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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 Larry60on May 29, 2024 10:49am
78 Views
Post# 36062292

RE:RE:RE:RE:How much $$ to drill 10 000 meters , 4 million ?

RE:RE:RE:RE:How much $$ to drill 10 000 meters , 4 million ?PS for context, TUD spent around $25M on exploration last yeaar (maybe another $5M on overahead).   They drilled about 30,000 meters.  So there was an extra $10M in associated costs, likely a good portion fixed.

Larry60 wrote: Agreed that TUD drilling costs at the margin are a fraction of what CSK stated ie. likely in the $500 range

Having said that, the fixed costs associated with the camp are significant.  But while that drains $$$ from TUD (in the millions) it does not impact thee cost of addint drilling Ms

Coyb88 wrote: CSK sounds like you have extensive experience running a drill program. The average all in $/m is $400-$600 making your estimate overblown by approximately 3 times. 

On one hand a heli supported program would be on the upper end of that range but Tudor has a well established camp and logistics system in place so I wouldn't be surprised if they ran a little bit on the leaner side. 

So ya, just more negative, excagerated drivel from you. 




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