One of the Largest Gold Discoveries in the Last 30 Years
Indicated Resource of 27.87 Moz of Gold EQ.at a grade of 1.19 g/t Gold EQ
Indicated Copper Resource of 2.73 Billion lbs at a grade of 0.31% in the CS-600 Domain
Indicated Silver Resource of 128.73 Moz at a grade of 5.48g/t Silver
Tudor Gold Corp is an exploration and development company focused on discovering precious and base metals. Its primary focus is advancing the Treaty Creek gold and copper project located in the Golden Triangle of British Columbia, Canada. This region has a history of operational and historical mines and numerous significant deposits nearing development. The Treaty Creek Project hosts the Goldstorm Deposit, considered one of the largest gold discoveries in the last 30 years.
Tudor Gold's strategic plan for the next 12 months centers on advancing the Treaty Creek project. The company aims to initiate a Preliminary Economic Assessment (PEA) for the Goldstorm Deposit in the next quarter, with completion targeted by Q2 2025. The PEA will detail a phased production strategy to maximize the internal rate of return by exploiting high-grade areas. Tudor Gold will continue optimizing the project and developing strategies for permitting and mining methods. They will also work on cost estimates to strengthen the project's economic viability and establish work programs for future stages, including a detailed feasibility study.
Strategic land holdings encapsulate Tudor Gold Corp's success. Their primary focus is on the Canadian province of British Columbia, particularly in the Golden Triangle region. This region is renowned for its rich history of mineral discoveries and high mineralization potential, providing Tudor Gold Corp with a significant competitive advantage.
Tudor Gold Corp. remains confident in its future, the Treaty Creek Project, and the potential of the gold and copper markets. Treaty Creek's value remains strong, with the Goldstorm deposit containing 27.87 million gold equivalent ounces, including 2.9 billion pounds of copper. The 2024 summer drilling campaign is well underway, with 5,500 meters completed. The geological team is commended for ensuring a safe and environmentally conscious program without lost time injuries. The company appreciates the support and guidance from its First Nation partners. The focus targets high-grade gold at the Super Cell One zone, with initial assay results expected this summer. Plans include drilling seven holes to further define and expand the gold-copper mineralization at the CS600 domain. Technical work on the CS600 domain suggests it is suitable for conventional copper flotation and has substantial gold recovery potential. Metallurgical testing continues at the 300H and DS5 domains, which contain 11 million ounces of gold combined. Various recovery options and their impact on future economic studies are being explored. The company also evaluates underground and open-pit mining methods for the Treaty Creek Project with external experts. All current work, including environmental studies, will inform a preliminary economic assessment expected by mid-2025.
Tudor Gold Outlines Strategic Plan for the Next 12 Months Focused on advancing the Treaty Creek Gold and Copper Project Located in the Golden Triangle, British Columbia.
Read the full news release dated June 18th, 2024
Tudor Gold Corp is committed to upholding high ethical and accountable management standards to protect its shareholders' interests. The company's board of directors is crucial in maintaining these standards by ensuring compliance with regulatory requirements and best practices.
Composition of the Board
The current board consists of four directors, two of whom are independent as defined by applicable Canadian securities laws. This diverse mix of expertise and perspectives allows for informed decision-making and effective oversight of the company's operations.
Corporate Governance Guidelines
Tudor Gold Corp has established corporate governance guidelines that align with regulatory requirements and best practices. These guidelines aim to ensure clarity and maintain high standards of conduct across all levels of the organization. The board periodically reviews these guidelines to remain current and relevant.
Specific Charters and Policies
To further strengthen its governance framework, Tudor Gold Corp has implemented specific charters and policies that guide the actions of its employees and board members. These measures help to maintain transparency, accountability, and ethical behaviour within the company. As part of its ongoing commitment to strong governance, the board regularly assesses these policies to ensure their effectiveness and relevance.
Tudor Gold Corp maintains robust investor relations by providing transparent financial disclosures and performance metrics. The company's annual reports and quarterly updates offer comprehensive insights into financial health, operational achievements, and prospects. This transparency fosters trust and confidence among investors, underscoring the company's commitment to accountability and governance.
Tudor Gold Corp has a diversified corporate structure with a mix of issued and outstanding shares, options, and warrants. As of December 31, 2023, the company had 228,644,526 issued and outstanding shares. Additionally, 22,550,000 options were outstanding with an average exercise price of $1.48 and an expiration date ranging from March 20, 2024, to October 3, 2028. Tudor Gold also had 18,277,518 warrants outstanding with an average exercise price of $1.89 and an expiration date between November 4, 2023, and April 12, 2025. In total, the fully diluted share count amounted to 269,472,044.
The company's top shareholders include Tudor Holdings Ltd., which holds a 24.2% stake, and 216,423 Ontario Ltd., with a 17.3% ownership interest. Other significant shareholders include Eric Sprott, a well-known Canadian billionaire investor, and Plutos Vermögensverwaltung AG, a German investment management company. This diverse shareholder base indicates strong support and confidence in Tudor Gold Corp's strategic direction and future growth potential.
Looking ahead, Tudor Gold Corp aims to expand its exploration footprint, strengthen its resource base, and enhance production capacities. Continued investment in technology and strategic partnerships will drive future growth. The company's forward-looking approach is poised to unlock new opportunities and elevate its status as a leading player in the mining sector.
For individuals seeking in-depth information, detailed project reports, and the latest updates on Tudor Gold Corp's endeavours, visit Tudor Gold Corp at the company's website. The website provides an expansive knowledge repository, reflecting the company's transparency and commitment to informed stakeholders.
A close examination of Tudor Gold Corp reveals a company deeply committed to innovative mineral exploration and sustainable practices. With a strong foundation in strategic land positions, cutting-edge technology, and community engagement, the company stands well-equipped to make significant strides in the mining industry. The future outlook promises continued growth, driven by an unwavering commitment to excellence and responsible resource management. Exploring Tudor Gold Corp's official webpage will provide valuable insights into their journey and successes.