts the majority of the copper mineralization within the Goldstorm Deposit. CS-600 has an Indicated Mineral Resource of 9.86 Moz AuEQ grading 1.10 g/t AuEQ (6.22 Moz gold grading 0.70 g/t, 1.98 Blbs copper grading 0.32 %, 51.1 Moz silver grading 5.71 g/t) and an Inferred Mineral Resource of 3.71 Moz AuEQ grading 1.19 g/t AuEQ (2.32 Moz gold grading 0.75 g/t, 0.76 Blb copper grading 0.36 %, 18.71 Moz silver grading 6.01 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 Teuton Teuton owns interests in more than thirty properties in the prolific “Golden Triangle” area of northwest British Columbia and was one of the first companies to adopt what has since become known as the “prospect generator” model. This model minimizes share equity dilution while at the same time maximizing opportunity. Earnings provided from option payments (received in cash and often also in shares of the optionee companies), have provided substantial income to Teuton. Interested parties can access information about Teuton at the Company’s website, www.teuton.com Respectfully submitted, "Dino Cremonese, P.Eng." Dino Cremonese, P. Eng., President and Chief Executive Officer For further information, please visit the Company's website at www.teuton.com or contact: Barry Holmes Corporate Development and Communications Tel. 778-430-5680 Email: [[email protected]](mailto:[email protected]) Neither the 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 Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. All statements relating to future plans, objectives or expectations of the Company are forward-looking statements that involve various risks and uncertainties. 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. 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. Copyright (c) 2023 TheNewswire - All rights reserved. https://preview.redd.it/73d59vo5ve4b1.png?width=4000&format=png&auto=webp&s=936cf3613a99aff9d68f97cf6c6edfed672ea355
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2023.06.06 16:40 sp_4449 Lets fucking go
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2023.06.06 16:38 No_Champion_1212 This is a really strange coincidence…
![]() | This might be nothing but the DIOR x CJ show where he previewed LF and other beats got streamed June 25th which is very near the 23rd (I’m not sure if this was already posted but I was just thinking bout that today) submitted by No_Champion_1212 to travisscott [link] [comments] |
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2023.06.06 16:01 Tough-Dimension3443 Introducing FART COIN — The Most Captivating Investment of 2023! 🎉
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2023.06.06 14:58 mwdavisii First Time Fishing Shelby Farms
![]() | Started at the southwest corner of Beaver Lake and walked the bank west and around back to the dock. Caught these 2 young ones on the shade side of the dock. submitted by mwdavisii to MemphisFishing [link] [comments] |
2023.06.06 14:48 Impressive-Simple-75 Newer flyer ticket question
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![]() | https://preview.redd.it/adhkvgol8e4b1.jpg?width=1920&format=pjpg&auto=webp&s=559272da6cb48ac4f43354cd9d7d8b30fd8cbbae submitted by dclimoandcarservice to u/dclimoandcarservice [link] [comments] When you’re looking for a great BWI Car Service, how you know if you’re getting one that is perfect for you or your business? There are many factors that go into a valuable car service, whether it’s for airport transportation, business meetings, anniversary dinners, or anything else. What to consider with a DC Limo Service? https://preview.redd.it/8mqn9nms8e4b1.jpg?width=1920&format=pjpg&auto=webp&s=6c7eb4798c9c4096c01d2fc97e63a721c0aeab31 First and foremost, you want to make sure the company you choose is reliable. If you don’t arrive at the airport on time, what’s the point of relying on a car service in the first place? When your flight will be returning, you want a company that will monitor incoming flights to ensure somebody is there to meet you when your plane arrives, even if it comes in late due to weather related delays or mechanical issues. Safety should also be important. When it comes to any Baltimore Airport Car Service, safety should be one of their top priorities. If it’s not, if they have a history of getting involved in accidents or putting clients at risk, run the other way. https://preview.redd.it/o57c7iht8e4b1.jpg?width=1920&format=pjpg&auto=webp&s=b6694a2498f2ed89a190fad8237c26293926dd14 A quality Baltimore Airport Limo should be reliable. Reliability is essential. They should have the latest GPS navigation equipment installed on every vehicle, drivers who are incredibly knowledgeable about the area roads, and that should help them get around almost any delay, from accidents to construction, and anything else. https://preview.redd.it/055zzb6u8e4b1.jpg?width=1920&format=pjpg&auto=webp&s=b3ccd0b96d56f288700509760b9a616dfd70ced3 When you look for a BWI Car Service, it’s easy to overlook some of the factors that make all the difference in the world in the end. Call us Now at (202) 765-2350 Source: https://dclimoandcarservice.blogspot.com/2023/06/limo-service-dc-should-monitor-flights.html |
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2023.06.06 13:15 sactown2020 My FrenchBee experience
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2023.06.06 12:47 Then_Marionberry_259 JUN 06, 2023 TUD.V TUDOR GOLD PROVIDES UPDATE ON 2023 EXPLORATION PROGRAM WITH OVER 5,400 METERS DRILLED AT THE TREATY CREEK PROPERTY, GOLDEN TRIANGLE, BRITISH COLUMBIA
![]() | https://preview.redd.it/qki3av3qnd4b1.png?width=3500&format=png&auto=webp&s=b1a2704e00f6400293e30b4d5a1cdfe48c4a8999 submitted by Then_Marionberry_259 to Treaty_Creek [link] [comments] Vancouver, British Columbia--(Newsfile Corp. - June 6, 2023) - Tudor Gold Corp. (TSXV: TUD) (FSE: H56) (the "Company" or "Tudor Gold") is pleased to announce that significant drilling progress has been made on its 2023 exploration program (the "Program") at its flagship property, Treaty Creek, located in the Golden Triangle of Northwest British Columbia. https://preview.redd.it/s44aze6qnd4b1.jpg?width=2544&format=pjpg&auto=webp&s=cdebd730894ae3efa2b26e257cf7fdbf689fcd2a The first hole of the season, GS-23-164, a 150-meter step-out to the northeast has successfully reached its intended depth, intersecting the DS-5 Zone. This intersection revealed mineralization and veining from 558 m to 1,083 m, including a consistently observed, strongly altered, stockwork vein zone from 885 m to 972 m, similar to previous DS-5 holes. https://preview.redd.it/4gagbf8qnd4b1.jpg?width=3149&format=pjpg&auto=webp&s=6810e27ed496e1fbc816cd0edd9f10f7d362e86d Based on the exciting results of holes GS-23-164 and GS-23-167, another step-out drill hole, GS-23-169, was collared and is currently at 357 m of a planned 1200 m depth targeting a further 150 m NE step out from GS-23-167 of the CS-600 Zone. Furthermore, the technical team is planning to construct two additional drill pads for future drilling activities located at approximately 150 and 300 meters further to the northeast. These new drill pad locations will enable continued exploration of gold-copper mineralization targeting the north and northeast extensions of the CS-600 and DS-5 zones. In addition to the step-out holes, two infill holes are currently targeting areas of the Goldstorm Deposit to convert inferred resources to the indicated category. Hole GS-23-166-W1, is at 570 m of a planned 1150 m depth and targeting a pocket of inferred CS-600 ounces, as well as a northward expansion of the DS-5 zone. Hole GS-23-168 is at 1008 m of a planned 1800 m depth and targeting the deep CS-600 zone infilling between holes GS-22-157 and GS-21-113-W2. Results from the Program will be provided by the Company once final assays are received and compiled. Ken Konkin, President and CEO, comments, "The safe and efficient start-up of 2023 exploration campaign has been a huge success. We thank our good neighbours at the Brucejack Mine for allowing our ground crews to mobilize drills, equipment and supplies over our winter road by utilizing the Brucejack Mine access road. We have successfully completed this exercise over that past few years and we very much appreciate the assistance to allow our crews to safely get the job done. The recent drill intercept in our northeastern most hole GS-23-167 has prompted our technical team to construct more drill pads to target the northeastern aspect of the deposit as clearly the CS-600 domain continues to expand in this direction. Pad builders are now completing several set-ups for the two-remaining drill-rigs that are committed to drill the Perfectstorm Zone which lies equi-distant between our Goldstorm Deposit and Seabridge Gold's Iron Cap Deposit. We anticipate the start-up of the two rigs at Perfectstorm over the next 2-3 weeks." The Program The 25,000 m diamond drilling program at Treaty Creek has been designed to test the north and northeast mineral extensions of the Goldstorm Deposit where drilling in 2021 and 2022 intercepted the highest grades of gold, copper and silver mineralization at the Treaty Creek Project. These results contributed to a significantly upgraded Mineral Resource Estimate (the "March News Release"), which reported an Indicated Mineral Resource of 23.37 million ounces (Moz) of gold equivalent (AuEQ) grading 1.13 g/t AuEQ and an Inferred Mineral Resource of 7.35 Moz of AuEQ grading 0.98 g/t AuEQ. In addition to the northern step-out drilling at the Goldstorm Deposit, the Company plans to carry out exploration drilling at the Perfectstorm Zone ("PSZ") to follow up on six drill holes that were drilled in 2020 and 2021 which all intercepted gold and silver mineralization, highlighted by hole PS-21-06 which returned 118 m of 0.66 g/t gold, 3.69 g/t silver including 31.5 m of 0.84 g/t gold, 6.09 g/t silver. PSZ is a gold-dominant mineralized system measuring 1.3 kilometers (km) in strike length and is located approximately 2.5 km southwest of the Goldstorm Deposit and approximately 2.5 km northeast of Seabridge Gold's Iron Cap Deposit near the southwestern boundary of the Treaty Claim block. Qualified Person The Qualified Person for this news release for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 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. About Treaty Creek The Treaty Creek Project hosts the Goldstorm Deposit, a large gold-copper porphyry system, as well as several other mineralized zones. As disclosed in the March News Release, the Goldstorm Deposit has an Indicated Mineral Resource (as defined in NI 43-101) of 23.37 Moz of AuEQ grading 1.13 g/t AuEQ (18.75 Moz gold grading 0.91 g/t, 2.18 Blbs copper grading 0.15 %, 112.4 Moz silver grading 5.45 g/t) and an Inferred Mineral Resource (as defined in NI 43-101) of 7.35 Moz of AuEQ grading 0.98 g/t AuEQ (5.54 Moz gold grading 0.74 g/t, 0.85 Blb copper grading 0.16 %, 45.08 Moz silver grading 5.99 g/t), with a pit constrained cut-off of 0.5 g/t AuEQ and an underground cut-off of 0.7 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 an intermediate intrusive stock and hosts the majority of the copper mineralization within the Goldstorm Deposit. CS-600 has an Indicated Mineral Resource of 9.86 Moz AuEQ grading 1.10 g/t AuEQ (6.22 Moz gold grading 0.70 g/t, 1.98 Blbs copper grading 0.32 %, 51.1 Moz silver grading 5.71 g/t) and an Inferred Mineral Resource of 3.71 Moz AuEQ grading 1.19 g/t AuEQ (2.32 Moz gold grading 0.75 g/t, 0.76 Blb copper grading 0.36 %, 18.71 Moz silver grading 6.01 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 Corp. 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 Newcrest Mining'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 Head of Corporate Development and Communications Phone: (604) 559 8092 E-Mail: [[email protected]](mailto:[email protected]) or Carsten Ringler Head of Investor Relations and Communications Phone: +49 151 55362000 E-Mail: [[email protected]](mailto:[email protected]) Cautionary Note Regarding Forward-looking Information 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. 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. Goldstorm Deposit – Planview Map https://preview.redd.it/0nhprcaqnd4b1.jpg?width=2544&format=pjpg&auto=webp&s=0a7eeb62c66b228c22e1c3471110993929896a83 Hole GS-23-167 Core Photos https://preview.redd.it/ixibxccqnd4b1.jpg?width=3149&format=pjpg&auto=webp&s=5e9d57371e085b1f1c854e03057cd701efc75176 To view the source version of this press release, please visit https://www.newsfilecorp.com/release/168869 https://preview.redd.it/h9omoaeqnd4b1.png?width=4000&format=png&auto=webp&s=ca445906378ce1b1be6bc15ee3b771c765fe5504
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