Vancouver, British Columbia--(Newsfile Corp. - January 15, 2018) - Tudor Gold Corp. (TSXV: TUD) (FSE: TUC) (the "Company" or
"Tudor Gold") is pleased to report on an additional 17 holes from its 27-hole, 2017 drill program on the Copper Belle zone of the
Company's Treaty Creek property in north-western B.C.
The summary of results provided in the table below, include the most promising gold intersections reported to
date. Hole CB-17-26, returned 149.1m grading 1.78 g/t gold (from 97.8 to 246.9m),
including a 59.2m interval of 2.84 g/t gold (from 97.8 to 157m depth). So far, 15 of the 16
holes drilled in the Copper Belle zone contain prominent mineralization, which continues to expand the size of this potential
deposit and increases the area of the resource estimate for this zone.
| Hole-ID |
From (m) |
To (m) |
Interval (m)* |
Au (g/t) |
Ag (g/t) |
Cu (%) |
| CB-17-08 |
166.00 |
187.00 |
21.00 |
1.03 |
166.00 |
0.019 |
| including |
166.00 |
182.50 |
16.50 |
1.27 |
1.54 |
0.013 |
| CB-17-09 |
0.00 |
8.00 |
8.00 |
1.08 |
2.56 |
0.011 |
|
32.00 |
266.00 |
234.00 |
0.62 |
3.32 |
0.031 |
| including |
51.50 |
105.50 |
52.50 |
0.68 |
1.63 |
0.013 |
| including |
117.50 |
144.50 |
27.00 |
1.07 |
9.86 |
0.069 |
| including |
150.50 |
191.00 |
40.50 |
0.83 |
1.55 |
0.023 |
|
275.00 |
288.50 |
13.50 |
1.21 |
5.20 |
0.020 |
|
438.50 |
447.50 |
9.00 |
0.80 |
1.50 |
0.003 |
|
518.00 |
549.50 |
31.50 |
0.98 |
1.86 |
0.009 |
| CB-17-10 |
211.50 |
244.50 |
33.00 |
0.78 |
1.5 |
0.012 |
| including |
222.00 |
241.50 |
19.50 |
1.16 |
1.72 |
0.014 |
|
252.00 |
268.50 |
16.50 |
1.97 |
1.37 |
0.006 |
| CB-17-11 |
No Significant Values |
| CB-17-13 |
147.00 |
151.50 |
4.50 |
1.27 |
0.60 |
0.001 |
|
468.00 |
495.00 |
27.00 |
1.03 |
1.66 |
0.028 |
| CB-17-14 |
184.50 |
210.00 |
25.50 |
0.73 |
2.37 |
0.010 |
| CB-17-15 |
220.00 |
230.70 |
10.70 |
1.02 |
1.2 |
0.007 |
|
242.90 |
256.60 |
13.70 |
1.22 |
4.5 |
0.003 |
| CB-17-16 |
236.00 |
257.00 |
21.00 |
1.10 |
0.81 |
0.003 |
|
327.50 |
333.50 |
6.00 |
0.78 |
0.58 |
0.001 |
| CB-17-17 |
25.50 |
39.00 |
13.50 |
0.60 |
0.56 |
0.001 |
| CB-17-18 |
172.80 |
242.90 |
70.10 |
1.01 |
2.0 |
0.005 |
|
349.60 |
381.50 |
31.90 |
0.66 |
0.8 |
0.006 |
|
401.40 |
421.20 |
19.80 |
0.68 |
9.7 |
0.149 |
| CB-17-19 |
2.00 |
47.00 |
45.00 |
1.33 |
21.9 |
0.010 |
| including |
12.50 |
39.50 |
27.00 |
1.89 |
24.90 |
0.011 |
|
125.00 |
131.00 |
6.00 |
1.42 |
1.8 |
0.006 |
| CB-17-20 |
5.20 |
34.10 |
28.90 |
0.80 |
3.0 |
0.029 |
|
121.00 |
130.10 |
9.10 |
0.99 |
2.6 |
0.005 |
|
148.40 |
182.00 |
33.60 |
0.76 |
1.2 |
0006 |
| including |
160.60 |
182.00 |
21.40 |
1.10 |
1.52 |
0.004 |
|
210.90 |
252.00 |
41.10 |
0.56 |
1.8 |
0.010 |
| CB-17-21 |
12.50 |
26.00 |
13.50 |
0.62 |
1.4 |
0.003 |
| including |
12.50 |
17.00 |
4.50 |
1.22 |
3.67 |
0.005 |
|
69.50 |
156.50 |
87.00 |
0.33 |
0.7 |
0.008 |
| CB-17-22 |
3.50 |
11.00 |
7.50 |
1.71 |
7.7 |
0.014 |
|
137.00 |
161.00 |
24.00 |
0.71 |
3.0 |
0.008 |
|
167.00 |
195.50 |
28.50 |
0.66 |
1.3 |
0.006 |
| CB-17-23 |
2.10 |
12.20 |
10.10 |
1.46 |
1.1 |
0.005 |
| CB-17-25 |
3.00 |
13.60 |
10.60 |
1.78 |
1.8 |
0.003 |
|
39.60 |
59.40 |
19.80 |
1.41 |
6.1 |
0.042 |
|
74.60 |
86.80 |
12.20 |
0.81 |
2.7 |
0.005 |
|
275.80 |
348.90 |
73.10 |
0.52 |
0.7 |
0.004 |
| CB-17-26 |
97.80 |
246.90 |
149.10 |
1.78 |
2.8 |
0.009 |
| including |
97.80 |
157.00 |
59.20 |
2.84 |
4.30 |
0.011 |
|
301.70 |
329.20 |
27.50 |
0.84 |
3.2 |
0.012 |
*True widths of the mineralization have not been determined.
Walter Storm, President and CEO, stated: "The
outstanding interval of gold mineralization in Hole CB-17-26--149m of 1.78 g/t
gold--contains the highest average gold grade yet recorded for
porphyry style mineralization on the Treaty Creek property. It also ranks among the top tier, in terms of gold grades, of the hundreds of holes drilled
during the past fifteen years into multiple porphyry targets on the adjoining KSM and Brucejack-Snowfield
properties of Seabridge Gold and Pretium Resources, part of
the same, large hydrothermal "Sulphurets" system. The fact that we have achieved these kinds of grades in only our second year
after acquiring Treaty Creek speaks both to the potential of the property and also the
expertise of our geological staff. This hole will serve to further guide our exploration at Copper
Belle in 2018, as well as the more than 3km of ground yet to be explored between the Copper Belle and the Iron
Cap Zone of Seabridge Gold to the south, an area defined by
extensive magnetotelluric anomalies."
The Copper Belle 2017 resource delineation drill program comprised 27 holes to depths below 700m (an estimated 13,722m) and
step-outs of 50m where topography permitted. Results from additional drill holes of the 2017 drill program at Copper Belle are
still pending. Drill holes were targeted oblique to the northwesterly plunge of the main mineralized zone. A block of delineated
mineralization will form the basis for a preliminary resource estimate. All drill holes were down hole surveyed at 25m stations
using a Reflex Multi-shot device.
The Company's 2016 Magnetotelluric Geophysical Survey program (MT Survey) was effectively utilized as a guide for the drill
program. The MT Survey suggests that the mineralization continues to the southwest, toward the Iron Cap deposit of Seabridge Gold
Inc. The MT Survey also suggests that the mineralized zone continues in all directions. Tudor Gold's 2017 drill program was located
five kilometers north of the Iron Cap deposit and the Company intends to step out to the south in its 2018 program to see if it can
determine a relationship between the two areas.
Drill hole samples were assayed by Activation Laboratories Ltd. in Kamloops, BC. Analytical accuracy and precision are monitored
by the submission of blanks, certified standards and duplicate samples inserted at regular intervals into the sample stream by
Tudor Gold personnel. Activation Laboratories quality system complies with the requirements for the International Standards ISO
17025: 2005.
The Qualified Person for the Treaty Creek results in this new release is James McCrea, P.Geo. for the purposes of National
Instrument 43-101. He has read and approved the scientific and technical information that forms the basis for the disclosure
contained in this news release.
Tudor Gold is also pleased to announce that it has engaged AviTerra Consulting Inc. on a contract to develop and implement,
marketing and communications programs focused on investor and market awareness. The contract is for two years at a cost of
five thousand dollars per month. Incentive options to purchase 200,000 shares at $0.55 good for five years will also be
granted to AviTerra. These options will vest in 100,000 increments at the end of four consecutive three-month periods,
in accordance with TSX-V policies. The principals of AviTerra have more than thirty years of business management, marketing
and media experience with private and public Canadian companies. The investor relations contract is subject to TSX Venture
Exchange approval.
We are also pleased to announce that Tudor Gold will be exhibiting and attending the Vancouver Resource Investor Conference
January 21st -22nd; Minerals RoundUp in Vancouver January 22nd to 25th and at the PDAC in Toronto March
4th - 7th 2018.
Copper Belle Location Map at Treaty Creek
To view an enhanced version of Copper Belle Location Map at Treaty Creek, please visit:
http://orders.newsfilecorp.com/files/4494/32005_tudor1enhanced.jpg
About Tudor Gold
Tudor Gold is a precious and base metals explorer in British Columbia's Golden Triangle, an area which hosts multiple
past-producing mines and several large deposits that are approaching potential development. The Company has a 60% interest in both
the Electrum and Treaty Creek properties, and a 100% interest in the Mackie, Eskay North, Orion, Fairweather, Delta and the High
North properties, all of which are located in the Golden Triangle area.
"Walter Storm"
Walter Storm
President and Chief Executive Officer
For further information, please visit the Company's website at 'www.tudor-gold.com' or contact:
Tudor Investor Relations:
Barry Holmes
Ph: 778-587-2074
Email: Barry.Holmes@tudor-gold.com
CHF Capital Markets:
Cathy Hume
CEO
Tel: 416-868-1079 x 231
Email: cathy@chfir.com
Cautionary Statements regarding Forward-Looking Information
Certain statements contained in this press release constitute forward-looking information. These statements relate to future
events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated"
and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking
information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual
future results may differ materially.
All statements other than statements of historical fact included in this release, including, without limitation, statements
regarding potential mineralization and geological merits of the Treaty Creek Project and other future plans, objectives or
expectations of the Company are forward-looking statements that involve various risks and uncertainties. There can be no assurance
that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated
in such statements. Forward-looking statements are based on a number of material factors and assumptions. Important factors that
could cause actual results to differ materially from Company's expectations include actual exploration results,
changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices,
availability of capital and financing on acceptable terms, general economic, market or business conditions, uninsured risks,
regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment
breakdowns, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same,
and other exploration or other risks detailed herein and from time to time in the filings made by the Company with securities
regulators. Although the Company has attempted to identify important factors that could cause actual actions, events or results to
differ from those described in forward-looking statements, there may be other factors that cause such actions, events or
results to differ materially from those anticipated. There can be no assurance that forward-looking statements will prove to be
accurate and accordingly readers are cautioned not to place undue reliance on forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
