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Hole GS-20-92 Intersects 3.286gptAuEqover 82.5 Meterswithin 531.0 Metersof 0.999gpt AuEq;and Hole GS-20-91 inthe 300 Horizonofthe
Results from sampling of 9,621.7 meters of HQ and NQ2 core, from 11 diamond drill holes, have recently been received from
Tudor Gold’s Vice President of
Goldstorm Highlights include:
- Eleven diamond drill holes in this release totalling 9,621.7 meters; the favorable composite results are listed in Table 1 below.
- Best near-surface intercept was from the 300 Horizon in GS-20-91 on Section 112+50 NE that averaged 0.856 gpt AuEq over 1033.5 meters (60.0-1093.5 m) containing an enriched portion of 532.5 meters (60.0-592.5 m) that averaged 1.112 gpt AuEq.
- GS-20-92 also had a remarkable 82.5 meter intercept (213.0-295.5 m) of 3.286 gpt AuEq within the 300 Horizon, which is the highest grade gold composite interval drilled to date onthe project. This lies within a longer intercept of 531.0 meters (90.0-621.0 m) averaging 0.999 gpt AuEq
- An aggressive 150 meter step-out drill hole (GS-20-99) extended the
DS-5 Zone further to southeast on section 115+50 NE. The intercept averaged 0.647 gpt AuEq over 109.5 meters (855.5-965.0 m). The hole was lost at 965.0 meters in strong stockwork and DS5-type mineralization. The system remains open to the northeast and southeast along Section 115+50 NE.
The following two tables below provide the complete list of composited drill hole results as well as the drill hole data including hole location, elevation, depth, dip and azimuth.
Table l:
---------------------------------------------------------------------------------- |Section|Hole |Zone |From |To |Interval|Au |Ag |Cu |AuEq | | | | | | |(m) | | | | | |--------------------------------------------------------------------------------| |108*00 |GS-20-100 |300H |29.0 |600.5 |571.5 |0.521|2.95 |173 |0.582| |NE | | | | | | | | | | | | |-------------------------------------------------------------| | | |including |402.5 |555.5 |153.0 |0.795|6.00 |184 |0.895| |--------------------------------------------------------------------------------| |109*00 |GS-20-95 |300H |12.0 |256.5 |244.5 |0.671|1.98 |165 |0.719| |NE | | | | | | | | | | | | |-------------------------------------------------------------| | | |CS600 |412.5 |559.5 |147.0 |0.562|1.03 |345 |0.625| |--------------------------------------------------------------------------------| | |GS-20-98 |300H |10.5 |282.0 |271.5 |0.717|1.94 |96 |0.755| | | |-------------------------------------------------------------| | | |including |10.5 |214.5 |204.0 |0.850|2.39 |108 |0.895| |--------------------------------------------------------------------------------| |112+50 |GS-20-87 |300H |85.5 |277.5 |192.0 |0.894|4.03 |131 |0.962| |NE | | | | | | | | | | | | |-------------------------------------------------------------| | | |and |337.5 |348.0 |10.5 |1.444|5.49 |143 |1.531| | | |-------------------------------------------------------------| | | |CS600 |517.5 |663.0 |145.5 |0.461|8.24 |2689|0.958| | | |-------------------------------------------------------------| | | |DS5 |702.0 |804.0 |102.0 |0.820|4.08 |141 |0.890| |--------------------------------------------------------------------------------| | |GS-20-91 |300H |60.0 |1093.5|1033.5 |0.759|4.66 |275 |0.856| | | |-------------------------------------------------------------| | | |including |60.0 |909.0 |849.0 |0.828|3.67 |292 |0.916| | | |-------------------------------------------------------------| | | |or including |60.0 |592.5 |532.5 |1.018|3.71 |334 |1.112| |--------------------------------------------------------------------------------| |114+00 |GS-20-84 |300H |167.0 |179.0 |12.0 |0.467|5.99 |56 |0.547| |NE | | | | | | | | | | | | |-------------------------------------------------------------| | | |CS600 |524.0 |690.5 |166.5 |0.322|9.48 |2502|0.807| | | |-------------------------------------------------------------| | | |DS5 |930.5 |1019.0|88.5 |0.576|12.49|225 |0.760| |--------------------------------------------------------------------------------| | |GS-20-92 |300H |90.0 |1020.0|930.0 |0.637|1.72 |160 |0.682| | | |-------------------------------------------------------------| | | |including |90.0 |621.0 |531.0 |0.944|1.96 |213 |0.999| | | |-------------------------------------------------------------| | | |and including|213.0 |295.5 |82.5 |3.220|3.74 |144 |3.286| |--------------------------------------------------------------------------------| | |GS-20-102 |No | | | | | | | | | | |Significant | | | | | | | | | | |Values | | | | | | | | |--------------------------------------------------------------------------------| |115+50 |GS-20-88 |300H |178.5 |444.0 |265.5 |0.642|1.37 |79 |0.670| |NE | | | | | | | | | | | | |-------------------------------------------------------------| | | |and |519.0 |582.0 |63.0 |0.891|1.50 |110 |0.925| | | |-------------------------------------------------------------| | | |and |640.5 |681.0 |40.5 |0.671|2.39 |588 |0.787| | | |-------------------------------------------------------------| | | |CS600 |748.5 |898.5 |150.0 |0.302|1.62 |2226|0.651| | | |-------------------------------------------------------------| | | |DS5 |1162.5 |1432.5|270.0 |0.466|2.84 |91 |0.514| |--------------------------------------------------------------------------------| | |GS-20-99* |DS5 |855.5 |965.0 |109.5 |0.549|6.81 |106 |0.647| |--------------------------------------------------------------------------------| |117+00 |GS-20-101*|lost hole |re-drill|in | | | | | | |NE | | | |2021 | | | | | | ----------------------------------------------------------------------------------
*Lost hole
Gold equivalent composite values from eleven
- All assay values are uncut and intervals reflect drilled intercept lengths.
- HQ and NQ2 diameter core samples were sawn in half and typically sampled at standard 1.5m intervals
- The following metal prices were used to calculate the Au Eq metal content: Gold
$1322 /oz, Ag:$15.91 /oz, Cu:$2.86 /lb. Calculations used the formula Au Eq g/t = (Au g/t) + (Ag g/t x 0.012) + (Cu% x 1.4835). All metals are reported in USD and calculations do not consider metal recoveries.- True widths have not been determined as the mineralized body remains open in all directions. Further drilling is required to determine the mineralized body orientation and true widths
Table ll: Drill Data for Holes for Press Release
---------------------------------------------------------------- |Section|Hole ID |UTM E |UTM N |Elevation|Azi|Dip|Depth | | | |NAD83 |NAD83 |(m) |(’)|(°)|(m) | |--------------------------------------------------------------| |108*00 |GS-20-100 |428355.0|6272668.2|1301.1 |295|-55|812.0 | |NE | | | | | | | | |--------------------------------------------------------------| |109*00 |GS-20-95 |428415.8|6272747.3|1289.3 |115|-57|582.0 | |NE | | | | | | | | |--------------------------------------------------------------| | |GS-20-98 |428413.9|6272748.1|1290.1 |115|-68|534.0 | |--------------------------------------------------------------| |112+50 |GS-20-87 |428541.3|6273076.8|1366.1 |115|-60|937.7 | |NE | | | | | | | | |--------------------------------------------------------------| | |GS-20-91 |428667.0|6273018.0|1287.0 |287|-50|1191.0| |--------------------------------------------------------------| |114+00 |GS-20-84 |428659.1|6273197.5|1368.7 |115|-69|1064.0| |NE | | | | | | | | |--------------------------------------------------------------| | |GS-20-92 |428810.8|6273080.1|1255.6 |287|-45|1023.0| |--------------------------------------------------------------| | |GS-20-102 |429094.6|6272944.2|1234.1 |290|-90|725.0 | |--------------------------------------------------------------| |115+50 |GS-20-88 |428781.4|6273288.4|1345.1 |295|-75|1440.0| |NE | | | | | | | | |--------------------------------------------------------------| | |GS-20-99* |429128.7|6273106.3|1223.7 |290|-85|965.0 | |--------------------------------------------------------------| |117+00 |GS-20-101*|429226.7|6273216.6|1211.0 |290|-90|348.0 | |NE | | | | | | | | ----------------------------------------------------------------
*Lost hole
Attached are Sections 108+00 NE, 109+00 NE, 112+50 NE, 114+00 NE and 115+50 NE showing holes traces with gold and copper histogram results and a Plan Map showing the drill hole and section locations.
Tudor Gold Corp and its associated service companies have taken extreme measures to maintain the highest professional standards while working within COVID-19 health and safety protocols. Only essential personnel are permitted to enter the camp and staging areas. Of those who are at the project site and staging site, Tudor has implemented strict daily monitoring of the workers’ temperatures andgeneral health conditions. Tudor also has a certified paramedic at the staging area to examine all in-coming and out-going Tudor personnel and all service providers.
QA/QC
Drill core samples were prepared at
Qualified Person
The Qualified Person for this news release for the purposes of National Instrument 43-101 is Tudor Gold’s Vice President Project Development,
About Teuton
Teuton owns interests in more than thirty properties in the prolific “Golden Triangle” area of northwest
Teuton was the original staker of the Treaty Creek property assembling the core land position in 1985. It presently holds a 20% carried interest in
Figures Accompanying News Release
http://teuton.com/PlanViewDec15
http://teuton.com/GSZ10800NEAuCu
http://teuton.com/GSZ11000NEAuCu
http://teuton.com/GSZ11100NEAuCu
http://teuton.com/GSZ11250NEAuCu
http://teuton.com/GSZ11400NEAuCu
http://teuton.com/GSZ11550NEAuCu
Respectfully submitted,
"
President and Chief Executive Officer
For further information, please visit the Company's website at www.teuton.com or contact:
Tel. 778-430-5680
Email: barry@teuton.com
Neither the
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