Tudor targets gold near KSM's Iron Cap

Tudor Gold Corp. said it has identified a new high-priority exploration target at Treaty Creek that appears to be related to the Iron Cap Deep discovery on Seabridge Gold Inc.'s KSM property in the Golden Triangle region of northwestern British Columbia.

A 13,722-meter drill program carried out at Treaty Creek last year defined a 1,000-meter long zone of gold-enriched porphyry mineralization at its Copper Belle target. The best hole of the program cut 149.1 meters grading 1.78 grams per metric ton gold.

Tudor is currently carrying out a maiden resource estimate for Treaty Creek.

The company is planning a 2018 exploration program that will focus on expanding Copper Belle and determining whether Treaty Creek hosts multiple deposits similar to the adjacent KSM property.

Two major faults – one that hosts the major deposits on the KSM property to the west and one that hosts the Valley of the Kings deposit on Pretium Resource's Brucejack property to the south – converge on the Treaty Creek property

Recent news from Seabridge Gold on the improving gold grades and growing size of their Iron Cap Deep discovery, combined with geophysical data, has prompted Tudor to prioritize this "Sulphurets Thrust Fault Convergence Area" as a priority exploration target for 2018.

"We congratulate Seabridge on their successful drill campaign at the Iron Cap Deep deposit," said Tudor Gold President and CEO Walter Storm. "The Iron Cap drill results, the continuation of the Sulphurets Thrust Fault into Treaty Creek, our EM (electromagnetic, mag (magnetic) and MT (magnetotelluric) geophysical surveys, our extensive geo-database, as well as our growing experience at Treaty Creek are the key components of modern exploration that produce new discoveries."

–SHANE LASLEY