Tudor Gold Corp V.TUD

Anyone who is interested on doing a little DD.....

[Jetstream1281]

Here are some things for you to look at that may make you feel better about things:

1. Read the TUD technical report - they DO speak to the metallurgy as well as recoveries using flotation (if memory serves it was ~95% recovery on sulfide ore and in the high 80s overall.)

2. Read about gravity flotation concentration. What you will find is that the process typically concentrates the metals by 70-90 times

3. Read about flotation concentrates and copper smelting processes. What you will find is that these types of concentrates are EASY for copper smelters to treat. I've mentioned this before that the precious metals end up in the slimes during the copper smelting process - no special tweaks needed. Then you collect those slimes (which they will do anyway) and process them for those precious metals. This is something that literally EVERY copper smelter will do as they will not let those metals just go to waste.

Typically agreements will have smelters pay for any gold above ~1g/ton in the concenterate material that they are buying. In a concentrate from this ore it should be many times that even with the grades we have. Does it matter whether it's a copper concentrate or a gold concentrate as long as someone buys the metal? Nope. money is money. If the copper is concentrated that 70-90 times you end up with 35-45% copper in the concentrate. What copper smelter isn't going to buy that? Say just for argument that we only had 0.1 g/ton gold. That still would end up being 7-9 g/tonne in a concentrate. TC ore will more likely to be in the 20-30 g/ton range at a minimum.

Don't believe what anyone says - including myself - without verification. This information is easy to look up. Do it for yourself and you'll feel much better about this investment. Don't let the "mining engineers" of the world disillusion you....

[Jetstream1281]

Also, watch Ken's presentations and look at his (and his team's) history with Pretium.

[fordster]

Thanks for that info...me not being a professional made me stay clear of specifics...but did I hear KK right in possibly just mixing it with a higher copper ore? I would imagine all of the mines in the area are dealing with the identical situation.

[cskhurasu]

Tudor's TC metallurgical problem is clear as day. I have written about it here many times, in a similar vein to Sasha11. This is not difficult stuff. Refractory low grades in remote locations do not work. A 2 gram gold concentrate does not cover the costs of transportation to a refinery much less mining, milling and smelting. It is very hard to understand why the drilling continues when the

[Sasha11]

Hey Jetstream you and your insider buddies manged to drag my reputation ranking down by more than half in First to your points.  I did look it up.   95% gold recovery?  I can get 99% gold recovery from seawater.  What processes did you use, how much did it cost, what is the end product, certainly not Dore.  Yes flotation can get 70 times upgrade from oxide or low

[alpha74]

@sasha Do you really think you ever had a reputation here? You claim to be an expert here, even though you seem to understand very little, especially about Treaty Creek. The two keys at Treaty Crekk are consistency and size! The largest gold mines in the world are gigantic open pits with low grade consistent ore - like what Tudor has at Treaty Creek. You should read the 43-101 technical report

[fordster]

Step aside Longh and Strong....Sasha's in the house now! (Who had no reputation to begin with). Sasha, going over your texts, you're  consistently overly negative and you seem to like to use the sulfur issue over and over on other BBs. Sulfur allergy?   ...do you wish to stick to your claim that Nevada mines are low sulfur?

[Jetstream1281]

You say you don't call companies out and yet when you look at your post history you seem to do almost exclusively that. I called you out because you are pretty clearly lying about being a mining engineer. An engineer would have used the term "sulfides" rather than sulfur. A mining engineer would also know that you don't do  PEA until the resource has been delineated. If you

[Jetstream1281]

One more thing I forgot to mention.....If you do a little research you will find that copper smelters almost exclusively process flotation concentrates.....which is why i specified that the gold recoveries were achieved using that method. Also, here is where I got my information regarding the level of gold which is paid for by smelters.... https://www.teck.com/media/CESL-Publication-Gold-New

[Sasha11]

Jetstream I call companies out because I am tied of all the self promoting BS that a responsible company should be putting out.  I am an engineer and my opinion is this is not a project because it wont make money. The mining is probably easy with low strip ratio, but the location is challenged.  More importantly Tudor wont tell us the concentrate grade they can achieve at these low

[Coyb88]

Sasha, are you an Engineer? I heard you were an Engineer. Congrats on being an Engineer.

[CoastalTrader]

Speaking of doing some DD... give it a try. Infrastructure:  - great. Highway - Powerline - Deepsea Port (2 teminals) + paved Airport Access to highway and powerline:  - awesome (20KM down the creek and SEA is about to start construction) Experience:  Look at KK's resume - and who he just brought onto the Advisory Team. Metallurgy: There have been tests and no

[Jetstream1281]

Check out SEA grades.....other than copper they are worse than TC. Also check out SEA price history....prior to the pea/pfs it was right where Tudor is. Let tudor define the resource and release a pea and then re-evaluate where we're at.....at least that's what my plan is. Any engineer worth they're salt knows you need a resource defined before a pea. Also, just for the record....SEA

[Krammer000]

$1850 oz US is nice price for gold for low grade massive bulk mine. Well over a billion plus tonne and growing.  Anyway,  if your a engineer call Ken Konkin and get some of your questions answers. Bring a engineer (golf clap) is quite different than a award winning geologist that's know exactly what he's doing.  go bug seabridge. They have lower grades and capex of at

[Jetstream1281]

if you're worried about sulfides then you blend it with a zinc concentrate. They are roasted prior to being processed which deals with the sulfur via SO2 > Sulfuric acid.

[Jetstream1281]

Actually the lead and zinc content of the ore is something to look into as I don't remember it being mentioned before....

[Jetstream1281]

There are massive amounts of research going into developing technologies to process refractory ores as at least a quarter of the world's gold is contained in that type of material. It'll get solved economically at some point....although any process which includes roasting will deal with it.

[Sasha11]

This is laughable, do you have the whole board of directors coming back with lame reasoning.  There is no infrastructure, and no flowsheet with economics just a bunch of smoke and mirrors.  Do your job and show the true value of this property (in my belief ZERO) with a PEA by a crediable independent engineering company.  Why wait unless its a pump and dump.

[Jetstream1281]

Why do you keep hammering away at this? The first thing they'd ask is "how big is thr deposit?" Ken would reply " We don't know yet." The response would be " Come back and see us when you do."

[Jetstream1281]

The conversation continues: Actual Engineer: So Ken tell me about your grades..... KK: Well, they're maybe not as high as we'd like but they seemed to be getting better near the end of last drilling season, so I was really excited to see what this (fully funded) drilling season held...oh by the way, we also have 4 or 5 other depostis that may be as good/big or better but we havent really

[stocktraderguy1]

you think the deposit is worthless,,, whay are you here? you want to protect uninformed investors of possible hype?  Really? you think anyone belives that.. in case readers are wondering, you can easily go around the boards here and see the same MO, over and over again, ... a supposed self proclaimed expert that clings onto any shred of weakness and builds an inflated arguement based on

[cskhurasu]

Amazing how some people on this site can't take in facts. You can't assume some new technology will come along and solve the TC met problem. It takes decades to develop, prove and permit new recovery technologies. The processing has to be economic. At TC grades, a flotation concentrate that only removes 60% of the waste and therefoe a concentrate of 2 grams gold per tonne, you have no

[Jetstream1281]

I wasn't aware that we were already mining here.....I've said numerous times that I'll wait for them to do their thing and get to the point where they can do a PEA. I'll re-evaluate at that point.

[Jetstream1281]

Also, look at the zinc or lead smelting process....those materials are almost exclusively high sulfide ores.....which they roast. That would be a perfectly acceptable way of dealing with this rather than going the copper route....

[cskhurasu]

You are dreaming if you think the immense power requirements and the extreme environmental criteria needed to establish and operate a smelter on a virgin mountain top in NW BC could be economic. Anything can be recovered from anything else given the grade but the basic economics and permit requirements must make sense. There is no way to pay for a roaster on a 2 gram per tonne gold concentrate

[CaptainE]

Like most mines in BC they would just ship the ore. The port at Stuart shipped all the ore for the lifespan of the huckleberry mine. And that ore had to travel multiple hundred kilometres by truck. 

[Jetstream1281]

Why would they get into smelting when one of the largest smelters in the world exists in BC???

[cskhurasu]

You need to pay to ship the concentrate to an offsite smelter. The concentrate needs to be rich enough for the smelter to profit from applying the enormous energy required to smelt it and the opportunity cost of having so much better material available to smelt.

[Jetstream1281]

which Is why you blend it with another concentrate if you don't have the metal content in your own. It makes the other material even more valuable/desirable than it already is. They are already shipping it so they give you a deal, and the smelter which would be processing that material anyway gets higher gold/silver than they normally would have for the energy they put into smelting it.

[Jetstream1281]

You're trying just a little bit too hard to drive this down...we don't even know what we have yet other than reserves of 17 million ounces of gold , 95 million of silver, a billion pounds of copper....so far......Let's start with defining goldstorm, and then move on to the other deposits. Then we figure out what the reserves/grades actually are at that point and do a PEA.

[LonghandStrong]

its probably just an innocent error there big guy, but it shows your lack of sophistication related to investment in this space. We have 0 ounces of reserves, 0. We have some resources, both MI and I. There is a significant difference between resources and reserves. Perhaps if you're gonna swim in this pool.you should do some reading there?

[Jetstream1281]

Call it what you want this is exactly the same as every other company pre-PEA. Seabridge went through this exact same thing.....except our grades are better and on the right side of the mountain. Let's wait until they figure out how big goldstorm actually is. Then we'll see what's what....

[Jetstream1281]

Also, if you look at the 2020 highlights, the higher grades are actually near surface intercepts, not deep.

[NOMOREROLLBACKS]

"lT looks like we may ALSO have good drilling weather this fall. Does anyone know how many hours per day the crews are working the current phase 1 drilling? Will we be into phase 3 next june??Also, Any update on when we get our spinout shares??? THIS IS GOING TO BE A VERY LONG, TIME WISE, PROJECT BEFORE WE FIND OUT WHAT WE COULD HAVE!!! WE MAY HAVE A BETTER INKLING NEXT SPRING IF WE DO HAVE A

[LonghandStrong]

yah, not to mention, that the higher (sic) grades are deeeeeeeeeeep. Isn't KK talking block cave for those? Have any of you sunshine and rainbow types wondered why the KSM tunnel? Yes, its a straight shot instead of a switchback due to proposed location of mill, however, why a tunnel needed after all? Then, knowing why they have a tunnel in the mine plan (hint, its because block cave mines