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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

Bullboard Posts
Comment by Lookingdeeper01on Nov 09, 2018 12:22pm
110 Views
Post# 28951055

RE:RE:RE:Drill results

RE:RE:RE:Drill resultsI'm not so sure about that. 
First, the plant circuit for the KSM will be designed to deal with a different type of rock and ore. To add the "theoretical" ore from Copper Belle will not work as it is a different rock type, with different metals in it. Again, KSM is a Copper-Gold porphyry, and Copper Belle nobody knows yet, but surely is not the same. 
Besides, even though in the map the proposed KSM tunnel passes right through the CB, seeing it in long section, the areas found in 2018 are hundreds of meters below that tunnel. Opening the infrastructure or re-designing the tunnel to be a haulage-production one, changes completely the economics of the curently designed ones. Mine development cannot be done from those tunnels (long story short, need to get all the mining equipment through them, ventilation, throughput or ore and waste, etc, in something that has already that capacity) and 
mining the CB will require its own access tunnels and mine infrastructure, not just a tunnel on top and voila, there is another mine to feed the proposed KSM plant. 
And the most important thing of all, so far THERE IS NO RESOURCE ESTIMATE at Treaty Creek/Copper Belle, nor it seems it will be one, at least for Copper Belle. The previous press release is COMPLETELY MISLEADING with the wording: Indicated the potential, that by no means is an indicated mineral resource. Why IIROC allowed to post something like that?? In any case, as stated in that same press release: "The potential tonnages and grades are conceptual in nature, there has been insufficient exploration to define a current mineral resource and it is uncertain if further exploration will result in the delineation of a current mineral resource".
Bullboard Posts