Tudor Gold Corp.

Published : March 01st, 2018

Tudor Gold Targets Sulphurets Thrust Fault Convergence Area Next to Iron Cap Deposit

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Tudor Gold Targets Sulphurets Thrust Fault Convergence Area Next to Iron Cap Deposit

Vancouver, British Columbia--(Newsfile Corp. - March 1, 2018) - Tudor Gold Corp. (TSXV: TUD) (FSE: TUC) (the "Company" or "Tudor Gold") is pleased to announce a new high-priority exploration target for 2018 on the Treaty Creek Property. Recent news from Seabridge Gold on the improving gold grades and growing size of their Iron Cap Deep discovery, combined with data from Tudor's EM, Mag & MT geophysical surveys, has prompted scheduling the Sulphurets Thrust Fault Convergence Area as a priority exploration target for 2018.

Proposed Exploration Plans for 2018

Copper Belle Zone

The Copper Belle zone will remain a top priority as we continue step-out drilling to the NE where gold grades over long intercepts have been improving. This drilling will provide the geo-data required to build out our preliminary resource estimate.

GR2 (including HC & RR), Orpiment, Konkin and AW Zones

Field geologists will continue surface exploration on these secondary targets with mapping, sampling and geochem analysis of the Konkin zone with 1.2m of 870 g/t gold, and the AW zone where float specimens ran up to 255 g/t gold. The Konkin and AW zones are located between the Copper Belle, Iron Cap and Sulphurets Dome. Detailed plans will be announced once finalized.

Sulphurets Thrust Fault Convergence Area

A prominent EM anomaly is located on the northeast side of the Sulphurets Dome between the Brucejack, Sulphurets and Iron Cap thrust faults. The 23 km Sulphurets Fault hosts the Kerr, Deep Kerr, Sulphurets, Mitchell, Snowfields, Iron Cap and Iron Cap Deep deposits. The Brucejack Fault hosts Pretium's Valley of the Kings Mine and converges with the Sulphurets Thrust Fault inside the Treaty Creek Property.

Below, is a B.C. government map with 'fault overlay' that clearly shows the numerous faults in the Sulphurets Convergence Area. This is part of the Sulphurets Hydrothermal System which is considered to be one of the seven largest in the world, hosting one of the greatest concentrations of metal value on the planet: including the largest undeveloped gold/copper deposits (Seabridge's KSM/Iron Cap) in the world by reserves containing 38.8 million ounces gold and 10.2 billion lbs copper. The northern half of this Sulphurets Hydrothermal System is inside the Treaty Creek Property. The geology, geophysics, fault systems and Jurassic/Triassic contact support the potential for additional discoveries within this hydrothermal system as stated in independent reports by respected geologists: Alldrick, 1988; Sillitoe, 2010; Savell, 2012; Kruchkowski, 2014; Alldrick, 2014; Nelson/Kyba, 2014.

Measured as a linear surface track, 52% of the thrust faults comprising the Sulphurets Hydrothermal System are within the Treaty Creek boundary as shown by the converging fault systems in the map below. The Sulphurets Thrust Fault in this area also divides the Triassic Stuhini rock group from the Jurassic Hazelton rock group (southeast side of the fault). This Triassic/Jurassic contact is also known as the Kyba Red Line, based on the seminal government research report co-authored by JoAnne Nelson and Jeff Kyba in 2014.

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Tudor Gold Corp.

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Tudor Gold Corp. is based in Canada.

Tudor Gold Corp. is listed in Canada. Its market capitalisation is CA$ 56.4 millions as of today (US$ 41.3 millions, € 38.6 millions).

Its stock quote reached its lowest recent point on December 28, 2018 at CA$ 0.20, and its highest recent level on August 07, 2020 at CA$ 4.51.

Tudor Gold Corp. has 65 620 004 shares outstanding.

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