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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 Coyb88on Oct 21, 2024 11:53am
52 Views
Post# 36274876

RE:RE:SEA's worse Nightmare

RE:RE:SEA's worse Nightmare"When SEA starts tunneling, the mineralization that comes out of the tunnels is stockpiled for TUD because TUD has the mineral rights. So nothing is lost."

Lets take a look at this, csk. From the 2020 SEA feasability study, SEA is planning for the MTT to be twin tunnels of 4.28m x 5.10m dimension. Lets assume these tunnels cut across ~1km of strike length of the Goldstorm deposit (could be more, could be less, I will let you come up with an appropriate estimation for this if you disagree). 

Volume of the tunnels = material Tudor would receive

4.28m * 5.10m * 1000m *2 tunnels = 43,656 m3

From Tudor's 43-101, a density of 2.81 g/cm3 = tonnes/m3

43,656 m3 * 2.81 tonnes/m3 = 122,673 tonnes of material. 

The tonnage of the Goldstorm deposit is 730,200,000 tonnes (730 million tonnes). 

So Tudor would receive 122,673 tonnes out of a deposit size of 730 million or approximately 0.01%. 

Now, CSK, seeing as how you have stated nothing would be lost, can you please come up with a reasonable estimate for how much volume around the tunnels that any reasonable mine plan would have to concede to not interfere with the tunnel infrastucture. Think about both open pit and underground block caving mine plans.

If you state that nothing is lost, please consider a rational thought process on what that might entail. Perhaps that is too challenging for you. 
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