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Bullboard - Stock Discussion Forum 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... see more

TSXV:TUD - Post Discussion

Tudor Gold Corp > NEXT MAJOR DISCOVERY IN TBE GT
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Post by curtis111 on Feb 09, 2021 10:23am

NEXT MAJOR DISCOVERY IN TBE GT

Stockhouse Logo Search Companies, etc News Featured News The Next Mega Deposit in the Golden Triangle The Next Mega Deposit in the Golden Triangle Dave Jackson Dave Jackson, Stockhouse 0 Comments| 1 hour ago 0 + Favorites British Columbias Golden Triangle mining regionrugged, rocky, remote. But the word remote is relative. 25 years ago, this resource-rich area tucked in the northwestern corner of the province had limited transportation access, an unreliable communications system, and little infrastructure. Thus, for most mining companies, exploring and developing mining operations was cost prohibitive. Click to enlarge with a new tab (Click image to enlarge) But times have changed. As reported on Stockhouse back in October 2018, the Golden Triangle has indeed become a bright spot in gold exploration with new road and power infrastructure built by the BC government that includes: the paving of the Stewart-Cassiar Highway north from Smithers port facilities for export of concentrate at the town of Stewart BC and most importantly a $700 million high voltage transmission line to bring the cheapest power in the world to mining properties previously inaccessible to the grid and reliant on diesel-powered portable generators. As its name implies, BCs prolific Golden Triangle has hosted many past producing gold mines, with several more in various stages of being brought into production. Now, one company in particular brings significant experience at the development and managerial level in the region, with an exceptional portfolio to boot. That company is American Creek Resources Ltd. (AMK ) (TSX-V.AMK, OTCMKTS: ACKRF, Forum) a well-positioned precious metals exploration company with high quality assets in significant mineral belts of BC, including three properties in the aforementioned Golden Triangle. A potential world class deposit is currently being developed at the Treaty Creek JV Project with Tudor Gold (TSX-V.TUD) located adjacent to Seabridge Gold and Pretium. In addition, the 100% owned past producing high-grade Dunwell Mine has shown indications of a substantial additional ore body beneath the historic workings. Click to enlarge with a new tab (Click image to enlarge) AMKs cornerstone Treaty Creek Project has both retail and institutional investors taking notice, including billionaire mining investment guru Eric Sprott to the tune of nearly $3 million in equity financing. On December 13, 2019 Mr. Sprott commented: "Treaty Creek has a great shot at having 20 million ounces, the holes are so deep, they have a thousand-meter holes that are running close to a gram a ton and it's wide open, so I'm very excited about the opportunity there". He continues to put his money where his mouth is and has given another huge endorsement to the Treaty Creek project with this latest significant injection of cash. He also made two prior $1,000,000 investments in American Creek earlier in 2019. And he upped the ante on July 24, 2020: It certainly looks like they have 20 million ounces and they could easily get to 30 or 40 or 50 million ounces (of gold)"
Comment by CobraShelby on Feb 09, 2021 10:34am
I gave you a thump up for this one Curtis111 Olds news, but always refreshing . Cant's wait to see Eric back .