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Tudor Gold Corp V.TUD

Alternate Symbol(s):  TDRRF

Tudor Gold Corp. is a Canada-based precious and base metals exploration and development company. The Company develops its 60% owned Treaty Creek gold project, located in northwestern British Columbia. The Company's Treaty Creek property covers an area of approximately 17,918 hectares.


TSXV:TUD - Post by User

Post by rockport1on May 18, 2024 3:36pm
158 Views
Post# 36047476

KSM MTT gives Goldstorm a 5 year headstart to catch up

KSM MTT gives Goldstorm a 5 year headstart to catch upKSM is currently well ahead of Goldstorm in the mine development timelines. However, keep in mind that the MTT alone will take five years to build.  Goldstorm can "catch-up" several years even once the new MTT construction begins. 

I would expect that it may take a couple of years to finalize a new MTT route and conduct all the geotechnical work, etc.  That would imply a seven years notice before mine commissioning for KSM.  

Assume for a moment that Tudor can find the limits of Goldstorm within two years, then take another two years to a PFS;  another three years to a bankable FS.  On the assumption that both KSM and Goldstorm eventually go forward, the startup dates could end up within a few years of each other.

Of course, this scenario is dependent on many factors, not the least that Tudor will fastrack Goldstorm at the expense of all other TC deposits.   It does indicate that because KSM has progressed so slowly and has a long buildout, that the two projects are much closer in mine development timelines than it appears at this moment. 
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