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Tudor Gold has safely and successfully completed the 2023 drilling program with a total of 31,904 meters (m) drilled within areas encompassing the Goldstorm Deposit and the
Click to view a plan map and cross sections:http://teuton.com/Treaty0923Figures.
Drill hole GS-23-174 is a good example of the success we have had in defining areas of higher gold and copper values with, in this case, an unexpected increase in silver mineralization. The estimated silver content for the Indicated Resource within the CS-600 Domain is 5.45 g/t. Drill hole GS-23-174 was drilled at the northern limit of the deposit and had a213.0 m interval averaging 13.32 g/t Ag, 0.89 g/t Au and 0.36 % Cu, which equals 1.45 g/t gold equivalent (AuEq). As well, we found significant silver mineralization along the upper contact area of the CS-600 Domain within drill hole GS-23-172. This northeastern-most drill hole contained elevated silver values, with a high of571 g/t Ag over 1.5 m, near the end of the hole. Unfortunately, GS-23-172 was lost in fractured ground as it approached the upper contact of the CS-600 Domain at this location. We will target this area from a different angle next year.
Based on our geological observations from the latest drilling, we have constructed two more drill pads ready for the 2024 season that are located approximately 500 m northeast of the current Mineral Resource limit. From these two super-pads, we should be able to complete drilling on the northern aspect of the deposit. Currently the deposit is open in all directions and at depth. Once the final definition drilling of the Goldstorm Deposit is completed, we can then focus our exploration on three other very promising targets; Eureka, Calm Before the Storm (CBS), and Perfectstorm (PSZ), while we advance Goldstorm to the Preliminary Economic Assessment (PEA) phase of the project.”
Section 117+00NE
GS-23-168-W2:Wedged off parent hole GS-23-168 to target the down dip extension of the CS-600 Domain intersected in hole GS-23-168-W1. The hole first passed through the 300HDomain with216.0 m grading 1.11 g/t AuEq (1.05 g/t Au, 4.47 g/t Ag, 0.01 % Cu), but the hole then deviated beyond the planned orientation and was not able to continue to test CS-600 at depth.
Section A
GS-23-171:Drilled to target the deep portion of the CS-600 Domain where the
April 28, 2023 Mineral Resource Estimate (MRE) categorized the area as Inferred Resources. The hole encountered mineralization in the 300H Domain with55.5 mgrading 3.35 g/t AuEq (3.27 g/t Au, 6.62 g/t Ag, 0.01 % Cu)within a broader interval of255.0 m grading1.18 g/t AuEq (1.15g/tAu, 2.01 g/t Ag,.01 % Cu). At depth, the drill hole terminated in mineralization within the CS-600 Domain due to poor ground conditions. The recovered CS-600 interval measured91.5 m grading1.03g/tAuEq (0.86g/tAu, 3.24g/tAg0.12% Cu)
GS-23-174:Drilled to target an area of Inferred Mineral Resources in the CS-600 Domain. This hole was fully completed and returned213.0m of 1.45g/tAuEq (0.89g/tAu, 13.32g/tAg0.36% Cu)with an enriched intervalof72.0 m grading2.01g/tAuEq (1.30g/tAu, 23.34 g/tAg0.40% Cu)
Section B
GS-23-173:Drilled as a 200 m northeast step-out from the CS-600 Domain boundary, as reported in the
April 28, 2023 MRE. The hole terminated in faulted ground within the CS-600 Domain, although the upper part of CS-600 was recovered, averaging1.03 g/t AuEq over 263.1 m (0.58 g/t Au, 5.46 g/t Ag, and 0.34 % Cu). Wedge holes were then drilled to complete the target intercept.
GS-23-173-W1:This hole was terminated prior to target depth due to poor ground conditions.
GS-23-173-W2:This hole was wedged above GS-23-173-W1 and was spaced at 6 m from the end of GS-23-173-W1, producing a twin intercept. Thehole was successful and hit both the CS-600 Domain and what is interpreted to be a significant extension to the DS5 Domain. A CS-600 Domain interval of 253.50 m was intersected and averaged 0.91 g/t AuEq (0.48 g/t Au, 5.09 g/t Ag, 0.32 % Cu)with a145.5 m interval grading 1.02 g/t AuEq (0.45 g/t Au, 6.63 g/t Ag, 0.42% Cu. Below the CS-600 Domain, theDS5Domain was intersected with an interval of112.5 m grading 1.42 g/t AuEq (1.33 g/t Au, 3.40 g/t Ag, 0.05 % Cu).
Section C
GS-23-172:Drilled to test the CS-600 Domain approximately 375 m to the northeast. The hole flattened beyond the planned orientation and did not intersect the CS-600 Domain. However, the hole returned several silver intercepts, most notably,21.0m of 67g/tAg near the end of the hole
Table 1: Drilling Results for Goldstorm Deposit in Press Release
Section | Hole | Zone | From (m) | To (m) | Interval (m) | Au (g/t) | Ag (g/t) | Cu (%) | AuEq (g/t) |
117+00NE | GS-23-168-W21 | 300H | 198.00 | 414.00 | 216.00 | 1.05 | 4.47 | 0.01 | 1.11 |
including | 313.50 | 324.00 | 10.50 | 4.87 | 9.72 | 0.01 | 4.98 | ||
A | GS-23-1711 | 300H | 426.00 | 681.00 | 255.00 | 1.15 | 2.01 | 0.01 | 1.18 |
including | 438.00 | 465.00 | 27.00 | 2.42 | 0.57 | 0.01 | 2.43 | ||
and | 561.00 | 616.50 | 55.50 | 3.27 | 6.62 | 0.01 | 3.35 | ||
CS-600 | 1702.50 | 1794.00 | 91.50 | 0.86 | 3.24 | 0.12 | 1.03 | ||
C | GS-23-172 | Other | 675.00 | 678.00 | 3.00 | 2.58 | 232.67 | 0.21 | 5.13 |
Other | 1041.00 | 1062.00 | 21.00 | 0.13 | 66.95 | 0.06 | 0.85 | ||
Including | 1041.00 | 1051.50 | 10.50 | 0.15 | 108.34 | 0.09 | 1.32 | ||
And including | 1042.50 | 1044.00 | 1.50 | 0.10 | 571.00 | 0.23 | 6.01 | ||
B | GS-23-1731 | CS-600 | 1014.00 | 1277.10 | 263.10 | 0.58 | 5.46 | 0.34 | 1.03 |
including | 1123.50 | 1227.00 | 103.50 | 0.54 | 5.05 | 0.43 | 1.10 | ||
B | GS-23-173-W2 | CS-600 | 105.00 | 358.50 | 253.50 | 0.48 | 5.09 | 0.32 | 0.91 |
including | 166.50 | 312.00 | 145.50 | 0.45 | 6.63 | 0.42 | 1.02 | ||
DS5 | 397.50 | 510.00 | 112.50 | 1.33 | 3.40 | 0.05 | 1.42 | ||
including | 453.00 | 471.00 | 18.00 | 3.15 | 1.46 | 0.01 | 3.18 | ||
A | GS-23-174 | CS-600 | 879.00 | 1092.00 | 213.00 | 0.89 | 13.32 | 0.36 | 1.45 |
including | 1014.00 | 1086.00 | 72.00 | 1.30 | 23.34 | 0.40 | 2.01 | ||
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Table 2: Drill data for holes in Press Release
Section | Hole ID | UTM E NAD 83 | UTM N NAD 83 | Elevation (m) | Azi (ᵒ) | Dip (ᵒ) | Depth (m) |
117+00 NE | GS-23-168-W2 | 428725.7 | 6273503.2 | 1060.9 | 290 | -57 | 1230 |
A | GS-23-171 | 428933.0 | 6273444.6 | 1398.4 | 318 | -60 | 1794 |
C | GS-23-172 | 429355.0 | 6273556.4 | 1228.4 | 320 | -59 | 1104 |
B | GS-23-173 | 429032.6 | 6273665.6 | 1498.8 | 332 | -74 | 1277.1 |
B | GS-23-173-W1 | 428941.4 | 6273864.1 | 625.9 | 345 | -77 | 193 |
B | GS-32-173-W2 | 428941.1 | 6273865.0 | 622.0 | 344 | -77 | 558 |
A | GS-23-174 | 429025.2 | 6273657.5 | 1498.4 | 275 | -79 | 1167 |
QA/QC
Diamond drill core samples were prepared at MSA Labs’
About
Teuton was the original staker of the
1AuEq = Au g/t + (Ag g/t*0.0098765) + (Cu ppm*0.0001185)
About Teuton
Teuton owns interests in more than thirty properties in the prolific “Golden Triangle” area of northwest
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