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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

Comment by cskhurasuon May 18, 2023 2:44pm
112 Views
Post# 35455056

RE:RE:RE:RE:RE:The 3 SEA promoters

RE:RE:RE:RE:RE:The 3 SEA promoters The current SEA tunnels route through TC remains valid until TUD comes up with a PFS reserve and then it likely needs to be moved if it interferes with the TUD reserves.. The route will then be moved voluntarily according to statements by Rudi Fronk, their CEO.

Why does SEA plan on using tunnels? Because it is the lowest cost way to move ore from the mines to the mill and tailings facility. It is not a handicap...not a bug but a feature of the project design. The mill needs to go near a valley that has the right characteristics and size to host the tailings facility. The mines are where the mines are. The connection is by way of tunnels. This is how most large mines work.

It's up to TUD to prove it has an economic deposit. I don't think SEA is going to wait if they get a partner. They will build tunnels and move them if required. KSM is so profitable it just doesn't matter. TUD only has bargaining chips if it has economic reserves. In, say, 5 or 6 years. And even then, moving the route is not a big deal according to statements by Rudi Fronk.
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