Teuton Resources Corp V.TUO

ESK started drilling may 31st - tudor began drilling may 9

[highper]

To date, the Company has completed 5,370 m of diamond core drilling in 13 holes – i.e., 18% of the 30,000 planned meters to be drilled in 2022.
 

Eskay Mining Discovers Multiple New VMS Systems across its Consolidated Eskay VMS Project, Golden Triangle British Columbia

 

https://money.tmx.com/en/quote/ESK/news/6474768297063661/Eskay_Mining_Discovers_Multiple_New_VMS_Systems_across_its_Consolidated_Eskay_VMS_Project_Golden_Triangle_British_Columbia

ACCESSWIREJul 7, 2022 8:00 AM EDT

[highper]

I don't know how many drill rigs eskay mining deployed this exploration season. Therefore it is hard to make a guesstimate of how many meters of drilling tudor has completed so far this season. Hopefully tudor has completed a few thousand more meters of drilling than eskay mining did. Somewhere between 6 and 8 kilometers provided there were no complications and unplanned stoppages in the tudor

[highper]

I made an inquiry and Eskay mining currently has 3 drills deployed with a 4th drill on its way.  To date, the Company has completed 5,370 m of diamond core drilling in 13 holes – i.e., 18% of the 30,000 planned meters to be drilled in 2022. so maybe my original guesstimate for the tudor meterage drilled was a mite low... We could possibly have as much as 12,000 meters of drilling

[stockzorg]

I'll guess 15,000m drilled by Tudor already - halfway through Phase I. Twice as many drills turning as Eskay Mining, 22 additional days of drilling, and the Treaty Creek holes might be longer on average.

[stockzorg]

Tudor announcing the Special Meeting related to the spinoff within 60 days could indicate they have a level of confidence now that the share price will be able to stand up to the transaction.  Since that confidence is not coming from the market action in the sector, it might be coming from the core.

[highper]

I hope you are right with the 15,000 meter number. My 12k number was meant to be conservative. As for the goldstorm rollout, for some reason it took them longer to get the appropriate paperwork done then they expected.... 

[LonghandStrong]

potentially they just didn't have the $? PP's have been hard to come by for TUD as indicated by less than fully subscribed 2022.....

[highper]

If I remember correctly, tudor did state that the  30,000 meter first phase of this year's exploration campaign was fully financed.  Hypothetically, some good kilometer plus long assays to depth would certainly be helpful. The hypothetical potential for a higher grade portion of the goldstorm zone to depth is a possibility that will be tested by the 2000 meter drill rigs. if

[stockzorg]

you know, if confidentiality agreements have things that tied up, you almost have to wonder if Pretium had to dump Snowfield to Seabridge to get the Newcrest deal done.

[highper]

i suspect newcrest came late to the party. I suspect they are not on sea's confidentiality list - though rudy did mention that they and freeport mcmoran were two of the world's best block caving specialists in the world. As to the details what could I possibly know for sure -- diddly. As a former pretium shareholder i gathered Management at pretium was trying to quickly bring down pretium