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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 has 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 Company has a 60% interest in Treaty Creek gold project, located in northwestern British Columbia, which is host to the Goldstorm Deposit, a large gold-copper porphyry system, as well as several other mineralized zones. The Company's Treaty Creek property covers an area of approximately 17,913 hectares.


TSXV:TUD - Post by User

Post by Peterc31on May 07, 2023 6:11pm
286 Views
Post# 35435579

Redo the MRE

Redo the MREI just signed up because something has to be said about Tudors huge, stated gold resource in BC.  The metallurgical data provided in Section 13 of the last technical report indicates the valuation of this property would be negligible, unless there are high grade pocketsCertainly no where close to 25 million tonnes.  Common knowledge in the industry is if its refractory gold in high pyrite, it would need >3 g/t Au cut-off grade (and not Au equivalent).    That’s well above the average grade of the entire property.  If you mine below that grade you lose money. The copper content is more a hindrance than a help since it doesn’t come close to producing a flotation concentrate that can be sold. There appear to be other technical and infrastructure challenges as well.  The involved professional firms should understand all this.  Maybe the resource geologists and the metallurgist who signed off have a talk to each other.  Then put out a qualifier; or else there are going to be some very unhappy late comer investors who will lose millions based on the highly misleading MRE as reported in the April 28 Technical Report.

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