Since 2019, Tudor Gold (TSXV: TUD) has discovered significant copper mineralization at the flagship Treaty Creek gold-silver project’s Goldstorm deposit in central British Columbia’s Golden Triangle. It expects further drilling will deliver a lucrative critical minerals component to what was formerly positioned as a gold-silver-only project.
According to Tudor CEO Ken Konkin, Tudor focused its exploration on the known gold-silver targets at the brownfields project because the company was conserving cash at the time. However, the team quickly realized the project had a strong copper anomaly, which the company is using to reposition with the critical mineral component added to it.
“The goal is to get it from roughly 3 billion lb. to a 4 billion lb. copper exploration target across all resource categories,” Konkin told The Northern Miner’s Editor-in-Chief, Alisha Hiyate, during a sit-down interview at the recent Canadian Mining Symposium in London.
A March updated resource for Treaty Creek’s Goldstorm deposit resulted in a 53% increase in the gold equivalent grade and a 20% increase in gold-equivalent ounces in the indicated category. In addition to the gold and silver, Tudor delineated a total resource of 3 billion lb. of copper.
The project’s next phase will focus on drilling off the copper deposit and “stitching it all together” in a preliminary economic assessment based on the established gold, silver and copper resources next year.
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