KK message todayA Message from Ken Konkin Tudor Gold’s President & CEO
Dear shareholders, stakeholders, and friends,
This summer has been a busy time for us as our 10,000-meter 2024 drilling campaign at the Goldstorm deposit nears completion. I’m happy to share that this year’s program, which has been highly productive, is on schedule and on track to stay within budget.
As you may recall, the 2024 drilling program was designed to target the high-grade Supercell-One (SC-1) area and to extend and infill the gold-copper CS600 domain. The Company has been very pleased with the results that have been achieved to date with the recently announced assays from the first four drill holes, confirming the SC-1 target as a significant new discovery. This high-grade gold system spans an area up to 800 meters in length and 400 meters in depth, with three sub-parallel structures that remain open in all directions and at depth. Drill results from the SC-1 area included the following highlights:
- Hole GS-24-181 intersected 3 separate high-grade intervals of the Supercell System:
- SC-1A; 9.02 g/t AuEQ over 2.00m (8.97 g/t Au, 3.73 g/t Ag, 0.01% Cu); and
- SC-1B; 11.05 g/t AuEQ over 3.00m (8.28 g/t Au, 126.50 g/t Ag, 1.21% Cu); and
- SC-1C; 5.31 g/t AuEQ over 6.00m (5.02 g/t Au, 3.32 g/t Ag, 0.21% Cu)
- Hole GS-24-183-W1 intersected 3 separate high-grade intervals of the Supercell System:
- SC-1A; 6.76 g/t AuEQ over 6.00m (6.44 g/t Au, 26.62 g/t Ag, 0.04% Cu); and
- SC-1B; 13.89 g/t AuEQ over 6.30m (4.25 g/t Au, 224.59 g/t Ag, 5.96% Cu); and
- SC-1C; 5.12 g/t AuEQ over 9.00m (5.08 g/t Au, 1.24 g/t Ag, 0.02% Cu)
- SC-1C; 8.09 g/t AuEQ over 6.15m (5.44 g/t Au, 63.77 g/t Ag, 1.62% Cu) within a wider structure of 3.54 g/t AuEQ over 19.65m (1.96 g/t Au, 39.05 g/t Ag, 0.96% Cu)
- Hole GS-24-184 intersected the original SC-1, discovered in 2022, now labelled as SC-1C:
The next set of drill results from the 2024 program is expected to be released in the first part of September once the assays are received and interpreted by our technical team.
On July 15, 2024, the Government of BC, in partnership with Energy and Natural Resources Canada, reaffirmed its commitment to our industry by announcing a $195 million investment to upgrade road infrastructure in northwest BC. This funding will improve infrastructure for the Tahltan Nation and enhance the highway system to support mining activities. This is significant news for our region, as the governments will specifically upgrade Highways 37, 37A, and 51, which serve the Tahltan communities.
Beverly Slater, President, Tahltan Central Government stated: “Mining is a part of our culture and economy. For thousands of years, Tahltans prospected, mined, and traded obsidian. While we recognize the need for critical minerals for a low-carbon future, this can only happen with the free, prior, and informed consent of Indigenous Peoples; therefore, the pace and scale of mining in our territory will be determined by the Tahltan Nation. Today’s announcement regarding safer highways for our people is welcomed by the Tahltan Nation.”
On the marketing front, in July the Company completed an investor road show in Florida which included attending the Rule Symposium in Boca Raton and conducting several meetings with resource investors within the Miami area. This was followed up by a presentation in Atlanta, Georgia where Tudor Gold received a very positive reception from over 30 brokers and investors in attendance.
Over the month of September, the Company will continue its marketing efforts by attending the Precious Metals Summit in Beaver Creek and the Gold Forum Americas event in Colorado Springs. Investor interest in Tudor Gold at these conferences has never been stronger with the Company confirming over 50 meetings to date with resource investors and major mining companies. I am excited to present at these events, which will be live-streamed. For more details you can visit the respective website for the
Precious Metals Summit, Beaver Creek and
Gold Forum Americas.
Furthermore, the Company is planning to market in Europe and the UK towards the end of the year. If you would like to schedule a meeting with us, please do not hesitate to reach out to Chris Curran, our VP of Investor Relations and Corporate Development at
chris.curran@tudor-gold.com, or Patrick Donnelly, our VP of Capital Markets at
patrick@tudor-gold.com.
Finally, Tudor Gold has been featured in several video interviews released during the summer months and was also the subject of an article by Brien Lundin, the author of the Golden Opportunities Newsletter. For those who haven't yet viewed the interviews or read the article, please click on the links below:
Thank you for your continued support and trust in our team.
Sincerely,
Ken Konkin
President and CEO, Tudor Gold Corp.
View of one of the drills operating at Treaty Creek in the Summer of 2024
Photo of strong quartz stockwork from the CS-600 Zone
Photo of the 300N Domain mineralization: large blebs of orange-beige sphalerite amidst ribbon of galena hosted in quartz-calcite vein cutting phyllic-altered volcanic unit.
View of the Lower Camp at Treaty Creek.