Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 bigboy999on Dec 11, 2023 7:44pm
148 Views
Post# 35778986

RE:What's the value of the 1% NSR on Treaty Creek?

RE:What's the value of the 1% NSR on Treaty Creek?Here's a case study from TUO's website. Factor in how many ozs' you think TC will yield and you'll have a good idea. Don't forget to multiply ozs' by .2. It's no small thing.

Case Study #1 calculation:
  Seabridge Gold’s Snowfield property currently has a resource of 25.9 million ounces of gold (1,370 million tonnes at 0.59 g/t gold).   Assuming 90% of this gold is recoverable, we are left with 23.3 million ounces.  Subtract 10% of this for typical NSR deductions:  that leaves 21.0 million ounces, of which 1% or 210,000 ounces is payable to the royalty owner.  Value at the current gold price of $2,268 CDN is $476 million.

GTLA, I think our ship is finally coming in .......... BB
<< Previous
Bullboard Posts
Next >>