Currently viewing Global edition

Tudor continues to hit grade at Goldstorm

Tudor Gold has completed the second set of diamond drill holes at its Treaty Creek property in the Golden Triangle of British Columbia, Canada.
Tudor continues to hit grade at Goldstorm Tudor continues to hit grade at Goldstorm Tudor continues to hit grade at Goldstorm Tudor continues to hit grade at Goldstorm Tudor continues to hit grade at Goldstorm

Goldstorm in British Columbia, Canada

Staff reporter

Drilling has focused on the Goldstorm gold-copper-silver system, where the company plans to double the diamond drilling programme from an original 20,000m to at least 40,000m in 2020, which is fully funded. Drilling has yet to delineate the limits of the Goldstorm system with the number of drills being increased from two to six to complete the drilling programme.

Recent drilling highlights included 348m grading 2.12 grams per tonne gold-equivalent within a larger 930m intercept grading 1.16g/t gold-equivalent.

"More drilling will be required in this central region in order to better define these higher-grade metal plumes that we believe occur throughout the Goldstorm system," said Tudor VP project development Ken Konkin.

"The focus for the rest of this summer will be to complete the exploration drilling to the limits of the known mineralisation along the north-eastern axis."

The northeast-trending axis of the mineralised body of Goldstorm now exceeds 1km in length.

Shares in Tudor Gold are trading at C$2.79, valuing the company at $403 million.