Tudor Gold (TUD-TSXV) is a company with a strong focus on advancing its Treaty Creek Project in the Golden Triangle of Northwest British Columbia, Canada. With a market capitalization of Cdn$241 million, Tudor is making significant progress in its exploration efforts.
In April, Tudor released an updated resource estimate for the Goldstorm gold-copper project, revealing an impressive nearly 28 million ounces of gold equivalent at an average grade of 1.19 g/t gold equivalent. The Goldstorm deposit contains almost 22 million ounces of gold and close to 3 billion pounds of copper, making it a highly valuable asset.
Last August, Tudor completed a successful 10,000-meter, seven-hole drilling campaign focused on the new high-grade gold zone, Supercell-One. This drilling program intercepted several high-grade structures with visible gold, indicating the potential for 2-3 million ounces of gold at a grade of around 10 grams/tonne. President and CEO Ken Konkin, known for his involvement in the discovery of the Brucejack deposit for Pretium Resources, sees the Supercell-One zone as a significant discovery that could rival the Brucejack deposit.
During the 2024 summer campaign, Tudor aimed to expand the dimensions of the high-grade system and explore the potential extension of Supercell-One into the gold-copper-rich CS600 domain, which holds approximately 10 million ounces of gold and nearly three billion pounds of copper. The discovery of high-grade gold-bearing structures confirms the presence of a substantial late-stage hydrothermal gold-dominant system, providing a significant economic advantage to the project.
Looking ahead, Tudor Gold plans to initiate a preliminary economic assessment and conduct further work on the metallurgy of the project, highlighting the company’s commitment to advancing the Treaty Creek Project and unlocking its full potential.