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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 rockport1on May 29, 2024 2:45pm
148 Views
Post# 36062818

Treaty Creek drilling costs

Treaty Creek drilling costsFor a 10,000 meter program at Treaty Creek it will cost something around C $6 million as estimated here:

Drilling      $250/m  = $2,500,000
Assays     $  50/m  = $   500,000
Field staff  = $1,000,000
Camp  =  $350,000
Helicopter = $1,500,000

Total = $5,850,000

The helicopter costs could be off because this is an estimate of how many hours are needed. It should be close based on the past costs for Treaty Creek.  Current rate is $1900-2000/hour.  I estimated just under 800 hours.


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